Uber has appealed against a fine handed down by the Competition and Consumer Commission of Singapore relating to the acquisition of its southeast Asian business by rival Grab, but the latter has decided not to join that challenge.
The Philippine Competition Commission has fined Grab and Uber approximately €258,000 for violating interim measures that required the companies to maintain business independence while the enforcer investigated their merger.
New Zealand’s Commerce Commission has opened an investigation into the acquisition of a majority stake in the country’s only wool-scouring company by the owner of the country’s only wool-dumping company – after the companies failed to notify the deal.
A scholar of currency exchange, testifying on behalf of three traders accused of coordinating bids to manipulate foreign exchange rates, has said that the Department of Justice’s evidence focused on too narrow a market.
The overturning of class certification for indirect purchasers of Asacol may reshape how some class actions are formed, as a defence strategy of aggressive discovery on plaintiffs bore fruit in a successful appeal.
Proposed amendments to the Competition Commission of India’s merger control regulations again raise the issue of its jurisdiction over non-controlling minority shareholding acquisitions. Arshad (Paku) Khan and Anisha Chand of Khaitan & Co discuss the possibility that it might not.
Agencies reviewing deals should understand consumer welfare to be broader than static prices, Tommaso Valletti has said, as his own office looks at whether merger overlaps are fully remedied by divestitures. Pallavi Guniganti in Brussels
After more than three decades of working at the Competition Bureau of Canada as an economist, John Pecman stepped down last week as the Commissioner of Competition. He spoke with Pallavi Guniganti alongside McMillan partner James B Musgrove, who provided the private practitioner perspective, last month.
David Higbee, John Cove, Jessica Delbaum, Djordje Petkoski, Ryan Shores, Todd Stenerson and Mark Weiss
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Fernando Carreño and Paloma Alcantra
Jesús Eloy Espinoza Lozada
Jacques Derenne and Dimitris Vallindas
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