Community News

Beckett approves P&O/ Stena deal

Premium 01 December 1997

UK trade secretary Margaret Beckett has approved the P&O/Stena Line ferry merger despite concern from European Commissioner Karel van Miert and UK Director General of Fair Trading John Bridgeman, who favoured complete prohibition in the public interest.

Teutonic law firms cross the divide

Premium 01 December 1997

European merger mayhem has spread to law firms as the first German/Austrian cross-border law firm merger was announced. Leading German business firm Bruckhaus Westrick Stegemann, with 209 lawyers, and Austria’s second largest firm, Heller Löber Bahn & Partners, with 60 lawyers, will merge on 1 January 1998, creating the strongest law firm in the German-speaking area of the EU.

Positive outlook on Mexican trade

Premium 01 December 1997

Latin American ministers, lawyers and politicians met in London last month to discuss the progress of trade in the Americas, and in particular the progress of NAFTA and the future of FTAA.

Fast-track failure threatens Latin American competition

Premium 01 December 1997

Competition lawyers are concerned that US president Bill Clinton’s failure to achieve fast-track voting rights in Congress last week will impede the development of competition in Latin America.

FTC appoints new General Counsel

Premium 01 December 1997

FTC Chairman Robert Pitofsky has appointed Debra Valentine as the Commission’s first female General Counsel in its 83-year history.

European-wide impact of TV soccer rights

Premium 01 December 1997

The UK’s first test case on collective sale of exclusive rights by a major sports association has been scheduled to begin in January 1999 in the Restrictive Practices Court. BSkyB currently has exclusive live rights over Premier League football games in the UK, but Director General of Fair Trading John Bridgeman is challenging the deal on the grounds of public interest. 'This is a key case for competition in the broadcasting market, where rapid developments in technology are taking place,' he said.