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General Court cuts Infineon smart card chips fine

General Court cuts Infineon smart card chips fine

08 July 2020

The European General Court has reduced a European Commission cartel fine on semiconductor manufacturer Infineon by €5.9 million, finding that the enforcer did not take sufficient account of the company’s limited involvement in the conspiracy.

EU receives mixed reviews on gatekeeper regulation

EU receives mixed reviews on gatekeeper regulation

08 July 2020

Google and Facebook have recommended that the European Commission adopt a case-by-case approach when intervening in digital markets, while companies including Microsoft and Yelp have argued for a blanket ban on certain conduct.

Philippine enforcer warns against suspending enforcement powers

Philippine enforcer warns against suspending enforcement powers

08 July 2020

The Philippine Competition Commission has said that certain provisions in a bill aimed at accelerating the recovery from the covid-19 pandemic could harm its welfare-enhancing objectives and the overall state of competition.

Axinn, Wilson Sonsini and Simpson Thacher lead for Sunrun/Vivint

Axinn, Wilson Sonsini and Simpson Thacher lead for Sunrun/Vivint

GCR USA - 08 July 2020

Sunrun has tapped Axinn Veltrop & Harkrider to handle antitrust guidance for its purchase of home solar energy rival Vivint, which has turned to Wilson Sonsini Goodrich & Rosati and Simpson Thacher & Bartlett.

Big tech, big hearing: The Tipline for 8 July 2020

GCR USA - 08 July 2020

The top executives at four of the world’s five largest companies will testify before the House of Representatives antitrust subcommittee later this month. House judiciary committee chair Jerrold Nadler and antitrust subcommittee chair David Cicilline said the testimony of chief executives at Amazon, Apple, Facebook and Google is critical to the House’s investigation of potential antitrust violations by large technology companies. The executives may be able to testify on their home turf, as the subcommittee said that current House rules allow for virtual testimony. We have more on the hearing in today’s Tipline, plus a merger of two residential solar companies to challenge Tesla.

Ukraine votes to oust competition head

Ukraine votes to oust competition head

07 July 2020

Ukraine’s parliament has voted to remove the leader of its competition authority, despite the chair reportedly trying to withdraw his earlier letter of resignation.

Nigeria opens excessive-pricing investigation

Nigeria opens excessive-pricing investigation

07 July 2020

Nigeria’s Federal Competition and Consumer Protection Commission has opened an excessive-pricing investigation into the flour market, responding to concerns from a bakery association.

Colombia fines football ticket cartel

Colombia fines football ticket cartel

07 July 2020

Colombia’s antitrust enforcer has fined the country’s football federation and two ticket retailers over €4 million for a conspiracy that inflated the price of tickets by up to 350% for FIFA World Cup qualifying events.

Qantas accused of predatory conduct despite covid-19 relief

Qantas accused of predatory conduct despite covid-19 relief

07 July 2020

A regional Australian airline has accused flagship carrier Qantas of flooding the route from Sydney to the nearby city of Orange with commercially unsustainable seat capacity to weaken competition.

Guersent and Régibeau to join GCR Live Big Brussels

Guersent and Régibeau to join GCR Live Big Brussels

07 July 2020

The director general and the chief economist of the EU’s antitrust enforcer are set to speak at GCR’s 12th annual Big Brussels conference in September, alongside officials from agencies in the US and UK.