Author: 21st Century Competition

US: Lobstermen convince judge to lift antitrust rules (Competition Policy International)

After a group of lobstermen petitioned to have certain antitrust restrictions on their business lifted, reports say a federal judge has decided to lift a consent decree that had been in place since 1958.

The Maine Lobstermen’s Association has asked the US Department of Justice, which first implemented the rules, to …read more

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

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, the company said Friday. The move is …read more

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

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, according to reports. The two are the UK’s largest …read more

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

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 companies compete in the industry …read more