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Breaking news- The Intel Judgment is out: the European Commission wins (Chillin’ Competition)

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...

EU: Commission clears Italy, Germany insurance alliance (Competition Policy International)

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...

UK: Payday lenders prep for CMA crackdown (Competition Policy International)

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...

Japan: Mitsubishi to join Siemens in beating General Electric for takeover (Competition Policy International)

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...

Germany: Deutsche Telekom suit tests shareholder antitrust protection (Competition Policy International)

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....
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