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Vietnam: Tourism group probed for dominating Russian services (Competition Policy International)

by 21st Century Competition | Jun 18, 2014 | Global Blogs

Vietnam competition authorities have reportedly launched an investigation into a leading tourism business following allegations the company attempted to monopolize the Russian tourism industry. The nation’s Competition Administration Department of the Industry...

US: Pfizer inks new partnership after AstraZeneca failure (Competition Policy International)

by 21st Century Competition | Jun 18, 2014 | Global Blogs

Following US pharmaceutical giant Pfizer’s failed attempt to acquire AstraZeneca, reports say Pfizer has inked a new joint venture deal to develop immunotherapy cancer drugs. According to reports, Pfizer will team up with France-based Cellectis. The partnership...

India: Authorities approve American Express joint venture (Competition Policy International)

by 21st Century Competition | Jun 18, 2014 | Global Blogs

The Competition Commission of India has announced its approval for a proposed joint venture between credit card conglomerate American Express and a unit of Qatar Holding, a deal aimed at providing global business travel services, according to reports. American Express...

US: Oracle mulls $5B takeover as sales grow weak (Competition Policy International)

by 21st Century Competition | Jun 18, 2014 | Global Blogs

Software conglomerate Oracle is reportedly in exclusive talks to acquire hotel and restaurant software developer Micros Systems, unnamed sources said, and the deal could be reached for up to $5 billion. Oracle has been plagued by 10 quarters of weak sales, according...

US/Russia: Political tension delays Morgan Stanley oil sale (Competition Policy International)

by 21st Century Competition | Jun 18, 2014 | Global Blogs

The US Federal Trade Commission announced Wednesday that it has approved of Morgan Stanley’s plans to divest its oil merchanting business to a Russian company, but the firms will wait to seek additional approval of the deal until political tensions between the...
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