by 21st Century Competition | Jul 30, 2014 | Global Blogs
Bulgaria’s largest state natural gas provider has been fined nearly $16 million for abusing its market power, according to reports. The nation’s Commission for Protection of Competition announced the fines against Bulgargaz on Wednesday, noting that the...
by 21st Century Competition | Jul 30, 2014 | Global Blogs
Hungarian competition authorities have reportedly raided the local offices of French pharmaceutical conglomerate Sanofi in part of an investigation into suspicions that the company abused its market dominance. Reports say the competition regulator GVH searched the...
by 21st Century Competition | Jul 30, 2014 | Global Blogs
Japan-based ANA Holdings has reportedly cancelled its plans to acquire a 49 percent stake in Burma-based Asian Wings Airways. Reports say ANA, the parent company of All Nippon Airways, first announced last August that it would buy the stake for $25 million. But in a...
by 21st Century Competition | Jul 30, 2014 | Global Blogs
Paccar has reportedly denied allegations that the commercial truck maker and owner of the Peterbilt and Kenworth brands is seeking a merger with Germany’s Volkswagen. On a conference call Tuesday, Paccar Chief Executive Ron Armstrong said “there have been...
by 21st Century Competition | Jul 30, 2014 | Global Blogs
US-based chemicals conglomerate Huntsman has reportedly offered more concessions to EU regulators in efforts to win approval to acquire Rockwood Holdings assets. Reports say Huntsman, which is looking to acquire Rockwood’s titanium dioxide pigment operations for...
