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South Africa: Authorities asked to eye shopping mall exclusivity deals (Competition Policy International)

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

South Africa’ Competition Commission has reportedly been called on to review exclusivity deals made by shopping malls with retailers. The South African Real Estate Investment Trust Association has reportedly asked the Commission to investigate such exclusive...

US: Rival real estate firms ink $3.5B merger (Competition Policy International)

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

Two rival real estate listing websites are reportedly set to join forces after striking a multibillion-dollar merger deal. Zillow will acquire Trulia for $3.5 billion in stock, the firms said Monday. Reports late last week revealed that the two were planning such a...

Global: United Nations looks to competition policy for sustainable growth (Competition Policy International)

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

The United Nations Conference on Trade and Development held its latest meeting earlier this month to discuss how competition policy could support sustainable development in emerging economies. The UNCTAD posed on its Website an overview of the event, held in Geneva....

US: Lloyds settles LIBOR case with DOJ for $86M (Competition Policy International)

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

Lloyds bank has reportedly reached a settlement deal with the US Department of Justice over allegations the lender manipulated the LIBOR benchmark rate. According to reports, Lloyds Banking Group has admitted to wrongdoing and agreed to pay $86 million in fees for the...

Canada: Nearly half of companies planning mergers (Competition Policy International)

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

A survey released Monday by Grant Thornton LLP predicts a new wave of mergers and acquisition in Canada as the data showed that nearly half of Canadian companies are considering deals in the near future. According to reports, 45 percent of all Canadian executives have...

US: Google triples M&A spending in one year (Competition Policy International)

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

Google has reportedly more than tripled its spending on mergers and acquisitions over the course of a year as part of efforts to diversify the company’s service offerings. Reports say Google has spend $4.2 billion in the first half of the year – $3.2...
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