Category: Global Blogs

India: Appellate Tribunal hears CCI gas ruling challenge (Competition Policy International)

India’s Competition Appellate Tribunal has confirmed that it has heard an appeal of an earlier ruling made by the Competition Commission of India against Adani Gas, say reports.

The CCI fined the gas giant last July for abusing its market dominance after an investigation into the company’s practices of gas supply …read more

US/UK: Pfizer still has a chance to ink industry’s largest takeover (Competition Policy International)

US-based pharmaceutical giant Pfizer could still ink the industry’s largest takeover even after being rejected for such a deal by UK’s AstraZeneca, say reports.

AstraZeneca rejected Pfizer’s takeover offer last May, a deal that would have been a record purchase for the market at $118 billion. But Pfizer may now pursue …read more

US: Murdoch walks away from Time Warner (Competition Policy International)

Media mogul Rupert Murdoch has reportedly abandoned plans for his 21st Century Fox to acquire Time Warner. The deal would have been the biggest media merger in a decade with a price tag of $150 billion.

According to reports, the merger would have lead to the largest movie and television studios …read more

China: New raids hit Microsoft (Competition Policy International)

As Chinese authorities continue its investigation into Microsoft, reports say the nation’s State Administration for Industry and Commerce has heightened the investigation and conducted new searches of Microsoft offices.

The SAIC said Wednesday that it raided the offices of Microsoft and its partner Accenture. The agency revealed last week that it …read more