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UK: Car insurance needs a makeover, CMA says (Competition Policy International)

by 21st Century Competition | Jun 12, 2014 | Global Blogs

The UK’s Competition and Markets Authority is reportedly looking to overhaul the car insurance industry to lower prices after an investigation found unnecessary costs for customers. According to reports, the CMA suggested placing a cap on replacement car charges...

US: MoFo antitrust partner wins legal writing award (Competition Policy International)

by 21st Century Competition | Jun 12, 2014 | Global Blogs

A Morrison & Foerster partner and antitrust lawyer has reportedly received the Burton Award for Legal Achievement, according to reports. Charles Barquist won the award to recognize his excellence in legal writing. Presented in conjunction with the Law Library of...

France: Failed Bouygues deals force government to act (Competition Policy International)

by 21st Century Competition | Jun 12, 2014 | Global Blogs

After two Bouygues mergers failed, reports say the French government is now scrambling to promote telco mergers and protect jobs. According to reports, Bouygues announced plans Wednesday to cut 17 percent of its workforce after two separate deals failed to pan into a...

US: Goldman, Bain settle M&A bid-rigging lawsuit (Competition Policy International)

by 21st Century Competition | Jun 12, 2014 | Global Blogs

Goldman Sachs and Bain Capital have reportedly reached a settlement deal to end litigation against the firms for allegedly colluding to drive down the price of acquisitions ahead of the financial crisis. According to court documents filed Wednesday, Goldman and Bain...

EU: Intel learns fate of 5-year-old antitrust fine (Competition Policy International)

by 21st Century Competition | Jun 12, 2014 | Global Blogs

Intel failed to appeal its $1.5 billion antitrust fine at the EU’s second-highest court, according to reports. The EU General Court backed the European Commission Thursday when it denied Intel’s appeal of an abuse of dominance fine issued to the company in...

US: Reed Smith antitrust member wins global management job (Competition Policy International)

by 21st Century Competition | Jun 12, 2014 | Global Blogs

The former chairman of Reed Smith’s litigation department has beat out the competition to become the law firm’s next global managing partner, reports say. Alexander Y. Thomas scored the new position, beating out Philadelphia-based partner John Martini....
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