News

Digital economy to remain a priority for China

A top official at China’s antitrust authority has said that strong competition policy is necessary to develop the digital economy for the benefit of consumers, suggesting that enforcement in the sector will remain a key priority for the agency.

17 June 2021

Health authorities should have pushed alternative medication, Servier tells UK court

Servier has kicked off its bid to convince a UK court that national health authorities should have encouraged doctors to prescribe cheaper generic drugs to mitigate their losses from its pay-for-delay settlements relating to a blood pressure medication.

17 June 2021

UK enforcer recommends adopting ‘tailored’ VBER

The UK’s Competition and Markets Authority is proposing to replace the European Union’s vertical agreements block exemption regulation with an amended UK-tailored law.

17 June 2021

The Asia-Pacific Round-up (18 June 2021)

News in brief from the Asia-Pacific region… major investigations grabbed the headlines this week with reports of Japan’s competition watchdog probing Apple and Google for their dealings with smartphone makers and China’s antitrust authority probing ride-hailing company Didi Chuxing. Meanwhile, the Australian Competition and Consumer Commission closed the book on a merger case that spanned 176 review days.

17 June 2021

Too early for further Article 22 guidance, European Commission official says

A European Commission official has said it is too early to release further guidance on how the agency will apply its new approach to reviewing deals referred from national competition authorities that fall below EU and national notification thresholds.

16 June 2021

EU blocks former bank cartelists from coronavirus bond issuances

The European Commission has banned ten banks – including Barclays and Deutsche Bank – from participating in certain bond sales to fund coronavirus recovery due to their previous cartel involvement.

16 June 2021

Spain probes four banks for tying covid-relief loans

Spain’s antitrust authority has launched an investigation into some of the country’s biggest banks for allegedly tying certain products or services with covid-19 relief loans provided to companies or freelance workers.

16 June 2021

Finnish enforcer calls for lower merger notification thresholds

Finland’s turnover thresholds for notifying mergers must be lowered to prevent harmful deals from escaping antitrust scrutiny, the country’s competition watchdog has said.

16 June 2021

Indian baseball league under fire for abuse of dominance

The Competition Commission of India has provisionally found that the Amateur Baseball Federation of India abused its dominance by telling state baseball associations not to allow their players to participate in tournaments organised by a rival non-profit group.

16 June 2021

Pakistan uncovers milk cartel

The Competition Commission of Pakistan has said that an investigation into the dairy sector has uncovered evidence that three leading trade associations conspired to fix milk prices in Karachi.

16 June 2021

Get unlimited access to all Global Competition Review content