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During one of her first addresses as acting head of the Federal Trade Commission, Maureen Ohlhausen emphasised that one of her policy goals is to continue working with states to reduce barriers to competition. Alex Wilts at GCR Live in Miami
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Companies may have to face some uncertainty as the price of special tax treatment that “from a state aid point of view had gotten out of control”, the head of state aid at the European Commission’s Directorate-General for Competition said yesterday.
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Senior officials at the US Department of Justice’s antitrust division and the European Commission’s competition authority said yesterday that there is no substantive gap in how they review deals, but acknowledged that they enforce differently against abusive conduct.
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European Commission state aid head Gert Jan Koopman today rejected criticism that the body is turning itself into a tax enforcer, and insisted that ongoing enforcement against beneficiaries of tax rulings will continue to focus on “outlier” situations where “patently you are looking at something that is off the radar screen”. Tom Webb at GCR Live State Aid in Brussels
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A senior competition law expert at the Organisation for Economic Co-operation and Development said that antitrust authorities’ work benefits their countries politically as well as economically – but warned against the effects of excessive transparency.
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Paolo Buccirossi, founder of the Lear consultancy in Rome, said divestiture remedies attached to a 2012 supermarket tie-up in the Netherlands were “not completely effective”, as the merger negatively affected the variety of products available to consumers. Sonya Lalli in Amsterdam
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Despite the European Commission having appeared to endorse the as-efficient competitor test in a guidance paper, the agency’s deputy director-general for antitrust yesterday said the test was not required and questioned whether it was even appropriate. Pallavi Guniganti in New York
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Handing off more cases to EU member states’ competition authorities and allowing the European Commission’s Directorate-General for Competition to focus on the most serious infringements has worked well, Cecilio Madero Villarejo insisted today.
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The president of Hong Kong’s Competition Tribunal has said that economic torts may be more expeditious than follow-on actions under the jurisdiction’s private enforcement regime for litigants who seek damages for allegedly anticompetitive acts. Tom Webb in Hong Kong
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Chinese enforcers’ insistence on confessions and self-reporting are among the features that distinguish their procedures from defence rights in many other jurisdictions, practitioners explained today. Tom Webb in Hong Kong