Australia’s Competition Tribunal has cleared betting company Tabcorp’s A$7.7 billion (€4.92 billion) of rival Tatts for a second time, after an appeals court ordered it to reconsider its first authorisation decision.
After decades of the US Department of Justice’s allowing companies that do not compete to merge with few obstacles, antitrust observers are skeptical that litigation to block AT&T’s acquisition of Time Warner will pave the way for stricter vertical merger enforcement.
Chile’s competition tribunal has thrown out a consumer association’s lawsuit that claimed a supermarket chain had failed to notify a merger, and breached conditions imposed on a previous deal when it acquired a 30-year shopping centre lease.
The Department of Justice sued yesterday to block AT&T’s proposed acquisition of Time Warner, predicting that the world’s biggest telecommunications company would “use its control of Time Warner’s popular programming as a weapon to harm competition”.
GCR USA is taking a break for Thanksgiving, but we will be back in your inbox next Tuesday to catch you up on everything that happened over the holiday. Before we go, check out our coverage of the Department of Justice’s lawsuit to stop the merger between AT&T and Time Warner, as well as Bill Baer’s regrets about airline mergers.
The European Court of Justice has decided a long-standing technical question with highly practical implications. Michael Reiss at Macfarlanes explores the judgment and its consequences.
The chief of the US Department of Justice's Antitrust Division has said the agency will return to structural relief to remedy anticompetitive mergers, rather than applying the behavioural remedies that were used under the previous administration.
Canada’s Competition Bureau announced yesterday that Jeanne Pratt would replace Lisa Campbell as senior deputy commissioner of the mergers branch, effective 16 January.
Claudio Donato Monge and Marco López Volio
Daniel Pino Arroba and Paulette Ocampo
Alejandra Palacios Prieto
Paloma Alcántara and Fernando Carreño
Davit Akman, Ian Macdonald and François Baril
Gowling Lafleur Henderson LLP
Satyen Dhana, Christine Graham and Jacqueline Vallat
CMS Cameron McKenna (London)