Your Weekly Digest | Issue 87
Good morning,
Here below you find the most read articles on CompetitionFeed over the last two weeks.
REUTERS
Germany, France face hurdles in push to rewrite EU antitrust rules
Germany and France want to overhaul EU mergers rules following the European Commission’s veto of efforts by Siemens and Alstom to create a European rail champion to compete with larger foreign rivals. Read More.
BBC
Sainsbury's-Asda merger faces crunch decision
A key decision that could reshape the UK's supermarket sector is due shortly, with Sainsbury's and Asda waiting to hear if their proposed merger can go ahead. Read More.
European Commission
Commission prohibits Siemens' proposed acquisition of Alstom
The European Commission has prohibited Siemens' proposed acquisition of Alstom under the EU Merger Regulation. The merger would have harmed competition in markets for railway signalling systems and very high-speed trains. The parties did not offer remedies sufficient to address these concerns. Read More.
European Commission
Commission prohibits Wieland's proposed acquisition of Aurubis Rolled Products and Schwermetall
The European Commission has prohibited, under the EU Merger Regulation, Wieland's proposed acquisition of Aurubis Rolled Products and Aurubis' stake in Schwermetall. It had serious concerns the merger would reduce competition and increase prices for rolled copper products used by European manufacturers. Read More.
Bundeskartellamt
Bundeskartellamt prohibits Facebook from combining user data from different sources
The Bundeskartellamt has imposed on Facebook far-reaching restrictions in the processing of user data. Read More.
FTC
FTC Approves Final Order Imposing Conditions on Marathon Petroleum Corporation’s Acquisition of Express Mart
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Marathon Petroleum Corp.’s proposed acquisition of Express Mart would violate federal antitrust law. Read More.
Open Letter
More, not less, competition is needed in Europe
We have been looking with preoccupation at the political pressure on the European Commission in the context of the merger between Siemens and Alstom, and even more at the political reactions to the prohibition decision. Read More.
Truth on the Market
Exploring “First Principles” for Optimal Regulation
In my fifteen years as a law professor, I’ve become convinced that there’s a hole in the law school curriculum. Read More.
Chillin'Competition
This is not a post on Siemens/Alstom – Congratulations to DG Comp (and brace for what’s coming)
I have no view on whether the Siemens/Alstom deal deserved to be prohibited or not. Read More.
ANTITRUST ALERT
FTC Allows Problematic Vertical Merger to Proceed with a Behavioral Remedy
On January 28, the US Federal Trade Commission (FTC) announced that it had accepted a proposed settlement with office supply distributors Staples and Essendant in connection with Staples’ proposed $482.7 million acquisition of Essendant. Read More.
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