The UK’s antitrust enforcer has said it will ask the European Commission for permission to review the proposed merger between Virgin Media and O2 as the deal will only impact UK customers.
A UK court has disqualified a former estate agent director for failing to prevent a price-fixing conspiracy, in the first contested case of its kind.
Chile’s competition tribunal has upheld a recommendation by the country’s antitrust watchdog to fine the national football association for charging anticompetitive fees to teams that win promotion to its second highest division.
Singapore’s competition watchdog is concerned that London Stock Exchange Group’s proposed $27 billion acquisition of Refinitiv could cause the merged company to provide foreign exchange benchmarks on unfair terms to rivals.
It’s not clear where he is heading, but Brent Snyder has decided to step down at the end of his first term as the chief executive at Hong Kong’s Competition Commission. He joined the agency just years after the country implemented a competition law and by all accounts has put it on track for future success. Time will tell who his replacement will be – he even agreed to stay on for an extra six months to make the transition smooth – and practitioners hope they will be as or more ambitious in driving the territory’s competition regime forward. We have a lot more reaction to his departure, as well as the Australian Competition and Consumer Commission’s latest court efforts and a story on parallel price increases in Indonesia.
A UK judge has ordered insolvent mobile phone retailer Phones 4U to hand over documents relating to its collapse to Vodafone, O2 and EE, as the telecoms companies defend themselves against allegations of collusion.
The federal antitrust agencies’ new vertical merger guidelines are unlikely to improve enforcement, the top democrat on the senate antitrust subcommittee has said.
GCR USA would like to wish you a happy Fourth of July this weekend. For those in the nation’s capital, the Department of the Interior will put on its annual fireworks show – visible throughout the district – and Air Force and Navy flight teams will celebrate with flyovers. We are off tomorrow for the holiday but back in your inbox on Monday morning.
The European Court of Justice in January provided some long-awaited clarity on how competition enforcers and national courts assess the anticompetitive nature of pay-for-delay agreements. Emily Craig examines how the court’s preliminary ruling in the Paroxetine case will affect other eagerly anticipated rulings and the future of pay-for-delay agreements.
The ability to charge excessive prices during coronavirus is evidence in itself of dominance and potential abusive conduct, the chief economic adviser at the UK’s antitrust enforcer has said in praising a controversial decision by South Africa’s Competition Tribunal.
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