Author: 21st Century Competition

UK: Regulator aids Bitcoin entrance into financial services market (Competition Policy International)

The head of the UK’s Financial Conduct Authority announced plans to facilitate a boost of competition in the financial services industry, a goal that includes the introduction of Bitcoin into the market.

Martin Wheatley spoke last week to announce “Project Innovate,” the FCA’s plans to promote innovation and new entry into …read more

Hong Kong: Latham & Watkins cartel lawyer relocates (Competition Policy International)

A lawyer at Latham & Watkins has reportedly relocated to Hong Kong, the law firm announced this week.

Catherine E. Palmer will move to the firm’s Hong Kong location to continue her specialty on representing clients within global antitrust cartel probes. According to the firm, Palmer also specializes in global corruption, …read more

US: Pilgrim’s reacts to Tyson bid for Hillshire with jumbo offer (Competition Policy International)

A bidding war is brewing within the US food industry as rival bids for Hillshire Brands continue to heat up.

According to reports, Pilgrim’s Pride has put forward a nearly $8 billion offer for Hillshire in response to rival Tyson’s $6.8 billion bid.

Tyson announced its bid after Pilgrim’s first offered $6.4 …read more

France: D-Day broadcasters under antitrust fire (Competition Policy International)

As France is set to host top government leaders from around the globe on Friday to view events commemorating D-Day, reports say the event broadcasters are now under fire for alleged antitrust violations regarding the celebration.

The European Commission confirmed it is aware of complaints that accuse French broadcasters’ share of …read more