Six pharmaceutical companies have questioned the UK Competition and Markets Authority’s framework for analysing pay-for-delay settlements, as the European Commission defended its national counterpart before the European Court of Justice.
Portugal’s Competition Authority has ordered the largest energy producer in the country to pay a €48 million fine for abuse of dominance.
The UK’s incumbent postal company and a parcel delivery reseller have admitted to participating in an anticompetitive customer-sharing agreement.
The US Federal Trade Commission is considering updating its Horizontal Merger Guidelines to address nascent competition in the digital economy, an official in the agency’s international division has said. Charles McConnell in Moscow
China sent a sizeable delegation this year to the BRICS competition conference, where representatives from the country’s State Administration for Market Regulation provided a window into how it views the food, pharmaceutical, automobile and digital markets. The main theme of the conference was increasing the cooperation of Brazil, Russia, India, China and South Africa, including in tackling competition issues presented by globalisation and the technology revolution – Russia’s antitrust agency has called it the Fourth Industrial Revolution.
BRICS competition authorities have released a digital economy report that questions the capabilities of current competition enforcement and calls for increased cooperation between the authorities.
The Federal Trade Commission’s unfair competition lawsuit against Surescripts resembles the Department of Justice’s case against Microsoft more than that against American Express, Sarah Oxenham Allen has said.
The Federal Trade Commission and Department of Justice should enforce antitrust laws to improve competition in labour markets, Commissioner Rohit Chopra has said in a letter to the DOJ’s antitrust division.
“Break up Big Tech” has become a rallying cry on both ends of the political spectrum, as people around the world worry about dominant technology companies’ ability to buy up potential rivals and extend their reach into other areas of business. Pallavi Guniganti considers whether firewalls – separating business units operationally while keeping them under the same corporate umbrella – could address some of these competition concerns.
Restoring effective competition to where it would have been in the absence of wrongful state aid “is never going to happen,” a European Commission official has said.
Margrethe Vestager has been given a second term as EU competition commissioner and tasked with heading the bloc’s digital policy, in a move lawyers have called “unprecedented” and “exceptional”.
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