French regulators have ordered Swiss conglomerate Nestle to pay more than $675 million plus legal fees to competitor Ethical Coffee following findings that Nestle acted unfairly against Ethical for making knock-off coffee capsules.
Nestle’s Nespresso, which is Europe’s largest single-serving coffee maker, had fought back against Ethical Coffee and other rivals …read more
Lithuanian competition regulators have imposed a record-setting fine on Russian gas giant Gazprom for harming competition in the nation, reports say.
Gazprom, which provides nearly one-third of Europe’s demand, was ordered to pay $48 million by Lithuanian officials. According to the Competition Council, Gazprom refused to negotiate a gas exchange deal …read more
While financial regulators in the UK have worked to introduce new regulations with the aim of boosting competition in the banking industry, the latest figures suggest a slow start to an industry overhaul.
According to reports, only 600,000 individuals switched their banks following the Current Account Switching Service’s introduction last September; …read more
Sources told reporters Monday that France wireless operator Iliad hit a roadblock in its efforts to acquire rival Bouygues due to a discrepancy between the firms over what the price of the deal should be.
According to reports, third-place Iliad offered an informal bid between $5.4 billion and $6.7 billion for …read more