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US: Pharma consolidation advances with latest $1.46B deal (Competition Policy International)

by 21st Century Competition | Jun 1, 2014 | Global Blogs

The Federal Trade Commission announced Friday it has cleared the latest pharmaceutical merger proposal as a string of deals in the industry sweeps across the globe. Forest Laborites has been cleared to acquire Furiex Pharmaceuticals, a deal made for $1.46 billion,...

Russia: Duty-free industry quickly approaching monopoly status (Competition Policy International)

by 21st Century Competition | Jun 1, 2014 | Global Blogs

Russia’s Federal Antimonopoly Service released a study on the nation’s duty-free market and found it to be a near-monopoly, according to reports. The FAS announced on its website that two-thirds of border crossings had only one duty-free shop without any...

US: Class action challenges AT&T, DirecTV deal (Competition Policy International)

by 21st Century Competition | Jun 1, 2014 | Global Blogs

A class action lawsuit filed Thursday is looking to upend AT&T’s proposed acquisition of DirecTV, according to reports. DirecTV shareholder Teresa Silvestri has filed the lawsuit against the companies and their $48 billion deal on the grounds that the price...

US: Jos. A. Bank, Men’s Wearhouse battle comes to a close (Competition Policy International)

by 21st Century Competition | Jun 1, 2014 | Global Blogs

The merger battle between menswear retailers Jos. A. Bank and Men’s Wearhouse has come to a close as the Federal Trade Commission gave its approval for Men’s Wearhouse to acquire its rival. The merger followed months of debate between the two companies...

Australia: Indie beer brewers get help from ACCC (Competition Policy International)

by 21st Century Competition | Jun 1, 2014 | Global Blogs

The Australian Competition and Consumer Commission is reportedly taking up the task of investigating the nation’s two largest beer brewers following allegations they are abusing their market power to squeeze smaller competitors out of the market. Lion, along...

US: NCAA scrambles to delay antitrust trial yet again (Competition Policy International)

by 21st Century Competition | Jun 1, 2014 | Global Blogs

Athletic Association to delay an impending antitrust trial, reports say the NCAA has not given up yet and filed an emergency petition with the 9th US Circuit Court of Appeals to push back the June 9 date. The appeals court was asked to vacate US District Judge Claudia...
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