by 21st Century Competition | May 27, 2014 | Global Blogs
Three Japanese car parts manufacturers have been slammed with $7.42 million in fines for price-fixing claims by Singapore antitrust authorities, reports say. The Competition Commission of Singapore issued the fines against Nachi Fujikoshi, NSK and NTN. The sanctions...
by 21st Century Competition | May 27, 2014 | Global Blogs
Germany engineering giant Siemens has reportedly appealed to French lawmakers to promote its planned acquisition of French competitor Alstom in part of the company’s plans to strengthen its position against US rival General Electric. According to unnamed...
by 21st Century Competition | May 27, 2014 | Global Blogs
The UK’s Financial Conduct Authority has reportedly imposed fees of $43.9 million onto major bank Barclays for allegedly manipulating gold prices. According to reports, the FCA found Barclays traders manipulated the gold benchmark fix between 2004 and 2013....
by 21st Century Competition | May 27, 2014 | Global Blogs
The European Commission announced it will decide by July 2 on whether to allow UK-based telco giant Vodafone’s nearly $10 billion acquisition of Spain’s Ono. The regulator reportedly announced Monday that it has set the deadline. Vodafone first announced...
by 21st Century Competition | May 27, 2014 | Global Blogs
Just days after UK pharmaceutical firm AstraZeneca rejected a $119 billion acquisition bid, Pfizer says it will no longer pursue the acquisition, ending the chances of a new top industry player of emerging. Pfizer announced Monday it would no longer pursue AstraZeneca...