by 21st Century Competition | May 12, 2014 | Global Blogs
US-based pharmaceutical giant Allergan has reportedly formally rejected an acquisition bid of nearly $50 billion for the company, proposed by Canadian peer Valeant Pharmaceuticals. According to reports, Allegan shot down the offer because it “substantially undervalues...
by 21st Century Competition | May 12, 2014 | Global Blogs
T-Mobile is reportedly seeking a $1 billion breakup fee should rival Sprint’s efforts to acquire the wireless company fail. T-Mobile parent company Deutsche Telekom is said to be seeking the $1 billion fee according to unnamed sources; the company is also...
by 21st Century Competition | May 12, 2014 | Global Blogs
Top English soccer club Manchester City, which scored its fourth English league title last weekend, will reportedly challenged a fine issued to the team for breaching Financial Fair Play rules and argue against the penalty using EU competition law. Man City was fined...
by 21st Century Competition | May 12, 2014 | Global Blogs
In what reports describe as a rare gesture, Michael Devine, a freelance programmer who was one of four plaintiffs named in a high-profile non-poaching suit against Silicon Valley’s largest firms, has reportedly sent a letter to US District Judge Lucy H. Koh...
by 21st Century Competition | May 12, 2014 | Global Blogs
On 15 February 2012, Cisco Systems and Messagenet appealed the Commission’s decision authorizing the purchase of Skype by Microsoft. On 11 December 2013, the General Court rendered its Judgment dismissing the application for annulment. As many readers of this...
by 21st Century Competition | May 11, 2014 | Global Blogs
The French territory of New Caledonia is set to establish a competition authority, reports say, after lawmakers initiated the process of modeling a regulator after France’s antitrust watchdog. Reports say the French overseas territories minister George...
