Category: Global Blogs

US: Lobstermen want outdated antitrust rules lifted (Competition Policy International)

Decades-old rules that govern the lobster industry are now being questioned as the Maine Lobstermen’s Association advocates for more control over its industry.

The rules were enacted more than 50 years ago in efforts to prevent lobster price-fixing, according to reports, but advocates to have the rules changed say modern antitrust …read more

Botswana: Bid-rigging takes top priority for new watchdog (Competition Policy International)

Botswana’s Competition Authority has reportedly handled 11 bid-rigging cases since the watchdog was first launched.

The majority of those cases, reports say, involve individuals using their position on multiple boards of directors to submit multiple bids for the same contracts. Of the 11 cases, four have been closed and six remain …read more

UK: Liberty Global nabs assets from BSkyB (Competition Policy International)

Liberty Global has boosted its presence in the UK with a recent acquisition of a 6.4 percent stake in free-to-air broadcaster ITV, say reports.

Liberty Global, which is in the midst of pursuing a takeover of Germany cable giant Ziggo, reportedly bought the ITV shares from BSkyB in a deal worth …read more

Germany: Fiat denies VW deal rumors (Competition Policy International)

Italian carmaker Fiat has reportedly denied recent reports that it is looking to merge with German rival Volkswagen.

”Fiat states that they have not held discussions with Volkswagen regarding a potential merger,” the company said Wednesday.

Rumors of a possible deal sent shares spiking for the companies before Fiat denied the reports. …read more