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Here below you find the most read articles on CompetitionFeed over the last week.
Vodafone has pulled the sale of its paging business to Capita and will shut it down after the competition watchdog threatened to investigate the deal. Vodafone and Capita run the UK's last two paging businesses and agreed the sale in February. But the Competition and Markets Authority said it was concerned customers may now face price rises. Read More.
A judge effectively killed off any practical chance of Anthem Inc (ANTM.N) merging with Cigna Corp (CI.N) on Thursday as he declined to order Cigna not to terminate the deal. Judge Travis Laster of Delaware's Court of Chancery denied Anthem's request for a preliminary injunction but stayed implementation of his ruling until noon on Monday to give the insurer time to decide if it will pursue an appeal to the Delaware Supreme Court. Read More.
The European Commission's final report on the e-commerce sector inquiry identifies business practices that may restrict competition. It allows the Commission to target its enforcement of EU antitrust rules in e-commerce markets and has already prompted companies to review their practices. Commissioner Margrethe Vestager in charge of competition policy said: "Certain practices by companies in e-commerce markets may... Read More.
International Competition Network Adopts Recommended Practices on Merger Notification and Review and New Work on a Framework for Analyzing Unilateral Conduct
At its annual meeting, the International Competition Network (ICN) adopted new recommended practices for merger review, addressing notification thresholds, remedies, and efficiencies; a framework for analyzing unilateral conduct; guiding principles for market studies; and a report on setting cartel fines, the Federal Trade Commission announced today. Read More.
On 3 February 2017, the SCA has initiated proceedings against Aspen Pharma Ireland Ltd, Aspen Pharmacare Holdings Limited and Aspen Pharma Trading Limited (Aspen) for possible abusive practices consisting on a refusal to supply certain pharmaceuticals and for excessive prices. The SCA also investigates Deco Pharma S.L., Aspen’s distributor in Spain, for a possible agreement to limit distribution, causing a shortage of the affected drugs.Read More.
The Law on Fines Imposed in EU Competition Proceedings: Time for a Refresh of the Fining Guidelines?
2016 was about refining and building on the major developments that emerged in recent years, in particular with respect to the determination of the value of sales, the implementation of the core concept of ‘undertaking’ to shape the boundaries of personal liability regarding aggravating circumstances, the calculation of the 10 per cent ceiling in so-called ‘YKK situations’, as well as joint and several liability. Read More.
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