Category: Global Blogs

Global: Energy M&A reaches record-setting Q1 figures (Competition Policy International)

Gas and oil merger and acquisition deals struck in the first quarter reached a record-setting $39 billion worth of transactions, according to reports.

According to reports, that value is up 75 percent from M&A deals in the same quarter in 2013.

The data was aggregated by energy, metals and mining commercial intelligence …read more

South Korea: State power monopoly suspected of unfair activities (Competition Policy International)

South Korean competition authorities are reportedly probing the Korea Electric Power Corp., a state-run utility, over suspicions of anticompetitive behavior, according to insider sources.

Reports say the Fair Trade Commission raided offices of KEPCO and affiliated units earlier this week. Details are scarce but reports say the investigation centers on possible …read more

Poland: ThyssenKrupp unit raided for bid-rigging (Competition Policy International)

Germany steel giant ThyssenKrupp confirmed Wednesday that its Poland-based operations are now the subject of an investigation regarding claims of bid-rigging and have been raided by antitrust officials.

Reports say the rail technology offices in Poland were searched last month, ThyssenKrupp said, along with several other companies in the nation. The …read more

Global: Google has $30B in offshore cash for acquisition targets (Competition Policy International)

Google reportedly has as much as $30 billion in cash outside of the US that it could use for mergers and acquisitions, the company said in a filing with the Securities and Exchange Commission.

”We continue to expect substantial use of our offshore earnings for acquisitions as our global business has …read more