Europe’s largest postal firm, Deutsche Post, has reportedly decided to abide by recommendations by Germany’s competition regulator and revise its pricing practices.
According to reports, the German firm will change its mail pricing for high-volume customers, the Federal Cartel Office said Tuesday. Regulators launched an investigation into the company in 2012 …read more
A high court in India announced Tuesday that it has dismissed petitions against the Competition Commission of India filed by the Indian units of Nissan Motors and Hyundai Motor in efforts to fight a competition probe into the auto industry.
Reports say the Madras High Court dismissed the petitions against the …read more
As the world’s pharmaceutical industry continues its recent spree of mergers and acquisitions, the consolidation seems to continue with AbbVie’s latest attempt to acquire one of its competitors.
The US pharmaceutical firm just raised its offer to purchase UK-based rival Shire to about $51 billion after an earlier offer was rejected. …read more
Samsung told its investors to keep their optimism in check this week as it warned that intense competition in Asia’s smartphone industry is causing Samsung’s profits to take a hit.
The South Korean company offered an early second-quarter earnings guidance on Tuesday and announced that its profits may have fallen by …read more