United Arab Emirates-based airline Etihad has reportedly confirmed Sunday it is close to reaching a final agreement with Italian peer Alitalia for a merger deal.
The companies issued a joint statement early this week to announce Etihad’s plans to submit a formal letter to Alitalia’s board of directors in only a …read more
Car safety equipment maker Autoliv has reportedly settled three antitrust lawsuits against the company after being accused of price-fixing.
The Switzerland-based firm is expected to shell out about $65 million to settle the class action cases filed after various antitrust investigations into Autoliv initiated by several jurisdictions around the globe. The …read more
Poland is reportedly vying to get one of its own into the European Commission as it looks to strengthen its influence among EU competition policy.
The nation’s foreign minister Radoslaw Sikorski is seen as Poland’s top candidate to become the next EU foreign policy chief, though he was described as a …read more
The Egyptian Competition Authority received a victory Sunday when a federal court upheld regulators’ fine of $10.3 million on the Egyptian Company for Mobile Services, according to reports.
The fine was originally imposed for the wireless company’s lack of cooperation with antitrust officials when the Authority requested information from the company. …read more