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The EU Commission Decision against Servier – a New Dimension to European Pharmaceutical Antitrust? (ESRC Centre for Competition Policy)

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

(by Sven Gallasch) On 9 July 2014 the European Commission announced its decision to impose a fine of €427.7 million on French drug maker Servier and five generic companies in relation to so-called ‘pay for delay’ settlements concerning Servier’s...

Botswana: Competition watchdog to be split in two (Competition Policy International)

by 21st Century Competition | Jul 10, 2014 | Global Blogs

Reports have confirmed that Botswana’s Competition Commission will soon be split into two separate entities following concerns of the authority’s dual roles. Part of the Competition Commission will be split into a new regulatory body to be known as the...

US: US Steel agrees to $58M class action deal (Competition Policy International)

by 21st Century Competition | Jul 10, 2014 | Global Blogs

US Steel agreed Tuesday to a multimillion dollar settlement to end a class action suit against the firm, according to reports. The company agreed to the fine in court to settle the lawsuit first filed by Standard Iron Works in 2008; the suit was filed on behalf of...

Malaysia: Clearance given to create nation’s largest bank (Competition Policy International)

by 21st Century Competition | Jul 10, 2014 | Global Blogs

Malaysia’s second largest bank is pursuing the top spot and announced Thursday that it has been given regulatory approval to proceed with a merger that would achieve its goal. Reports say CIMB Group Holdings has been given approval by Malaysia’s central...

Armenia: Competition authorities send airline case over to Russia (Competition Policy International)

by 21st Century Competition | Jul 10, 2014 | Global Blogs

Armenia’s competition regulator announced Wednesday that it will send an ongoing case into the business practices of UTair Aviation to Russian authorities. Armenia’s Commission for the Protection of Economic Competition has been investigating the airline...

France: Lens makers eyed by competition watchdogs (Competition Policy International)

by 21st Century Competition | Jul 10, 2014 | Global Blogs

French competition authorities said Thursday that they have raided various offices of eye lens makers as part of its investigation into suspicions of anticompetitive behavior. Reports say the antitrust authority conducted the searches Wednesday, though regulators did...
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