CMA begins first Phase II review in parallel with EU enforcer

The UK’s Competition and Markets Authority has fast-tracked its investigation into a proposed tie-up between two Finnish cargo equipment suppliers, marking the first time it has launched an in-depth review in parallel with the European Commission.

13 July 2021

EU acknowledges market definition notice may need updating

The European Commission is considering whether its 24-year-old market definition notice needs revising after an evaluation concluded that the guidance may not reflect recent developments in digital markets.

12 July 2021

UK tribunal hears competing forex claims in first-ever carriage dispute

A former inquiry chair at the UK’s antitrust watchdog and a former chairman of the country’s pensions regulator have appeared before the UK’s Competition Appeal Tribunal to argue why each of their respective proposed class actions against forex cartel members should be the one to proceed.

12 July 2021

Dutch chief economist defends limited sustainability guidance

Competition authorities can borrow from environmental economics to calculate the social benefits of environmental improvements, the chief economist at the Dutch antitrust enforcer has argued.

12 July 2021

GCR survey finds pandemic slowed antitrust probes

Global Competition Review has partnered with FTI Consulting to publish a study looking into antitrust investigations, emerging data sources and compliance during the coronavirus pandemic, finding that the shift to remote working lengthened the timing of probes.

12 July 2021

Coscelli to leave top role at UK enforcer

Andrea Coscelli will leave his position as chief executive of the UK’s Competition and Markets Authority when his term expires in July 2022.

09 July 2021

EU orders multiple divestitures in Aon/Willis Towers Watson tie-up

The European Commission has cleared Aon’s €30 billion purchase of Willis Towers Watson following an in-depth probe, conditioned on the latter selling multiple business units to rival insurance broker Arthur J Gallagher.

09 July 2021

EU unveils revised VBER

The European Commission has published its draft updated vertical block exemption regulation and related guidelines after almost three years of consultation and review.

09 July 2021

Epic wins appeal in Australia, can restart case against Apple

An appellate court in Australia has sided with Epic Games and lifted a stay on the developer’s lawsuit accusing Apple of illegally maintaining its monopoly over the distribution of apps and in-app payments on its mobile platform.

09 July 2021

The Asia-Pacific Round-up (9 July 2021)

News in brief from the Asia-Pacific region… China cranked up its tech crackdown yet again with another slate of gun-jumping decisions. Meanwhile, reports surfaced this week that Korea’s competition watchdog is investigating Broadcom just as the US-based chipmaker wrapped up a monopolisation lawsuit at home. And a pair of mergers are working their way through lengthy merger probes – one in New Zealand and another in Singapore.

08 July 2021

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