US: Tribune Media and Nexstar in $4.1bn tie-up

US: Tribune Media and Nexstar in $4.1bn tie-up

US media group Nexstar is set to become the country’s largest operator of local TV stations after a deal to buy Tribune Media for about $4.1bn reported The Financial Times. It comes three months after Tribune’s sale to Sinclair Group, currently the largest US local TV operator, failed over regulatory hurdles. Full details were expected […]

EU: DG Comp approves acquisition of Fibria by Suzano

The European Commission has approved the acquisition of Fibria by Suzano—both active in the production and supply of wood pulp from eucalyptus trees. The decision is conditional on full compliance with commitments offered by Suzano. Suzano and Fibria, both from Brazil, are the two largest global suppliers of bleached eucalyptus kraft pulp (BEKP), an input […]

UK: CMA finds Experian/ClearScore merger could hamper competition

UK: CMA finds Experian/ClearScore merger could hamper competition

  The UK’s antitrust watchdog has provisionally found that Experian’s takeover of ClearScore is likely to weaken competition in the credit reporting sector and have a negative effect on the services offered to customers. The Competition and Markets Authority (CMA) referred the proposed £275 million (US$352.9 million) takeover of ClearScore by Experian for an in-depth […]

US: DOJ investigates Bitcoin market manipulation

US: DOJ investigates Bitcoin market manipulation

The US Justice Department (DOJ) is investigating whether Bitcoin’s record-breaking performance last year was caused by market manipulation. Late last year, the value of a single Bitcoin hit US$9,143, climbing nearly six points in just 24 hours for a market cap north of US$152 billion. According to a recent report from Bloomberg, the DOJ is […]

Recent Developments at DG Competition: 2017/2018

Posted by Social Science Research Network Recent Developments at DG Competition: 2017/2018 By Andrea Amelio, Gabor Koltay, Penelope Papandropoulos & Hans Zenger (European Union), Thomas Buettner, Cyril Hariton (Toulouse Business School), Geza Sapi (European Commission) & Tommaso M. Valletti (Imperial College Business School) The Directorate General for Competition at the European Commission enforces competition law in the areas of […]

US/Mexico: AAG Delrahim delivers remarks at FTI’s Conference in Mexico City

US/Mexico: AAG Delrahim delivers remarks at FTI’s Conference in Mexico City

Department of Justice antitrust chief Makan Delrahim gave a speech to the Federal Institute of Telecommunications Conference in Mexico City on enforcing antitrust in the digital age on Wednesday, November 7. He was invited to speak on “Challenges of Competition in Convergent Markets.” One of the challenges of such enforcement, he said was assessing market […]

US: DOJ settles with Sinclair

US: DOJ settles with Sinclair

Sinclair has entered into a consent decree with the Justice Department (DOJ) to “resolve” DOJ’s investigation into its sharing of information among “certain stations in some local markets.” But it will not have to pay any fine or suffer any penalty, the DOJ announced. The DOJ has not filed the consent decree, but Sinclair stated […]

US: Watch the FTC’s Hearing #5 on Vertical Mergers

The FTC Hearings on Competition and Consumer Protection in the 21st Century continued on Friday, November 1st, with panels focused on issues related to Vertical Mergers. Vertical Mergers Session 1 and Welcome remarks. Vertical Mergers (Session 2). Alternatives to the Consumer Welfare Standard The Consumer Welfare Standard in Antitrust Law

CPI Report: Competition Policy in Global Markets – Efficiencies and Remedies in Lean Times

On Friday June 22, 2012 the annual competition conference took place at the Chatham House in London hosting senior officials from antitrust authorities from major and emerging jurisdictions as well as leading competition practitioners. The discussions were centered around the challenges posed by the global economic downturn and how this reinforces the need for a […]

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