Steel producer ThyssenKrupp has turned to the EU General Court to challenge the European Commission’s decision to block its proposed joint venture with Tata Steel.
Korea’s antitrust watchdog has conditionally approved a merger between two over-the-top video services, which will combine forces and launch a new platform next month to compete with industry giants such as Netflix.
Taiwan’s competition watchdog has blocked a merger between two prominent karaoke companies for the fourth time since 2007.
A federal judge has thrown out a $44 million antitrust judgment against cigar maker Swisher after an indictment was unsealed in which an executive at the plaintiff company admitted it had fraudulently avoided excise taxes.
Cigarillo brand Swisher, known for its Swisher Sweets, received bad news in February when the US Court of Appeals for the Ninth Circuit reinstated a $44 million judgment against it, but the company’s fortunes turned early this week. Judge James Selna ruled on Monday that plaintiff Trendsettah’s failure to disclose information about its tax evasion affected its damages analysis and constituted fraud on the court, so he tossed the verdict. We have details on that case, plus an update in class certification in pay-for-delay litigation regarding an ADHD medication, and a new antitrust consent decree drawing interest. Monday is the UK’s summer bank holiday, so we will be back in your inbox Tuesday morning.
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 authorities’ merger analysis should include longer-term developments such as innovation and potential market entrants, the head of the Netherlands’ antitrust enforcer has said. Janith Aranze at GCR Live 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
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