Community News

Commission clears mobile JV in Lithuania

Premium 01 October 1998

Using similar reasoning, the Commission also authorised Telia AB and Sonera Cy to acquire, through their joint venture Amber Mobile Teleholding AB, joint control over UAB Omnitel, a Lithuanian mobile telephone operator, together with Motorola Lithuania Telecom Inc.

Winners emerge in Brazil telecoms auction

Premium 01 October 1998

Three international operators dominated the auction for segments of the broken-up Brazilian telecoms operator Telebras.

Archer Daniels executives convicted

Premium 01 October 1998

Three former executives of Archer Daniels Midland have been found guilty of engaging in an international conspiracy to fix the prices of lysine, an animal feed additive.

France blocks Coke's Orangina bid

Premium 01 October 1998

The French government has blocked the Coca-Cola Company’s planned US$840m acquisition of the French orange drink brand Orangina, a division of Pernod-Ricard SA.

EU extends AHP/ Monsanto deadline

Premium 01 October 1998

The European Commission has extended by two weeks its deadline for its initial review of the proposed US$35 billion merger between American Home Products and Monsanto.

Mandelson blocks Ladbroke/ Coral

Premium 01 October 1998

Britain’s new trade secretary, Peter Mandelson, has upheld a decision by the Monopolies and Mergers Commission to block the US$610m acquisition by Ladbroke of the Coral betting chain.

EU imposes record fines on shipping lines

Premium 01 October 1998

The European Commission has imposed record fines totalling nearly US$300 million on 15 north Atlantic shipping lines.

Court victory for Microsoft

Premium 01 August 1998

A month after the DoJ launched a broad antitrust suit against Microsoft, a Washington appeals court accepted Microsoft’s argument that bundling its browser software into Widows constituted a technological improvement for consumers - a decision that opened the way for a subdued retail launch of Windows 98.

Beckett, not Block-It

Premium 01 August 1998

UK Trade and Industry Secretary Margaret Beckett has dismissed criticism of her perceived ‘anti-merger’ approach to competition policy as 'confused and simplistic'.

Commission approves United/ Lufthansa alliance

Premium 01 August 1998

The Commission also approved the alliance between United, Lufthansa and SAS, which has been operating since 1996 as the Star Alliance and has already won regulatory approval in the US.