GCR December 2007 / January 2008
Excessive pricing
Country surveys: Chile and Singapore - Litigation after Empagran - Canadian merger remedies - Privilege after Akzo
Journal Feature
Omar Wakil, partner at Torys LLP’s Toronto office, discusses the innovative way in which Canada's Competition Bureau handles competition concerns in multi-jurisdictional merger investigations
Global Competition Review invited a number of competition specialists to participate in a roundtable on excessive pricing. The event was hosted by Thomas Hoehn, partner at PricewaterhouseCoopers in London. He moderated the discussion with JAMES CLASPER. The views expressed here are the participants' own and do not necessarily reflect those of their respective employers.
Eric Mahr of Wilmer Cutler Pickering Hale and Dorr LLP explains why, although limiting the scope of the Sherman Act, the Supreme Court’s Empagran ruling has not reduced the allure of treble damages and plaintiff-friendly US procedures to plaintiffs around the world
Chris Watson, competition partner at Dechert in London, discusses the conduct of transatlantic deals following the European Court of First Instance’s landmark decision in Akzo Nobel Chemicals and Akcros Chemicals v the European Commission
Chris Watson, competition partner at Dechert in London, discusses the conduct of transatlantic deals following the European Court of First Instance’s landmark decision in Akzo Nobel Chemicals and Akcros Chemicals v the European Commission
On 22 October, the Belgian State Gazette published a new leniency notice
In October 2007, the Competition Council adopted a decision whereby Dansk Bold Union (DBU), the Danish football association, and Divionsforeningen, the association of football clubs inter alia in the Super League and first division, agreed to commitments regarding the sale of media rights for their leagues’ matches
In October 2007, the Federal Cartel Office issued a statement concerning an investigation of sales below cost by NETTO, a discount subsidiary of the German supermarket chain EDEKA
The authority recently cleared Britvic’s acquisition of C&C’s soft drinks business, despite the high market share that the merged entity would enjoy. It shows once again the effects-based approach favoured by the authority
The authority recently cleared Britvic’s acquisition of C&C’s soft drinks business, despite the high market share that the merged entity would enjoy. It shows once again the effects-based approach favoured by the authority
The company has been accused of trying to foreclose competitors with selective ‘win-back’ and ‘retention’ strategies, using information exclusively available to it as network operator
In September, the competition authority decided that UAB Vilniaus energija had abused its dominant position in the market for leasing communication tunnels in Vilnius. Although the fine imposed is relatively minor, the case may set an important precedent
In October, the newly operative Spanish Competition Authority imposed a e24 million fine on four savings banks in the Basque and Navarra regions for operating a cartel
An alleged price-fixing agreement has been cleared by the Market Court
The Competition Commission recently declined a request by four market-leading Swiss banks to open an investigation and make a decision on a multilateral domestic interchange fee that the parties planned to introduce
In September, the Office of Fair Trading published for public consultation draft Prioritisation Principles, which provide an insight to its future enforcement activities
In October, the Court of Appeals for the Fourth Circuit held that Novell was an appropriate antitrust plaintiff even though Novell did not allege that it was a consumer or competitor in the relevant market
Company: ArcelorMittal
Title: Senior legal counsel - compliance and antitrust
Age: 37
Previous employment: Senior associate at Latham &
Watkins LLP
South Korea’s Fair Trade Commission has fined Hyundai Motor US$1.9 million for abuse of market dominance. Kia Motors has also been punished for fair trade violations.
Indonesia’s competition watchdog has banned three liquid crystal display monitor suppliers from taking part in procurement tenders for two years, after finding them guilty of anti-competitive practices.
Albania’s Competition Authority has fined the country’s two mobile phone operators, Vodafone Albania and Albanian Mobile Communication, a total of US$5.52 million for abusing their market dominance.
Brazil’s SDE is investigating the alleged cartel in the marine hose industry, which has also seen probes launched in the US, the UK and the European Union.
Two top-ranking US antitrust officials have defended their respective agency’s record on merger control.
Australia’s competition watchdog has cleared a merger between two of the country’s largest private health insurers, BUPA Australia and MBF Australia.
Country Survey: Singapore
Several Singaporean law firms have launched competition groups in the past couple of years. James Clasper looks at the eight practices most likely to succeed
Country Survey: Chile
After a series of key legislative changes, Chile’s competition regime is finally beginning to blossom, writes Emily Gray
Country Survey: Singapore
The confidence of Singapore’s competition commission typifies the island’s optimism. But, explains James Clasper, the hard work lies ahead
James Clasper talked to Lam Chuan Leong, chairman of the Competition Commission of Singapore, Foo Tuat Yien, its acting chief executive, and Robert Ian McEwin, its chief economist
Country Survey: Chile
Enrique Vergara is Chile’s national economic prosecutor, the country’s chief antitrust enforcer. Clare Bolton, editor of Global Competition Review's sister title, Latinlawyer, talked to him about his role and the particular challenges facing Chile
Chilean competition specialists are few and far between. But, says Emily Gray, legislative reform and a growing compliance culture means the practice area is expanding
Community News
Sweden’s Competition Authority has appointed Sten Nyberg as its new chief economist.
Italian firm Pavia e Ansaldo has recruited competition lawyers Alessandra Franchi and Antonio Abate to head up its new Brussels office.
Alex Potter, partner in Freshfields Bruckhaus Deringer’s London office, is relocating to Beijing as co-head of the firm’s Chinese competition practice.
Global Briefing
The Israeli Supreme Court recently published, within the space of a few days, two verdicts that seem to contradict one another on the criminal defence of relying on a legal opinion
In October, in the first clearances of their kind, the Competition Commission found that the proposed joint venture between ST Microelectronics and Intel Corporation, and the acquisition of Solectron Corporation by Flextronics International, would not raise competition concerns in Singapore
The Competition Authority proposed fines on three telecoms operators for margin squeezing in relation to local loop lease charges
In October, the Korean Fair Trade Commission agreed to a request by Microsoft Corporation and Microsoft Korea Corporation to withdraw its its appeal against a corrective order and administrative fines
Back to top