Author: 21st Century Competition

US: New York takes the wheel in Comcast merger case (Competition Policy International)

In the wake of New York’s overhauled cable franchise rules, reports say the state could pose as a major roadblock to the proposed merger between Comcast and Time Warner Cable, a deal that, up until recently, has focused itself in Washington.

According to reports, NY Governor Andrew Cuomo vowed last May …read more

US: ProMedica feud with FTC inches closer to SCOTUS (Competition Policy International)

The Federal Trade Commission’s antitrust lawsuit against ProMedica’s acquisition of St. Luke’s Hospital has come closer to reaching the Supreme Court as ProMedica has appealed an earlier ruling in the case to the 6th US Circuit Court of Appeals.

A three-judge panel sided with federal regulators last April when it decided …read more

Switzerland/France: Lafarge, Holcim could dump $7B in assets (Competition Policy International)

As cement giants Lafarge and Holcim pursue their merger with a plan that would create the world’s largest cement company, reports say the companies could divest billions of dollars worth of assets to secure antitrust approval for their tie-up.

Switzerland-based Holcim and France-based Lafarge have reportedly hired financial advisors to facilitate …read more

UK: Royal Mail pleads for Ofcom intervention (Competition Policy International)

Royal Mail has asked for communications watchdog Ofcom to intervene on its behalf as the postal service struggles to compete against TNT.

Royal Mail says rival TNT Post UK will cut Royal’s revenue by hundreds of millions of dollars and has asked Ofcom to launch a review into competition in the …read more