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UK: Lobbyists champion relaxed bank market entry (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

Bank lobbyists are encouraging lawmakers to relax the barriers to entry of the banking industry to boost competition, according to reports. Banking lobby group the British Bankers’ Association spoke Monday to champion the government to establish rules that would...

US: First Forex fines coming soon (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

Federal authorities are preparing to issue sanctions against banks for participating in an alleged foreign exchange benchmark rigging scandal, and fines could come as early as this year, according to reports. An unnamed source told reporters this week that several...

Germany: New chapter in eBooks saga hits Amazon (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

A new antitrust complaint has hit Amazon in Germany, continuing the saga of competition concerns within the online eBooks retail business. According to reports, Germany’s booksellers association filed the complaint against the world’s largest online...

New Publications & Awards: AAI Antitrust Enforcement Awards, Audio Sessions From 2014 Annual Conference (Canadian Competition and Regulatory Law)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

June 24, 2014 Yesterday and today the American Antitrust Institute (AAI) announced a call for entries for its AAI 2014 Antitrust Enforcement Awards and posted audio sessions from its 2014 Annual Conference on the theme of efficiency within antitrust analysis. From the...

The First Real Test of Sentencing for the UK Cartel Offence (ESRC Centre for Competition Policy)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

(by Andreas Stephan) A former managing director charged with the UK’s cartel offence has pleaded guilty to the criminal offence of price fixing. Peter Nigel Snee pleaded guilty to fixing the price of galvanised steel tanks used for water storage and now awaits...
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