Sentences with phrase «competition regulator»

A competition regulator is an organization or entity responsible for ensuring that businesses operate fairly and competitively within a particular market or industry. Their role is to prevent anti-competitive practices, such as monopolies or collusion, and protect consumers by promoting competition and fair pricing. Full definition
The commission's officials were aided by national competition regulators.
Achieving competition clearances in significant cases may call for complex and high profile dialogue with competition regulators within tight timetables.
LOBLAW COMPANIES LTD., $ 47.01, Toronto symbol L, has received approval from competition regulators for its acquisition of Shoppers Drug Mart Corp. (Toronto symbol SC), which operates 1,253 drug stores across Canada.
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.
Hires continue in Johannesburg, as Baker McKenzie and ENSafrica make additions, while a new app helps clients subject to dawn raids by competition regulators.
Gustaf Duhs, head of competition and regulatory at Stevens & Bolton, said: «It is very rare for competition regulators to take action in respect of excessive prices because it is very hard to define when a price becomes excessive, and because in a competitive market excessive prices are unsustainable (an increase in price will lead to a loss in market share).»
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.
The licensing deal for Australia's No. 1 selling imported beer, Corona, will come under close scrutiny by the Australian competition regulator in the wake of an in - principle agreement for a $ 146 billion global mega-merger between Anheuser - Busch InBev and SAB Miller.
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.
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.
Interestingly, competition regulators in Mexico and the United Kingdom have successfully attacked such restrictions.
«As competition regulator we need to be looking more broadly to study and work to improve the markets and the efficacy and efficiency.
The chairman of Korea's Fair Trade Commission — the economic competition regulator — has blasted efforts to shutter cryptocurrency exchanges before calling on the government to regulate the industry instead.
This is a wake ‑ up call to the real estate regulators, federal competition regulators, real estate associations and to all brokers who have let our referral system be abused by a niche group within our industry.
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.
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.
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.
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.
Mr Waters said that with competition regulators clamping down on Woolworths» growth in food and liquor markets, the retailer needed to pursue growth in new markets.
The competition implications of the takeover had, however, been already assessed by the peak competition regulator, the Australian Competition and Consumer Commission.
But competition regulator still locked in legal battle with Woolworths over alleged unconscionable conduct.
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.
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 transaction is conditional on a number of matters including approval from the NZ competition regulator.
«MG need to receive competition regulator clearance and we know that that process could take between three and six months.»
«Fonterra can comfortably pursue both [higher milk prices and shareholder returns] because its milk price is rules - based and subject to oversight by a panel chaired by an independent director of Fonterra [and with a majority of its members being independent] coupled with oversight by NZ's competition regulator through a very public process,» he said.
Royal Ahold has received approval from the Dutch competition regulator NMa to buy 29 Konmar stores from Laurus...
Unsurprisingly, the EU commission and competition regulators found Geely's acquisition of Volvo does not significantly impede competition in Europe, and signed off on the deal.
The deal will face the scrutiny of US competition regulators as it would create the largest office supply superstore chain in America.
African competition regulators are increasingly cooperating through organisations like the International Competition Network (ICN) and the African Competition Network.
These settlement agreements attract concern from competition regulators due to their potential to take the form of so - called «pay - for - delay» or «reverse payment» arrangements where a generic manufacturer agrees to delay the launch of a competing generic product in exchange for a transfer of value (monetary or otherwise) from the brand company....
Hogan Lovells» Falk Schöning looks at blockchain technology and explains why competition regulators are getting so interested in it
What's alarming for Google is that not only are European competition regulators hot on its heels for allegedly abusing its position of dominance in online search and with Android, tax authorities across the continent are also distinctly unhappy with the contribution the company seems to be making to their respective national exchequers.
Australia «s competition regulator said it also would scrutinize the proposal, citing «a range of potential issues and areas of overlap.»
Natasha Lomas TechCrunch Germany's national competition regulator has announced it's looking into market conditions in the online advertising sector, responding to to concerns among advertisers that a lack of transparency could be skewing market conditions.
Analysts said the deal was a bet that recent changes in the retail industry - including the rise in online shopping, hard discounters and Tesco's purchase of Booker - would ease any opposition from competition regulators.
The Australian competition regulator has weighed into Fairfax's $ 200 million merger of it radio assets with John Singleton's Macquarie Radio Network, seeking submissions from interested parties.
The FTC, which also serves as the economic competition regulator, said current customer contracts from exchange operators «unfairly» keeps users from withdrawing their deposits.
BY DOUG MCCALLUM This is a wake ‑ up call to the real estate regulators, federal competition regulators, real estate associations and to all brokers who have let our...
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.
Rio's Chinalco deal clears first hurdle The competition regulator has approved Chinalco's investment in Rio Tinto on the grounds that Rio alone could not have a significant effect on the dynamics of the global iron ore market.
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.
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.
The biggest hurdle to a merger could be Britain's competition regulator, which may be wary of allowing two of the country's biggest grocery chains to combine.
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