Category: Global Blogs

India: Vodafone said to meet with incoming officials as merger tax dispute continues (Competition Policy International)

UK telco giant Vodafone has reportedly met with Indian financial officials, sources said, and while the nature of the meetings was not disclosed, Vodafone is currently in the midst of a tax dispute in India stemming from its acquisition of Hutchison Whampoa.

According to reports, Indian officials, including India Finance Secretary …read more

Global: Banks turn to innovative tech in wake of massive market rigging scandals (Competition Policy International)

As regulators around the globe continue to pursue widespread allegations of foreign exchange benchmark rigging, LIBOR and Euribor manipulation and commodities price-fixing, reports say banks are turning to high-tech innovations to help curb the market abuse.

A major trend emerging within the world’s largest banks in the wake of the scandals …read more

US: Despite Senate setback, patent reform still a threat to trolls (Competition Policy International)

Last week the Senate Judiciary Committee shelved a proposed bill aimed at curbing patent abuse, but according to some experts, the setback does not mean patent trolls should not be concerned about patent reform.

According to reports, Congress is set to pick up its task of patent reform after the recess …read more

UK: Sanctions against JPMorgan exec market manipulation upheld (Competition Policy International)

A City Tribunal has sided with the UK’s financial Conduct Authority in ruling that former JPMorgan executive Ian Hannam did, in fact, commit market abuse.

Hannam had attempted to appeal the FCA’s fine of more than $750,000 after finding evidence of his participation in insider trading related to the planned acquisition …read more