Author: 21st Century Competition

European Commission – State aid: Commission approves Greek financing of ELTA for transitory period (2013-2015) for universal postal service; opens in-depth investigation for 2016-2020

European Commission Press release Brussels, 1 August 2014 The European Commission has found direct subsidies granted by Greece to the state-owned postal incumbent Hellenic Post (ELTA) for the delivery of the universal service during a two-year or three-year transitory period (from 2013 until 2014 or 2015) to be in line… …read more

Canada: Cable giant acquires US assets for $1.2B (Competition Policy International)

Canadian cable conglomerate Shaw Communications is reportedly set to acquire US-based ViaWest, a $1.2 billion takeover that will expand Shaw’s data center operations.

The western Canadian cable giant announced its merger plans Thursday, noting that ViaWest will continue to operate as an independent subsidiary.

The move will allow Shaw to expand its …read more

US: DOJ sues to block aviation merger (Competition Policy International)

The US Department of Justice filed a lawsuit on Wednesday to block the proposed acquisition of Ross Aviation by Landmark Aviation, say reports, as the DOJ moves to force Landmark to divest key assets.

Landmark will need to sell certain fixed base operator assets after authorities found that the merger would …read more

UK: CMA rethinks rules for replacement cars (Competition Policy International)

The UK’s Competition and Markets Authority is said to be reconsidering earlier proposals to enforce price caps on the cost of replacement vehicles following a collision.

According to reports, the CMA first introduced the rules in June to seek public opinion on the matter. The new regulations would put price caps …read more