Category: Global Blogs

Italy: TripAdvisor probe follows look into Expedia, Booking.com (Competition Policy International)

Soon after Italy’s antitrust regulator launched an investigation into hotel and travel booking websites Expedia and Booking.com, reports say authorities are now probing travel review site TripAdvisor.

The website is reportedly under watch over allegations it does not do enough to ensure fake travel reviews are not posted online. The nation’s …read more

UK: Ofcom allows BT wholesale pricing freedom (Competition Policy International)

UK communications authority Ofcom said it will not regulate the prices BT charges rivals for wholesale fiber-optic network for broadband services, reports say.

BT sells the use of its network to competitors including TalkTalk and BSkyB through its wholesale unit Openreach. Ofcom decline to regulate the prices after finding healthy competition …read more

EU: Commission takes action over bank rate-rigging scandal (Competition Policy International)

The European Commission has reportedly found evidence that major banks JPMorgan Chase, HSBC and Credit Agricole colluded to manipulate the interbank lending benchmark known as Euribor.

Reports say the Commission has sent a statement of objections to the banks following their decision to exit settlement discussions surrounding the case last year. …read more

US: Mega flour merger gets a pass (Competition Policy International)

The largest flour mill in the US has just gotten even bigger after the US Department of Justice approved of merger plans, say reports.

Top flour mill Horizon Milling, a joint venture of Cargill and CHS, will merge with ConAgra Foods in a transaction that will reportedly create a company with …read more