Imagine that a drug manufacturer figured out how to compete with a blockbuster drug by making a cheaper and more effective alternative. The pharmaceutical company that makes the blockbuster drug starts flooding the market with false advertisements about the safety of the alternative drug before it is even available to …read more
European Commission Press release Brussels, 13 August 2014 The European Commission has concluded that the restructuring plan of the Slovenian bank Abanka Vipa (Abanka) is in line with EU state aid rules. The Commission has found, in particular, that the restructuring plan will enable Abanka to become viable in the… …read more
European Commission MEMO Brussels, 13 August 2014 In 2008/2009, the Commission adopted a temporary state aid framework to enable Member States to deal with financial problems in systemic banks, as well as support access to finance for real economy firms. …read more
Top South Africa wireless operator Telkom has reportedly moved a step closer to completing its $250 million takeover of technology firm Business Connexion.
Reports say BCX shareholders overwhelmingly voted to approve of the acquisition, which will now face the nation’s Competition Commission and telecommunications regulator Icasa.
According to reports, this marks the …read more