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Brazil/Japan: Sugar conglomerate buys out joint venture (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Brazilian sugar and ethanol operations owned by Bunge has reportedly received approval to acquire the rest of a joint venture it runs with Itochu. Brazil’s antitrust authority CADE has cleared Japan-based Bunge to purchase the 20 percent stake in their joint...

Vietnam: Cross-boarder deals eyed to boost economy (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Vietnam officials are reportedly in discussions with Turkey, Hungary and other nations in hopes of encouraging cross-boarder mergers to boost the local economy. Budapest-based IMAP MB Partners had reportedly been advising Vietnamese companies on possible deals abroad,...

Brazil: Merck fined for pay-for-delay deal (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Pharmaceutical conglomerate Merck has been issued a fine of $1.8 million by Brazilian antitrust authorities for engaging in pay-for-delay agreements. Antitrust regulator CADE lodged the fine in response to Merck’s attendance at a meeting joined by top rivals...

China: General Motors becomes latest antitrust target (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

As China continues its investigation into foreign auto companies, General Motors has confirmed that it has been contacted in the nation by antirust officials. GM said its passenger-vehicle joint venture in the nation was contacted by the National Development and...

Bulgaria: EU investigation finds energy market violations (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

The European Commission announced preliminary findings of its investigation into Bulgaria’s energy industry on Tuesday, saying that it has found evidence that state-owned companies in the nation have breached competition law. Bulgaria Energy Holding, which is...
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