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Australia: ACCC backs down from energy merger protest (Competition Policy International)

by 21st Century Competition | Jul 24, 2014 | Global Blogs

The Australian Competition and Consumer Commission has decided to allow to proposed acquisition of Macquarie Generation assets from AGL Energy after initially blocking the deal, according to reports. The ACCC had initially ruled that the $1.4 billion acquisition would...

UK: Forex-rigging settlement on the way (Competition Policy International)

by 21st Century Competition | Jul 24, 2014 | Global Blogs

Unnamed sources said Thursday that discussions with UK authorities are heading towards a settlement in the case that alleges the manipulation of the foreign exchange market. According to reports, the Financial Conduct Authority could reach a settlement with several...

US: Groups demand DOJ to take harsh look at Hillshire, Tyson merger (Competition Policy International)

by 21st Century Competition | Jul 24, 2014 | Global Blogs

A total of 82 consumer, community and farm groups have reportedly banded together and sent a letter to the US Department of Justice urging the regulator against an early termination of its review of the proposed merger between Tyson Foods and Hillshire Brands. Tyson...

China: NDRC brands Qualcomm as monopoly (Competition Policy International)

by 21st Century Competition | Jul 24, 2014 | Global Blogs

One of the largest manufacturers of mobile chips, Qualcomm, has now been labeled a monopoly in China, according to reports. State-run media said Thursday that US-based Qualcomm has been deemed a monopoly by China’s National Development and Reform Commission; the...

Multinational: YouTube music chief quits amid indie label dispute (Competition Policy International)

by 21st Century Competition | Jul 24, 2014 | Global Blogs

Another blow has been dealt to the delayed music-streaming project of Google-owned YouTube as its product manager has quit, reports say. Music project manager Chris LaRosa will leave the company Friday to join a start up; La Rosa marks the second major departure from...

US: States OK AT&T, DirecTV deal (Competition Policy International)

by 21st Century Competition | Jul 24, 2014 | Global Blogs

AT&T said Wednesday that states have reviewed the company’s proposed acquisition of DirecTV and have not recommended any concessions on the deal. AT&T CFO John Stephens announced the development while an unnamed source said that Arizona, Louisiana and...
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