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Brazil/Japan: Sugar conglomerate buys out joint venture (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Brazilian sugar and ethanol operations owned by Bunge has reportedly received approval to acquire the rest of a joint venture it runs with Itochu. Brazil’s antitrust authority CADE has cleared Japan-based Bunge to purchase the 20 percent stake in their joint...

Vietnam: Cross-boarder deals eyed to boost economy (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Vietnam officials are reportedly in discussions with Turkey, Hungary and other nations in hopes of encouraging cross-boarder mergers to boost the local economy. Budapest-based IMAP MB Partners had reportedly been advising Vietnamese companies on possible deals abroad,...

Brazil: Merck fined for pay-for-delay deal (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Pharmaceutical conglomerate Merck has been issued a fine of $1.8 million by Brazilian antitrust authorities for engaging in pay-for-delay agreements. Antitrust regulator CADE lodged the fine in response to Merck’s attendance at a meeting joined by top rivals...

China: General Motors becomes latest antitrust target (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

As China continues its investigation into foreign auto companies, General Motors has confirmed that it has been contacted in the nation by antirust officials. GM said its passenger-vehicle joint venture in the nation was contacted by the National Development and...

Bulgaria: EU investigation finds energy market violations (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

The European Commission announced preliminary findings of its investigation into Bulgaria’s energy industry on Tuesday, saying that it has found evidence that state-owned companies in the nation have breached competition law. Bulgaria Energy Holding, which is...

China: Pillsbury launches new outfit in Beijing (Competition Policy International)

by 21st Century Competition | Aug 12, 2014 | Global Blogs

Pillsbury Winthrop Shaw Pittman has reportedly opened its doors to its third location in Asia, this time in Beijing. The law firm, which specializes on cross boarder investments and antitrust, also has locations in Tokyo and Shanghai. According to reports, five...
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