News RSS

CADE slaps record cartel penalty on gas companies

Thursday, 02 September 2010

CADE issues record fines
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

Thursday, 02 September 2010

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

Thursday, 02 September 2010

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

Thursday, 02 September 2010

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

Thursday, 02 September 2010

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

Thursday, 02 September 2010

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.

Grant & Eisenhofer strengthens in New York

Wednesday, 01 September 2010

Nussbaum and Radice join New York practice
Plaintiffs firm Grant & Eisenhofer PA has hired competition litigation specialists Linda Nussbaum as a partner and John Radice as a senior counsel in the firm’s New York antitrust practice. They started in their new roles today.

LB Foster/Portec deadline extended again

Wednesday, 01 September 2010

The proposed merger between US railway manufacturing companies LB Foster and Portec Rail Products has been delayed once more as the companies strive to alleviate competition concerns raised by the US Department of Justice’s antitrust division.

An interview with Duncan Sinclair

Wednesday, 01 September 2010

Duncan Sinclair talks to GCR
Do sectoral regulators make good competition authorities? Duncan Sinclair, legal director and head of competition at Ofgem, believes so.

Aeroflot appeal overturned by Russian court

Wednesday, 01 September 2010

A Russian commercial court in Krasnoyarsk has upheld a Federal Antimonopoly Service (FAS) decision to fine national airline Aeroflot for anti-competitive practices.

FTC settles aluminium suit

Wednesday, 01 September 2010

The US Federal Trade Commission has approved a final order settling charges against industrial products manufacturer Houghton International for its allegedly anti-competitive acquisition of a competitor.

NHS regulator to get competition powers

Tuesday, 31 August 2010

UK government debates competition regulation in healthcare
The UK’s National Health Service’s (NHS) regulator, Monitor, may be given powers to launch competition investigations in a bid to stamp out anti-competitive practices in the medical sector.

Morgan Stanley settles municipal bond litigation

Tuesday, 31 August 2010

Investment bank Morgan Stanley has agreed to pay a multi-million dollar settlement to end its involvement in an antitrust class action alleging that it conspired with rival banks to rig bids for municipal bonds sold to city, state and other local governments.

Gas joint venture pays penalty for price fixing

Tuesday, 31 August 2010

South Africa’s Competition Tribunal will tomorrow decide whether to approve an agreement between the country’s Competition Commission and Spring Lights Gas to settle cartel charges.

Poultry sector under scrutiny in Norway

Tuesday, 31 August 2010

Norway’s Competition Authority yesterday searched the premises of two companies in the poultry industry after allegations of antitrust violations.

Back to top

Law Business Research Ltd

87 Lancaster Road, London, W11 1QQ, UK
Tel: +44 207 908 1188 / Fax: +44 207 229 6910
Queen's Award logo International Bar Association logo American Bar Association strategic partner logo

© Law Business Research Ltd 1998-2009. All rights reserved. | http://www.lbresearch.com

87 Lancaster Road, London, W11 1QQ, UK | Tel: +44 207 908 1188 / Fax: +44 207 229 6910

http://www.globalcompetitionreview.com | editorial@globalcompetitionreview.com