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Australia: ACCC knocked down by Federal Court ruling (Competition Policy International)

by 21st Century Competition | Jul 2, 2014 | Global Blogs

The Australian Competition and Consumer Commission was dealt a blow this week after the nation’s Federal Court upheld an appeal by telco Telstra, which had fought the ACCC’s intervention in Telstra’s commercial arrangements. In his judgment, Justice...

Germany: EU allows creation of new wireless giant (Competition Policy International)

by 21st Century Competition | Jul 2, 2014 | Global Blogs

The European Commission announced Wednesday that it has approved of Spain’s Telefonica to acquire rival E-Plus in Germany, a deal that creates the nation’s largest company. But the approval was not without conditions. According to reports, the Commission...

US: Music buyouts continue with Google’s latest purchase (Competition Policy International)

by 21st Century Competition | Jul 2, 2014 | Global Blogs

Google, whose YouTube is set to launch a music streaming service later this year, has reportedly inked its latest acquisition of startup music streamer Songza. According to sources, while the companies did not disclose financial details of the buy, the deal was made...

France: Orange abandons merger plans (Competition Policy International)

by 21st Century Competition | Jul 2, 2014 | Global Blogs

Onetime monopoly Orange said it has abandoned any plans to strike a merger deal that would further shake up France’s wireless industry, according to reports. Orange’s decision puts a wrinkle in a long line of recent wireless deals, beginning with the...

US: Jones Day antitrust partner leaves for Milbank (Competition Policy International)

by 21st Century Competition | Jul 2, 2014 | Global Blogs

An antirust partner at Jones Day has reportedly left the firm to join Milbank, Tweed, Hadley & McCloy LLP. According to reports, Fiona Schaeffer will join Milbank as a partner in New York. She specializes in competition law and advises on merger transactions,...

China: Lenovo optimistic on big-time merger plans (Competition Policy International)

by 21st Century Competition | Jul 2, 2014 | Global Blogs

The world’s largest personal computer supplier Lenovo is optimistic regarding its plans to fulfill its two largest acquisitions by the end of this year, say reports. China’s Lenovo said Tuesday that there are no changes to their timetable to complete deals...
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