Authorities in China are hoping to encourage more mergers and acquisitions by relaxing rules for companies to buy, sell or swap assets, say reports.
China’s Securities Regulatory Commission announced Friday that listed firms will now longer need its approval when engaging in M&A activity as long as they are not conducting …read more
A top executive for Discover Financial Services took the stand Thursday to testify in a lawsuit filed by the US Department of Justice against Discover rival American Express.
According to reports, Discover president and COO Roger Hochschild testified against AmEx and said it would offer incentives to merchants to encourage the …read more
WKB Wierciński, Kwieciński, Baehr Sp. k., Poland
Part 1 – fines for individuals
On 10 June 2014, the Polish Parliament adopted a significant set of amendments to the Polish Competition Law Act (the “Act”). Having received Presidential approval on 30 June 2014, …read more
(by Sven Gallasch) On 9 July 2014 the European Commission announced its decision to impose a fine of €427.7 million on French drug maker Servier and five generic companies in relation to so-called ‘pay for delay’ settlements concerning Servier’s bestselling blood pressure drug perindopril. The case differs from the Commission’s …read more