Topic: Coronavirus

Indian cartelists escape fines due to coronavirus

India’s competition watchdog has decided not to fine 10 companies that rigged bids to supply equipment to the country’s railways because of the covid-19 pandemic.

14 July 2020

CMA closes three excessive pricing probes

The UK’s Competition and Markets Authority has dropped three high-profile investigations into the suspected charging of excessive prices for hand sanitiser during the coronavirus pandemic, less than a month after launching the probes.

13 July 2020

Philippine enforcer warns against suspending enforcement powers

The Philippine Competition Commission has said that certain provisions in a bill aimed at accelerating the recovery from the covid-19 pandemic could harm its welfare-enhancing objectives and the overall state of competition.

08 July 2020

Nigeria opens excessive-pricing investigation

Nigeria’s Federal Competition and Consumer Protection Commission has opened an excessive pricing investigation into the flour market, responding to concerns from a bakery association.

07 July 2020

CMA sends warning shot to pharmacy sector

The UK’s competition watchdog and the country’s pharmacy regulator have warned pharmacies against excessively pricing essential products, just weeks after the enforcer opened a price-gouging investigation into the sector.

30 June 2020

CMA did not sufficiently consider covid-19 pandemic, says JD Sports

Sportswear retailer JD Sports has filed an appeal against a decision by the UK’s Competition and Markets Authority to block its acquisition of Footasylum, arguing that the authority failed to sufficiently consider the impact of covid-19.

24 June 2020

Vestager lays out plans for big tech in post-coronavirus world

The EU’s competition commissioner says her agency is ready to discuss with lawmakers how it can make better use of rebuttable presumptions to maintain competition in markets dominated by large technology companies.

23 June 2020

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

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