Category: Global Blogs

US: FTC needs more info on $43B healthcare supply takeover (Competition Policy International)

The Federal Trade Commission has reportedly requested more information regarding the $42.9 billion takeover of healthcare supplies company Covidien.

Market leader Medtronic’s plans to acquire Covidien could now be delayed, say reports, after Medtronic revealed in a filing that the FTC needs more information regarding the transaction. The second request for …read more

New Zealand: Supermarket giant ditches supplier conference after bullying claims (Competition Policy International)

Supermarket conglomerate Progressive Enterprises is reportedly planning to be a no-show at its suppliers’ annual conference following allegations that the supermarket bullied those suppliers with anticompetitive practices.

According to reports, Progressive, which runs the New Zealand-based Countdown supermarket chain, was accused of demanding retrospective payments from its suppliers and, if they …read more

US: Viacom launches fraud accusations at Cablevision in TV bundling feud (Competition Policy International)

In direct response to an antitrust lawsuit brought against it by broadcast giant Cablevision, Viacom is reportedly accusing its rival of fraud and demanding that it lose its rights to exclusively broadcast popular programming.

According to reports, Viacom has filed counterclaims against Cablevision accusing the company of fraudulent behavior when working …read more

India: CCI awaits results of Google investigation (Competition Policy International)

The Competition Commission of India is reportedly awaiting the report from its investigative arm of an inquiry into Google and allegations of anticompetitive abuses in the nation.

In a statement, the CCI said it received information of abuse of dominance by Google; in response, the authority said, it ordered its director …read more