Authors:
CPI
Abstract: Compass sued the Real Estate Board of New York alleging that the trade group conspired with traditional brokerages to thwart competition from upstarts by blocking agents from joining new firms, reported Bloomberg. The Softbank-backed real estate brokerage, which filed for an initial public offering this month, alleges that Rebny and established brokerages are seeking to […]The post Compass Over Market Control Sues Real Estate Board Of NY appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:54:22 +000
Authors:
CPI
Abstract: Seismic shocks ahead for Big Tech loom — certainly in China, and almost certainly for firms here in the US Bloomberg reported on Friday (March 12) that Tencent and Baidu have been censured by the nature’s antitrust regulators. Tencent and Baidu have been fined 500,000 yuan each for past acquisitions and investments they have made. The Wall Street Journal has […]The post Big Tech Faces Regulatory Hurdles In China appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:52:49 +000
Authors:
CPI
Abstract: The Federal Trade Commission and the Department of Justice said Friday that enforcers will still allow mergers to clear the review process early in certain situations, despite the temporary suspension of granting early termination (ET) under the Hart-Scott-Rodino Act. On February 4, 2021, the Federal Trade Commission, with the support of the Department of Justice, […]The post DOJ & FTC Agree Some Early Merger Clearances Allowed appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:49:17 +000
Authors:
CPI
Abstract: Google is facing a ‘very large investigation’ into its advertising business, the EU’s competition commissioner has said. Margrethe Vestager issued the warning during an online event on Friday which was reported by Bloomberg. She said that an investigation was being carried out into the ‘Google ads ecosystem’. The EU had been investigating Google’s data practices […]The post Vestager Says Google Faces “Very Large Investigation” In Ads appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:46:10 +000
Authors:
CPI
Abstract: China’s market regulator said Friday that it fined a dozen companies, including games company Tencent Holdings and Chinese search engine firm Baidu, for not disclosing past deals as authorities step up anti-monopoly scrutiny in the internet sector. The companies, which included other firms such as ride-hailing company Didi Mobility and Softbank, were fined 500,000 yuan […]The post China’s Watchdog Fines 12 Firms With New Anti-Monopoly Law appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:39:58 +000
Authors:
CPI
Abstract: The European Commission said on Friday it had authorised a loan of 351 million euros ($419 million) from the Finnish government to airline Finnair as compensation for losses suffered during the pandemic. The airline, similar to other competitors, incurred significant operating losses due to travel restrictions in Finland and destination countries, the Commission said. “With […]The post EU Approves €351M State Loan To Finnair Due To Pandemic appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:38:17 +000
Authors:
CPI
Abstract: Poland’s Office of Competition and Consumer Protection, locally known as UOKiK, has given the green light to two state-owned companies to create joint ventures with foreign partners for the construction of wind farms in the Baltic Sea. In the first case, PGE Polska Grupa Energetyczna has received the regulator’s approval to establish a JV with […]The post Poland OKs Two State-Owned Wind Companies To Work Together appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:35:26 +000
Authors:
CPI
Abstract: Rappi, a SoftBank-backed Latin American delivery app, along with Uber Eats, have won the first round of a dispute against their main rival in Brazil, iFood, Reuters reported. Antitrust watchdog CADE said iFood has to stop signing exclusivity deals with restaurants, according to Reuters. The deal is a win for Uber Eats and Rappi because […]The post Rappi, Uber Eats Ahead In Brazil Antitrust Case appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:33:30 +000
Authors:
CPI
Abstract: By Nicholas Evan Hakun (Temple University) The First Amendment allows a business to sue its competitor even if its goal is to destroy them. It should not, however, protect a lawsuit designed solely to inflict harm collateral to the proceedings. Unfortunately, courts routinely fail to distinguish legitimate suits from predatory shams and have no solution […]The post Strategic Litigation and Antitrust Petitioning Immunity appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 21:23:16 +000
Authors:
Tasnuva Shelley
Abstract: By Tasnuva Shelley1 There is international consensus that competition agencies should devote their efforts to enforcing prohibitions against cartels. Competition laws across the world differ in various aspects; however, there is one feature that unites them, i.e. condemning anti-competitive agreements. There is almost universal agreement that price-fixing and market allocation cartels reduce economic efficiency. […]The post Competition Law and the Digital Economy – Shaping a New Bangladesh appeared first on Competition Policy International. PubDate: Sun, 14 Mar 2021 18:48:16 +000
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