Category: Global Blogs

Spain: Despite concerns, no concessions expected for Cemex-Holcim tie-up (Competition Policy International)

Despite earlier reports that suggested the European Commission voiced concerns over cement giant Cemex’s plans to acquire Holcim’s Spanish operations, another source said Monday that regulators will approve of the merger without concessions.

Reports say Mexico’s Cemex will gain clearance by EU authorities to acquire Switzerland-based Holcim’s operations in Spain. The …read more

India: Focus turns to pay-for-delay (Competition Policy International)

Indian regulators have turned their attention to pay-for-delay agreements, making the nation the latest to scrutinize such agreements that have particular impact on the pharmaceutical industry.

According to reports, the Competition Commission of India is examining patent settlements made between foreign brand-name pharmaceutical companies and their generic counterparts in India. Reports …read more

Netherlands: Liberty Global’s cable takeover review halted (Competition Policy International)

The European Commission has reportedly decided to temporarily halt its investigation into US cable giant Liberty Global’s plans to acquire Netherlands-based peer Ziggo as officials seek more information from the companies.

Reports say the Commission is looking for more documentation regarding the merger from Liberty Global; until that information is received, …read more

UK: HSBC profits cut by 13% amid ‘unprecedented’ regulatory scrutiny (Competition Policy International)

UK bank HSBC has reported a pre-tax profit of about $6.2 billion for the first half of the year, down 13 percent from the same time last year, according to reports.

In its report, HSBC says that the bank is facing “significant fines or sanctions” in the wake of “unprecedented” regulatory …read more