Tag: CoronaVirus
EU Ready To Facilitate State Aid Against Coronavirus Says Vestager
European Union governments may need to provide state aid on “a much larger scale” due to the coronavirus crisis and the bloc’s executive will...
Panasonic, Samsung & Others Settle Price Fixing Suit
Hitachi, Panasonic, Philips, Samsung, Thomson, and Toshiba got preliminary approval from a San Francisco federal judge for a US$513 million settlement partly resolving a...
Italy Probes Amazon, eBay Over Price Hikes Over Coronavirus
Italy’s antitrust watchdog said on Thursday it was investigating e-commerce giants Amazon and eBay for an allegedly excessive rise in the price of products...
EU Open To Compensating Virus-Hit Firms
The European Commission executive is ready to consider compensation measures for companies hit by the coronavirus outbreak, officials said on Tuesday, adding that additional...
Group Calls For Action Against Coronavirus Price Gouging
In a March 9 letter to Attorney General William Barr, the Consumer Brands Association implored the official to take action against sellers who are...
DOJ Cautions Business Against Coronavirus Price Hikes
The Department of Justice today announced its intention to hold accountable anyone who violates the antitrust laws of the United States in connection with...
CMA To Crack Down On Coronavirus Price Increases
The Competition and Markets Authority (CMA) has stated it may need government intervention to regulate the cost of items as “panic-buying” increases thanks to...
UK Regulator Warns Traders Over Coronavirus “Rip-Offs”
The UK’s competition regulator has warned retailers and traders not to use coronavirus as an excuse to rip off customers and stated it would...
Thermo Fisher To Buy CoronaVirus Test Maker, Qiagen For $11B
Thermo Fisher has agreed to buy Dutch diagnostics group Qiagen in a $11.5b deal, as the US scientific equipment maker expands its disease-testing capabilities...
