US: Bipartisan proposal aims to curb Health-Industry contracts that block competition

US: Bipartisan proposal aims to curb Health-Industry contracts that block competition

New draft legislation from Republican and Democratic leaders of the Senate health committee would ban contracting practices that some hospital systems have used to protect their business and block efforts to curb costs. The draft targets the largely secret contracts between hospital systems and insurers that govern prices that employers and consumers pay for care […]

Italy: Regulator hits marketing agencies with €67M fines

Italy: Regulator hits marketing agencies with €67M fines

Italy’s competition authority, L’Autorità Garante del Mercato e della Concorrenza, has fined three rights-marketing agencies a combined €67 million (US$74.8 million) for breaches of antitrust regulation in the acquisition of Italian football rights. The fines follow an investigation into the sale of the overseas audio-visual rights to Serie A, Serie B, the Coppa Italia, and […]

UK: Leaseholders to get compensation after antitrust probe

UK: Leaseholders to get compensation after antitrust probe

Homeowners who were mis-sold leasehold properties may be able to get compensation after the competition watchdog announced it will investigate the issue, reported the Telegraph. There are more than four million leasehold properties in England, of which 100,000 are considered to be “unfair,” according to lender Nationwide. In the worst cases the ground rent charged […]

EU: Vestager wants a competitive approach to environmental policy

EU: Vestager wants a competitive approach to environmental policy

EU Competition Commissioner Margrethe Vestager, a Liberal candidate to be the next Commission President, believes the key to improving Europe’s environment and fighting climate change will be implementing the laws already on the books. During her time as the head of the EU’s competition watchdog over the past five years, Margrethe Vestager has shown she’s […]

Brazil: Regulator launches another fintech probe

Brazil: Regulator launches another fintech probe

Brazil’s competition authority is investigating whether Bradesco, one of the country’s largest banks, broke competition rules by restricting a financial management app from accessing its customers’ data. The watchdog said Bradesco may be impeding its clients from connecting Guiabolso’s app to their checking accounts. Bradesco denied in a statement any wrongdoing and said the issue […]

Philippines: Competition body probes power producers over outages

Philippines: Competition body probes power producers over outages

The Philippine Competition Commission (PCC) announced Monday, April 22, it would look into allegations of collusion or abuse of dominance among power producers after recent supply shortfalls caused rotational brownouts in the island of Luzon. The antitrust monitor stated it would “assess whether the recent power plants’ outages are manipulated to increase electricity prices or […]

Australia/US: Competition watchdog teams up with FBI to fight cartels

Australia/US: Competition watchdog teams up with FBI to fight cartels

Australia’s competition watchdog has entered an agreement with the United States’ Federal Bureau of Investigation to strengthen its work combating anti-competitive behaviour. Australian Competition and Consumer Commission (ACCC) chairman Rod Sims said the watchdog was aiming to put two to three cartel cases before the court each year, and would be leveraging its relationship with […]

Netherlands: Watchdog to Investigate Apple Store

Netherlands: Watchdog to Investigate Apple Store

The Netherlands Authority for Consumers and Markets (ACM) announced on Thursday, April 11, that it will investigate whether Apple abuses its position in the App Store by, for example, giving preferential treatment to its own apps. The ACM suggested the investigation may be expanded to Google’s Play Store in future because of similar business practices […]

UK: Construction suppliers accused of “cartel” behavior to raise prices

UK: Construction suppliers accused of “cartel” behavior to raise prices

Acting on a tip-off, UK antitrust regulator the Competition and Markets Authority (CMA) is investigating three groundworks products suppliers for alleged “cartel” behavior intended to reduce competition and keep prices high. The firms are M.G.F. Trench Construction Systems, Vp Plc and Mabey Hire, which acted as whistleblower of the alleged breaches of law. The CMA […]

EU: German EC candidate calls for “political” competition rules

EU: German EC candidate calls for “political” competition rules

According to the Financial Times, Manfred Weber, a German MEP and “lead candidate” for the European People’s Party wants the next European Commission to behave “more politically” when making key decisions over merger rules and state-aid. Brussels should be ready to make “political” use of its powerful competition rules to foster the creation of European […]

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