A class action launched in 2007 against several air cargo competitors found to have colluded to fix service prices has been cleared for settlement, reports say.
A judge approved Friday of a $35 million settlement to be paid to air cargo customers by Qantas Airways, Lufthansa Cargo, Singapore Airlines, Cathay Pacific, …read more
Mexico’s recently revamped competition authority is slated to review the nation’s banking sector, which has gone largely ignored by regulators for several years, according to reports.
Mexico’s federal Economic Competition Commission told reporters that one of its “top priorities is the financial sector” and that it will focus on “widening the …read more
Spain’s largest telecommunications company Telefonica is reportedly expected to go to court with Brazilian regulators after the company lost an appeal of a ruling requiring Telefonica to loosen its grip in the South American nation.
Brazil antitrust regulator CADE ruled last December that Telefonica must find another partner to share ownership …read more
Experts warn wireless rivals Sprint and T-Mobile have a tough road ahead to secure antitrust clearance for their proposed merger that appears to be in the works, reports say.
According to analysts, share drops experienced by both companies show how competitive issues surrounding the merger, which would reduce the number of …read more