by 21st Century Competition | Jun 11, 2014 | Global Blogs
The Department of Justice announced Wednesday that a former executive at Japanese bank Rabobank has pleaded guilty for conspiring to manipulate the Yen LIBOR benchmark, reports say. Takayuki Yagami was charged with one count of band fraud and one count of conspiracy...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
Leading Chinese mobile browser firm UCWeb will be acquired by Alibaba, reports say, in a deal being touted as the largest Internet merger in China’s history. The e-commerce company is slated to acquire one-third of UCWeb, allowing the web browser to more...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
As taxi drivers across London brought the streets to a standstill Wednesday in boycott of Uber, European Commission Vice President Neelie Kroes entered the debate to assure that while cab drivers’ concerns are legitimate, it is in Europe’s best interest to...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
After UK newspaper the Guardian revealed supermarket giant Tesco had failed to comply with a Competition Commission order made four years ago, reports say the company is facing possible fines. The Commission ruled in 2010 that Tesco violated competition rules by...
by 21st Century Competition | Jun 11, 2014 | Global Blogs
Following the news that the European Commission is launching an investigation into Apple’s tax practices in Ireland, reports say the probe will also include the tax practices of other major companies, including Starbucks and Fiat, in more member states other...