The US International Trade Commission unanimously offered a preliminary ruling that favored the US sugar industry in its argument that Mexico rivals are harming competition.
According to reports, US sugar companies accused its Mexican counterparts of unfairly subsidizing sugar imports and selling sugar products in the US at below-marked pries.
The ITC’s …read more
The world’s largest cable maker, Italy-based Prysmian, is reportedly not pursuing a merger with France-based rival Nexans, according to a source close to Prysmian.
Reports say earlier reports of a possible deal are not true despite an Italian newspaper’s article claiming Prysmian head Valero Battista had raised such a merger possibility …read more
Canada’s Competition Bureau said Friday that it is suspending its investigation into Canadian National Railway, launched following allegations of anticompetitive pricing, because of insufficient evidence in the case, according to reports.
In a statement, the Bureau announced that it believed “at this time, there is insufficient evidence to support further investigation …read more
China Airlines will reportedly pay a hefty antitrust fine after the company was sued by US consumers for allegedly fixing air cargo shipment prices.
China Airlines has agreed to pay a $90 million fine, a settlement that follows 21 other airlines’ agreement to settle, reports say. Shipping consumers filed the lawsuit …read more