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Brazil: America Movil accelerates merger plans (Competition Policy International)

by 21st Century Competition | Aug 3, 2014 | Global Blogs

Following Brazil antitrust regulator CADE’s approval of the plan, the Brazilian units of Mexico-based America Movil are reportedly boosting their merger plans, announcing expectations to wrap up the deal by the end of the year. America Movil, headed by media...

US: Scientific Games hits the jackpot with $5.1B lottery takeover (Competition Policy International)

by 21st Century Competition | Aug 3, 2014 | Global Blogs

Scientific Games, a top developer of lottery and technology-based gaming products, announced Friday it has reached an agreement to acquire gaming giant Bally Technologies in a $5.1 billion transaction. In a statement, the companies said the combination will create a...

Canada: Telco watchdog cracks down on unfair roaming rules (Competition Policy International)

by 21st Century Competition | Aug 3, 2014 | Global Blogs

Canada’s telecommunications watchdog has reportedly banned wireless operators from imposing unfair roaming rules on their customers. Reports say the Canadian Radio-television and Telecommunications Commission issued a prohibition order Thursday that bars...

Japan/US: Another exec jailed for auto parts price-fixing (Competition Policy International)

by 21st Century Competition | Aug 3, 2014 | Global Blogs

Yet another former executive of a Japanese car parts manufacturer has been sentenced in the US for manipulating prices within the US market, say reports. The US Department of Justice announced Thursday that former GS Electech executive Singo Okuda pleaded guilty to...

Global: RBS bankers file motion to toss forex manipulation suits (Competition Policy International)

by 21st Century Competition | Aug 3, 2014 | Global Blogs

Royal Bank of Scotland revealed late last week that several of its banks are defending themselves against allegations that they manipulated the foreign exchange benchmark. According to reports, an unspecified number of RBS bankers filed a motion in three separate...

China: Revelations in Microsoft probe only lead to more questions (Competition Policy International)

by 21st Century Competition | Aug 3, 2014 | Global Blogs

When reports emerged late last month that Microsoft is now the subject of an antitrust investigation by Chinese regulators, little information was available about why, exactly, the company was targeted. But with new information trickling in about the probe, some new...
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