News

Chinese telecoms company accuses Canadian government of bias in national security review

A Chinese telecommunications company has urged a Canadian court to suspend a government order that would force it to divest its entire business in the country on national security grounds.

03 December 2021

Greenberg Traurig poaches from Simmons & Simmons

Robert Hardy has left Simmons & Simmons to join Greenberg Traurig as a local partner in Amsterdam.

03 December 2021

Banks seek to spike landmark Australian cartel case before trial

An Australian judge has delayed the start of a cartel trial to give Citigroup, Deutsche Bank and several of their executives the chance to permanently dismiss allegations that they colluded to distribute bank shares.

03 December 2021

South Africa blocks chemicals merger

South Africa's antitrust authority has blocked a tie-up between the country’s sole liquid cyanide producer and a Czech-based rival, finding that the deal would harm competition through “inevitable post-merger price increases”.

03 December 2021

CMA loses mergers co-head to Fingleton

Joel Bamford is stepping down as senior director of the UK antitrust enforcer’s mergers division to join Fingleton early next year.

03 December 2021

EU ends forex cartel probe with hybrid settlement decision

The European Commission has fined UBS, Barclays, Royal Bank of Scotland, HSBC and Credit Suisse a total of €344 million as part of a hybrid settlement decision, after traders at the banks unlawfully colluded to share information about foreign-exchange deals.

02 December 2021

Sims praises Korean law that forces Apple and Google to open up app stores

Australian Competition and Consumer Commission chair Rod Sims has praised Korea for passing amendments to its telecommunications law that prohibits Google and Apple from barring third-party payment providers in their application marketplaces.

02 December 2021

Germany remedies waste disposal JV in unusual Phase I clearance

Germany’s antitrust enforcer has seemingly approved remedies in Phase I for the first time, conditionally clearing a hazardous waste disposal joint venture nearly two months after the European Commission rejected a more limited set of remedies while reviewing the same deal.

02 December 2021

Argentina raises Linde/Praxair objections three years after completion

Argentina’s antitrust watchdog has signalled its intention to impose remedies on Linde’s $83 billion purchase of Praxair due to concerns it will harm competition in more than 20 gas markets – more than three years after the deal was notified to the agency.

02 December 2021

Industrial waste merger challenges stack up in Canada

Canada’s Competition Bureau is challenging an already-completed merger between two industrial waste management companies in Western Canada, while simultaneously seeking to block another deal in the same market.

02 December 2021

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