All Articles

CARTELS: New UK cartel law rings alarm bells

Premium - 01 December 1999

The UK’s Office of Fair Trading (OFT) has been explaining the changes the new Competition Act will bring as part of a concerted campaign to educate British business.

STATE AIDS: Kvaerner

Premium - 01 December 1999

The EU Commission is planning to reopen its enquiry into state aid at the Warnow Werft shipyard in Germany, owned by Kvaerner AS of Norway.

UNDER INVESTIGATION: Van Miert warns on bourses

Premium - 01 December 1999

EU Competition Commissioner Karel van Miert has warned that he is closely monitoring the strategic alliance between the London and Frankfurt stock exchanges, unveiled in July, after several parties approached him with concerns about the potentially dominant position the alliance might hold.

Indonesia discusses antimonopoly law

Premium - 01 December 1999

In the midst of continuing political turmoil, Indonesia has started talks on establishing a new anti-monopoly law, which would aim to cap the national market share of an individual company at 30 per cent.

STATE AIDS: EU state aids policing powers boosted

Premium - 01 December 1999

After a year of negotiation, EU industry ministers have agreed unanimously to boost the Commission’s policing powers in state aid cases.

Lucas Varity/ Meritor

Premium - 01 December 1999

Lucas Varity sold its heavy vehicle braking system to US firm Meritor in a multi-jurisdictional transaction which involved merger clearances in the US, Germany, France and the UK.

AOL buys Netscape

Premium - 01 December 1999

America Online is set to acquire Internet firm Netscape Communications Corp in a $4.28 billion stock swap.

TELECOMS: FCC chastises Telmex/ Sprint

Premium - 01 December 1999

The FCC has announced that Telmex/Sprint, a joint venture between Sprint and Telmex of Mexico, may be engaging in anticompetitive conduct in charging excessively high rates for completing long-distance calls from other US carriers.

Coca Cola acquires Schweppes brands

Premium - 01 December 1999

The Coca Cola Company is set to acquire Cadbury Schweppes’s beverage brands in more than 120 countries around the world, in a $1.9 million deal.

Germany: TV concentration cleared

Premium - 01 December 1999

The Budeskartellamt’s decision marks a further step on the road towards concentration in the German free TV market. Although Bertelsmann and Kirch were unsuccessful in their plans to jointly dominate the growing pay-TV market, it is doubtful whether the current structure of the free TV market allows for real competition in any case, especially since the Kirch Group is also a leading provider of movies and TV entertainment programmes in Germany.