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US: DOJ questions Disney, Discovery over Comcast merger (Competition Policy International)

by 21st Century Competition | Jul 11, 2014 | Global Blogs

The US Department of Justice has reportedly approached content providers including Walt Disney Co., Discovery Communications and CBS Corp. as part of its investigation into the proposed acquisition of Time Warner Cable by Comcast, unnamed source said. The companies...

EU: Telefonica fine upheld by Court of Justice (Competition Policy International)

by 21st Century Competition | Jul 11, 2014 | Global Blogs

The European Court of Justice, the region’s highest court, has reportedly upheld a fine of more than $200 million imposed on Spain’s Telefonica originally sanctioned on the telco for dominance abuse. According to reports, the fine was issued by the EU...

US: Reach of antitrust law reinforced in AU Optronics ruling (Competition Policy International)

by 21st Century Competition | Jul 11, 2014 | Global Blogs

Taiwan’s AU Optronics has failed in its bid to reverse a 2012 decision that imposed a $500 million fine on the company for fixing prices in the liquid crystal display panel industry. The 9th US Circuit Court of Appeals unanimously ruled Thursday to reject the...

China: Financial watchdog announces more lenient M&A rules (Competition Policy International)

by 21st Century Competition | Jul 11, 2014 | Global Blogs

Authorities in China are hoping to encourage more mergers and acquisitions by relaxing rules for companies to buy, sell or swap assets, say reports. China’s Securities Regulatory Commission announced Friday that listed firms will now longer need its approval...

US: Discover enters the DOJ, AmEx feud (Competition Policy International)

by 21st Century Competition | Jul 11, 2014 | Global Blogs

A top executive for Discover Financial Services took the stand Thursday to testify in a lawsuit filed by the US Department of Justice against Discover rival American Express. According to reports, Discover president and COO Roger Hochschild testified against AmEx and...

Polish revolution – far reaching changes to Polish competition law (Kluwer Competition Law)

by 21st Century Competition | Jul 11, 2014 | Global Blogs

WKB Wierciński, Kwieciński, Baehr Sp. k., Poland Part 1 – fines for individuals On 10 June 2014, the Polish Parliament adopted a significant set of amendments to the Polish Competition Law Act (the “Act”). Having received Presidential approval on 30 June 2014,...
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