Highest-ever Indian cartel fine struck down

axWRAZA

In a strongly worded judgment, India’s Competition Appellate Tribunal today overturned a 61 billion rupee (€836 million) fine imposed on the members of an alleged cement cartel, holding that the Indian competition watchdog’s investigation was procedurally unfair.

WXRe

Skadden and Cleary lead on huge Dow Chemical/DuPont deal

Dow Chemical and DuPont today highlighted the complementary nature of their businesses as they confirmed their tie-up, which will see the combined company hold a US$130 billion market capitalisation.

US Federal Trade Commission chairwoman Edith Ramirez

Ramirez renominated to head US FTC

The White House yesterday announced that President Barack Obama had nominated Edith Ramirez to another term as chair of the US Federal Trade Commission.

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Features

Front cover of GCR Volume 18 - Issue 9

Volume 18 - Issue 9

EU Cartel Appeals Data • The US Health Care Merger Wave • Surveys: Portugal, Finland

Featured Articles

Finland’s competition bar

A deep financial crisis in Finland has forced competition groups in Helsinki to shift their focus from transactional work to behavioural matters and long-running private litigations, many of which can supply competition lawyers with work for a decade or more. Ron Knox examines the country’s stable and talented bar to find which groups are thriving amid the downturn.

An interview with Juhani Jokinen

Juhani Jokinen

For the past two years, Juhani Jokinen has overseen the Finnish Competition and Consumer Authority, an agency born from the merger of the country’s former antitrust and consumer protection bodies. Despite some criticisms from the competition bar, Jokinen has overseen major cartel and dominance cases, resulting in record fines. Now, a shaky economy and a revised mandate has forced the agency to train its efforts on advocacy even as staff numbers dwindle. Ron Knox spoke with Jokinen about the agency’s focus and frustrations.

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