Category: Global Blogs

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

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 Bayer, Abbott Laboratories, Bristol-Myers, Eli Lilly, Johnson & Johnson, Roche and more, say …read more

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

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 Reform Commission. That venture, Shanghai GM, is run by GM and …read more

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

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 the umbrella company for state-owned energy companies, was reportedly found to have violated antitrust rules …read more

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

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 lawyers from Paul Hastings were picked to open the new Pillsbury …read more