Here below you find the most read articles on CompetitionFeed over the last two weeks.
France and Germany raised pressure on the European Union’s competition chief to approve the merger of Alstom and Siemens’ rail businesses, warning that thwarting the proposed European champion would be a strategic error. Read More.
Siemens and Alstom on Friday beefed up concessions aimed at allaying EU antitrust concerns about their rail merger deal, a person familiar with the matter said, in a belated and possibly futile move to stave off an EU veto against the deal. Read More.
Mark Zuckerberg, Facebook’s chief executive, plans to integrate the social network’s messaging services — WhatsApp, Instagram and Facebook Messenger — asserting his control over the company’s sprawling divisions at a time when its business has been battered by scandal. Read More.
Commission fines Mastercard €570 million for obstructing merchants' access to cross-border card payment services
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Read More.
Rentokil Initial must sell several large supply contracts to satisfy CMA concerns over its merger with Cannon Hygiene. Read More.
EU Court confirms the need for transparency and full disclosure of economic analyses in EU merger cases (UPS/TNT)
On 16 January 2019, the Court of Justice of the European Union (“CJEU” or “Court”) dismissed the European Commission’s appeal against the annulment of its decision to prohibit the acquisition of TNT by UPS. The CJEU stressed the importance of respecting companies’ rights of defence as regards economic analysis and methodology used in merger control. Read More.
“Shaping competition policy in the era of digitization” was the ambitious title of Brussels’ latest competition conference hosted by none other than Commissioner Vestager herself. Read More.
Edward B. Rock and Daniel L. Rubinfeld
With the growth of common ownership and investor engagement with portfolio firms, the possibility of adverse competitive effects of common ownership has become an important issue. Read More.
I quantify efficiencies that were created following a horizontal merger between Coca-Cola and Glaceau, the manufacturer of Vitaminwater and Smartwater, in the U.S. premium bottled water market. Read More.
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