by 21st Century Competition | Jul 11, 2014 | Global Blogs
The European Court of Justice, the region’s highest court, has reportedly upheld a fine of more than $200 million imposed on Spain’s Telefonica originally sanctioned on the telco for dominance abuse. According to reports, the fine was issued by the EU...
by 21st Century Competition | Jul 11, 2014 | Global Blogs
Taiwan’s AU Optronics has failed in its bid to reverse a 2012 decision that imposed a $500 million fine on the company for fixing prices in the liquid crystal display panel industry. The 9th US Circuit Court of Appeals unanimously ruled Thursday to reject the...
by 21st Century Competition | Jul 11, 2014 | Global Blogs
Authorities in China are hoping to encourage more mergers and acquisitions by relaxing rules for companies to buy, sell or swap assets, say reports. China’s Securities Regulatory Commission announced Friday that listed firms will now longer need its approval...
by 21st Century Competition | Jul 11, 2014 | Global Blogs
A top executive for Discover Financial Services took the stand Thursday to testify in a lawsuit filed by the US Department of Justice against Discover rival American Express. According to reports, Discover president and COO Roger Hochschild testified against AmEx and...
by 21st Century Competition | Jul 11, 2014 | Global Blogs
WKB Wierciński, Kwieciński, Baehr Sp. k., Poland Part 1 – fines for individuals On 10 June 2014, the Polish Parliament adopted a significant set of amendments to the Polish Competition Law Act (the “Act”). Having received Presidential approval on 30 June 2014,...
