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Australia: Federal budget adds new burdens to ACCC (Competition Policy International)

by 21st Century Competition | May 13, 2014 | Global Blogs

The Australian Competition and Consumer Commission is reportedly set to take on new burdens as a federal budget has either consolidated or eliminated 70 federal regulators. The plans will come into full effect by July of next year, a move that includes the elimination...

US: Jimmy Dean strikes $4.3B deal with fellow food giant (Competition Policy International)

by 21st Century Competition | May 13, 2014 | Global Blogs

Hillshire Brands, which makes Jimmy Dean meat products, is reportedly set to acquire other food brand giants in the US with a $4.3 billion deal. Hillshire is set to merge with Pinnacle Foods, a deal that would add brands including Birds Eye frozen foods, Duncan Hines...

Italy/Spain: Mediaset may challenge Telefonica to $1B bidding war (Competition Policy International)

by 21st Century Competition | May 13, 2014 | Global Blogs

Telefonica has offered to acquire Spain-based pay-TV firm Prisa, but Italy’s Mediaset is reportedly ready to match Telefonica’s $1 billion offer – or even surpass it. According to reports, the Italian firm controlled by former Italy Prime Minister Silvio...

US: AT&T, DirecTV deal may add another $50B deal on FCC’s agenda (Competition Policy International)

by 21st Century Competition | May 13, 2014 | Global Blogs

AT&T is the latest media company reportedly looking to upend the industry as it is looking to acquire cable operator DirecTV in a $50 billion deal. It’s a transaction reports say will likely lead to similar debate, speculation and attention seen by Comcast...

India: Another probe ordered on Google (Competition Policy International)

by 21st Century Competition | May 13, 2014 | Global Blogs

Two years since the Competition Commission of India first launched an investigation into Google, the regulator ordered yet another probe into the US Internet search conglomerate Tuesday, according to reports. Google’s advertisement service AdWords has been under...
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