Category: Global Blogs

EU: Almunia wants rate-rigging cases closed (Competition Policy International)

European Commissioner Joaquin Almunia is looking to tie up loose ends before he exits the position later this year.

According to reports, the Commissioner said he hopes to end cases into major banks accused of benchmark interest rate manipulation by October, when he steps down from his post. Top lenders including …read more

France: Numericable secures Virgin Mobile buy (Competition Policy International)

Just two months after Numericable emerged victorious after a bidding war to acquire wireless operator SFR, the French cable company has reportedly struck a deal to acquire Virgin Mobile France.

Reports say Carphone Warehouse, which is in the midst of its own takeover process of Dixons, will sell its 46 percent …read more

EU: Roaming fees cut in time for summer holidays (Competition Policy International)

As summer holiday planning gets underway, the European Commission has enacted rules that cut wireless roaming fee charges, reports say.

The price cuts, which come into effect today, apply to all 28 EU member states, Iceland, Norway and Liechtenstein, though do not apply to Switzerland, reports say.

Roaming costs have been regulated …read more

UK: Eurotunnel defiant in wake of CMA ruling (Competition Policy International)

Eurotunnel, which late last week said it was blindsided by a ruling by the Competition and Markets Authority ordering the ferry servicer to cease operations on certain routes, has defiantly published its MyFerryLink schedule for the rest of the year, according to reports.

The CMA gave Eurotunnel six months to end …read more