Jurisdiction: Europe

Hand him over

April 22, 2014 | 1 Comments

The US Department of Justice recently announced that it had successfully extradited the first foreign national on antitrust (competition law) charges, indicating that the US government will continue its forceful approach to pursuing foreign executives...

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Doors open at the CMA

April 4, 2014 | 0 Comments

On 1 April 2014, significant reforms to the UK competition law regime came into effect. Most significantly, the Office of Fair Trading and the Competition Commission are replaced by the Competition and Markets Authority (CMA). ...

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Days are well and truly numbered for unauthorised in-app purchases, following a spate of private and regulatory enforcement action in the United States, and the issue being firmly on the agenda of regulators in the...

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Where the rubber meets the road

February 27, 2014 | 0 Comments

U.S.-based Goodyear is seeking to end its global alliance with Japan-based Sumitomo on the grounds that Sumitomo “has engaged in anticompetitive conduct that we concluded warrants the dissolution of the global alliance”.  Under the global...

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Regulators go hardcore on cartels

January 28, 2014 | 0 Comments

The ACCC has warned that 2014 is teaming up to be a year of tough penalties against large corporations.  This follows the ACCC’s success against TPG Internet in December and Hewlett-Packard earlier in the year,...

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European Commission issues record fines

December 11, 2013 | 0 Comments

Following on from our previous post and the LIBOR update article in our June 2013 edition of Regulator, the European Commission (EC) last week handed down record fines to eight financial institutions for their involvement...

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Microsoft gets smart about phones

December 9, 2013 | 0 Comments

Last week, the US Department of Justice (DoJ) and the European Commission (EC) both gave Microsoft the go-ahead to buy Nokia’s handset and services business, and cleared a patent licensing agreement between the companies. The €5.44 billion (approximately A$8.15...

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US battle for the sky

November 7, 2013 | 2 Comments

The US Department of Justice (DoJ) is ready to do battle with American Airlines and US Airways to block their mega-merger, but the airlines have the option of agreeing divestments in order to settle legal...

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Foreign exchange under the microscope

November 4, 2013 | 1 Comments

In the last two weeks, the US Department of Justice (US DoJ) and UK’s Financial Conduct Authority (FCA) reached further settlement agreements in relation to alleged manipulation of various global interest rates. As reported previously,...

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The mystery around bank interchange fees

October 2, 2013 | 0 Comments

While the world of bank interchange fees can at best be described as murky, competition regulators across the globe have been searching for clarity by scrutinising these fees and how service providers, primarily Visa and...

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