Pathology Asia has offered commitments to allay concerns that its purchase and merging of pathology companies Innovative Diagnostics and Quest Laboratories will harm competition.
Lawyers have responded with caution to the EU competition commissioner’s suggestion that her agency may introduce value-based notification thresholds to capture significant deals in the digital sector.
A supplier of receipt rolls and labels has pulled out of a deal to acquire two rivals, claiming that the UK’s antitrust enforcer was going to open an in-depth review.
Even without the Department of Justice in the room, the hearing on Friday on states’ challenge to T-Mobile/Sprint displayed a concentration of antitrust minds. The litigation in Manhattan federal court now features 14 state attorneys general and counsel from eight different law firms. Judge Victor Marrero noted that the proceedings pit opposing forces of nature against each other, as Keker & Van Nest partner Paula Blizzard argued for the state plaintiffs against defence counsel Steven Sunshine at Skadden Arps Slate Meagher & Flom. Sunshine said a settlement between the merging companies and the DOJ is imminent, and that all parties should be ready to go for a 7 October trial. Blizzard said the terms of that settlement – specifically whether the agency finds a need for fourth major competitor – could put the agreed-upon schedule in flux.
Congress should play an active role in antitrust enforcement and competition policy, the chairman of the House of Representatives’ antitrust subcommittee said on Thursday.
On 1 May 2019, the significant impediment to effective competition (SIEC) test pursuant to article 2(2) and (3) of the EU Merger Regulation celebrated its 15th anniversary. While its original intention was to catch certain “gap” cases, over the course of 15 years the European Commission has expanded the use of the SIEC test significantly beyond the legislature’s original intention.
Competition to control companies is a useful aspect of private equity investment and can counter worries that shareholders who own stakes across a sector enable companies to compete less vigorously, a member of the Federal Trade Commission 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.
David Higbee, John Cove, Jessica Delbaum, Djordje Petkoski, Ryan Shores, Todd Stenerson and Mark Weiss
Tito Andrade, Maria Eugênia Novis de Oliveira and Marcos Paulo Verissimo
Fernando Carreño and Paloma Alcantra
Jesús Eloy Espinoza Lozada
Jacques Derenne and Dimitris Vallindas
Adina Claici and Elisa Pau
Connect with world leading experts at GCR Live