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UK: Pfizer champions uncertain AstraZeneca deal (Competition Policy International)

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

The head of US pharmaceutical conglomerate Pfizer defended plans to acquire UK rival AstraZeneca as Pfizer chief executive Ian Read spoke to a panel of British lawmakers about the deal. ”We don’t see any substantial antitrust issues on this deal anywhere in the...

US: Apple’s secret M&A plans may increase in transparency (Competition Policy International)

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

Apple was once known for moving slowly in its mergers and acquisitions agenda. According to reports, the company made 15 “strategic acquisitions” in 2013, a number considered high for the tech giant. But with the news that Apple is pursuing a buyout of Beats Music in...

European Commission – State aid: Commission approves amendments to restructuring plan of UK bank Lloyds Banking Group

by 21st Century Competition | May 13, 2014 | European Commission

European Commission Press release Brussels, 13 May 2014 The European Commission has concluded that proposals by the UK authorities to amend conditions for the divestment of Lloyds Banking Group’s (LBG) UK retail business, in the context of LBG’s...

Interview with Hollis Salzman (Competition Policy International)

by 21st Century Competition | May 12, 2014 | Global Blogs

CPI spoke with antitrust litigator Hollis Salzman (Robins, Kaplan, Miller & Ciresi) regarding her role in the global, high-profile auto parts price-fixing saga. Read what she had to say about the future of the case and how much the collusion will affect the US...

France: Auchan unloads 55 stores for Casino acquisition (Competition Policy International)

by 21st Century Competition | May 12, 2014 | Global Blogs

France-based retailer Auchan has reportedly agreed to sell 55 stores to appease the French Competition Authority and gain approval to acquire 25 Casino stores in Paris. Auchan first looked to acquire the stores to develop its supermarket assets; additional Casino...
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