Reports say ousted Clippers basketball team owner Donald Sterling, who was banned for life from the NBA following leaked audio of his racist remarks, will not exit the scene quietly and has hired a famed antitrust lawyer to possibly sue the NBA over a forced sale of the team.
Sterling has …read more
Kenya competition regulators are weighing possible forced divestitures on the world’s number two cement maker Lafarge, according to reports, as a probe continues into the company’s high influence in the nation.
Reports say Lafarge has a 59 percent stake in Bambury Cement and a 42 percent stake in East Africa Portland …read more
Indonesia has reportedly decided to abandon plans to merge state-owned Perusahaan Gas Negara with Pertagas, the second scrapped merger by the government in a month.
Energy and Mineral Resources Minister Jero Wacik announced Wednesday that gas distributor merger would no longer take place due to its timing, which would coincide with …read more
European Commissioner Joaquin Almunia has shot down EC presidential candidate Jean-Claude Juncker’s calls for a competition policy overhaul, calling the suggestion “misguided.”
Reports say Juncker and German Chancellor Angela Merkel have called for an overhaul of competition rules as Almunia faces criticism over his approach to telco mergers. The Commission is …read more