EU: Lufthansa’s offers over Air Berlin land short of runway

EU: Lufthansa’s offers over Air Berlin land short of runway

Deutsche Lufthansa has to do more to allay European Union concerns about its takeover of most of Air Berlin after offering concessions that won’t fully appease regulators, according to two people familiar with the process. Lufthansa would need to improve upon its offer to cede landing rights of Air Berlin’s Niki arm in order to […]

EU: Apple, Ireland reach escrow agreement over €13b in taxes

EU: Apple, Ireland reach escrow agreement over €13b in taxes

Ireland has struck a deal with Apple to collect up to €13 billion (US$15 billion) in back taxes and hold it in an escrow account pending an appeal before the Court of Justice of the European Union. The government said in a statement Monday, December 4, that an agreement had been reached “in relation to […]

EU: New EC rules could enable banks to increase their software spending

EU: New EC rules could enable banks to increase their software spending

With FinTechs eroding away traditional banks’ lead, rules governing investments in software in the European Union (EU) may loosen. According to a news report in Reuters, as the EU banking rules stand today, money spent on software is treated as a cost instead of an investment, which forces lenders to have an equal amount of […]

EU: Google starts to comply with EU antitrust order

EU: Google starts to comply with EU antitrust order

Google has offered up plans and a glimpse of how it will seek to comply with antitrust directives from the European Union’s General Data Protection Regulation (GDPR), Reuters reported Tuesday. The plans center around behavior in which the internet giant favored its own shopping platform over rivals, giving prime search displays to its own displays, […]

EU: Merck, Sigma-Aldrich accused of misleading EU on merger

EU: Merck, Sigma-Aldrich accused of misleading EU on merger

The European Commission has raised a formal objection to Merck KGaA’s US$17 billion acquisition of Sigma-Aldrich — a deal completed in November 2015 — saying the companies breached the European Union’s merger rules by providing incorrect or misleading information. The Commission acknowledged that its Statement of Objections will not affect its earlier approval of the […]

Citizen Fox: The global antitrust vision of Eleanor Fox

Posted by Social Science Research Network Citizen Fox: The global antitrust vision of Eleanor Fox By Philip Marsden (College of Europe) & Spencer Weber Waller (Loyola University of Chicago) Abstract:     This chapter will examine the growth of Professor Eleanor Fox’s global and cosmopolitan vision for the future of competition policy. Over her illustrious career, […]

UK: Brexit has an official start date… next week

UK: Brexit has an official start date… next week

Prime Minister Theresa May will trigger Britain’s divorce proceedings with the European Union on March 29, launching two years of negotiations that will reshape the future of the country and Europe. May’s government said her permanent envoy to the EU had informed European Council President Donald Tusk of the date when Britain intends to invoke […]

EU: Parliament backs anti-competition probe of Formula 1

EU: Parliament backs anti-competition probe of Formula 1

Formula One is facing pressure from the European Parliament over alleged anti-competitive practices, according to a report. The Times quotes an amendment to the European Parliament’s competition report added by Anneliese Dodds, Labour MP for south east England, that “calls for an immediate investigation into competition concerns arising from the Formula Onemotorsport industry.” “Formula One […]

EU: Antitrust chief says fences hurt economies

EU: Antitrust chief says fences hurt economies

Building fences and barriers will hurt economies and drive up prices, Europe’s antitrust chief said on Friday, days after US President Donald Trump signed an executive order to erect a wall on the southern US border with Mexico. People who put their faith in fences instead of open markets are going about it the wrong […]

US: Dechert hires four antitrust attorneys

US: Dechert hires four antitrust attorneys

Philadelphia-headquartered Dechert has hired a four-lawyer team to its antitrust and competition team in Brussels. The team, who join from Cadwalader, Wickersham & Taft, include contentious antitrust partner Alec Burnside, who was managing partner of Cadwalader in Brussels, non-contentious partner Anne MacGregor and associates Marjolein De Backer and Adam Kidane. Burnside, who was also, after […]

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