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China: Auto probe forces Jaguar price cuts (Competition Policy International)

by 21st Century Competition | Jul 25, 2014 | Global Blogs

Luxury automobile maker Jaguar has reportedly announced plans to lower prices in China as a direct result of an investigation into the pricing practices of several carmakers in the nation, according to reports. Jaguar Land Rover may reduce prices by up to 19 percent,...

UK: Construction merger could overhaul entire industry (Competition Policy International)

by 21st Century Competition | Jul 25, 2014 | Global Blogs

A proposed merger between two construction firms in the UK is seen as having only a 50/50 chance of proceeding, but if successful, analysts predict the deal could entirely overhaul the industry. Carillion and Balfour Beatty are in preliminary merger discussions,...

US: Regs may clear paper merger despite resulting 50% dominance (Competition Policy International)

by 21st Century Competition | Jul 25, 2014 | Global Blogs

Authorities may approve of a proposed merger between two major print media paper companies despite the fact that the newly merged company would hold more than 50 percent of the industry. Verso Paper is looking to acquire its rival NewPage in a $900 million deal. The...

UK: Lloyds braces for LIBOR fine (Competition Policy International)

by 21st Century Competition | Jul 25, 2014 | Global Blogs

The UK is set to fine Lloyds bank this week for allegations of manipulating the LIBOR benchmark rate, according to sources. A joint penalty issued by the UK and US is set to be announced this week by the bank, sources said, and fines could hit up to $500 million. The...

India: Tribunal may revive coal cartel case (Competition Policy International)

by 21st Century Competition | Jul 25, 2014 | Global Blogs

India’s Competition Appellate Tribunal may jumpstart an investigation into allegations of a coal cartel after a complainant filed an appeal of the Competition Commission of India’s original decision not to probe the matter. A lawyer had initially filed a...
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