Author: 21st Century Competition

Spain: Vodafone to earn $9.8B buyout clearance (Competition Policy International)

Vodafone is set to win unconditional approval by the European Commission for its $9.79 billion acquisition of Spain’s largest cable operator Ono, reports say.

Three unnamed sources said Wednesday that UK-based Vodafone will not likely be forced to divest assets as part of the agreement. The move is part of Vodafone’s …read more

Germany: Telefonica bargains for E-Plus buy (Competition Policy International)

Telefonica just struck an agreement with competition in Germany in efforts to secure regulatory approval for its acquisition of Royal KPN’s Germany operations.

According to reports, Spain’s Telefonica agreed to divest network capacity to Drillisch if the European Commission approves the plan to acquire E-Plus. Under terms of the sale, Drillisch …read more

Australia: ACCC calls for expanded powers (Competition Policy International)

The Australian Competition and Consumer Commission has called for strengthened competition rules to better fight anticompetitive behavior in its submission to the Harper Review of competition policy, reports say.

The ACCC’s advocacy for stronger laws to back its enforcement of antitrust rules follows a recent submission to the review by Vodafone, …read more

EU: Commission revises antitrust ‘safe harbor’ rule (Competition Policy International)

The European Commission announced Wednesday it has updated and revised its so-called “safe harbor” rules that set the threshold for what the Commission considers an appreciable restriction of competition when companies make minor agreements between each other.

The Commission issued its De Minimis Notice to announce that companies with market shares …read more