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Spain: EU needs more time to mull Holcim, Cemex deal (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

The European Commission has reportedly extended its deadline to rule on Cemex’s proposed acquisition of rival Holcim in Spain. The Commission announced Tuesday that it will now decide on the transaction by the middle of September. Its previous deadline was early...

US: AmEx argues high fees are crucial to competition (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

American Express is defending its high interchange fees in court against claims by the US Department of Justice that those fees harm competition, according to reports. AmEx president of the company’s US consumer services business Joshua Silverman testified in...

UK: Former OFT slammed for ‘flawed’ pricing investigation (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

The former Office of Fair Trading, which was recently merged with the Competition Commission to become the Competition and Markets Authority, conducted a flawed competition probe into online hotel pricing companies, Skyscanner claims. According to reports, Skyscanner...

US: BP, Shell want oil price-fixing case tossed (Competition Policy International)

by 21st Century Competition | Jul 29, 2014 | Global Blogs

Defendants accused of manipulating the Brent crude oil benchmark have asked as US judge to dismiss the case, say reports. BP, Royal Dutch Shell and Morgan Stanley filed a motion Monday to dismiss the lawsuit, which claims the companies colluded for 12 years to...

Making the Sentencing Guidelines Message Complete (Kluwer Antitrust Connect Blog)

by 21st Century Competition | Jul 28, 2014 | Global Blogs

Compliance Strategists As the U.S. Sentencing Commission considers reforms of the guidelines for antitrust crimes, it should take action to affirm the importance of antitrust compliance programs as an essential tool in the fight against cartels, and to provide a...

US: Dollar stores join forces in $8.5B agreement (Competition Policy International)

by 21st Century Competition | Jul 28, 2014 | Global Blogs

Two major dollar store chains have reportedly struck an agreement to merge, a deal made for $8.5 billion. Dollar Tree, based in Virginia, and Family Dollar Stores will combine, the companies said Monday. Dollar Tree will acquire its rival for $8.5 billion. The...
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