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Philippines: Watchdog fines on Grab, Uber

The Philippine Competition Commission (PCC) has slapped a 12 million peso (US$222,563) fine on ride-hailing platform Grab and another 4 million peso (US$74,190) fine...

Australia: Watchdog tells Port of Newcastle to reduce charges for Glencore

On Monday, October 8, Australia’s competition regular declared that Port of Newcastle Operations (PNO) must reduce its charges for ships entering the port to...

UK: Watchdog slaps Lloyds with legal demands over PPI failures

The UK’s competition watchdog has handed Lloyds legal directions after the lender failed to meet its obligations around managing accounts with payment protection insurance...

EU: Watchdog to decide on Sony/EMI deal by October

Sony will know by October 26 whether EU antitrust regulators will wave through its US$2.3 billion  offer for control of EMI to become the...

Egypt: Watchdog sees issues with Uber/Careem deal

The Egyptian Competition Authority is working on a full-fledged report on the potential impact of the region-wide merger deal between Uber and Careem on...

UK: Watchdog proposes new regulations on lending platforms

The UK watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade...

China: Watchdog is open to making mends with Qualcomm

China regrets Qualcomm’s decision to abandon its bid to buy NXP Semiconductors and still hopes to find a way to resolve the antitrust concerns...

Russia: LG fined for smartphone price fixing

  The Federal Antimonopoly Service (FAS) of Russia has fined LG Electronics RUS, a subsidiary of LG corporation, 2.5 million rubles (US$39,200) for coordinating smartphone...

UK: Sainsbury’s-Asda merger raises competition concerns

The UK Competition and Markets Authority has published a summary of views received from interested parties on the impact of the planned merger of...

Australia: Former heads of Citi, Deutsche Bank charged in a criminal...

Australian prosecutors charged the former local heads of Citigroup and Deutsche Bank with criminal cartel offenses, the most dramatic move so far in a...

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