The Competition Commission of India has conditionally cleared Schneider Electric India’s acquisition of Larsen & Toubro’s electrical and automation business subject to behavioural remedies.
Russia’s competition authority has raised concerns that technical restrictions imposed by passenger transportation apps such as Uber could be harming competition, because drivers cannot use more than one app at the same time.
New Zealand’s antitrust watchdog has cleared Knauf’s €6.2 billion acquisition of USG after the companies agreed to divest the seller’s operations in New Zealand.
While much of the US media was focused on reports that Facebook is facing a looming 10-digit fine from the Federal Trade Commission’s consumer protection branch, the agency’s Bureau of Competition unsealed a lawsuit against an e-prescription services company yesterday. The complaint includes allegations that touch on an interesting mixture of antitrust topics: a two-sided market, loyalty contracts, non-compete agreements and competitive threats.
Health information company Surescripts has illegally maintained a monopoly for electronic prescription services through a series of loyalty and non-compete contracts, the Federal Trade Commission alleged in a complaint that was unsealed yesterday.
At the end of 2018, the European Commission approved two mergers at Phase I that the companies had notified to the enforcer several months earlier – but had then withdrawn and re-filed. Observers say the tactic, a standard option in US merger practice, is becoming more common in the EU to avoid costly Phase II reviews.
Monitoring behavioural commitments is proving to be harder than expected, an official at the Philippine Competition 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.
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