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Mexico: Officials order halt to AT&T merger (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

Mexico officials are reportedly ordering AT&T not to continue its merger process with DirecTV until the companies gain approval by telco authorities. According to reports, Mexico’s Federal Telecommunications Institute is requiring AT&T and DirecTV to...

US: New claims added to LIBOR lawsuit (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

A federal judge Monday allowed plaintiffs to add claims to their lawsuit against Barclays, Rabobank and others that accuse the lenders of LIBOR manipulation, reports say. US District Judge Naomi Reice Buchwald granted the plaintiffs’ request to add charges that...

Brazil: Antitrust execs advise against chemical merger (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

A high committee within Brazil’s antitrust authority CADE has reportedly recommended against approving a proposed merger between two chemical companies, local reports say Tuesday. Petrochemical conglomerate Braskem is looking to acquire Solvay Indupa, which...

EU: Copyright chief wants competition probe (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

The head of copyright at the European Commission is calling for the competition arm of the authority to open an investigation into unfair copyright contracts, according to report. The Head of the Copyright Unit for the Internal Market Directorate General (DG MARKT),...

Slovakia: Deutsche Telekom facing dominance abuse fine (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

Germany wireless giant Deutsche Telekom and its operations in Slovakia are reportedly facing fines from the European Commission for abusing its market dominance, according to sources. The sources said Tuesday that the Commission will fine the companies for squeezing...

US: AT&T testimony promises post-merger benefits (Competition Policy International)

by 21st Century Competition | Jun 24, 2014 | Global Blogs

AT&T testified in Congress Tuesday to convince lawmakers its proposed acquisition of DirecTV will lead to lower prices, according to reports. Congress’s House Judiciary Committee heard testimony from AT&T CEO Randall Stephenson that argued “the...
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