by 21st Century Competition | Aug 5, 2014 | Global Blogs
The European Commission is reportedly reconsidering certain antitrust exemptions offered to the insurance industry. The Commission has sent questionnaires to shareholders of the industry to gain insight into the opinion of the Insurance Block Exemption Regulation,...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
One of the world’s largest mining companies filed a motion late Monday to exit a nationwide lawsuit accusing the company and other conglomerates of manipulating aluminum prices. According to reports, Glencore, based in Switzerland, said it has only minimal...
by 21st Century Competition | Aug 5, 2014 | Global Blogs
Top antitrust officials have submitted public comment to the United States Sentencing Commission suggesting that higher antitrust fines are necessary to deter anticompetitive behavior, but the submissions disagreed as to why. The American Antitrust Institute submitted...
by 21st Century Competition | Aug 4, 2014 | Global Blogs
Officials in South Korea have fined the nation’s leading coffee shop chain for abusing its market dominance against shop owners, say reports. The Fair Trade Commission fined Caffe Bene about $185,000 for the anticompetitive conduct, the largest-ever fine issued...
by 21st Century Competition | Aug 4, 2014 | Global Blogs
The European Commission said late last week that it has approved of a proposed merger between two steel tire cord manufacturers. Reports say Italy-based Pirelli will be acquired by Belgium-based NV Bekaert, a deal first proposed last February. In its decision, the EU...
by 21st Century Competition | Aug 4, 2014 | Global Blogs
Israel’s Antitrust Authority announced Sunday that it is looking to ban the practice of companies announcing price changes in advance in efforts to prevent price coordination, say reports. Regulators say such pricing announcements could have effects on the...
