Author: 21st Century Competition

Hong Kong: Government announces latest Competition Commission appointment (Competition Policy International)

To fill the vacancy left by Larry Kwok Lam-kwong, Albert Wong Kwai-huen has been appointed to the Hong Kong Competition Commission, according to a press release.

His appointment as a member of the Commission became effective June 1. There are 13 total members of the Commission.

Competition officials in Hong Kong …read more

US: Experts doubt Amazon/publisher dispute will catch antitrust attention (Competition Policy International)

As critics called for US antitrust regulators to pay closer attention to Amazon’s recent aggression against book publisher Hachette, the latest reports say experts doubt authorities will take much notice.

Amazon is deliberately delaying Hachette book deliveries and has removed some Hachette pre-order options from the online retail side, reports say. …read more

Canada/US: Valeant shocks with even larger Allergan offer (Competition Policy International)

Valeant Pharmaceuticals surprised the industry late last week when it upped its offer to acquire Allergan, the second such bid increase in a single week.

The Canadian company reportedly boosted its offer to $53 billion to acquire the Botox manufacturer. The offer stacks up at $72 a share, increased from last …read more

US: Apple fails to delay state eBooks damages trial (Competition Policy International)

A Federal Appeals Court denied Apple’s request for a stay in a case in which 33 states are seeking damages of up to $800 million from Apple’s alleged eBooks price-fixing scheme, according to reports.

Apple had requested the stay because another appeal is currently underway regarding whether class action status should …read more