News

Finnish court amends bus cartel fines

Finnish court amends bus cartel fines

21 August 2019

A Finnish court has fined members of a bus cartel €8.9 million, significantly reducing the competition authority’s proposed €38 million fine.

Canada orders Thoma Bravo/Aucerna divestiture

Canada orders Thoma Bravo/Aucerna divestiture

21 August 2019

Thoma Bravo has agreed to sell one of its oil reserves software programmes after Canada’s competition authority challenged its tie-up with technology company Aucerna.

Korean rival to Netflix clear to stream, KFTC says

Korean rival to Netflix clear to stream, KFTC says

21 August 2019

Korea’s antitrust watchdog has conditionally approved a merger between two over-the-top video services, which will combine forces and launch a new platform next month to compete with industry giants such as Netflix.

Taiwan pulls the plug on karaoke merger

Taiwan pulls the plug on karaoke merger

21 August 2019

Taiwan’s competition watchdog has blocked a merger between two prominent karaoke companies for the fourth time since 2007.

EU sets sights on Facebook’s Libra

EU sets sights on Facebook’s Libra

21 August 2019

The European Commission is reportedly scrutinising Facebook’s cryptocurrency Libra for anticompetitive conduct before it has even launched, in a review that one commentator has called a “clash of technological elites against political ones”.

Tribunal slaps down Robben Island price-fixing case

Tribunal slaps down Robben Island price-fixing case

20 August 2019

South Africa’s antitrust enforcer failed to prove that two ferry companies fixed prices on boat trips to the historic Robben Island, the country’s specialist tribunal has ruled – despite guilty pleas by three other operators.

Turkey probes Unilever exclusivity agreements

Turkey probes Unilever exclusivity agreements

20 August 2019

Turkey’s Competition Authority is investigating Unilever for allegedly entering into exclusivity arrangements to prevent its distributors from selling competing ice cream products.

Consumers paying too much for fuel, New Zealand competition watchdog finds

Consumers paying too much for fuel, New Zealand competition watchdog finds

20 August 2019

New Zealand’s retail fuel market is not as competitive as it could be and consumers are paying the price, the country’s antitrust watchdog has found through its first-ever market study.

German minister grants rare ‘Phase III’ deal approval

German minister grants rare ‘Phase III’ deal approval

19 August 2019

A German minister has exercised his power to override the competition authority’s block on a bearings joint venture, by approving the deal on environmental grounds.

Austrian enforcer appeals dismissal of sugar cartel fines

Austrian enforcer appeals dismissal of sugar cartel fines

19 August 2019

Austria’s competition authority has appealed against a ruling that dismissed its proposed fine on sugar cartelists because they had already been fined for the conduct in Germany.