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India: Water irrigation deal cleared, merges US and Israeli firms (Competition Policy International)

by 21st Century Competition | May 20, 2014 | Global Blogs

The Competition Commission of India has reportedly given its approval for the merger of water irrigation systems companies FIMI V 2012 and Deere & Company. Israel-based FIMI V will acquire US-based Deere to merge their water segment operations that include the...

Italy: TripAdvisor probe follows look into Expedia, Booking.com (Competition Policy International)

by 21st Century Competition | May 20, 2014 | Global Blogs

Soon after Italy’s antitrust regulator launched an investigation into hotel and travel booking websites Expedia and Booking.com, reports say authorities are now probing travel review site TripAdvisor. The website is reportedly under watch over allegations it...

UK: Ofcom allows BT wholesale pricing freedom (Competition Policy International)

by 21st Century Competition | May 20, 2014 | Global Blogs

UK communications authority Ofcom said it will not regulate the prices BT charges rivals for wholesale fiber-optic network for broadband services, reports say. BT sells the use of its network to competitors including TalkTalk and BSkyB through its wholesale unit...

EU: Commission takes action over bank rate-rigging scandal (Competition Policy International)

by 21st Century Competition | May 20, 2014 | Global Blogs

The European Commission has reportedly found evidence that major banks JPMorgan Chase, HSBC and Credit Agricole colluded to manipulate the interbank lending benchmark known as Euribor. Reports say the Commission has sent a statement of objections to the banks...

US: Mega flour merger gets a pass (Competition Policy International)

by 21st Century Competition | May 20, 2014 | Global Blogs

The largest flour mill in the US has just gotten even bigger after the US Department of Justice approved of merger plans, say reports. Top flour mill Horizon Milling, a joint venture of Cargill and CHS, will merge with ConAgra Foods in a transaction that will...
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