News

Philippines competition watchdog signs MoU with government

Philippines competition watchdog signs MoU with government

18 February 2019

The Philippine Competition Commission has signed a memorandum of understanding with the country’s Department of Trade and Industry to share information and cooperate on competition law enforcement.

Pakistan recommends review of laws governing real estate sector

Pakistan recommends review of laws governing real estate sector

18 February 2019

Pakistan’s competition watchdog has asked the government to review existing laws governing the real estate industry to increase competitiveness following a sector inquiry.

Wilson touts total welfare but Pecman decries standard

Wilson touts total welfare but Pecman decries standard

18 February 2019

Staking out a position reminiscent of the Reagan administration, US Federal Trade Commission member Christine Wilson has suggested that her agency consider using a standard for antitrust enforcement that looks at efficiency rather than direct benefits to consumers.

Balmoral loses again in water tanks case

Balmoral loses again in water tanks case

15 February 2019

A water tank manufacturer’s appeal against a cartel fine was today struck down by a UK court, which said one of the appellant’s arguments was “absurd” and “not well founded”.

EU court's state aid ruling unlikely to affect Apple case, lawyers say

EU court's state aid ruling unlikely to affect Apple case, lawyers say

15 February 2019

The EU’s General Court has struck down a European Commission decision finding that Belgium granted unlawful tax relief to to at least 66 companies, but lawyers do not expect the ruling to have much of a bearing on upcoming challenges to more high-profile state aid tax cases.

Vietnam digs deeper into Grab/Uber

Vietnam digs deeper into Grab/Uber

15 February 2019

Vietnam’s Competition Council has asked investigators in the country’s separate competition authority to take a deeper look at Grab’s acquisition of Uber’s southeast Asia operations.

UK models antitrust alternatives

UK models antitrust alternatives

15 February 2019

As some US officials call for the development of competition policy by means other than antitrust enforcement, current and former members of the UK’s Competition and Markets Authority have touted market investigations as such a tool.

Korea hits concrete unions with bid-rigging penalty

Korea hits concrete unions with bid-rigging penalty

15 February 2019

Korea’s antitrust watchdog has fined three concrete producer unions nearly €11.6 million for bid rigging.

Cartelist’s right to fair hearing not infringed, ECtHR rules

Cartelist’s right to fair hearing not infringed, ECtHR rules

15 February 2019

The European Court of Human Rights has dismissed an appeal by an asphalt company that was fined for participating in a cartel, ruling that its right to a fair hearing was not infringed when a local court relied on hearsay evidence from unidentified sources.

Retailers defeat Mastercard’s limitation defence

Retailers defeat Mastercard’s limitation defence

14 February 2019

Mastercard has suffered a setback in its UK interchange fee litigation battle, as the UK’s specialist competition tribunal refused to strike out parts of damages claims the card company alleged were time barred.