Margin Squeeze – Where Competition Law and Sector Regulation Compete

Posted by Social Science Research Network Margin Squeeze – Where Competition Law and Sector Regulation Compete By Friso Bostoen (KU Leuven) Abstract:     This paper discusses abusive pricing practices by dominant undertakings. It starts with an overview of the different ways an undertaking can abuse its dominant position through pricing (chapter 2). The focus of […]

US: Judge dismisses most of Euribor-rigging lawsuit

US: Judge dismisses most of Euribor-rigging lawsuit

A US judge on Tuesday dismissed most of an investor lawsuit accusing several major banks of conspiring to manipulate the benchmark European Interbank Offered Rate, or Euribor, and related derivatives. In a 100-page decision, US District Judge Kevin Castel in Manhattan said several claims in the proposed class action must fail because of a lack […]

New Zealand: Competition watchdog rejects Sky TV, Vodafone merger

New Zealand: Competition watchdog rejects Sky TV, Vodafone merger

New Zealand’s competition regulator on Thursday ruled against Sky Network Television’s acquisition of Vodafone’s New Zealand unit for NZ$1.3 billion . The Commerce Commission said in a statement that it was not convinced the deal would not substantially decrease competition in the New Zealand market. The regulator had in October delayed the decision until February […]

US: AT&T, Time Warner offer merger details to quell senators’ concerns

US: AT&T, Time Warner offer merger details to quell senators’ concerns

AT&T and Time Warner have offered a response to a group of Democratic senators concerned about the companies’ proposed $85 billion merger. In a letter, AT&T CEO Randall Stephenson and Time Warner CEO Jeff Bewkes outlined how the transaction will benefit consumers and promote competition. In particular, the companies said that the merger will help […]

US: Fairway Energy files antitrust lawsuit against Magellan Midstream

US: Fairway Energy files antitrust lawsuit against Magellan Midstream

In an antitrust lawsuit filed today in Harris County District Court, Fairway Energy Partners, alleges that Magellan Midstream Partners and its subsidiary, Magellan Crude Oil Pipeline Company are stifling competition by demanding exorbitant fees to enrich itself at the expense of new entrants to the market and ultimately at the expense of the public. “Fairway […]

Canada: HBC denies deceptive pricing accusations from watchdog

Hudson’s Bay is denying allegations of deceptive pricing practices from Canada’s competition watchdog. The Competition Bureau issued a statement Tuesday alleging HBC offered mattresses and foundations sold together at grossly inflated regular prices and then advertised deep discounts on the sleep sets, suggesting significant deals for customers. The bureau says the company has engaged in […]

Australia: ACCC urges consumers to use petrol price comparison apps

Australia: ACCC urges consumers to use petrol price comparison apps

Australian Competition and Consumer Commission chairman Rod Sims says fuel price comparison tools that help motorists pinpoint the cheapest deals were helping some save as much as $15 each time they filled up their tank. “The ACCC estimates that by timing their purchases of petrol, and choosing to buy from the lowest priced retailer, motorists […]

The Horizons of Antitrust

Posted by Social Science Research Network The Horizons of Antitrust By Richard M. Steuer (Mayer Brown) Abstract:     The goals of antitrust law were the subject of debate in the United States during the 2016 election campaign and thereafter. While consumer welfare and efficiency have become the lodestars of antitrust enforcement, other goals such as […]