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APAR 2010 Pharmaceuticals

News


CADE issues record fines   CADE slaps record cartel penalty on gas companies

Brazil’s Council for Economic Defence (CADE) has today issued its highest ever fine of 2.9 billion reais (€1.3 billion) to five industrial gas manufacturers for alleged long-term cartel activity.


Telecom NZ wins appeal

New Zealand’s Supreme Court has ruled the country’s Commerce Commission failed to prove that Telecom New Zealand abused its dominant position.


Deutsche Post triumphs in EU state aid saga

Deutsche Post today prevailed before the European Court of Justice in the long-running state aid case concerning €572 million of support granted by Germany’s government for the provision of mail delivery services.


Australia approves travel business merger

The Australian Competition and Consumer Commission (ACCC) has cleared travel company Jetset Travelworld Group to buy rival Stella Travel Services Holdings after extensive competition scrutiny.


New Zealand takes up freight forwarding litigation

New Zealand’s Commerce Commission has today filed cartel proceedings against several companies in the air freight forwarding sector at the High Court in Auckland. It has reached settlements with two defendants.


Banking deal gets SA approval

South African banking services company Bankserv has been granted clearance by the country’s Competition Commission to purchase rivals Emid and Nomad, subject to conditions.



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