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US: Steelmaker spends $90M to settle price-fixing class action (Competition Policy International)

by 21st Century Competition | Jun 20, 2014 | Global Blogs

One of several steelmakers in the US has reportedly settled a class action lawsuit alleging the companies of colluding to fix steel product prices, reports say. ArcelorMittal reached an agreement to pay $90 million to settle claims; three other steel companies had...

Singapore: Etihad, Jet seeking antitrust immunity (Competition Policy International)

by 21st Century Competition | Jun 20, 2014 | Global Blogs

Just one day after reports emerged that UAE-based Etihad and India-based Jet Airways, which have inked a joint venture deal, are under competition scrutiny in Singapore, Etihad has clarified that the companies are seeking antitrust immunity in various jurisdictions,...

US: New York takes the wheel in Comcast merger case (Competition Policy International)

by 21st Century Competition | Jun 20, 2014 | Global Blogs

In the wake of New York’s overhauled cable franchise rules, reports say the state could pose as a major roadblock to the proposed merger between Comcast and Time Warner Cable, a deal that, up until recently, has focused itself in Washington. According to...

US: ProMedica feud with FTC inches closer to SCOTUS (Competition Policy International)

by 21st Century Competition | Jun 20, 2014 | Global Blogs

The Federal Trade Commission’s antitrust lawsuit against ProMedica’s acquisition of St. Luke’s Hospital has come closer to reaching the Supreme Court as ProMedica has appealed an earlier ruling in the case to the 6th US Circuit Court of Appeals. A...

Switzerland/France: Lafarge, Holcim could dump $7B in assets (Competition Policy International)

by 21st Century Competition | Jun 20, 2014 | Global Blogs

As cement giants Lafarge and Holcim pursue their merger with a plan that would create the world’s largest cement company, reports say the companies could divest billions of dollars worth of assets to secure antitrust approval for their tie-up. Switzerland-based...
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