Skip to content

Your Weekly Digest | Issue 22/2022

Valur Thrainsson
7 min read

Welcome to CompetitionFeed, a weekly newsletter with the most recent and relevant competition and anti-trust news, blogs and journal publications. Never miss an update. If you’d like to receive issues over email, you can sign-up here.

Your Weekly Digest | Issue 22/2022
Add our e-mail address to your safe sender list to guarantee deliverability.
Good morning!

Last week we sifted through 5.000+ articles from 100+ publishers to help you stay updated!

Below are the pieces that I have handpicked and find the most recent and relevant competition and anti-trust news, blogs, and journal publications.

Enjoy

Kind regards, Valur
Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc , from giving preference to their own businesses on their websites. Read more.
Three of the Supreme Court's conservatives sound like they've been reading Lina Khan ... and are itching for a fight. Read more.
Sheep herders in the US have banded together to sue their employers, accusing them of operating an illegal cartel that artificially suppresses... Read more.

The ACCC has instituted proceedings in the Federal Court against Mastercard Asia/Pacific Pte Ltd and Mastercard Asia/Pacific (Australia) Pty Ltd (together, Mastercard), for allegedly engaging in conduct with the purpose of substantially lessening competition in the supply of debit card acceptance services. Mastercard’s alleged anti-competitive conduct commenced in late 2017 in the context of the Reserve Bank of Australia’s least cost routing initiative.

The Italian Competitio Authority (ICA) found that since June 2017 Leadiant has charged the Italian NHS unfairly excessive prices for the sale of a life-saving drug. Similar proceedings were conducted by competition authorities in The Netherlands and Spain. Read more. 
The Federal Trade Commission authorized an administrative complaint and a suit in federal court to block the acquisition of Saint Peter’s Healthcare System by RWJBarnabas Health, or RWJ, which is one of the largest hospital systems in New Jersey. The complaint alleges that in Middlesex County, in the central part of the state, the acquisition will harm competition for inpatient general acute care services,... Read more.
Grace Nsomba and Simon Roberts
Small and medium-scale farmers and agri-businesses in east and southern Africa are getting a raw deal. To succeed they need fair and integrated regional markets. Research by the Centre for Competition, Regulation and Economic Development has higlighted the need for better integration of regional economies as a step towards food security in the region. Read more.
The South African Competition Commission warns against unjustifiable price increases of basic foods, particularly edible oil By Gina Lodolo and Nicola Taljaard Recent increases in the prices of edi… Read more.
US antitrust enforcers have signaled that private equity firms are the prime targets for upcoming aggressive antitrust merger enforcement. Read more.
FTC Chair Lina Khan sat down with Guy Rolnik to discuss changes in governmental posture toward antitrust enforcement, her goals as head of the FTC and much more. On June 15th, 2021, Lina Khan, a 32 year-old legal scholar, was sworn in as the chair of the Federal Trade Commission. Her appointment by President Joe... Read more.
On 10 May 2022, the European Commission (“EC”) published a new Vertical Block Exemption Regulation (“VBER”) and guidelines on vertical restraints (“Vertical Guidelines”) that will enter into force on 1 June 2022. The package introduces important changes for the treatment of distribution agreements under EU competition law, in particular to the rules governing the combination... Read more.
Keith Klovers, Robert Kulick
In a recent notice requesting public comment on potential changes to merger enforcement, including revisions to the Horizontal Merger Guidelines and Vertical Merger Guidelines, DOJIn a recent notice requesting public comment on potential changes to merger enforcement, including revisions to the Horizontal Merger Guidelines and Vertical Merger Guidelines, DOJ and FTC (collectively, the “Agencies”) leaders assert that mergers have caused markets to become more concentrated and less competitive. and FTC (collectively, the “Agencies”) leaders assert that mergers have caused markets to become more concentrated and less competitive. Read more.
Radhakrishnan Gopalan, Renping Li, Alminas Zaldokas
Using a treated-control matched sample, we find that after a new direct board connection is formed to a product market peer, a firm's gross margin significantly increases by 0.8%. Gross margin also rises after a new indirect board connection is formed to a product market peer through a third intermediate firm. We see consistent results when the new connections are caused by changes on the board of an intermediate firm. Such third-party initiated changes are unlikely to be related to the economic prospects of the focal firm. Consistent with the anti-competitive mechanism, the effects are stronger when the newly connected peers are located closer to each other or have more similar businesses and when the firms are in industries with greater potential benefits of collusion.Using a treated-control matched sample, we find that after a new direct board connection is formed to a product market peer, a firm's gross margin significantly increases by 0.8%. Gross margin also rises after a new indirect board connection is formed to a product market peer through a third intermediate firm. We see consistent results when the new connections are caused by changes on the board of an intermediate firm. Such third-party initiated changes are unlikely to be related to the economic prospects of the focal firm. Consistent with the anti-competitive mechanism, the effects are stronger when the newly connected peers are located closer to each other or have more similar businesses and when the firms are in industries with greater potential benefits of collusion. Read more.Read more.
Like the newsletter?
Forward it to your friends or share it on social media :)
Did your friend forward it to you?
Sign up
Suggestions or comments?
Reply to this e-mail or write to valur@competitionfeed.com
Kind regards, Valur Þráinsson, Founder of CompetitionFeed.com. Email: valur@competitionfeed.com
*|LIST:ADDRESS|*
Unsubscribe | View in browser