A New Zealand court has fined one of the country’s largest natural gas pipeline operators for trying to block a rival, then buying it without seeking approval from the competition authority.
Internal company documents played an important role in the European Commission’s decision to approve T-Mobile's acquisition of Tele2, because they helped the enforcer to better assess what the future market looked like, an economist at the agency has said.
The UK's antitrust enforcer has dealt a major blow to the proposed merger between UK retailers Sainsbury’s and Asda, warning that the potential competitive harm is unlikely to be fixable by remedies.
Settlements involving brand-name drugmakers seeking to delay entry of generic competition would be presumed to be anticompetitive in California under a new bill introduced Wednesday.
The city of Philadelphia has accused seven major banks of colluding to manipulate rates for a type of tax-exempt bond widely used by public entities such as municipalities, schools and hospitals, allegedly resulting in billions of dollars in inflated interest rates.
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approved two mergers at Phase I that the companies had notified to the enforcer several months earlier – but had then withdrawn and re-filed.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.
In laying out how the US Department of Justice assesses vertical mergers, the assistant attorney general for antitrust on Friday affirmed the generally procompetitive nature of such deals while insisting on their potential for harm.
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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