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Here below you find the most read articles over the last week.
U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said. Read More.
Thousands of steelworkers have gathered in western Germany in a protest over the planned merger of the European steel operations of Thyssenkrupp and Tata Steel, which is expected to cost up to 4,000 jobs. Read More.
The Secretary of State for Digital, Culture, Media and Sport has referred Fox’s proposed takeover of Sky to CMA on public interest grounds. Read More.
The antitrust laws are not some meta-legislation authorizing whatever regulation activists want: Labor market edition
In a recent post at the (appallingly misnamed) ProMarket blog (the blog of the Stigler Center at the University of Chicago Booth School of Business — George Stigler is rolling in his grave…), Marshall Steinbaum keeps alive the hipster-antitrust assertion that lax antitrust enforcement — this time in the labor market — is to blame for… well, most? all? of what’s wrong with “the labor market and the broader macroeconomic conditions” in the country. Read More.
Talya Solomon Iris Achmon.
There is an ongoing debate whether and to what extent competition laws should regulate excessive pricing by entities with market power. Some jurisdictions, such as the USA, dismiss the concept entirely. Others, as is the case with the European Union, recognise the cause but place limitations on its enforcement, such that few excessive pricing cases ever go to court and fewer still are actually resolved. Read More.
Akzo Nobel and Others v Commission: When Can Parent Companies be Liable for the Acts of Subsidiaries Even if Action Against the Subsidiary is Time-barred?
Jens Peter Schmidt.
The fact that the Commission’s power to impose fines on a subsidiary is time-barred does not preclude the parent from being held liable for the same infringement. Read More.
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