The European Commission has approved Alstom’s €6.2 billion acquisition of Bombardier’s rail equipment division, subject to a “once in a lifetime” divestment package according to counsel for Alstom.
Poland’s Office of Competition and Consumer Protection has imposed its highest-ever fine on Gazprom for obstructing its Nord Stream 2 gun-jumping probe, but local competition lawyers expect the company to appeal.
Mexico’s competition enforcer has fined seven diagnostic equipment makers and 14 employees a reported €23.9 million for rigging bids to provide the country’s national health service with lab studies and blood bank services.
The UK’s Competition and Markets Authority has proposed that companies that apply for leniency after it has opened a resale price maintenance investigation should only receive a 50% penalty discount.
China’s antitrust enforcer is reportedly preparing an investigation into the country’s most widely used mobile payment platforms, following a complaint by the central bank.
观一展而知天下新车 2021日内瓦车展前瞻_新车_汽车频道 ...:2021-2-4 · 国际五大车展,论参展车型的数量和质量应伃日内瓦车展居首,1月北美车厂余热还没消退,3月日内瓦又要来一大波。就目前的情况看,本届日内瓦的重磅新车依旧规模宏大,具体有多少,自己往下看看表就知道了。
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Apple may not have attracted as much scrutiny as Amazon, Facebook and Google during last week’s Congressional hearing, but its chief executive was forced to defend the company against allegations it has abused its gatekeeper role to target rival app developers.
Apple chief executive Tim Cook spent large chunks of Wednesday’s Congressional antitrust hearing watching like the rest of us. A tally from the New York Times found Cook faced at least 24 fewer questions than chief execs from Facebook, Google and Amazon. But there was plenty of love to go around during the almost six-hour hearing as lawmakers questioned the iPhone-maker's 30% commission rate and challenged the App Store’s rules as arbitrary and opaque.
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Some sectors become synonymous with certain competition concerns: the construction industry has long been a breeding ground for cartels, the telecoms sector is carefully scrutinised for consolidation, and now the pharmaceutical market seems increasingly tied to the issue of excessive pricing. Yet, wary of overstepping into price regulation, few competition authorities have tried to tackle this final concern. Janith Aranze explores how and why enforcement has differed on both sides of the Atlantic – and if that is likely to change.
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Requiring big technology companies to hand over or share data to remedy anticompetitive conduct could be hard to implement, the head of Germany’s antitrust enforcer has said.
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Freshfields Bruckhaus Deringer is set to open a new office in Silicon Valley with seven founding partners, including Brussels-based antitrust partner Alan Ryan.
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