Category: Global Blogs

Channel Islands: New competition chief named (Competition Policy International)

The new head of the Channel Islands’ competition authority has been named, according to reports.

Michael Byrne will lead the Channel Islands Competition and Regulatory Authorities after six months as the agency’s interim chief. Byrne follows former CICRA head Andrew Riseley, who left after two years at the position.

In a statement, …read more

Brazil: Telco regulator okays spectrum auction plans (Competition Policy International)

Brazil’s telecommunications regulator Anatel has reportedly approved of proposed rules for an upcoming spectrum auction, though details of those rules remain unknown.

The rules are set to be published shortly, however, and reports say the auction will likely begin in September.

Earlier this year, Brazil launched plans to free up new spectrum …read more

US: Forbes sells itself to overseas investors (Competition Policy International)

Forbes Media announced Friday it has reached an agreement with a consortium of foreign investors who will acquire a majority stake in the company.

Hong-Kong based investor group Whale Media Investments will acquire the majority stake, after which current shareholder Elevation Partners will fully exit ownership in Forbes.

According to the media …read more

UK: Bank probe threatens permanent changes to industry (Competition Policy International)

As the Competition and Markets Authority confirmed earlier reports that it will launch a full-scale investigation into the UK’s banking industry, industry experts say the investigation could permanently overhaul the way consumers do their banking in Britain.

While the probe will examine the dominance of the UK’s five largest banks – …read more