All Articles

US FTC rethinks consensus on antitrust

US FTC rethinks consensus on antitrust

20 June 2018

The US Federal Trade Commission plans to hold hearings this autumn on whether competition enforcement needs to adjust to broad changes in the economy, business practices, technology and as a result of international developments.

Another individual acquitted in Canadian bid-rigging case

20 June 2018

Barney Shum, one of the individuals charged as part of the Competition Bureau’s long-running investigation into a cartel that rigged bids for IT contracts, was acquitted last week after almost a decade-long criminal probe.

EU General Court rules on DG Comp dawn raids

EU General Court rules on DG Comp dawn raids

20 June 2018

A European court has partially annulled the basis for a European Commission dawn raid on Czech railway operator České dráhy, but in a separate decision upheld the legality of documents the enforcer seized during that raid, which led to a subsequent search of the same company.

Portuguese companies cancel merger after Phase II threat

Portuguese companies cancel merger after Phase II threat

20 June 2018

Portugal’s competition watchdog has closed its investigation into Altice’s planned €440 million acquisition of Media Capital a day before it was set to refer the deal to Phase II, after the parties abandoned the deal rather than offer new commitments.

Tyrie begins as new CMA chair

20 June 2018

Andrew Tyrie today began his role as chair of the UK’s Competition and Markets Authority.

UK newspaper deal cleared after government intervention

UK newspaper deal cleared after government intervention

20 June 2018

The UK government has confirmed its approval of Reach’s completed acquisition of Northern & Shell Media Group, after intervening last month because of potential public interest and competition concerns.

Engie must pay back €120 million in state aid

Engie must pay back €120 million in state aid

20 June 2018

The European Commission has ordered Luxembourg to collect €120 million in back taxes from Engie, for the energy company having avoided paying tax on 99% of the profits it earned in the country for almost a decade.

California insurance chief grills CVS and Aetna

California insurance chief grills CVS and Aetna

GCR USA - 20 June 2018

The head of California’s Department of Insurance has questioned executives from CVS Health and Aetna on the potential for their proposed merger to lead to discriminatory behaviour, and suggested that the claimed efficiencies could instead be achieved through a contract.

Judge says ex-Bumble Bee boss can’t travel

Judge says ex-Bumble Bee boss can’t travel

GCR USA - 20 June 2018

A federal judge has refused to allow the former chief executive of Bumble Bee Foods to attend his nephew’s wedding, following his indictment for allegedly conspiring to fix prices of packaged seafood.

FTC loses on pay-for-delay subpoena

FTC loses on pay-for-delay subpoena

GCR USA - 20 June 2018

A federal appeals court has rejected the Federal Trade Commission’s attempt to subpoena communications between Boehringer Ingelheim employees and the company’s general counsel about a reverse-payment settlement, holding that attorney-client privilege applies.