Author: 21st Century Competition

EU: P3 shipping alliance gets a pass, China ruling up next (Competition Policy International)

The European Commission announced late Tuesday that it has approved of the proposed shipping alliance known as P3 between three of the world’s largest market players.

According to reports, Moller-Maersk, the world’s largest shipping container company, Swiss-based Mediterranean Shipping Company and France-based CMA CGM will be allowed to proceed with their …read more

Mexico: America Movil, Televisa can keep exclusive sports broadcasting rights (Competition Policy International)

Mexico telco authorities will reportedly allow the nation’s top telco America Movil and top cable company Grupo Televisa to maintain their exclusive sports broadcasting deals.

America Movil currently has the exclusive rights to broadcast the 2016 Olympics, while Televisa has exclusive rights to broadcast World Cup matches this year, in 2018 …read more

Japan: Insurer strikes record $5.7B buyout in the US (Competition Policy International)

Japanese insurer Dai-ichi Life Insurance has reportedly reached a deal with US-based Protective Life to merge in a $5.7 billion agreement.

According to reports, the transaction marks the largest buyout of a foreign company by a Japanese insurance firm in history; the deal is set to create the world’s thirteenth-largest insurer, …read more

EU: Blocked Deutsche Boerse, NYSE Euronext deal lands in General Court (Competition Policy International)

The EU’s second-highest court heard arguments over the European Commission’s decision to block Deutsche Boerse’s attempted merger with NYSE Euronext, reports say.

While Deutsche Boerse may not necessarily be looking to resurrect the failed stock exchange merger, blocked by the Commission in 2012, reports say Deutsche Boerse is fighting the …read more