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US: Despite Senate setback, patent reform still a threat to trolls (Competition Policy International)

by 21st Century Competition | May 29, 2014 | Global Blogs

Last week the Senate Judiciary Committee shelved a proposed bill aimed at curbing patent abuse, but according to some experts, the setback does not mean patent trolls should not be concerned about patent reform. According to reports, Congress is set to pick up its...

UK: Sanctions against JPMorgan exec market manipulation upheld (Competition Policy International)

by 21st Century Competition | May 29, 2014 | Global Blogs

A City Tribunal has sided with the UK’s financial Conduct Authority in ruling that former JPMorgan executive Ian Hannam did, in fact, commit market abuse. Hannam had attempted to appeal the FCA’s fine of more than $750,000 after finding evidence of his...

China: Eye care firms, including Johnson & Johnson, hit with pricing fines (Competition Policy International)

by 21st Century Competition | May 29, 2014 | Global Blogs

China’s National Development and Reform Commission announced Thursday that it has issued fines to several eyewear and contact lens companies for anticompetitive behavior, according to reports. The NRDC announced on its website that it imposed more than $3...

US: Food fight intensifies, Tyson enters the ring with $6.8B Hillshire bid (Competition Policy International)

by 21st Century Competition | May 29, 2014 | Global Blogs

In the same week Pilgrim’s Pride threatened to derail Hillshire’s plans to acquire Pinnacle by bidding to acquire Hillshire itself, reports say the food fight is heating up as a new food giant, Tyson Foods, has entered the race. Tyson has reportedly...

EU: UK Treasury says competition fines enough for EC budget (Competition Policy International)

by 21st Century Competition | May 29, 2014 | Global Blogs

The European Commission is reportedly requesting EU member states to increase their 2014 contributions by nearly $3 billion, but the UK Treasury has reportedly spoken out against the proposal in favor of the Commission using its competition fines cover costs....
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