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France: Siemens’ joint Alstom bid tops GE offer (Competition Policy International)

by 21st Century Competition | Jun 17, 2014 | Global Blogs

Siemens’ joint bid to acquire French turbine operator Alstom has now topped General Electric’s offer, according to reports. Germany-based Siemens announced last week it was partnering with Japan’s Mitsubishi Heavy Industries to acquire Alstom’s...

Switzerland: Top telco pursues merger to compete with Google (Competition Policy International)

by 21st Century Competition | Jun 17, 2014 | Global Blogs

Switzerland’s largest telecommunications carrier Swisscom has raised its bid to acquire advertising group PubliGroupe, reports say, as the telco looks to establish a new competitor against Google in the search industry. According to reports, PubliGroupe has...

Russia: Gas pipeline project begins as EU mulls its competition compliance (Competition Policy International)

by 21st Century Competition | Jun 17, 2014 | Global Blogs

The European Commission is currently reviewing whether the South Stream gas pipeline project of Serbia and Russia is in compliance with competition law, but that hasn’t stopped its contraction from starting. Russia announced Tuesday that the pipeline building...

US: Study finds mergers riddled with insider trading (Competition Policy International)

by 21st Century Competition | Jun 17, 2014 | Global Blogs

A recent paper written by three university professors suggests that up to 26 percent of mergers were accompanied by evidence of insider trading regarding the transaction. Patrick Augustin of McGill University, along with New York University professors Menachem Brenner...

EU: Commission confirms yet another Google complaint (Competition Policy International)

by 21st Century Competition | Jun 17, 2014 | Global Blogs

The European Commission confirmed Tuesday that Google has been hit with yet another antitrust complaint, compounding the technology conglomerate’s struggles in the EU where opposition continues to mount against the Commission’s proposed settlement in...

US: Apple settles states’ eBook suit – with one major catch (Competition Policy International)

by 21st Century Competition | Jun 17, 2014 | Global Blogs

Apple has reportedly reached a settlement agreement with 33 states that sued the technology giant for its role in fixing eBooks prices, reports say. The company struck a deal Monday and the parties are now seeking approval for the settlement by US District Judge...
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