All Articles

An interview with Bob Pitofsky

Premium - 01 December 1997

The US Federal Trade Commission has many challenges ahead of it, particularly in the high-tech field. GCR’s Sebastian O’Meara spoke to chairman Bob Pitofsky in New York about his vision for the future of global competition.

New blood at Italian agency

Premium - 01 December 1997

Italian competition bureau, the Autorita Garente now has two candidates ready to succeed former head Juliano Amato.

WorldCom/ MCI

Premium - 01 December 1997

US telecommunications company WorldCom finally put an end to speculation about the future owner of fellow telecoms company MCI with a US$37 billion bid, which included a US$7 billion bid for BT’s stake in MCI.

Fast-track failure threatens Latin American competition

Premium - 01 December 1997

Competition lawyers are concerned that US president Bill Clinton’s failure to achieve fast-track voting rights in Congress last week will impede the development of competition in Latin America.

Fiesole to go annual

Premium - 01 December 1997

The International Bar Association’s seminar on the future of merger control in Europe, held in September at the European Institute in Fiesole, was so successful that Committee C, the IBA’s section on antitrust and trade law, which organised the forum, has decided to make it an annual event.

France: Multi-merger notification form

Premium - 01 December 1997

The new common form may give rise (perhaps unintentionally) to an increase in pre-notifications and possibly full notification in France. It will also formalise the pre-notification contact with the DGCCRF.

Germany: Tourism mergers: cooperation with EC

Premium - 01 December 1997

It seems unlikely that the BKA will clear both transactions in their current form. In particular, the horizontal links between the yellow block and the red block could threaten domestic competition.

Ernst & Young/ KPMG

Premium - 01 December 1997

The announcement of merger plans by Big Six accountants Ernst & Young and KPMG on 20 October sparked off concerns in a variety of quarters.

Beckett approves P&O/ Stena deal

Premium - 01 December 1997

UK trade secretary Margaret Beckett has approved the P&O/Stena Line ferry merger despite concern from European Commissioner Karel van Miert and UK Director General of Fair Trading John Bridgeman, who favoured complete prohibition in the public interest.

The triumph and failure of the US Merger Guidelines in litigation

Premium - 01 December 1997

James Langenfeld of LECG Inc contrasts two important recent US court decisions relating to product market definition in mergers and considers the policy implications