Chile sets conditions for telecoms merger

Tuesday, 10 January 2012

The FNE recommended conditions to the country's Competition Court
Chile’s Free Competition Defence Court has suspended the merger of telecom companies Entel and GTD after the National Economic Prosecutor’s Office (FNE) highlighted potentially anti-competitive effects and suggested a number of remedies.

FTC releases ALJ decision to block ProMedica/St Luke's

Friday, 06 January 2012

The FTC remains resolute in its battle against reverse payment settlements
The US Federal Trade Commission’s administrative law judge has ruled that ProMedica Health System’s purchase of rival Ohio-area hospital St Luke’s harmed competition in the region’s health care market. The ruling’s publication comes exactly one year after the commission first sued to stop the deal.

OFT hands water merger to commission

Thursday, 05 January 2012

OFT refers water merger to the Competition Commission
The UK’s Office of Fair Trading (OFT) today referred the merger of two water companies to the Competition Commission, complying to an automatic referral threshold that may soon be significantly increased.

Chile issues first merger non-compliance fine to exec

Wednesday, 04 January 2012

Chile's Competition Tribunal fined John Malone US$3.6 million
Chile’s Competition Tribunal has fined Liberty Media’s owner John Malone 1.9 billion pesos (US$3.6 million) for failing to respect remedies imposed on a merger. It is the first time Chile has fined an individual for infringing commitments in a merger review.

Spain accepts Verifone’s new remedies

Tuesday, 03 January 2012

Verifone completed the acquisition of Hypercom in August
Spain’s National Competition Commission (CNC) has accepted credit card terminal company Verifone’s proposed remedies in its merger with rival Hypercom, months after the companies announced the deal’s completion.

Belgium clears vertical telecoms deal with structural remedy

Tuesday, 03 January 2012

Belgacom gets go-ahead to buy The Phone House
Belgium’s Competition Council has announced today it will allow telecoms incumbent Belgacom to purchase mobile phone shop The Phone House with conditions.

Princes sells Fray Bentos to avoid CC referral

Tuesday, 03 January 2012

The OFT accepted Princes' remedies to buy Premier Foods
The UK’s Office of Fair Trading (OFT) has accepted commitments from food producer Princes to allow its merger with rival Premier Foods Group to go ahead.

DoJ adds conditions to Deutsche Börse/NYSE Euronext

Wednesday, 28 December 2011

The trading floor of the New York Stock Exchange
The US Department of Justice’s antitrust division on Friday conditionally cleared Deutsche Börse’s takeover of the New York Stock Exchange, but the deal’s future in Europe still hangs in the balance.

AT&T to pay US$4bn as T-Mobile merger collapses

Tuesday, 20 December 2011

AT&T has withdrawn its US$39 billion bid for T-Mobile
AT&T has withdrawn its US$39 billion bid for T-Mobile, following months of opposition by US antitrust authorities.

CADE approves LAN/TAM merger

Friday, 16 December 2011

Merger which will create Latin America's biggest airline
Brazil’s Council for Economic Defence (CADE) has approved a US$3.2 billion merger between Brazilian airline TAM and Chilean flag carrier LAN – but lawyers say time will tell whether conditions imposed are sufficient to prevent excessive concentration on certain routes serviced by the new company.

Germany clears cable three-to-two with conditions

Friday, 16 December 2011

The FCO clear acquisiton after a number of commitments
Germany’s Federal Cartel Office has cleared the merger of two regional cable network operators with conditions, after “intense negotiations” with the companies.

CC threatens to break up waste merger

Thursday, 15 December 2011

Stericycle bought Ecowaste Southwest in January 2011
The UK’s Competition Commission (CC) could break up the completed merger between waste management companies Stericycle and Ecowaste Southwest because it “will lead” to a substantial lessening of competition.

China orders remedies in Seagate/Samsung clearance

Wednesday, 14 December 2011

MOFCOM ordered commitments in the deal
China’s Ministry of Commerce (MOFCOM) is standing alone in imposing remedies over Seagate’s acquisition of Samsung’s hard disk business, after the US and EU unconditionally cleared the transaction.

DoJ clears education software merger

Wednesday, 14 December 2011

John Harkrider advised SunGard Data Systems
The US Department of Justice’s antitrust division (DoJ) has approved a US$1.8 billion merger between education software provider SunGard Higher Education and rival Datatel.

Judge puts AT&T/T-Mobile challenge on hold while companies contemplate fate

Tuesday, 13 December 2011

AT&T
A US federal court has granted a joint motion to pause the US Department of Justice’s lawsuit against the proposed AT&T/T-Mobile merger, casting even more doubt on the deal’s chances for survival.

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