Conference coverage

Failing firm defence comes down to takeover strategy, French mergers head says

The head of the French antitrust enforcer's mergers unit has said companies should not be scared of invoking the failing firm defence during merger reviews, but warned that internal documents and the manner of takeover are key to gaining approval.

02 December 2022

FTC official: Practitioners must use “best judgment” over Section 5 risks

The Federal Trade Commission should prosecute conduct far beyond what is prohibited by the Sherman Act following the recent revival of Section 5 of the FTC Act, the director of the agency’s healthcare division has said.

02 December 2022

EU can mitigate evidentiary issues from new foreign subsidy rules, official says

The head of the European Commission’s foreign subsidies taskforce has pushed back against claims the agency will have problems collecting information from non-EU countries to enforce the incoming regulation.

10 November 2022

ACCC chair queries if lack of competition proliferates social media scams

The head of Australia's antitrust watchdog has suggested that some social media platforms are not protecting users from scams because they do not fear losing their business to rivals.

10 November 2022

DOJ official: Biden Admin has made antitrust more democratic

The Biden Administration has taken “unprecedented” steps towards increasing public access to and understanding of US antitrust law, an official from the Department of Justice's antitrust division has said.

10 November 2022

“Symbiotic relationship” exists between antitrust and inequality, says former judge

Competition law can address inequality issues by ensuring corporate power does not deprive businesses of fair opportunities or leave consumers facing unnecessarily high prices, a former judge at South Africa’s Competition Appeal Court has said.

03 November 2022

Korean leniency applications directly affected by US decline, lawyer says

A widely-reported decline in US leniency applications has had a “huge impact” on the number of companies reporting cartel conduct to Korea’s Fair Trade Commission, a local lawyer has said.

02 November 2022

EU will not aggressively challenge information exchanges in dual distribution scenarios, official says

Information exchanges between a supplier and its downstream competitors are still assumed to create efficiencies, despite the recent removal of certain safeguards for such behaviour in the EU’s Vertical Block Exemption Regulation, a European Commission official has said.

01 November 2022

EU needs more cross-border consolidation, senior lawmaker says

The European Commission has been “a little bit naive” by focusing on competition within the bloc’s single market without considering what is happening “in the rest of the world”, the chair of the EU Parliament’s Committee on Economic and Monetary Affairs has said.

28 October 2022

Vestager: “We are recalibrating globalisation”

Competition policy must not lose sight of long-term financial and environmental security when responding to the current energy crisis, officials including the EU’s competition commissioner have warned.

27 October 2022

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