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Hungary exempts media deal from antitrust scrutiny

Hungary exempts media deal from antitrust scrutiny

07 December 2018

Hungary’s competition enforcer will not review the merger of several media companies, because the government has decreed the deal to be in the public interest.

Brazil probes Petrobras’s market power

Brazil probes Petrobras’s market power

07 December 2018

Brazil’s competition authority has initiated an assessment of state-controlled petroleum company Petrobras’s dominant position in the country’s oil refinery market, after an economic study found the company controls a 98% stake.

EU clears ceiling tile deal conditionally after pull-and-refile

EU clears ceiling tile deal conditionally after pull-and-refile

07 December 2018

The European Commission has accepted German building materials maker Knauf’s acquisition of ceiling and wall tile producer Armstrong’s business outside the Americas, subject to the divestment of parts of Armstrong’s European assets.

EU imposes commitments on TenneT

EU imposes commitments on TenneT

07 December 2018

The European Commission has imposed legally binding commitments on TenneT that will increase electricity supply between Germany and Denmark, after investigating the grid operator for abuse of dominance.

Antitrust enforcement in the new economy needs global cooperation, Russian chief says

Antitrust enforcement in the new economy needs global cooperation, Russian chief says

07 December 2018

Competition authorities need to collaborate to tackle antitrust issues that arise in the borderless global digital economy, the head of Russia’s Federal Antimonopoly Service has said.

Judge pushes DOJ on efficiencies and arbitration

Judge pushes DOJ on efficiencies and arbitration

GCR USA - 07 December 2018

Two judges who will decide the Department of Justice’s bid to undo the AT&T/Time Warner merger have indicated that they did not see a “clear error” in the lower court’s ruling to allow the deal, while a third has pressed the government to explain arguments missing from its brief.

Phillips doubts threat from common ownership

Phillips doubts threat from common ownership

GCR USA - 07 December 2018

Federal Trade Commission member Noah Phillips questioned on Thursday whether common ownership of companies in the same industry threatened competition and warranted scrutiny from antitrust enforcers.

Call me sceptical: The Tipline for 7 December 2018

GCR USA - 07 December 2018

The Department of Justice faced a healthy dose of scepticism yesterday from a panel of judges hearing its appeal against the AT&T/Time Warner decision. We also have coverage of remarks by Federal Trade Commission member Noah Phillips indicating that he is unlikely to ask the agency to take on a major common ownership case anytime soon. Other news includes former FTC commissioner Maureen Ohlhausen moving to Baker Botts and the owner of the New York Knicks being fined for missed antitrust filings.

AT&T gets receptive hearing against US DOJ appeal

AT&T gets receptive hearing against US DOJ appeal

06 December 2018

Two of the three judges hearing the US government’s arguments against the AT&T/Time Warner merger indicated that they did not see a “clear error” in the lower court’s ruling to allow the deal.

Ohlhausen joins Baker Botts

Ohlhausen joins Baker Botts

06 December 2018

Former Federal Trade Commission acting chairman Maureen Ohlhausen is joining Baker Botts in Washington, DC, as co-chair of the global antitrust practice.