Author: 21st Century Competition

US: FTC, DOJ issue joint M&A report (Competition Policy International)

The US Federal Trade Commission and the Department of Justice have released their 36th annual Hart-Scott-Rodino Annual Report (FY13), according to a press release offered by the agencies.

In breaking down the numbers, the regulators announced 1,326 transactions were filed, a 7.2 percent decrease from the year prior.

Despite the decrease, the …read more

Mexico: Real estate trust makes $1.8B portfolio buy (Competition Policy International)

Mexico-based real estate investment trust Fibra Uno announced plans to acquire a portfolio of 15 properties in a $1.8 billion deal.

According to reports, Fibra Uno made a regulatory filing announcing the acquisition. The company said it engaged in more than six months of negotiations.

The trust, which is the largest such …read more

India: Troubled stock exchange to merge with largest shareholder (Competition Policy International)

The largest shareholder in the United Stock Exchange has reportedly announced plans to merge with USE to aid its struggling currency trading operations.

The board of BSE has reportedly voted to merge with USE. Reports say BSE’s plan will allow the stock exchanges to more adequately compete with its largest rival …read more

Japan: US DOJ announces latest auto parts price-fixing grab (Competition Policy International)

The US Department of Justice announced Thursday that an executive of a Japanese auto parts manufacturer has been indicted in Detroit for charges of price-fixing, the latest in the DOJ’s crackdown on the price manipulation case.

According to the DOJ, an indictment was filed Thursday that accuses Hitoshi Hirano of participating …read more