Deals

South Africa blocks airline merger

South Africa blocks airline merger

23 February 2018

SA Airlink plans to ask for reconsideration of the block on its attempted acquisition of smaller rival airline Safair, which South Africa’s competition watchdog has said could reduce competition in the airline market.

South Africa clears deals for alleged cartelists

South Africa clears deals for alleged cartelists

22 February 2018

The Competition Tribunal of South Africa has approved three construction companies' mergers with black-owned businesses as part of a settlement of cartel accusations against the companies – but conditioned on the companies safeguarding against the exchange of competitively sensitive information.

Fox proposes new remedies for Sky takeover

Fox proposes new remedies for Sky takeover

20 February 2018

21st Century Fox has offered a new set of remedies to the UK’s Competition and Markets Authority in response to the enforcer’s provisional finding last month that Fox’s takeover of Sky would not be in the public interest.

Philippines enforcer divided on gun-jumping decision

Philippines enforcer divided on gun-jumping decision

20 February 2018

In its first gun-jumping case, the Philippine Competition Commission has voided a deal because the companies failed to notify it to the authority – in a decision that split the enforcer's commissioners three to one.

DG Comp takes Praxair/Linde to Phase II

DG Comp takes Praxair/Linde to Phase II

16 February 2018

The European Commission has launched an in-depth investigation into the proposed tie-up of two of the world’s four largest gas suppliers, following concerns that the deal could lead to higher prices and reduce choice for consumers and businesses.

KPMG acquires economic consultancy

KPMG acquires economic consultancy

15 February 2018

KPMG France has acquired French economic consultancy MAPP.

Bayer sues Russian enforcer over Monsanto deal conditions

Bayer sues Russian enforcer over Monsanto deal conditions

14 February 2018

Bayer has sued Russia’s Federal Antimonopoly Service for ordering the company to share its intellectual property with Russia’s agricultural sector as a condition for clearance of Bayer/Monsanto.

Fox/Sky offer commitments to CMA

Fox/Sky offer commitments to CMA

13 February 2018

21st Century Fox has offered to ensure Sky News’ structural and editorial independence to quell the UK competition enforcer’s media plurality concerns, but all sides agree that Disney’s pending purchase of Fox could render such commitments unnecessary.

Qualcomm: Broadcom’s offer presents serious antitrust risk

Qualcomm: Broadcom’s offer presents serious antitrust risk

12 February 2018

Qualcomm has fired back at Latham & Watkins partner Daniel Wall’s claims that a Broadcom purchase of the chipmaker would pass antitrust muster, insisting that the deal presents substantial antitrust risks that fall disproportionately on Qualcomm.

Bayer/Monsanto pushes forward in Brazil

Bayer/Monsanto pushes forward in Brazil

08 February 2018

Brazil’s competition enforcer has cleared Bayer’s $66 billion takeover of Monsanto on condition that Bayer divests key business areas and that the merged agricultural company continues licensing products to third parties – even as critics in the US and EU urge that the deal be blocked.