News

Economic Insight opens UK class actions practice

Economic Insight has launched a new collective and class actions practice in London, which the consultancy says is an extension of its established competition practice.

06 July 2021

China to block Tencent’s merger of video game streaming sites

China’s competition authority will reportedly block Tencent’s proposal to merge the country’s two largest video game streaming sites.

06 July 2021

Russia looks to double thresholds for mergers and dominance

Russia’s competition watchdog has proposed doubling the threshold for mergers requiring antitrust approval and the level of annual revenue for a company to be considered dominant.

06 July 2021

Korea probes e-commerce company over search manipulation

Korea’s competition watchdog has reportedly launched an investigation into the country’s largest online marketplace to determine whether it illegally favours its own private label products in search results.

05 July 2021

Dutch enforcer ends payment apps probe over legal barriers

The Dutch antitrust watchdog has closed an investigation into payment applications on smartphones, lamenting that it is unable to remedy its competition concerns under EU regulation.

05 July 2021

CMA plans to increase fines in updated penalty guidance

The UK’s Competition and Markets Authority is consulting on proposed changes to its penalty guidance, with a view to increasing fines to ensure deterrence as the agency investigates larger companies.

05 July 2021

EU sends Finnish cargo merger to Phase II

The European Commission has opened an in-depth investigation into the combination of two Finnish cargo equipment suppliers, citing concerns that the deal may reduce competition in the supply of certain container and cargo handling equipment in Europe.

05 July 2021

Spanish judge voids Super League sanctions

A Spanish judge has accused UEFA and two national football leagues of violating a preliminary injunction and ordered them to annul all sanctions against clubs that agreed to join the proposed European Super League.

05 July 2021

Broadcom settles US monopolisation complaint

The US Federal Trade Commission has sued and subsequently settled claims that Broadcom illegally monopolised markets for certain computer chips through exclusive contracts and coercive conduct.

02 July 2021

CAT trims Mastercard’s counterfactual arguments in UK interchange fee claim

The UK’s specialist tribunal has limited Mastercard’s arguments around what the competitive scenario would have been absent its anticompetitive multilateral interchange fee scheme, as the credit card company attempts to limit damages to a group of UK retailers.

02 July 2021

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