Sentences with phrase «us competition regulators»

In a move likely aimed at appeasing competition regulators, the mining companies scrapped plans to jointly market up to 15 per cent of production from their Pilbara operations.

Berlin, Paris and Rome are upset that the Commission, the bloc's competition regulator, approved ChemChina's purchase of Syngenta while China maintains restrictions on EU investment.

Perth ISP iiNet says Telstra's increase in wholesale line rental is a tactic to restrict competition that has «backfired» and welcomes the competition regulator's decision to issue Telstra with a consultation notice.

The competition regulator has initiated Federal Court proceedings against Perth - based franchise chain Pastacup and its co-founder Stuart Bernstein for alleged breaches of the Franchising Code of Conduct.

Australia's competition regulator said on Monday it would investigate whether U.S. online giants Facebook (fb) and Alphabet's Google (goog) have disrupted the news media market to the detriment of publishers and consumers.

Independent media analyst Peter Cox told Reuters it was unclear what measures the competition regulator could recommend to the government even if it found the country's media sector was increasingly anti-competitive.

With British competition regulators having provisionally rejected 21st Century Fox's $ 16.5 billion bid to take over the British broadcast giant Sky, Fox has returned with new solutions that it hopes will please the watchdogs.

The commission's officials were aided by national competition regulators.

Most analysis focuses on the trouble the deal could face with UK competition regulators, what the merger means for Walmart, and how it would affect the UK grocery market.

LONDON, May 3 British lawmakers said on Thursday they were seeking information from Britain's competition regulator regarding concerns over Sainsbury's» proposed 7.3 billion pounds ($ 9.9 billion) takeover of Walmart owned rival Asda.

LONDON British lawmakers said on Thursday they were seeking information from Britain's competition regulator regarding concerns over Sainsbury's» proposed 7.3 billion pounds ($ 9.9 billion) takeover of Walmart owned rival Asda.

May 2017 ---- Facebook is fined $ 122M in Europe for providing «incorrect or misleading» information to competition regulators who cleared its 2014 acquisition of WhatsApp.

Expectations are that the competition regulator will wave the deal through, despite grumblings from some rivals about market reach and Sky Racing.

While Tabcorp and Tatts Group try and get their $ 11.3 billion tie up past the competition regulator, Street Talk can reveal some of their smaller rivals in the horse and sports betting industry are mapping out their own futures.

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.

The EU competition regulator revived a long - dormant antitrust probe of the search giant once she took office, and earlier this year, she slapped Google with a record - breaking $ 2.7 billion fine for prioritizing its shopping search service over rivals» offerings.

Politicians call for watchdog to gauge affects of deal, saying it should not hurt suppliersMPs from two parliamentary committees have called on the competition regulator to examine how the merger of Sainsbury's and Asda will affect suppliers.The merger of the UK's second - and third - largest supermarket chains could hand them control of about 30 % of the -LSB-...]

Australia's largest dairy producer Murray Goulburn and its former executives misled farmers by overstating its milk price forecast, the competition regulator claims.

And now it seems only a matter of time before the competition regulator is asked to weigh in on Murray Goulburn's auction.

Treasurer Scott Morrison has had the ACCC looking into the whole dairy industry for the past 12 months, while the competition regulator singled out Murray Goulburn earlier this year claiming it had misled farmers by overstating its milk price forecast.

Its problem is that a previous bid was abandoned before the competition regulator was able to conclude any assessment of the merger.

Lino Saputo, Jr the boss of Canada's dairy giant Saputo Inc says he does not see any potential issues with the competition regulator.

The competition regulator claims to have busted apart a cartel in which Woolworths conspired with three multinational consumer goods companies to push up prices in the $ 500 million market for laundry detergents.

Caltex is meanwhile still awaiting a decision from BP on whether it will appeal the competition regulator's vetoing of its $ 1.8 billion purchase of Woolworths» petrol station network.

Against this backdrop, the company faces a class action, is being investigated by ASIC and the competition regulator ACCC has taken legal action in the Federal Court, alleging unconscionable conduct and misleading farmers in relation to forecasting a milk price of $ 6.05 when it allegedly knew dairy commodity prices were falling globally.

The competition regulator's decision to approve the deal last week without making market inquiries has intrigued bottlers, suppliers and advisers alike, particularly after its intervention last year in Asahi's acquisition of Australia's third - largest soft drink and water bottler, P&N Beverages.

The deal, which underpins BP's and Woolworths» ambitious convenience store plans, is now under a cloud because the competition regulator fears it may lessen competition in fuel and convenience retailing and lead to higher pump prices by removing a strong competitor.

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.

Vodafone Hutchison Australia has accused the competition regulator of using «failed gambles» and spurious analysis in its regulation of mobile phone and text message prices.

The competition regulator should be stripped of its control over the pricing and access terms of Telstra's wholesale phone and internet services, according to the draft report of the Harper Review.

The deal is now under a cloud because the competition regulator fears it may lessen competition in fuel and convenience retailing, and lead to higher pump prices by removing a strong competitor.

The competition implications of the takeover had, however, been already assessed by the peak competition regulator, the Australian Competition and Consumer Commission.

CBH insisted over and again to the competition regulator, to its owners and customers and to the media that Brookfield would likely abuse the market power delivered it by the alliance of the rail tracks it already owned in WA and the giant freight train company that would arrive with a successful run at Asciano.

Chairman Rod Sims said yesterday the competition regulator had not been able to reach agreement with Woolworths and Coles over a new process for vetting acquisitions of supermarkets, liquor and hardware stores.

That the personal data of tens of millions of Facebook users fell into the wrong hands is troubling politicians, but Germany's top competition regulator is questioning the sheer volume of information that the social network harvests.

But the competition regulator continues to pursue Woolworths over allegations it treated suppliers unconscionably in 2014 — allegations the No. 1 chain has vowed to «vigorously» defend in court.

ACCUSATIONS that Australia's two grocery giants, Coles and Woolworths, engaged in improper practices to force down prices from suppliers are being investigated by the nation's most powerful competition regulator.

The Metcash victory in the Federal Court against the Australian Competition and Consumer Commission is a rare and welcome victory that should force the competition regulator back to the drawing board.

Bega's adviser, David Williams of Kidder Williams, urged competition regulators to take a more «balanced» view of the dairy sector, saying industry rationalisation was necessary to build scale and enable the Australian industry to take a bigger share of the booming Asian dairy market.

The competition regulator has questioned Murray Goulburn's claim that its acquisition of Warrnambool Cheese & Butter will create a globally competitive business, arguing it is not clear a merged group would boost dairy exports.

The transaction is conditional on a number of matters including approval from the NZ competition 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.

Woolworths Group chief executive Brad Banducci says the supermarket chain can fund its ambitious store renewal program without $ 1.8 billion in cash from the sale of its fuel business, which has been blocked by the competition regulator.

Fuels giant BP has dismissed reports its $ 1.78 billion acquisition of Woolworths» petrol business is anti-competitive, «bad for the consumer» and unlikely to pass muster with the competition regulator.

Caltex Australia's $ 95m deal to buy Victoria's Milemaker Petroleum has run into trouble with the competition regulator.

While it's only round one for BP - and it is preparing for round two - the ACCC's move caps a big year for the competition regulator.

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.

But Senator Heffernan said his concern about the sale centred on the fact that the competition regulator did not have the power to regulate the price of warehousing grain and transfer pricing or deal with closed - loop trading.