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Japanese agency targets Gov bid-riggers

Premium - 24 September 2002

The Japan Fair Trade Commission (JFTC) has been given new powers to go after government officials involved in bid-rigging.

Wilmer poaches two from O'Melveny

Premium - 24 September 2002

Wilmer Cutler & Pickering is strengthening its International Trade Practice group in Washington with the addition of partners Gary Horlick and Peggy Clarke.

Howrey launches transatlantic cartel team

Premium - 24 September 2002

Howrey Simon Arnold & White has launched a "Transatlantic cartel team" - or TACT - to link its specialists in Washington DC with its new office in Brussels. The team is unique in linking the skills and expertise of a former European cartel buster with a team of US litigators at the cutting edge of both US agency work and particularly 'follow-on' litigation.

Prospect of serious reform in EC grows

Premium - 24 September 2002

Belief that Europe might embark on 'true change' in the field of merger review process, rather than cosmetic adjustment, strengthened last week following a speech from Director General Philip Lowe.

EC ready to bless T-Mobile/MMO2

Premium - 24 September 2002

The European Commission looks ready to give the nod to agreements between mobile phone operators which allow them to share infrastructure networks for third generation mobile phones. In a statement issued on September 10 the Commission explained that network-sharing allows "significant cost savings", which in turn make for a quicker rollout of networks and promote competition.

Linklaters firm lures head of legal from Italian Authority

Premium - 13 September 2002

Gianni, Origoni, Grippo & Partners, the Italian firm in a relationship with Linklaters, has hired Piero Fattori, formerly of the Italian Antitrust Authority.

Swiss enforcer in surprise resignation

Premium - 13 September 2002

The president of the Swiss Competition Commission, Roland von Bueren, dropped a bombshell on competition lawyers in Switzerland this week by resigning.

GE to acquire ABB structured finance unit

Premium - 13 September 2002

General Electric is to expand its financial operations by acquiring the structured finance unit of Swiss firm ABB. The deal, valued at US$2.3 billion, will help reduce ABB’s US$5.2 billion debt pile.

Commission clears EY/Andersen French merger

Premium - 13 September 2002

The European Commission has approved the merger between Ernst & Young and Andersen France. The French deal is the latest in a series in Europe between the individual offices of the ailing accounting firm and its competitors, all of which have required clearance. In Germany Andersen has also joined the local Ernst & Young practice. In the UK Andersen London has been bought by Deloitte Touche Tohmatsu.

Phillips/Conoco merger finally cleared in US

Premium - 13 September 2002

The US Federal Trade Commission has granted conditional clearance to the ‘merger of equals’ between energy companies Phillips Petroleum and Conoco. The deal, agreed in November 2001, was cleared in Europe in February 2002, and creates a new firm valued at around US$35 billion.