News

Coronavirus stifles CMA funeral services recommendations

The UK’s competition authority has warned that the nation’s funeral services industry lacks transparency when it comes to price and quality of care, but dropped a proposal to introduce price caps due to the covid-19 pandemic.

13 August 2020

Brazil fines car alarm maker for exclusivity contracts

Brazil’s antitrust watchdog has fined a manufacturer of vehicle electronic systems €1.2 million for abusing its dominance in the car alarm market.

13 August 2020

Peru gears up for new merger control regime

Peru’s government has begun a public consultation on a draft regulation clarifying how the competition watchdog will review deals under the country’s long-awaited new merger control regime.

13 August 2020

Dutch enforcer ends lengthy healthcare probe with divestments

The Netherlands’ competition authority has conditionally cleared a merger between a pair of elderly care home providers following an extensive in-depth probe, two weeks after a similar deal was abandoned over the length of the enforcer’s review.

12 August 2020

Mexico doles out more gun-jumping fines

Mexico’s antitrust enforcer has fined Santander, Coty and two investment companies for gun-jumping as it continues an aggressive enforcement campaign against improperly notified deals.

12 August 2020

South Africa recommends mandatory notification for certain forestry deals

South Africa's antitrust enforcer has said large vertically integrated forestry companies must notify all acquisitions of plantations, after completing its first-ever study to retrospectively assess the effects of past enforcement decisions.

12 August 2020

Uruguay issues guidance on merger control reform

Uruguay’s government has issued a decree clarifying the implementation of recent amendments to its merger control regime, which established a two-phase merger review process and empowered the competition watchdog to conditionally approve deals.

12 August 2020

Hong Kong accepts behavioural commitments to remedy port alliance concerns

An alliance of four port terminal operators at Hong Kong’s main container shipping facility must commit to maintaining prices and quality for certain services, the territory’s competition watchdog has decided.

12 August 2020

Ex-Citibank trader wins unfair dismissal claim but loses on rehiring plea

A UK employment tribunal has refused to reinstate a former Citibank foreign exchange trader acquitted of rigging forex rates, despite admonishing the bank for its “complete and utter failure” to follow a proper dismissal procedure.

11 August 2020

ACCC delays Google/Fitbit decision to align with EU review

Australia’s competition watchdog has postponed issuing a ruling on Google’s acquisition of Fitbit until December to align with the European Commission’s ongoing merger review.

11 August 2020

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