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Your Weekly Digest | Issue 29

Valur Thrainsson
2 min read

Good morning,

We hope you are enjoying CompetitionFeed.

Here below you find the most read articles over the last week.


REUTERS

U.S. and AT&T discuss conditions for approval of Time Warner deal

WASHINGTON (Reuters) - AT&T Inc and the U.S. Department of Justice are discussing conditions the No. 2 wireless carrier needs to meet in order to win government antitrust approval for its acquisition of Time Warner Inc, sources familiar with the situation told Reuters on Thursday. Read More.

REUTERS

Sprint, T-Mobile call off merger after months of talks

SAN FRANCISCO/NEW YORK (Reuters) - Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. Read More.

REUTERS

CVS bid for Aetna: A $66 billion bet on cutting drug costs

NEW YORK (Reuters) - The proposed merger between U.S. pharmacy operator CVS Health Corp and No. 3 health insurer Aetna Inc represents a $66 billion bet that insurers can drive down high U.S. drug prices by cutting out the middleman. Read More.

ACCC

ACCC welcomes 5G but flags competition issues

The ACCC is rethinking the way it approaches spectrum competition issues ahead of the upcoming 5G auction, ACCC Chairman Rod Sims said today. Read More.

Antitrustalert

Beware of “Gun Jumping”: EU Court Upholds EUR 20 Million Fine Imposed On Norwegian Seafood Company

In 2014, the European Commission imposed a EUR 20 million fine on Marine Harvest for “jumping the gun”. On 26 October 2017, the General Court of the European Union (“General Court”) confirmed the European Commission’s decision (“Decision”). Read More.


FTC

A short primer on the economics of conditional pricing practices

Recently, the Bureau of Economics published "Conditional Pricing Practices -- A Short Primer" as part of its Economic Issues series. The primer surveys the theoretical economic literature on conditional pricing practices, focusing on how different CPPs can induce similar strategic responses from customers and rivals and have similar effects on competition despite taking different forms. Read More.


Lexology

CMA opens four new pharma antitrust probes

On 13 and 18 October 2017 the Competition and Markets Authority (CMA) announced that it had launched four separate antitrust investigations into alleged anti-competitive practices regarding generic products in the pharmaceutical industry. Read More.


HBR

As More People Worry About Monopolies, an Economist Explains What Antitrust Can and Can’t Do

Is America really dominated by monopolies? And is antitrust the answer? Carl Shapiro is a professor at the Haas School of Business at the University of California at Berkeley, an expert in antitrust, and served at the Department of Justice during the Obama and Clinton administrations. He also served on the Council of Economic Advisors under President Obama. Read More.


Review of Industrial Organization

Economics at the FCC, 2016–2017: Auction Designs for Spectrum Repurposing and Universal Service Subsidies

uring the past year, Commission economists contributed to the agency’s ongoing efforts to use market-based mechanisms—such as auctions—to allocate spectrum and distribute universal service subsidies efficiently. Read More.

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Best wishes, CompetitionFeed Team
E-mail: valur@competitionfeed.com

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