The French territory of New Caledonia is set to establish a competition authority, reports say, after lawmakers initiated the process of modeling a regulator after France’s antitrust watchdog.
Reports say the French overseas territories minister George Pau-Langevin announced an ordinance to create the authority has been penned in cabinet. New Caledonia …read more
Unless the Philippines adopts a comprehensive competition policy, the nation will remain subject to corporate fraud, according to economic expert Cecilio T. Arillo.
In an op-ed, Arillo calls for antitrust law to be implemented in the Philippines to protect against monopolies and other financial frauds including tax evasion and smuggling, calling …read more
South Africa’s Competition Commission is reportedly probing steel company ArcelorMittal for allegations of “excessive pricing.”
The steelmaker announced Friday it was under investigation by regulators for pricing policies regarding its tinplate and flat steel products and the surcharges the company introduced between May and July in 2010.
The company, which is South …read more
Top eyeglass manufacturers in China are reportedly cutting their prices by as much as 30 percent in the midst of an antitrust probe into the industry.
China’s National Development and Reform Commission first began investigating the market last August when it launched a wide-scale project to examine industries that earned what …read more