The UK is now reportedly looking to make prison terms a possible sanction against individuals found to have violated competition law within the gas and electricity industries.
According to reports, the Department of Energy and Climate Change announced Wednesday that the government is looking to introduce new criminal sanctions next spring …read more
China’s National Development and Reform Commission said Wednesday that it will fine 12 Japanese manufactures of auto parts for anticompetitive behavior, an announcement it made simultaneously with news that Audi and Chrysler would similarly be sanctioned.
The NDRC announced that it would soon lodge fines against a dozen Japanese makers …read more
The head of the Federal Communications Commission lauded the news that Sprint parent company SoftBank would end discussions with T-Mobile parent company Deutsche Telekom to strike a merger, say reports.
Tom Wheeler said Wednesday that maintaining the US wireless market with four major players is “good for American consumers.” Further, he …read more
Sprint and T-Mobile, the nation’s third- and fourth-largest wireless operators, respectively, have reportedly called off their highly publicized plans to merge.
According to reports, Sprint is set to announce Wednesday that it will no longer pursue a takeover of its smaller rival. Experts suspect Sprint, owned by SoftBank, has finally accepted …read more