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US: FCC ‘lacks basic data’ to regulate TV stations (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

The Federal Communications Commission is facing government scrutiny after the General Accounting Office suggested that the Commission lacks the necessary information to effectively and accurately regulate TV stations’ sharing agreements, say reports. The GAO,...

UK: Murdoch’s BSkyB deal saves cash for Time Warner (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

Rupert Murdoch-owned Twenty-first Century Fox is said to be gearing up for renewed efforts to acquire Time Warner in the US with a recent round of divestitures. According to reports, Fox reached a deal with BSkyB to sell all of its shares in Sky Italia and in Sky...

Spain: EU needs more time to mull Holcim, Cemex deal (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

The European Commission has reportedly extended its deadline to rule on Cemex’s proposed acquisition of rival Holcim in Spain. The Commission announced Tuesday that it will now decide on the transaction by the middle of September. Its previous deadline was early...

US: AmEx argues high fees are crucial to competition (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

American Express is defending its high interchange fees in court against claims by the US Department of Justice that those fees harm competition, according to reports. AmEx president of the company’s US consumer services business Joshua Silverman testified in...

UK: Former OFT slammed for ‘flawed’ pricing investigation (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

The former Office of Fair Trading, which was recently merged with the Competition Commission to become the Competition and Markets Authority, conducted a flawed competition probe into online hotel pricing companies, Skyscanner claims. According to reports, Skyscanner...
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