by 21st Century Competition | Jun 10, 2014 | Global Blogs
As IntercontinentalExchange looks to spin-off the Euronext exchange, which it acquired through its purchase of the New York Stock Exchange, reports say ICE expects an initial public offering of Euronext to fetch about $2.4 billion. ICE first announced plans to float...
by 21st Century Competition | Jun 10, 2014 | Global Blogs
French regulators have ordered Swiss conglomerate Nestle to pay more than $675 million plus legal fees to competitor Ethical Coffee following findings that Nestle acted unfairly against Ethical for making knock-off coffee capsules. Nestle’s Nespresso, which is...
by 21st Century Competition | Jun 10, 2014 | Global Blogs
Lithuanian competition regulators have imposed a record-setting fine on Russian gas giant Gazprom for harming competition in the nation, reports say. Gazprom, which provides nearly one-third of Europe’s demand, was ordered to pay $48 million by Lithuanian...
by 21st Century Competition | Jun 10, 2014 | Global Blogs
While financial regulators in the UK have worked to introduce new regulations with the aim of boosting competition in the banking industry, the latest figures suggest a slow start to an industry overhaul. According to reports, only 600,000 individuals switched their...
by 21st Century Competition | Jun 10, 2014 | Global Blogs
Sources told reporters Monday that France wireless operator Iliad hit a roadblock in its efforts to acquire rival Bouygues due to a discrepancy between the firms over what the price of the deal should be. According to reports, third-place Iliad offered an informal bid...