A controversial settlement offered by Visa and MasterCard to retailers that sued the companies over swipe-fees is now being challenged as the National Retail federation and the Retail Industry leaders Association has asked an appeals court to overturn the settlement’s approval.
According to reports, the retail groups opposed of the $5.7 …read more
A few days ago I wrote a short post on some of the innovative and new media related ways competition/antitrust enforcement agencies were endeavoring to enforce competition law, raise competition law awareness and encourage compliance (see: Competition Policy: Agencies Growing Digital Channels).
Voices that relativise the problems with Article 102 TFEU case law are not infrequent. It may be true that the case law is not beyond reproach in all respects, the argument goes, but perfection is not of this world. The fact that rulings are often criticised simply …read more
Online travel booking firm Priceline.com announced Friday it reached an agreement to acquire restaurant reservation website OpenTable, a $2.6 billion deal set to expand Priceline’s end-to-end travel booking operations.
According to reports, Priceline’s business is largely international; about 85 percent of its bookings were made outside the US last year, reports …read more