«
As competition regulator we need to be looking more broadly to study and work to improve the markets and the efficacy and efficiency.
Not exact matches
Recent attempts at mega-mergers, like BHP and Potash or Xtrata and Anglo, have been found wanting by investors who viewed them
as unwieldy and destructive to per - share value, and by governments and
regulators who found them detrimental to
competition (or politically unpopular).
Specific rules that mention net neutrality or traffic prioritization and the like are still a minority, but it can be a matter of interpretation
as to the application of more general regulation to do with
competition issues by sector specific
regulators or
competition authorities.
As a result, the
regulator also plans to hold a separate proceeding early next year to further probe the state of
competition in the wholesale roaming market.
These changes often have been driven
as much by Chinese bankers» need to please a varied group of
regulators — whose own institutional biases are exacerbated by the
competition, and even hostility, that exists among them —
as by economic and financial factors.2
That's where Margrethe Vestager serves
as the European Union's chief
competition regulator — and it's a perch from which she's swiped at Apple, Amazon, Facebook and Google even at a time when the U.S. government seems a little lost on how exactly to regulate the tech industry.
BEIJING China will form a powerful new
competition and food safety
regulator in a bid to ramp up oversight of mergers and acquisitions and price - fixing
as the world's second - largest economy seeks to make policymaking more efficient.
Consumer groups want the
competition regulator to apply the same pressure on airlines to slash fuel surcharges
as it is on petrol retailers for price - gouging rural motorists.
The chairman was speaking after releasing a set of commitments that opens more CBH grains facilities to transport
competition, that gives farmers a wider window to opt out of service contracts with the company and that embeds the
regulator as the gatekeeper of pricing of train services.
Despite these attempted reforms, energy networks were still routinely seeking reviews of the
regulators» decisions, essentially using the Australian
Competition Tribunal
as a second
regulator.
At a tribunal hearing in Adelaide on Tuesday, the
competition regulator tried to stall Murray Goulburn's application on the basis that
as more investors accepted Saputo's bid, it had become more difficult to gather evidence.
In a provisional decision, the
competition regulator alleged supermarkets Asda, Morrisons, Safeway, Sainsbury, and Tesco,
as well
as dairy processors Arla, Dairy Crest, Lactalis McLellan, the Cheese Company and Wiseman, collaborated to fix the retail price of milk, butter and cheese.
With huge margins achieved by Australia's fairly concentrated meat processing heavyweights such
as Teys and JBS
as well
as smaller players in the last few years, there has been concern that cattle producers were being ripped off, sparking a parliamentary inquiry and a market study by the
competition regulator.
On Thursday Mr Irvin also said the board will consider raising its own takeover offer for WCB
as early
as next week, after Bega received the all clear from the
competition regulator.
This is followed by an «information request», seeking feedback on the merits of each option (ACCC or ASIC
as regulator responsible for advancing
competition)
Monitor's role
as economic
regulator enforcing
competition alongside the Competition and Markets Authority (CMA) would also be brought
competition alongside the
Competition and Markets Authority (CMA) would also be brought
Competition and Markets Authority (CMA) would also be brought to an end.
Referring to the «marketplace» of residential children's homes, Gove explained: «We are working with
competition experts and economic
regulators,
as well
as private and local authority providers, to improve the commissioning system in this market.»
As a result,
regulators with Draconian powers have been called upon to provide artificial
competition and to control profits through the imposition of special «targets», which probably provide more distortion in the marketplace than ever before.
Instead, the model came under attack from US
regulators who saw it
as a
competition violation.
The ruling discussed at the top of this post was issued by Ofcom — which describes itself
as the «Independent
regulator and
competition authority for the UK communications industries.»
Unlike in other fields, such
as Competition law, there is no pan-European
regulator to oversee compliance with EU data protection rules in multi-jurisdictional investigations.
Second, the court held that in order for the RCD to apply, separate and formal legislative action is not required if a
regulator already has the regulatory authority to take actions that might otherwise violate the
Competition Act (in this case, the LCBO's authority to enter into contracts such
as the Beer Framework Agreement).
The advantages are greatest when the case arises
as a «follow - on» action from a finding of anti-competitive behaviour by a
competition regulator.
City - based
competition partner Suyong Kim took the lead for WilmerHale
as Morrisons claimed compensation totalling # 100,000 after a dispute with the OFT relating to the
regulator's dairy cartel investigations.
The Government announced on 30 November that it will launch its own consultation in Spring 2016 into removing barriers to entry for alternative business models and making legal service
regulators independent from their representative bodies to encourage
competition, better enabling, for example business such
as supermarkets and estate agents to offer legal services such
as conveyancing, probate and litigation.
Stephen Ward, director of strategy and external relations at the Council for Licensed Conveyancers said: «This study provides useful evidence
as the legal sector
regulators continue to shape our responses to recommendations from the
Competition and Markets Authority on making more information available to help consumers choose their lawyer.
In my opinion, a good
regulator needs to start with a clear set of regulatory objectives, and needs to design a regulatory system that meets those objectives; objectives such
as maintaining rule of law, access to justice, assuring consumer outcomes, promotion of
competition.
She advises many of the key industry participants including Anglo American, Vale, Peabody Energy, Glencore and QCoal,
as well
as key
regulator the Queensland
Competition Authority.
Ronit regularly appears in the High Court,
Competition Appeal Tribunal and Court of Justice in Luxembourg, as case leader, as well as defending clients before a range of competition and industry
Competition Appeal Tribunal and Court of Justice in Luxembourg,
as case leader,
as well
as defending clients before a range of
competition and industry
competition and industry
regulators.
It avoids a situation where the
regulator is obliged to conclude that a market is effectively competitive on the basis of existing regulation, ie Ofcom's ex post dispute resolution powers and / or the E2E obligation, whereby,
as a result of the decision not to impose an ex ante remedy,
competition in the market could again be distorted.
The
competition between sector
regulators and the FCA's desire to be regarded
as «first among equals» may also motivate further
competition enforcement.
As legal secretary to the CAT he was involved in all the first «landmark appeals against the decisions of the OFT and sectoral
regulators under the
Competition Act 1998, reviews of merger control decisions under the Enterprise Act 2002 and the first «follow on» claims for damages brought in the Tribunal under the 1998 Act.
The reckless disconnect between the
Competition Bureau and the
regulators should be viewed
as worrisome to the consumer, brokers, agents, law makers, privacy advocates and
regulators alike.
For a
regulator to legally command all licensees (including non-members) to use intellectual property owned by a trade association,
as opposed to the
regulator opens a Pandora's Box in terms of individual rights and
competition law.