by 21st Century Competition | Aug 5, 2014 | Global Blogs
The US Federal Trade Commission said Monday it has approved of the proposed merger between pharmaceutical companies VersaPharm and Akorn, but has imposed conditions on the transaction. Akorn plans to acquire VersaPharm in a $440 million deal first announced in May;...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
Mercedes-Benz has provided more insight into China’s investigation of the luxury car company’s pricing practices, say reports. Recent reports revealed that Mercedes’ offices were raided by Chinese regulators in Shanghai; since, the company has...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
An appellate court in India has supported the Competition Commission of India and it’s earlier ruling that found the National Stock Exchange guilty of abusing its market dominance, say reports. The Competition Appellate Tribunal on Tuesday upheld the CCI’s...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
Media conglomerate Gannett announced major business overhauls Tuesday, including a splitting of its broadcast and publishing operations as well as an acquisition of Cars.com. According to reports, Gannett will divide its media business in efforts to accelerate its...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
Spanish telecommunications conglomerate Telefonica has reportedly offered $9 billion to acquire Vivendi’s operations in Brazil, reports say. Under terms of the deal, reports say Telefonia would offer $5.3 billion in cash and shares in Telefonica’s Brazil...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
A former senior official at South Korea’s Fair Trade Commission, and the FTC itself, is under fire by critics for its role in a corruption scandal that some experts say represents a broader problem in the nation of collusive relations between the government and...