Skip to content

Your Weekly Digest | Issue 24/2022

Valur Thrainsson
6 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 24/2022
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
A European Union court has invalidated a decision by the bloc’s executive arm to fine technology company Qualcomm more than $1 billion in an antitrust case. Read more.
A European court’s reversal of a landmark $1 billion antitrust penalty against Qualcomm — the second time the company has successfully appealed a ruling about the same anti-competitive behavior — has cast doubt on enforcers’ ability to make antitrust action stick, even while regulatorsA European court’s reversal of a landmark $1 billion antitrust penalty against Qualcomm — the second time the company has successfully appealed a ruling about the same anti-competitive behavior — has cast doubt on enforcers’ ability to make antitrust action stick, even while regulators worldwide are trying to tackle Big Tech with every tool available. worldwide are trying to tackle Big Tech with every tool available. Read more.
South Korea's antitrust regulator said Tuesday it has decided to impose a combined 6.53 billion-won ($5.06 million) fine on six logistics firms for fixing prices. Industry leader CJ Logistics Corp., Dongbang Transport Logistics and four others colluded to fix price quotes in order to win bids for loading and unloading work at ports that was offered by top steelmaker POSCO between 2016 and 2018, according to the ... Read more.
The Bundeskartellamt has imposed fines totalling approx. 12.5 million euros against Aktien-Gesellschaft der Dillinger Hüttenwerke (Dillinger Hütte) and Hochtief Solutions AG (Hochtief) for concluding illegal agreements within the context of award procedures. The Bundeskartellamt has imposed fines totalling approx. 12.5 million euros against Aktien-Gesellschaft der Dillinger Hüttenwerke (Dillinger Hütte) and Hochtief Solutions AG (Hochtief) for concluding illegal agreements within the context of award procedures.  Read more.
The Federal Trade Commission today took action to protect competition in markets for specialty and emergency veterinary services by requiring the owner of a chain of veterinary clinics, JAB Consume... Read more.
As part of its market study into mobile ecosystems, the CMA commissioned consumer research into the UK smartphone market. Read more.
Welcome to the FTC UMC Roundup for June 17, 2022. This week’s roundup is a bit shorter – but only because your narrator would rather be out climbing mountains in Squamish, BC, than reading or writing about Sen. Amy Klobuchar’s (D-MN) pretty bad week. From where I sit, me climbing a multipitch 5.13 mountain looks... Read more.
The inflation rate is now 8.6 percent — the highest rate in 40 years. President Biden says that reducing the level of inflation is his top domestic priority. Yet, the chair of the Federal Trade Commission and the head of the Antitrust Division of the Department of Justice are obsessed with the need to throw consumers under theThe inflation rate is now 8.6 percent — the highest rate in 40 years. President Biden says that reducing the level of inflation is his top domestic priority. Yet, the chair of the Federal Trade Commission and the head of the Antitrust Division of the Department of Justice are obsessed with the need to throw consumers under the bus and force sellers to increase the prices they charge for goods and services. bus and force sellers to increase the prices they charge for goods and services. Read more.Read more.
To spare the economy from the pain of further interest rate hikes, the President should aggressively pursue anticompetitive conduct by companies in concentrated industries and ignore the guidance of neoliberals. With an endless faith in markets to solve all problems, neoliberal economists are engaging in Olympic-level logical gymnastics to avoid blaming market power in the... Read more.
Carolina Abate, Alexis Brunelle
Cartels are almost universally considered as the most harmful anticompetitive practice. However, despite the constant rise of the level of fines in several jurisdictions, and the significant risk of reputational damage faced by firms found guilty of such practices, cartel behaviour does not seem to be waning away.Cartels are almost universally considered as the most harmful anticompetitive practice. However, despite the constant rise of the level of fines in several jurisdictions, and the significant risk of reputational damage faced by firms found guilty of such practices, cartel behaviour does not seem to be waning away. Read more.
Gabor Koltay, Szabolcs Lorncz and Tommaso Valletti
The paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a coThe paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high concentration industries, and an overall tendency towards oligopolistic structure.nsiderably increasing proportion of high concentration industries, and an overall tendency towards oligopolistic structure. 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