Tag: Competition Authority
The Important Role of Competition Authorities in Promoting Competitive Neutrality
By: Jordi Calvet Bademunt & Sophie Flaherty (OECD On The Level)
“Competitive neutrality” is defined by the OECD as a principle whereby all enterprises are ‘provided a level playing...
Turkey: Investigation ends in fine for Google
Rekabet Kurumu, the Turkish competition authority, has slapped a US$15 million fine on Google for violating local competition laws, the regulator announced on its...
Germany: Publisher DuMont Mediengruppe and its lawyer fined €16m
Germany’s competition authority has fined newspaper publisher DuMont Mediengruppe €16 million (US$18.5 million) for agreeing to divide markets with rival publication Bonner General-Anzeiger Group,...
Egypt: Watchdog sees issues with Uber/Careem deal
The Egyptian Competition Authority is working on a full-fledged report on the potential impact of the region-wide merger deal between Uber and Careem on...
Brazil: Itaú Unibanco settles for US$4.3m with CADE
Itaú Unibanco and its card-processing company Redecard have agreed to pay R$21 million (US$4.3 million) in a settlement with Brazil’s competition authority, and to...
China: Luxottica, Essilor extend merger deadline
French lens manufacturer Essilor and Italian eyewear Luxottica have extended a deadline for their planned merger to July 31 as the Chinese competition authority...
Mexico: Banorte’s Interacciones takeover approved by regulator
Mexico’s competition authority has approved Grupo Financiero Banorte’s purchase of peer Grupo Financiero Interacciones, Banorte said in a statement on Thursday.
The Federal Commission for...
Germany: Gov updates statute of limitations on claims for damages in...
The highest court in Germany has ruled in a cement cartel case that its “Suspension Provision”, adopted in 2005, can be applied to cases...
Portugal: Antitrust regulator rejects Altice remedies for takeover of Media Capital
Altice has been informed by Portugal's Competition Authority (AdC) that the remedies the French group proposed to gain approval for its acquisition of Media...