Topic: Coronavirus

UK expands public interest merger review powers

A new law will come into force on Tuesday, empowering the UK government to review and block foreign takeovers that would otherwise threaten its ability to deal with public health emergencies.

22 June 2020

Chile approves failing-firm defence after Phase II probe

Chile’s antitrust watchdog has approved Copec’s acquisition of a local fuel station after the companies argued that it would otherwise go out of business because of the coronavirus pandemic.

10 June 2020

Excessive pricing is evidence of dominance, UK official says

The ability to charge excessive prices during coronavirus is evidence in itself of dominance and potential abusive conduct, the chief economic advisor at the UK’s antitrust enforcer has said in praising a controversial decision by South Africa’s Competition Tribunal.

10 June 2020

EU competition official would consider merger ban

The European Commission should not rule out a temporary ban on large mergers due to the covid-19 pandemic, its chief competition economist Pierre Régibeau has said.

10 June 2020

OECD issues coronavirus enforcement guidance

The Organisation for Economic Cooperation and Development has warned enforcers that structural remedies may not be sufficient to remedy anticompetitive deals during the covid-19 pandemic and urged authorities to be “extremely quick” when dealing with collaboration guidance requests.

05 June 2020

Nigro: pandemic having significant impact on merger review

The economic impacts of the covid-19 pandemic are already factoring into how the Department of Justice is analysing mergers, a top Antitrust Division official has said.

01 June 2020

Bulgaria raids petrol association in coronavirus price-fixing probe

The Bulgarian Commission for Protection of Competition has raided the offices of an association of petroleum companies after the country’s public prosecutor warned of discrepancies between the cost of global crude oil and local fuel prices.

28 May 2020

LafargeHolcim Philippine cement deal collapses amid covid-19 delays

San Miguel’s acquisition of LafargeHolcim’s Philippine business will not proceed after the country’s competition watchdog failed to meet a deadline to clear the deal due to the covid-19 pandemic.

12 May 2020

Antitrust fears should not deter collaboration amid covid-19, lawyer says

In a national emergency where the daily death toll is in the thousands and the economy is weakening, the legal justification for joint activity is extremely high, a partner at White & Case has said.

12 May 2020

Turkey launches sprawling coronavirus-related probe

Nivea, Johnson & Johnson and Carrefour are among the 29 companies that Turkey’s Competition Authority is investigating for allegedly inflating prices during the covid-19 pandemic.

11 May 2020

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