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Australia: Price-fixing airlines cough up millions to settle class action (Competition Policy International)

by 21st Century Competition | Jun 7, 2014 | Global Blogs

A class action launched in 2007 against several air cargo competitors found to have colluded to fix service prices has been cleared for settlement, reports say. A judge approved Friday of a $35 million settlement to be paid to air cargo customers by Qantas Airways,...

Mexico: Antitrust watchdog to crackdown on long-ignored banking sector (Competition Policy International)

by 21st Century Competition | Jun 7, 2014 | Global Blogs

Mexico’s recently revamped competition authority is slated to review the nation’s banking sector, which has gone largely ignored by regulators for several years, according to reports. Mexico’s federal Economic Competition Commission told reporters...

Brazil: Telefonica going to court over foothold in Brazil (Competition Policy International)

by 21st Century Competition | Jun 7, 2014 | Global Blogs

Spain’s largest telecommunications company Telefonica is reportedly expected to go to court with Brazilian regulators after the company lost an appeal of a ruling requiring Telefonica to loosen its grip in the South American nation. Brazil antitrust regulator...

US: Tough road ahead for Sprint, T-Mobile (Competition Policy International)

by 21st Century Competition | Jun 7, 2014 | Global Blogs

Experts warn wireless rivals Sprint and T-Mobile have a tough road ahead to secure antitrust clearance for their proposed merger that appears to be in the works, reports say. According to analysts, share drops experienced by both companies show how competitive issues...

Italy: Hutchison merger spree resumes with Vimpelcom talk (Competition Policy International)

by 21st Century Competition | Jun 7, 2014 | Global Blogs

Hutchison Whampoa’s 3 Group only recently received clearance by the European Commission to acquire Ireland’s O2 wireless competitor, but that deal won’t slow Hong Kong telco’s merger plans. According to reports, Hutchison Whampoa is in talks...
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