Spanish telecommunications conglomerate Telefonica has reportedly offered $9 billion to acquire Vivendi’s operations in Brazil, reports say.
Under terms of the deal, reports say Telefonia would offer $5.3 billion in cash and shares in Telefonica’s Brazil unit Vivo. In exchange, Telefonica would acquire Vivendi’a Brazilian unit Global Village Telecom.
But the most …read more
A former senior official at South Korea’s Fair Trade Commission, and the FTC itself, is under fire by critics for its role in a corruption scandal that some experts say represents a broader problem in the nation of collusive relations between the government and the private sector.
According to reports, the …read more
The European Commission is reportedly reconsidering certain antitrust exemptions offered to the insurance industry.
The Commission has sent questionnaires to shareholders of the industry to gain insight into the opinion of the Insurance Block Exemption Regulation, which allows certain agreements between insurance companies that would normally be against competition rules. According …read more
One of the world’s largest mining companies filed a motion late Monday to exit a nationwide lawsuit accusing the company and other conglomerates of manipulating aluminum prices.
According to reports, Glencore, based in Switzerland, said it has only minimal contacts in jurisdictions in which alleged collusion occurred. Further, Glencore said it …read more