A top executive for Discover Financial Services took the stand Thursday to testify in a lawsuit filed by the US Department of Justice against Discover rival American Express.
According to reports, Discover president and COO Roger Hochschild testified against AmEx and said it would offer incentives to merchants to encourage the …read more
WKB Wierciński, Kwieciński, Baehr Sp. k., Poland
Part 1 – fines for individuals
On 10 June 2014, the Polish Parliament adopted a significant set of amendments to the Polish Competition Law Act (the “Act”). Having received Presidential approval on 30 June 2014, …read more
(by Sven Gallasch) On 9 July 2014 the European Commission announced its decision to impose a fine of €427.7 million on French drug maker Servier and five generic companies in relation to so-called ‘pay for delay’ settlements concerning Servier’s bestselling blood pressure drug perindopril. The case differs from the Commission’s …read more
Reports have confirmed that Botswana’s Competition Commission will soon be split into two separate entities following concerns of the authority’s dual roles.
Part of the Competition Commission will be split into a new regulatory body to be known as the Competition Authority, say reports. Under law, the Commission has the power …read more