Author: 21st Century Competition

US: Despite Senate setback, patent reform still a threat to trolls (Competition Policy International)

Last week the Senate Judiciary Committee shelved a proposed bill aimed at curbing patent abuse, but according to some experts, the setback does not mean patent trolls should not be concerned about patent reform.

According to reports, Congress is set to pick up its task of patent reform after the recess …read more

UK: Sanctions against JPMorgan exec market manipulation upheld (Competition Policy International)

A City Tribunal has sided with the UK’s financial Conduct Authority in ruling that former JPMorgan executive Ian Hannam did, in fact, commit market abuse.

Hannam had attempted to appeal the FCA’s fine of more than $750,000 after finding evidence of his participation in insider trading related to the planned acquisition …read more

China: Eye care firms, including Johnson & Johnson, hit with pricing fines (Competition Policy International)

China’s National Development and Reform Commission announced Thursday that it has issued fines to several eyewear and contact lens companies for anticompetitive behavior, according to reports.

The NRDC announced on its website that it imposed more than $3 million in fines against Johnson & Johnson, Valeant Pharmaceutical-owned Bausch + Lomb and …read more

US: Food fight intensifies, Tyson enters the ring with $6.8B Hillshire bid (Competition Policy International)

In the same week Pilgrim’s Pride threatened to derail Hillshire’s plans to acquire Pinnacle by bidding to acquire Hillshire itself, reports say the food fight is heating up as a new food giant, Tyson Foods, has entered the race.

Tyson has reportedly offered $6.8 billion to acquire Hillshire, competing with Pilgim’s …read more