Topic: Legislation and guidance

China gives tech companies one month to fall in line

China’s competition watchdog has given technology companies one month to conduct a comprehensive self-inspection, completely rectify any anticompetitive practices and publicly pledge to comply with the country’s antitrust rules.

14 April 2021

New Zealand’s criminal cartel regime goes live

New Zealand has launched its long-awaited criminal cartel regime, meaning that price-fixing, market allocation and bid-rigging can now be punished with a jail sentence of up to seven years.

08 April 2021

Russia can’t block taxi deal despite competition concerns

Ride-sharing joint venture Yandex Taxi’s proposed acquisition of certain assets from Russia’s largest taxi company raises competition concerns but falls below the threshold requiring antitrust approval, the country’s competition watchdog has said.

30 March 2021

FTC “dusting off” old tools as SCOTUS reviews disgorgement authority, Slaughter says

Rebecca Kelly Slaughter has said the agency is already “dusting off tools that we haven’t used for a long time” – such as its ability to impose civil fines – in case the Supreme Court rules that the agency cannot seek monetary relief for consumers.

29 March 2021

Slaughter launches FTC rulemaking group

The Federal Trade Commission is forming a new group intended to “activate” its competition rulemaking authority, acting chair Rebecca Kelly Slaughter has said.

26 March 2021

FTC official: New vertical merger guidelines “a giant step forward” despite criticism

Despite diverging views on the antitrust agencies’ new vertical merger guidelines, they “are a giant step forward from the prior guidance” issued in 1984 and will remain in effect until they are rescinded or replaced, a Federal Trade Commission official has said.

26 March 2021

Key Republican opposes creation of digital markets regulator

Ken Buck, the ranking Republican on the House of Representatives’ antitrust subcommittee, has said conservatives’ “biggest fear” as Congress considers reforming antitrust laws is that a “mega-agency” will be created to oversee digital platforms.

26 March 2021

Wilson: Qualcomm case should not lay foundation for removing FTC’s antitrust authority

Federal Trade Commission member Christine Wilson has said the circumstances around the agency’s Qualcomm case are “incredibly unique” and the matter should not form the basis for changing the structure of US antitrust enforcement.

22 March 2021

Slaughter: Clearer bright-line rules “would absolutely prevent more mergers”

Rebecca Kelly Slaughter has expressed support for Congress adopting clearer standards for merger enforcement as members of the US House of Representatives’ antitrust subcommittee consider how to curb the power of dominant technology companies.

19 March 2021

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