Category: Global Blogs

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

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. The gathering allowed officials from the Organization for Economic Co-operation …read more

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

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 LIBOR manipulation. The settlement was first announced by …read more

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

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 said they “seriously considered” at least …read more

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

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 billion of which was spent on acquiring …read more