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US DOJ won’t limit cartel fight to “smoking gun,” official says

US DOJ won’t limit cartel fight to “smoking gun,” official says

28 March 2017

Recent court decisions referring to foreign-based cartels that “target” the US will not keep the US Department of Justice from prosecuting price fixing on a broader basis, a senior official at the DOJ’s antitrust division said today.

Ofcom fines BT for “serious breach” of contract

Ofcom fines BT for “serious breach” of contract

28 March 2017

BT is set to pay £42 million after the UK’s telecommunications regulator found the broadband network provider had abused existing contracts with its competitors to avoid payments it owed for delayed connections on lines it leases to them.

Brazil approves clearing house acquisition

Brazil approves clearing house acquisition

28 March 2017

Brazil’s competition enforcer last week conditionally approved the 12 billion reais (€3.5 billion) tie-up of stock exchange BM&FBovespa and rival clearing house Cetip.

Intel could complicate EU cartel enforcement, says Coates

Intel could complicate EU cartel enforcement, says Coates

28 March 2017

Former European Commission cartel enforcer Kevin Coates said today that if the European Court of Justice follows all aspects of the advocate-general’s opinion, Intel’s appeal against its abuse of dominance fine could affect the EU’s prosecution of international cartels.

Wright: DOJ and FTC must stop being equivocal on IP

Wright: DOJ and FTC must stop being equivocal on IP

GCR USA - 28 March 2017

The American antitrust agencies under the Trump Administration should come together and unequivocally promote the importance of intellectual property rights, former Federal Trade Commission member Joshua Wright said yesterday.

Some conferences before the other conferences: The Tipline for 28 March 2017

GCR USA - 28 March 2017

As if GCR Live Cartels and the GCR Awards today, followed by the Spring Meeting marathon, were not enough, we were out and about yesterday at two other events. We’ve got stories on Joshua Wright giving some advice to the antitrust agencies on intellectual property, and on former Department of Justice folks’ take on innovation in merger review.

DG Comp conditionally clears Dow/DuPont

DG Comp conditionally clears Dow/DuPont

27 March 2017

The European Commission today approved the $140 billion (€128 billion) merger between US agrichemical groups Dow Chemicals and DuPont, subject to the divestment of a substantial part of DuPont’s pesticides business.

DG Comp probes more tie-ups for misleading information

DG Comp probes more tie-ups for misleading information

27 March 2017

The European Commission is reviewing two to four deals cleared within the last five years to see if merging companies provided misleading information during EU merger proceedings.

Belgium fines yeast manufacturer for RPM

Belgium fines yeast manufacturer for RPM

27 March 2017

Belgium’s Competition Authority fined yeast producer Algist Bruggeman €5.5 million on Thursday for fixing the prices at which its distributors could sell fresh yeast to bakeries, marking the enforcer’s first resale price maintenance fine.

Second Circuit to decide if Uber terms are “reasonably conspicuous”

Second Circuit to decide if Uber terms are “reasonably conspicuous”

GCR USA - 27 March 2017

An appellate judge last week said he could see merit in arguments for and against compelling arbitration in an ongoing antitrust claim against Uber.

Judge Kavanaugh “struggling” with Anthem/Cigna market

Judge Kavanaugh “struggling” with Anthem/Cigna market

GCR USA - 27 March 2017

A judge hearing arguments in Anthem’s appeal against a merger block said the health insurance market’s “unusual” features make it difficult to find precedents for the government’s claim that savings from lower input costs should not be considered as antitrust efficiencies.

Shapiro: It’s tough to challenge deals’ effects on innovation

Shapiro: It’s tough to challenge deals’ effects on innovation

GCR USA - 27 March 2017

Former Department of Justice antitrust economics head Carl Shapiro yesterday said US enforcers will have a tough time challenging deals for their effects on innovation. Alex Wilts in Chicago