Category: Global Blogs

India: Troubled stock exchange to merge with largest shareholder (Competition Policy International)

The largest shareholder in the United Stock Exchange has reportedly announced plans to merge with USE to aid its struggling currency trading operations.

The board of BSE has reportedly voted to merge with USE. Reports say BSE’s plan will allow the stock exchanges to more adequately compete with its largest rival …read more

Japan: US DOJ announces latest auto parts price-fixing grab (Competition Policy International)

The US Department of Justice announced Thursday that an executive of a Japanese auto parts manufacturer has been indicted in Detroit for charges of price-fixing, the latest in the DOJ’s crackdown on the price manipulation case.

According to the DOJ, an indictment was filed Thursday that accuses Hitoshi Hirano of participating …read more

China/Switzerland: Roche confirms China raids (Competition Policy International)

Swiss pharmaceutical giant Roche has reportedly announced that Chinese regulators have raided its operations in China.

China’s State Administration for Industry and Commerce reportedly raided the company’s regional office in eastern China on Wednesday. While a Roche spokesperson said that “the details of the visit are not clear,” the company vowed …read more

UK: New research finds small businesses struggle with energy dominance (Competition Policy International)

A recent study into the health of competitor in the UK’s energy industry, currently under watch by regulators, demonstrates the need for improved competition to attend to the needs of small businesses..

According to repots, the Federation of Small Businesses, a leading business organization, conducted a survey of small energy businesses, …read more