Topic: Behavioural remedies

CMA opposition prompts auction house deal collapse

Asset management company Ritchie Bros Auctioneers has abandoned its £775 million purchase of a UK rival because there is no “realistic prospect” that the UK’s Competition and Markets Authority will approve the deal with suitable remedies.

03 May 2022

Argentina sanctions wheat flour cartel

Argentina’s antitrust authority has sanctioned three flour milling associations and the country’s largest milling company a combined €3.6 million for forming a cartel in the market for roughly three years.

11 April 2022

Delivery Hero proposes behavioural remedies in Greece

Delivery Hero has promised Greece’s Competition Commission that it will not tie its online delivery service with a restaurant reservation offering it will acquire as part of a deal to buy four companies in the grocery retail and restaurant markets.

11 April 2022

EU reaches landmark agreement on DMA

The European Parliament and European Council have reached a historic political agreement on the Digital Markets Act, which will impose sweeping new rules and obligations on the world’s biggest technology companies as soon as October.

25 March 2022

South Africa blocks paper recycling deal

South Africa’s Competition Commission has blocked paper recycling and packaging manufacturer Corruseal’s proposed purchase of rival Neopak, after rejecting proposed behavioural remedies as well as public interest considerations.

23 March 2022

Philippines orders Grab to pay unclaimed refunds after commitment breach

The Philippine Competition Commission has ordered ride-hailing company Grab to “immediately release” nearly €333,000 in unclaimed refunds to its passengers, which stemmed from penalties for failure to abide by commitments following its merger with Uber.

21 March 2022

Japan accepts commitments from to remove MFNs

Japan’s Fair Trade Commission has closed a probe into after the online platform agreed to stop forcing accommodation providers to offer it equivalent or more favourable rates than they offer its rivals.

17 March 2022

Greece punishes elevator association for wage-fixing

Greece’s antitrust authority has imposed behavioural remedies on an elevator maintenance and installation trade association for setting minimum wages, six weeks after fining another association in the sector for the same conduct.

07 March 2022

Austrian enforcer seeks to unwind Facebook/Giphy

Austria’s Federal Competition Authority is seeking to annul a decision from the country’s Cartel Court to conditionally approve Facebook’s already-completed €340 million acquisition of Giphy, accusing the court of “substantive and procedural errors”.

04 March 2022

Dutch hospital tie-up collapses amid antitrust scrutiny

Two hospitals have withdrawn their proposed merger in the midst of the Dutch competition authority’s in-depth review into the transaction, after the enforcer informed the parties of its provisional Phase II decision.

02 March 2022

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