Your Weekly Digest | Issue 106
Good morning,
Here below you find the most read articles on CompetitionFeed over the last week.
The New York Times
Sprint and T-Mobile Merger Approval, Said to Be Near, Could Undercut Challenge by States
The Justice Department is moving closer to approving T-Mobile’s $26 billion merger with Sprint, but only if the companies sell multiple assets to create a new wireless competitor, according to three people familiar with the plan. Read More.
Reuters
Mexico blamed Walmart's size, access to rivals' data in blocking app deal
Mexican officials blocked Walmart Inc’s deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use the app to order groceries and other goods, according to an official document and an interview with the top competition regulator this week. Read More.
Reuters
GSK offers concessions to address EU concerns over Pfizer deal
GlaxoSmithKline has offered concessions to address EU antitrust concerns over its planned joint venture with Pfizer’s consumer health business, the European Commission said on Thursday. Read More.
CMA
Suppliers of antidepressants accused of illegal anti-competitive conduct
The CMA has provisionally found that 4 pharmaceutical companies broke competition law in relation to the supply of an anti-depressant drug. Read More.
CMA
Understanding past merger remedies
This research report evaluates 18 merger remedies put in place by the CC, OFT and the CMA .Read More.
Truth on the Market
New Paper Reveals “Stealth” Consolidation But Competitive Effects Remain Hidden
Thomas Wollmann has a new paper — “Stealth Consolidation: Evidence from an Amendment to the Hart-Scott-Rodino Act” — in American Economic Review: Insights this month. Read More.
Hogan Lovells
Antitrust, Competition and Economic Regulation Quarterly Newsletter
This ACER Quarterly includes Hogan Lovells articles, alerts and blogs published between 1 March and 31 May 2019. The content was produced around the time of the developments in question. Matters covered may therefore have been subject to further developments since initial publication. Read More.
LEXOLOGY
PayPal / iZettle: a paradigm shift in UK merger control?
The CMA announced on 11 June 2019 that it had unconditionally cleared PayPal’s acquisition of iZettle, the innovative Swedish FinTech company that offers mobile point-of-sale services, following an in-depth six month Phase II investigation. Read More.
Journal of European Competition Law & Practice
Beyond Internal Documents: The Commission’s Recent Assessment of Conglomerate Mergers
Joan de Solà-Morales
In 2018, Commissioner Vestager highlighted how internal documents have shaped the Commission’s assessment in recent cases, and announced her intention to publish a set of best practices on requests for internal documents in merger investigations. Read More.
CLES Policy Paper Series 1/2019
The Future of Competition Policy in Europe – Some Reflections on the Interaction Between Industrial Policy and Competition Law
Ioannis Lianos
The paper explores the interaction between industrial policy and competition law, in particular merger control in Europe. Read More.
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