The European Commission has released its 2013 report on competition policy and its effect on market competition, highlighting results of the year’s most effective policy initiatives.
According to the Commission, its work in antitrust enforcement, merger control, state aid policy and competition enforcement have preserved and boosted the EU’s competitiveness. The …read more
German pharmaceutical giant Bayer has reportedly won a bidding process to acquire the consumer care business of US peer Merck with a $14.2 billion offer.
The acquisition will place products including Coppertone and Claritin in the hands of Bayer, which said the deal will allow the firm to strengthen its position …read more
Soon after Bouygues lost to Numericable to acquire wireless operator SFR, reports say Bouygues and SFR have approached their newest rival, Virgin Mobile, for a possible acquisition.
According to reports, Virgin is the newest wireless operator in France to offer LTE service. But UK retailer Carphone Warehouse, which owns a 46 …read more
Competition from foreign companies poses intensifying competition for China’s dairy industry, especially its infant formula market, as new regulations aim to streamline dairy imports.
According to reports, new rules, which took effect May 1, allow foreign dairy companies to import products that meet quality standards when approved by regulators. Reports say …read more