Author: 21st Century Competition

EU: Fish farmers hit with penalties for merger haste (Competition Policy International)

Norway-based fish farmers Marine Harvest have been fined millions of dollars by the European Commission for consummating a merger before securing antitrust clearance.

According to reports, the Commission issued a fine of $27 million on the company, the world’s largest fish farmer with about one-fifth of the global market share. The …read more

India/UAE: Jet, Etihad tie-up opens international skies (Competition Policy International)

The planned joint venture between India’s Jet Airways and the United Arab Emirates’ Etihad means both will have access to new international routes far beyond India and the UAE.

According to reports, the partnership will allow Jet to fly to the EU, China, Australia and more. For Etihad, the deal means …read more

Canada: Leading telco spends $4B in latest takeover (Competition Policy International)

Canada’s largest telecom company BCE announced Wednesday that it would take regional competitor Bell Aliant private in a $3.68 billion takeover.

BCE’s plan involves purchasing the 56 percent of Bell Aliant it does not already own as the company looks to cut costs and expand services along the Atlantic region of …read more

Brazil: Nation lauds Telefonica competition efforts (Competition Policy International)

Brazil’s communications authorities recognize the efforts of Spain’s Telefonica to address competition concerns in the nation, according to reports.

Communications Minister Paulo Bernardo said Wednesday that the wireless giant is “clearly working to address” the problems, according to reports, that have been mounting over Telefonica’s market share in the South American …read more