Author: 21st Century Competition

Mexico: Dominant America Movil to split up (Competition Policy International)

Mexico billionaire Carlos Slim is reportedly ready to surrender to recent legislative overhauls to the telecommunications market.

Slim, the owner of top telco America Movil, is said to be planning a breakup of the conglomerate that was recently declared to hold a dominant position in the market. Slim had been weighing …read more

EU: Pay-for-delay lands drug makers with $580 million in fines (Competition Policy International)

The European Commission issued hundreds of millions of dollars on pharmaceutical makers including France’s Servier for pay-for-delay deals that were found to have distorted the market, according to reports.

Servier and five generic drug makers were fined a combined $580 million for colluding to prevent generic and cheaper forms of medication …read more

US: Fake docs add bizarre twist to non-poaching suit (Competition Policy International)

A bizarre yet seemingly legitimate court filing produced in a high-profile antitrust case regarding the hiring practices of major tech firms including Apple and Google has turned out to be a fake, adding a new twist in the plot.

According to reports, the document filed Monday was filed as a motion …read more

EU: Yelp joins the anti-Google battle (Competition Policy International)

Online review service Yelp has reportedly filed an antitrust complaint against Google in the EU, compounding troubles for the search giant as authorities ready to end a years-long case against the firm.

European Commissioner Joaquin Almunia has repeatedly expressed that he is looking to settle an antitrust case against Google that …read more