News

Brazil conditionally clears Takeda drug portfolio purchase

Brazil’s competition authority has greenlit local drugmaker Hypera Pharma’s bid to purchase a portfolio of medications from Takeda Pharmaceutical after the company offered a “fix-it-first” structural remedy.

22 January 2021

Novartis and Roche ordered to pay €30.9 million cartel fine

The Turkish Competition Authority has become the latest enforcer to fine pharmaceutical companies Novartis and Roche for colluding to exaggerate a drug's potential side effects to encourage users to purchase a more expensive one.

22 January 2021

EU’s highest court warns of underenforcement due to limitation periods

National competition regimes that do not pause the statute of limitations while an antitrust authority conducts an investigation may present a “systemic risk” that anticompetitive conduct goes unpunished, the European Court of Justice has said.

22 January 2021

One week left for GCR award nominations

There is only one week left for readers to send in their nominations for Global Competition Review’s 11th annual awards.

22 January 2021

Epic Games seeks jurisdiction in Apple and Google dispute

The UK's Competition Appeal Tribunal should permit Epic Games to serve its claims against Apple and Google’s US-based entities because the developer has suffered “significant damage” in the UK due to their conduct, counsel to Epic has argued.

21 January 2021

EU enforcer made to pay compound interest on annulled cartel fines

The European Court of Justice has clarified what default interest the European Commission has to pay when refunding cartel fines annulled by the EU courts.

21 January 2021

Consultancies hire ex-agency economists in Brussels and DC

Cyril Hariton has left the European Commission’s Directorate-General for Competition to join Positive Competition in Brussels, while Economists Incorporated has poached former US Department of Justice economist Keith Waehrer from Bates White in Washington, DC.

21 January 2021

Ireland consults on competition law changes

Ireland’s government has proposed a suite of new reforms that would empower the country’s antitrust enforcer to bring gun-jumping cases and unwind already-competed deals that fall below merger notification thresholds.

21 January 2021

New payment sector regulations proposed in China

China’s central bank has proposed new regulations to protect competition in the digital payments market as part of the country’s ongoing effort to rein in major homegrown technology companies.

21 January 2021

Singapore’s appeal board slashes record fines

Singapore’s Competition Appeal Board has reduced record fines levied against several chicken producers after finding that the country’s competition watchdog failed to prove that they agreed to share the market.

21 January 2021

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