Category: Global Blogs

Pakistan: CCP head wants stronger enforcement of competition law (Competition Policy International)

The head of the Competition Commission of Pakistan, Dr. Joseph Wilson, spoke to various members of the business community at the Sialkot Chamber of Commerce and Industry late last week to promote stronger enforcement of competition law.

According to reports, such effective enforcement is crucial to enable industrial growth and efficiency.

But …read more

US: Red Lobster divested for $2.1B (Competition Policy International)

Red Lobster is reportedly set to be sold by its owner Darden in a $2.1 billion deal, according to reports.

Reports say Red Lobster will be acquired by investment firm Golden Gate Capital. Darden has decided to retain one its other struggling restaurant chain, Olive Garden, in hopes it can pull …read more

Asia: Half of ASEAN nations have no antitrust law (Competition Policy International)

Half of the members of the Association of Southeast Asian Nations, known as ASEAN nations, do not have effective antitrust law, according to reports, though the nations are reportedly preparing their own competition policy draft laws to be established by the end of 2015.

The Philippines, Myanmar, Lao People’s Democratic Republic, …read more

UK: Alliance Boots warned of hurdles in pharmacy purchase (Competition Policy International)

The UK’s largest pharmacy, Alliance Boots, is reportedly set to face significant antitrust scrutiny should it proceed with a full acquisition of Co-op Group’s pharmacies.

Lawyers cautioned that the Competition and Markets Authority would likely require asset sales to approve of the acquisition. Co-op announced earlier this year that it plans …read more