Category: Global Blogs

Hong Kong: Consumer advocates eager for supermarket crackdown (Competition Policy International)

While Hong Kong awaits the launch of its new competition law next year, consumer advocates are anxiously waiting for regulators to crack down on the supermarket industry.

According to reports, some experts are observing price manipulation, market dominance abuse and other anticompetitive behavior in the grocery industry. The market is lead …read more

India: Authorities push pubic awareness of competition compliance (Competition Policy International)

In efforts to educate the public on compliance to competition policy, the Competition Commission of India is reportedly set to establish clear, well-defined guidelines to facilitate adherence to the law.

According to reports, those guidelines will be put in the public domain to aid understanding to antitrust rules. “Compliance is like …read more

Switzerland: Petrochemical firm buys out of joint venture (Competition Policy International)

Petrochemical conglomerate Ineos announced Monday that it has purchased chemical group BASF’s share of the companies’ joint venture.

The Swiss company acquired BASF’s 50 percent stake in the partnership, known as Styrolution, in a $1.5 billion transaction. The joint venture was launched in 2011.

While the acquisition remains subject to approval from …read more

Spain/US: Madrid divestitures could aid tobacco merger (Competition Policy International)

While two US tobacco giants are likely facing antitrust issues in their quest to merge, reports say deal from Spain could aid the transaction.

Reynolds American has been looking to acquire Lorillard for several months, reports say, though sources have told reporters that antitrust issues are one of several complications of …read more