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US: PE firms settle M&A collusion claims (Competition Policy International)

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

Three private equity firms have reportedly agreed to settle allegations of anticompetitive behavior for a combined $325 million. According to reports, Blackstone Group, KKR and TPG Capital have settled allegations that they colluded with reach other and rivals to keep...

China: Foreign auto market crackdown shows no signs hitting the breaks (Competition Policy International)

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

Chinese regulators do not appear to be slowing down their crackdown on the foreign auto market. According to reports, the nation’s National Development and Reform Commission is reportedly probing Toyota Motor Corp as part of its investigation. Unnamed sources...

US: Broadcasting group challenges FCC rules (Competition Policy International)

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

The National Association of Broadcasters filed comments to the Federal Communications Commission on Wednesday challenging the regulator’s views on duopoly broadcast markets and other aspects of the industry, say reports. The rationale behind the FCC’s...

Asia: Budget airline Cebu Pacific eager for upcoming single market plan (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

As members of the Association of Southeast Asian Nations ready to launch a single market economy next year, reports say budget airline Cebu Pacific is expecting positive results from the plans that will open up new routes for the carrier. Cebu Air officials spoke with...

Kenya: Leading telco Safaricom sees challenges lifted for yumobile buy (Competition Policy International)

by 21st Century Competition | Aug 6, 2014 | Global Blogs

East Africa’s largest wireless operator Safaricom has reportedly received good news regarding its efforts to acquire Kenya operator yumobile. Kenya’s telco watchdog has reportedly withdrawn its objections to the $120 million acquisition. Now, reports say...
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