by 21st Century Competition | Jul 15, 2014 | Global Blogs
Car leasing companies in Switzerland were searched by competition authorities on suspicion of price-fixing, according to reports. Switzerland’s Competition Commission released a statement Tuesday announcing that it had conducted several dawn raids of financing...
by 21st Century Competition | Jul 15, 2014 | Global Blogs
Mexico’s America Movil official has a majority stake in Telekom Austria, according to reports. America Movil launched an offer for all outstanding Telekom Austria shares in May; late last week, the Mexican company closed the deal for more than $1 billion....
by 21st Century Competition | Jul 15, 2014 | Global Blogs
Swedish steelmaker SSAB has reportedly won regulatory approval to acquire Finnish rival Rautaruukkii in a $1.6 billion transaction. The European Commission cleared the deal after SSAB offered to divest assets in Finland, Sweden and Norway to appease competition...
by 21st Century Competition | Jul 15, 2014 | Global Blogs
Louisiana became the sixth state on Tuesday to sue various car insurers for antitrust allegations regarding the way the insurers treat auto body shops, according to reports. Dozens of shops are listed in Louisiana’s suit, reports say, and several more are...
by 21st Century Competition | Jul 15, 2014 | Global Blogs
Carlos Slim-based Elementia is reportedly in discussions to buy out partner Lafarge’s stake in the cement giants’ joint venture in Mexico, reports say. Unnamed sources said Slim- and Antonio del Valle-backed Elementia may pursue the acquisition of...
by 21st Century Competition | Jul 15, 2014 | Global Blogs
Some analysts predict that should the proposed $27.4 billion acquisition of Lorillard by rival Reynolds American could create a duopoly in the nation’s cigarette market. Reports of the merger first emerged in May, and the deal is expected to face intense...
