All Articles

United Kingdom: Common merger application form

Premium - 01 December 1997

As an attempt to simplify procedures, the move to a uniformly recognised questionnaire should be welcomed. As a practical matter, however, the benefits of the new system are limited. The new form reflects the difficulties involved in achieving effective simplification.

Department of Justice v Microsoft

Premium - 01 December 1997

The US Department of Justice hopes to clarify some problems in the antitrust field in relation to technology when it prosecutes computer software giant Microsoft. The DoJ has filed a petition in the District of Columbia asking a judge to find the company in breach of a consent decree of 1995 requiring the company to alter the way it supplied software to personal computer manufacturers.

Hungary: Budapest water privatised

Premium - 01 December 1997

The Hungarian Competition Council’s decision essentially permits the participation of powerful foreign companies in existing Hungarian monopoly companies under the new Hungarian merger control rules. The decision clears the way, from a competition law point of view, for further privatisations of Hungarian monopoly companies.

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.

Opinion: Robert Ayling, Chief executive, British Airways plc.

Premium - 01 December 1997

In the last issue of Global Competition Review, Richard Branson, founder of Virgin Atlantic claimed that the British Airways/American Airways alliance would run counter to consumers’ interests. Robert Ayling, chief executive of British Airways, opposes Branson’s view. British Airways says its alliance with AA would be in line with similar alliances throughout Europe, and that it will in fact provide more choice and lower fares for passengers. David Holmes, Director of corporate resources, explains BA’s position.

Fordham Conference: In search of a new culture

Premium - 01 December 1997

A fin de siècle atmosphere pervaded the 24th Annual Fordham Corporate Law Institute conference on International Antitrust Law and Policy, where leading competition figures gathered to look ahead to the 21st century and consider whether the world would ever accomodate a truly global harmonisation of competition law. Fenella Quinn reports.

Denmark: Group exemptions under new Act

Premium - 01 December 1997

The Danish competition authority is in the process of issuing group exemptions and has published a draft group exemption for business chains within the daily consumer goods area.

European Union: More cooperation

Premium - 01 December 1997

It remains to be seen whether a significant caseload is transferred by the Commission to national authorities following the adoption of this Notice. If this does result in a considerable reallocation of cases, there will inevitably be increased pressure on the resources of national competition authorities. Of particular interest in this context is that the UK Competition Bill is due to implement an EU-style competition regime in the UK in 1998. In conjunction with this, the Bill contains specific provisions authorising the Director General of Fair Trading to obtain a warrant to enter premises by force when undertaking an investigation at the request of the European Commission in connection with an Article 85 or 86 investigation which has been commenced at the EU level.

Merita/Nordbanken

Premium - 01 December 1997

Finland’s largest bank, Merita, and Sweden’s third largest lender, Nordbanken, announced plans for a SKr80 billion merger on 13 October.

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.