Hungary adopts fining rules

Tuesday, 07 February 2012

Hungary's Competition Authority has introduced new fining rules
Hungary’s Competition Authority has introduced guidelines outlining how it will calculate fines in cartel and abuse of dominance cases.

Electrical retailers negotiate deal with OFT

Tuesday, 07 February 2012

OFT reaches undertakings agreement with electrical retailers
UK electrical retailers Dixons, Comet and Argos have prevented a referral of the £1 billion-a-year market for extended warranties to the UK Competition Commission by negotiating an agreement with the Office of Fair Trading (OFT).

Obama picks Baer to take over at DoJ

Monday, 06 February 2012

William Baer, head of antitrust at Arnold & Porter
President Barack Obama intends to nominate Arnold & Porter antitrust head William J Baer to become the new assistant attorney general in charge of the US Department of Justice’s antitrust division, the White House announced on Friday.

Canada to do away with legacy cartel cases

Monday, 06 February 2012

Competition Commissioner Melanie Aitken
Melanie Aitken, commissioner of competition at Canada’s Competition Bureau, says the enforcer plans to close four of its legacy cartel cases by 1 April if there is no further progress in the investigations. Ron Knox in Vancouver

National bank signs pro-competition deal with authority

Monday, 06 February 2012

Bank of Namibia signs cooperation deal with competition authority
The Bank of Namibia has signed an agreement with the country’s competition authority, promising to help facilitate a competitive banking market.

Size matters for EU companies

Friday, 03 February 2012

Leif Johansson and Sharon Bowles at the commission's Competition Forum 2012
Protecting small and medium-sized companies (SMEs) from competition in European markets will leave them underprepared for global competition, said a leading business delegate at the European Commission’s Competition Forum 2012. Faaez Samadi in Brussels

Competition key to EU innovation and growth, says Barroso

Thursday, 02 February 2012

President Barroso speaking at the Competition Forum 2012
Competition policy helps to promote innovation in European markets, European Commission President Jose Manuel Barroso said today. Faaez Samadi in Brussels

DoJ secures guilty pleas and prison terms in record auto parts probe

Tuesday, 31 January 2012

Yazaki will pay the second largest criminal fine issued by the DoJ
Two automotive parts manufacturers have agreed to pay a total of US$548 million in fines and four executives will serve prison terms in what has become the largest antitrust investigation, in both scope and economic impact, in US history.

DG Comp narrows SkyTeam investigation

Monday, 30 January 2012

DG Comp is investigating SkyTeam's Air France-KLM, Alitalia and Delta
The European Commission has restricted its antitrust investigation of airlines alliance SkyTeam to Air France-KLM, Alitalia and Delta.

FTC lawsuit adds another hurdle to Omnicare/PharMerica

Monday, 30 January 2012

The companies are the two largest long-term care pharmacies in the US
The US Federal Trade Commission has sued to block Omnicare’s hostile bid for its rival PharMerica, saying a merger of the country’s two largest long-term care pharmacies had the potential to harm competition.

DC court sends FTC paint case to Minnesota

Monday, 30 January 2012

J Robert Robertson, at Hogan Lovells and counsel to Illinois Tool Works
Lawyers for two rival powder paint companies have won the right to transfer the US Federal Trade Commission’s lawsuit attempting to block their merger out of federal court in Washington, DC.

Trinidad Cement takes CARICOM to court

Monday, 30 January 2012

CARICOM's Competition Commission was created in 2008
The Caribbean Court of Justice has allowed Trinidad Cement to appeal against the Caribbean Community’s (CARICOM) Competition Commission, highlighting the difficulties the young authority is facing.

DG Comp takes Bulgaria to court

Friday, 27 January 2012

Bulgaria has failed to increase competition in its rail sector, says DG Comp
The European Commission yesterday referred Bulgaria to the European Court of Justice, for allegedly failing to implement legislation designed to boost competition in the railway sector.

KFTC offers funding for Samsung/LG private action

Thursday, 26 January 2012

The KFTC will provide funding to publicise the private lawsuits
Korea’s Fair Trade Commission (KFTC) has announced it will give financial backing to private class action suits against Samsung Electronics and LG Electronics.

FTC backs down in pharma battle

Wednesday, 25 January 2012

Lundbeck purchased NeoProfen in 2006
The US Federal Trade Commission (FTC) has announced it will not seek a Supreme Court judgment on its monopolisation case against pharmaceutical company Lundbeck, marking the end of a protracted antitrust battle.

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