Tag: watchdog
Russia: LG fined for smartphone price fixing
The Federal Antimonopoly Service (FAS) of Russia has fined LG Electronics RUS, a subsidiary of LG corporation, 2.5 million rubles (US$39,200) for coordinating smartphone...
UK: Sainsbury’s-Asda merger raises competition concerns
The UK Competition and Markets Authority has published a summary of views received from interested parties on the impact of the planned merger of...
Australia: Former heads of Citi, Deutsche Bank charged in a criminal...
Australian prosecutors charged the former local heads of Citigroup and Deutsche Bank with criminal cartel offenses, the most dramatic move so far in a...
UK: FCA announces crackdown on high-interest lending
The changes proposed by the Financial Conduct Authority (FCA) are designed to create a “rebalancing in favour of the customer,” reported the Financial Times....
India: CCI approves Bayer’s acquisition of Monsanto
Fair trade regulator the Competition Commission of India (CCI) has approved the acquisition of US-based biotech major Monsanto by German chemical and pharma major...
Mexico: Watchdog reveals new LPG probe
Mexico’s competition watchdog has been investigating the country’s liquefied petroleum (LP) gas industry since last summer after a complaint from the country’s Energy Regulatory...
Philippines: Antitrust body voids Dennis Uy acquisition
The Philippines' antitrust watchdog on Monday February 19, voided businessman Dennis Uy's acquisition of a Dutch holding company KGLI NM, that held a majority...