by 21st Century Competition | Jul 8, 2014 | Global Blogs
As the world’s pharmaceutical industry continues its recent spree of mergers and acquisitions, the consolidation seems to continue with AbbVie’s latest attempt to acquire one of its competitors. The US pharmaceutical firm just raised its offer to purchase...
by 21st Century Competition | Jul 8, 2014 | Global Blogs
Samsung told its investors to keep their optimism in check this week as it warned that intense competition in Asia’s smartphone industry is causing Samsung’s profits to take a hit. The South Korean company offered an early second-quarter earnings guidance...
by 21st Century Competition | Jul 8, 2014 | Global Blogs
A government body has been assigned to evaluate the recommendations of financial penalties for price-fixing violations, according to reports, in a move that could lead to higher fines for anticompetitive corporate behavior. The US Sentencing Commission first...
by 21st Century Competition | Jul 8, 2014 | Global Blogs
The World Gold Council is exploring ways to overhaul the gold benchmark setting process as rigging claims plague the London Gold Fix. According to reports, WGC managing director Natalie Dempster spoke Monday at a convention to discuss overhauls to the method of...
by 21st Century Competition | Jul 8, 2014 | Global Blogs
American Express slammed rivals Visa and MasterCard as a duopoly in court documents filed this week, say reports, as part of its defense in a lawsuit filed by the Department of Justice. The remarks highlight the battle being fought by credit card giants in the US as...
by 21st Century Competition | Jul 8, 2014 | Global Blogs
Davies Ward Phillips & Vineberg LLP, Canada Introduction With the exception of hard-core cartel conduct such as price-fixing and bid-rigging, Canadian competition law has de-emphasized in recent years the importance of pricing conduct as a source of...
