News

Drugmakers oppose expert “hot tubbing” in UK excessive pricing trial

Two drugmakers seeking to overturn nearly £70 million in excessive pricing penalties have urged the UK's Competition Appeal Tribunal not to compel concurrent expert evidence.

20 September 2023

UK tribunal backs CMA in “extremely serious” excessive pricing case

The UK’s antitrust authority rightly fined Auden McKenzie and Actavis UK for inflating the price of hydrocortisone by over 10,000% but was wrong to sanction another company as part of its decision, the Competition Appeal Tribunal has ruled.

19 September 2023

Ireland names new competition chief

The recently confirmed head of Ireland’s Competition and Consumer Protection Commission has vowed to use new enforcement powers to open more antitrust investigations and develop a bigger agency profile on the international stage.

19 September 2023

EU raids cardiovascular devices company

The European Commission has raided an unnamed company in the cardiovascular medical devices market as part of a preliminary abuse of dominance probe.

19 September 2023

Google says EU failed to show treatment of rivals was abusive

The “whole point” of competition is for companies to differentiate themselves from rivals so a finding that treating competitors differently is in itself abusive could undermine competition and innovation, Google has argued.

19 September 2023

Spain reviewing Saudi stake in Telefónica

The Spanish government is reviewing the national security implications of state-owned Saudi Telecom becoming the largest shareholder in Telefónica through the acquisition of a 9.9% stake in the company.

19 September 2023

Google reticent on market definition in Epic Games and class action lawsuits

Google has told an Australian court that defining a relevant market in defence of two lawsuits alleging it illegally monopolises application distribution and in-app payment systems is “a little difficult to do”.

19 September 2023

French enforcer orders commitments in gambling deal

France's national lottery operator has won approval to acquire betting company ZEturf after remedying concerns about conglomerate effects raised by the country’s competition watchdog.

18 September 2023

Bosch raided in Italy, Germany and the Netherlands over interoperability concerns

Competition agencies across Europe have raided Bosch based on concerns it may have abused its dominance by excluding its only rival in a nascent market.

18 September 2023

CMA sets out key principles to protect competition in AI markets

A major push at home and abroad is needed to further develop new guiding principles published today that intend to govern artificial intelligence models, the UK’s Competition and Markets Authority has said.

18 September 2023

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