After Oi announced that certain debts from takeover target Portugal Telecom were not disclosed until after the two wireless operators merged, authorities in Brazil now consider Oi to be the weakest player in the industry and are eying the company for a possible breakup.
According to reports, telecommunications authority Anatel considers …read more
On the recommendation of energy watchdog Ofgem, the Competition and Markets Authority announced it will conduct an investigation of the energy industry and examine whether the so-called Big Six leading electricity companies are abusing their market power.
According to reports, the CMA will publish its findings by the end of next …read more
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 reduce competition in the energy retail markets within New South Wales. Last …read more
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 banks as soon as this year. The banks that are in settlement …read more