Consumer advocates have launched legal action against the Australian Egg Corporation for alleged market manipulation, according to reports.
The Corporation is charged with killing chickens and burying eggs to manipulate supplies of eggs and fix product prices, reports say. Plaintiffs suing the group include rival egg companies.
According to a complaint filed …read more
As analysis continues to point towards a year of expansion for global mergers and acquisitions, reports say Singapore will particularly benefit from the trend.
Among the high-profile investments occurring within Singapore include e-commerce conglomerate Alibaba Group Holdings, which plans to acquire a minority stake in Singapore Post. Some experts see the …read more
Brazil’s antitrust regulator CADE cracked down on six major cement firms for alleged price-fixing that occurred over the span of two decades, reports say.
A total of $1.4 billion in fines was imposed onto the companies, which include Holcim and Camargo. Authorities have also ordered the companies to divest significant assets, …read more
Apple confirmed the news of its planned $3 billion acquisition of Beats Wednesday and, according to reports, the deal means Apple will continue running the Beats Music smartphone app for both Android and Windows.
It marks the first time Apple will continue running an app on rival platforms following an application; …read more