«In assessing the impact of the transaction on markets in Australia, the ACCC will give consideration to a number of factors including the licensing arrangements for large imported beer brands in Australia,»
the competition regulator said.
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.
Not exact matches
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.
It therefore has a lot of incentive to play nice, which is another way of
saying that
regulators,
competition watchdogs and government have plenty of reasons to be wary of any such partnerships.
The Ainsworth sale was deemed harmful to
competition by
regulators; its managers should consider what could achieve the same business goal —
say, sustained earnings growth — without further consolidating the industry, Raina
says.
At the time, Zenefits CEO Parker Conrad
said the ban was «kind of bullshit,» and «blatant overreaching where the
regulator is trying to protect brokers from
competition.»
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.
** MegaFon, Russia's No. 2 mobile phone company, has obtained clearance from the country's
competition watchdog for a potential acquisition of rival Scartel, the
regulator said.
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-...]
Lino Saputo, Jr the boss of Canada's dairy giant Saputo Inc
says he does not see any potential issues with the
competition regulator.
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.
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.
Leaving little doubt BP will challenge the
regulator's outright rejection of the acquisition, Mr Holmes voiced «fundamental concerns» with the analysis behind the Australian
Competition and Consumer Commission's decision, which he
said was surprising and disappointing.
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.
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.
JPMorgan analysts reckon the
competition regulator should have good things to
say about Boral and CSR's proposed brick joint venture when it reports back to the market this week.
Updated The
competition regulator has cast doubt over Boral and CSR's proposed brick joint venture,
saying the deal would create a duopoly and increase the price of bricks for consumers.
Mr Sims
said the
regulator did not make a policy of giving every company it believed was in breach of
competition laws the opportunity to change their actions in order to escape prosecution.
Woolworths conspired with laundry detergent manufacturers to replace old products with new products on the same «D - Day» so Australian consumers paid more for detergent than New Zealanders,
says the
competition regulator.
«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.
County Executive Mark Poloncarz (L) and Rep. Brian Higgins both
say competition will suffer if
regulators approve Key Bank's takeover of First Niagara
Clegg
says he finds it odd that a newspaper group can organically grow its market share with no intervention from
competition regulators.
Competition between banks and slight improvements in the credit markets are prompting looser standards for qualifying for mortgages and other loans,
say regulators at the Office of the Comptroller of the Currency.
«The primary cause of reduced
competition in this RFP was uncertainty over PJM's capacity market,» Boston Pacific
said in its testimony to state
regulators.
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.
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).»
Further, she
said the use of the technology «may raise fair
competition issues if there emerges a monopolistic environment», arguing that ESMA believes that is a risk that private blockchain systems could result in a loss of transparency for
regulators.