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US: Office Depot to close hundreds of stores after OfficeMax buyout (Competition Policy International)

by 21st Century Competition | May 6, 2014 | Global Blogs

Office supply retailer Office Depot is reportedly slated to close 400 stores in the nation following its acquisition of rival OfficeMax to reduce overlap between the two companies. According to reports, the closings will save the firm about $75 million a year by the...

UK: Freshfields finds new leader for London antitrust practice (Competition Policy International)

by 21st Century Competition | May 6, 2014 | Global Blogs

Law firm Freshfields Bruckhaus Deringer has announced Simon Priddis has been appointed as the new head of its antitrust, competition and trade practice in London. According to a press release by the firm, Priddis follows Rod Carlton after two terms at the position....

EU: Intel to receive ruling on record antitrust fine appeal next month (Competition Policy International)

by 21st Century Competition | May 6, 2014 | Global Blogs

Europe’s second-highest court will reportedly decide next month on US-based chipmaker Intel’s appeal of a record-breaking antitrust fine levied against the company by the European Commission. According to a court official, the EU General Court will make...

Global: Years of gold price-fixing rumors boil over into federal court (Competition Policy International)

by 21st Century Competition | May 6, 2014 | Global Blogs

After years of rumors and suspicion that the gold market has been subjected to price manipulation, the accusations have reached its boiling point Monday as more than 20 plaintiffs met in federal court to discuss coordinating their lawsuits. The first of these lawsuits...

EU: Almunia eyes possible Roche, Novartis collusion (Competition Policy International)

by 21st Century Competition | May 6, 2014 | Global Blogs

European Commissioner Joaquin Almunia has reportedly confirmed that he is “gathering information” regarding allegations that pharmaceutical giants Roche Holding and Novartis colluded to prevent the sale of an eye disease treatment in favor of selling the...

US: After damages dispute, Samsung to pay Apple for patent infringement (Competition Policy International)

by 21st Century Competition | May 6, 2014 | Global Blogs

After a month-long trial, reports say Samsung has been ordered to pay $119.6 million to rival Apple for infringing upon its smartphone patents. According to reports, the damages were decided by a jury Friday, but Apple argued that a technical error had been made,...
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