News

US FTC rethinks consensus on antitrust

US FTC rethinks consensus on antitrust

20 June 2018

The US Federal Trade Commission plans to hold hearings this autumn on whether competition enforcement needs to adjust to broad changes in the economy, business practices, technology and as a result of international developments.

Another individual acquitted in Canadian bid-rigging case

20 June 2018

Barney Shum, one of the individuals charged as part of the Competition Bureau’s long-running investigation into a cartel that rigged bids for IT contracts, was acquitted last week after almost a decade-long criminal probe.

EU General Court rules on DG Comp dawn raids

EU General Court rules on DG Comp dawn raids

20 June 2018

A European court has partially annulled the basis for a European Commission dawn raid on Czech railway operator České dráhy, but in a separate decision upheld the legality of documents the enforcer seized during that raid, which led to a subsequent search of the same company.

Portuguese companies cancel merger after Phase II threat

Portuguese companies cancel merger after Phase II threat

20 June 2018

Portugal’s competition watchdog has closed its investigation into Altice’s planned €440 million acquisition of Media Capital a day before it was set to refer the deal to Phase II, after the parties abandoned the deal rather than offer new commitments.

Tyrie begins as new CMA chair

20 June 2018

Andrew Tyrie today began his role as chair of the UK’s Competition and Markets Authority.

UK newspaper deal cleared after government intervention

UK newspaper deal cleared after government intervention

20 June 2018

The UK government has confirmed its approval of Reach’s completed acquisition of Northern & Shell Media Group, after intervening last month because of potential public interest and competition concerns.

Engie must pay back €120 million in state aid

Engie must pay back €120 million in state aid

20 June 2018

The European Commission has ordered Luxembourg to collect €120 million in back taxes from Engie, for the energy company having avoided paying tax on 99% of the profits it earned in the country for almost a decade.

France and Germany team up to study algorithms

France and Germany team up to study algorithms

19 June 2018

Two of Europe’s biggest antitrust enforcers have joined together to launch a project looking into algorithms and their “potential” anticompetitive effects.

Israel tackles video game cartel

Israel tackles video game cartel

19 June 2018

Israel's Antitrust Authority has charged several video game vendors with allegedly fixing the prices of PlayStation and Xbox consoles and the FIFA 2017 video game.

Cartel decision is not confidential, ECJ rules

Cartel decision is not confidential, ECJ rules

19 June 2018

The European Court of Justice has refused to order the European Commission to refrain from publishing its power cables cartel decision while Nexans’s appeal is pending.