The UK’s competition watchdog has fined Sabre £20,000 for being late to provide documents that the company had not initially handed over for the US review of its takeover of rival Farelogix.
France’s Competition Authority has announced it will send officials to French overseas territories ahead of reviewing the largest-ever merger in the regions, one day after it fined Coty, Procter & Gamble and Chanel over exclusive import agreements with retailers in the same territories.
To help fend off claims in Indonesia that it engaged in discriminatory conduct, popular ride-hailing company Grab has retained the services of a lawyer named Hotman Paris Hutapea. He has acted in some of the country’s highest-profile cases, and his LinkedIn page lists international finance, bankruptcy, administrative and criminal law as his areas of expertise. With 4.1 million Instagram followers, he may be the first social media celebrity to defend an antitrust case. At times accused of unscrupulous practices in a corrupt Indonesian legal world, Hutapea was quoted in the New York Times in 2010 as saying: “If I say I’m a clean lawyer, I’ll be a hypocrite, that’s all I can say. And if other lawyers say they are clean, they will go to jail, they’ll go to hell.”
Antitrust reform proposals by one of the top candidates for the Democratic presidential nomination drew scepticism from former enforcers and other experts.
Senator Bernie Sanders is seen as having pushed the field of Democratic presidential hopefuls further to the ideological left on a range of policy issues, including healthcare and tax. Earlier this week, the senator demonstrated he would not allow competitors such as Senator Elizabeth Warren out-flank him to the left on the topic of antitrust reform. However, the antitrust experts we spoke with are sceptical of implementing the drastic proposals in Sanders’s new antitrust platform.
From 2013 to 2017, three of the divestitures that the US Federal Trade Commission ordered as remedies for otherwise anticompetitive mergers in consumer-facing markets failed in various ways. Pallavi Guniganti explores how other competition authorities have used consumer surveys to inform merger analysis in these markets.
Third-party challenges to merger decisions by Brazil’s competition authority are “a very important part of the process”, the agency’s president has said.
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.
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