Author: 21st Century Competition

Canada: Nearly half of companies planning mergers (Competition Policy International)

A survey released Monday by Grant Thornton LLP predicts a new wave of mergers and acquisition in Canada as the data showed that nearly half of Canadian companies are considering deals in the near future.

According to reports, 45 percent of all Canadian executives have said they “seriously considered” at least …read more

US: Google triples M&A spending in one year (Competition Policy International)

Google has reportedly more than tripled its spending on mergers and acquisitions over the course of a year as part of efforts to diversify the company’s service offerings.

Reports say Google has spend $4.2 billion in the first half of the year – $3.2 billion of which was spent on acquiring …read more

China: Audi latest to slash prices amid market probe (Competition Policy International)

Audi is the latest luxury automobile manufacturer to make changes to its product pricing in the wake of an investigation into the industry by China’s National Development and Reform Commission, say reports.Audi, owned by Volkswagen, announced Saturday it will reduce spare parts prices in China, though in its statement the …read more

US: Silver price manipulation claims hit top banks (Competition Policy International)

A lawsuit has been filed in the US against three of the world’s largest banks accusing the lenders of manipulating the silver benchmark.

According to reports, J Scott Nicholson filed the suit against HSBC, Deutsche Bank and the Bank of Nova Scotia for fixing silver prices by abusing their positions on …read more