by 21st Century Competition | Jun 12, 2014 | Global Blogs
Minutes ago the General Court released its Judgment in Intel v Commission (T-286/09) dismissing the appeal in its entirety and upholding the 1.06 billion euros fine. As I noted to Bloomberg some time ago, the ECJ’s Tomra Judgment had paved the way for the...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
The European Commission announced Wednesday that it has approved of the proposed merger between insurance companies UnipolSai and Allianz. Reports say the $1.5 billion acquisition by Germany’s Allianz of Italy-based Unipol assets, first announced last March, is...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
The UK’s Competition and Markets Authority has said that the payday loan market is lacking competition and will therefore be investigated to help lower consumer costs. The CMA announced Wednesday that customers pay too much for their payday loans because there...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
Japan-based Mitsubishi Heavy Industries could enter into a takeover bid with Germany engineering giant Siemens in efforts to acquire French turbine and train maker Alstom. According to reports, Mitsubishi and Siemens could join forces against General Electric, which...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
Reports say German telecommunications giant Deutsche Telekom is likely to win a dismissal of an appeals case filed by the founders of rival Telegate, which is seeking $829 million in damages over claims Deutsche Telekom charged unfairly high prices for directory data....