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Competition Issues
September 2009 |
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Re-adoption of Concrete Reinforcing Bar Cartel
Decision
Europa Press Releases, September 30, 2009
The European Commission has
re-adopted a decision on a cartel in the concrete
reinforcing bar sector in Italy, following the
annulment of the previous decision by the CFI on
October 25, 2007 on procedural grounds. <<More>>
Antitrust Leaders Call for Cooperation
Howrey LLP, September 25, 2009
The leaders of the European
Commission’s DG Comp and the US Department of
Justice’s antitrust division advocated greater
cooperation between competition enforcers at 2009’s
international antitrust conference at Fordham
University in New York.
<<More>>
U.S. Chamber Urges Caution
Channelnewsasia.com, September 23, 2009
A study released on September 24, 2009 by the US
Chamber of Commerce urged caution when using Section 5
of the Federal Trade Commission Act to enforce
competition policy outside antitrust laws.
<<More>>
Draft
Rules on Anti-monopoly Law
International Law Office, September 24, 2009
Following in the steps of the
Ministry of Commerce and the State Administration of
Industry and Commerce, China, the National Development
and Reform Commission – the third regulatory agencies
making up the Anti-monopoly Enforcement Agency has
issued long-awaited draft guidance on the application
of the law's pricing provisions.
<<More>>
Strengthening Financial Supervision
Europa Press Releases, September 23, 2009
The European Commission has
adopted an important package of draft legislation to
significantly strengthen the supervision of the
financial sector in Europe. The aim of these enhanced
cooperative arrangements is to sustainably reinforce
financial stability throughout the EU. <<More>>
Collective Action in the Pharmacy Sector
The Competition Authority, September 23, 2009
The Competition Authority has
published its Notice in Respect of Collective Action
in the Community Pharmacy Sector. The Notice provides
guidance on the application of Irish and European
competition law to collective action by community
pharmacy contractors, and other health professionals,
when engaging with the Health Services Executive.
<<More>>
Efforts for Better
Competition
Channelnewsasia.com, September 23, 2009
The United States said it wanted to review
guidelines for company mergers and takeovers in a bid
to forge greater competition and transparency as well
to better protect consumers. The last revision of the
guidelines was done in 1992.
<<More>>
Merger Review Guidelines
Competition Bureau Canada, September 18, 2009
The Competition Bureau today published its Merger
Review Process Guidelines. The Guidelines provide
detailed guidance on the Bureau’s general approach to
administering the new, two stage merger review process
that came into force on March 12, 2009.
<<More>>
Proposal To Repeal Antitrust
Exemption
Leahy.senate.gov, September 17, 2009
The US Senate Judiciary Committee Chairman Patrick
Leahy introduced legislation to eliminate a federal
antitrust exemption for health insurance and medical
malpractice insurance companies.
<<More>>
Clampdown On Rule Breakers
Swedish Competition Authority, September 16, 2009
A government proposal whereby municipalities and
public authorities in Sweden can be fined for failing
to abide by the procurement rules has been welcomed by
the country’s Competition Authority. <<More>>
Cross-Border Mergers of
Limited Liability Companies
International Law Office, September 09, 2009
The Companies Law, which is in line with the
European Union Cross-Border Mergers Directive,
facilitates cross-border mergers involving Cypriot
companies. All Cypriot companies may participate in a
cross-border merger, except companies limited by
guarantee and companies subject to liquidation.
<<More>>
Amendment Act Signed into Law
International Law Office,
September 17, 2009
On August 28, 2009 South African President signed
the Competition Amendment Act (1/2009) into law. The
date of its entry into force is yet to be announced,
but the signing into law of the new act concludes a
legislative process that began in June 2008 when the
act was first tabled; it was finally passed by
Parliament in October 2008.
<<More>>
Policy must Stand
Firm in Times of Crisis
Konkurransetilsynet Norwegian Competition Authority, September
10, 2009
The competition authorities of Norway, Sweden, Denmark,
Finland, Greenland and Island have analysed how the present and
previous economic crises have influenced the competition policy,
and what lessons can be learned from those experiences.
<<More>>
Best Practice
Guidelines
International Law Office, September 10, 2009
In August 2009 the Norwegian Competition Authority published
best practice guidelines on the conduct of merger control
proceedings. The purpose of the guidelines is to improve the
predictability of proceedings and establish an efficient review
process.
<<More>>
Non-compliance
Harms Shareholders
International Law Office, September 10, 2009
There has been a noted decline in retailer shares in reaction
to the South African Competition Commission's announcement that it
would investigate a food retail chain for possible
anti-competitive behaviour.
<<More>>
Competition
Essential for Successful Government Policy
International Law Office, September 08, 2009
The Office of Fair Trading has published a guide for
policymakers on how they can identify and minimise unintended
long-term impacts on markets when fulfilling other policy
objectives.
<<More>>
Reappointing the
Chief Competition Economist
Europa Press Releases, September 08, 2009
The European Commission has reappointed Professor Damien Neven as
the Chief Competition Economist for a further period of three
years. The Commission decided exceptionally to reappoint Professor
Neven for a further period of three years to ensure continuity in
projects that last beyond a period of three years.
<<More>>
BWB Takes LNG Suppliers to Court
Global Antitrust Weekly,
September 04, 2009
The Austrian Competition Authority, BWB, has filed
a request that the Vienna Cartel Court order the
incumbent Austrian LNG suppliers to cease an
alleged violation of section 5 of the Austrian
Competition Act (Kartellgesetz) and Article 82 of
the EC Treaty. <<More>>
Draft Revised Leniency Policy
Commerce Commission,
September 03, 2009
The Commerce Commission is seeking feedback from
interested parties on its draft revised leniency
policy on cartels. International and New Zealand
experience demonstrates that an effective leniency
programme is the single most effective tool
available to detect cartels. <<More>>
Proceedings Against Price Fixing
Australian Competition &
Consumer Commission, September 02, 2009
The Australian Competition and Consumer Commission
(ACCC) instituted proceedings in the Federal Court
against PT Garuda Indonesia Ltd. PT Garuda is the
tenth airline to be the subject of ACCC
proceedings for alleged price fixing in the air
cargo industry. <<More>>
Fee Slash for Individual and NGO Complainants
Indopia, September 01,
2009
Anti-competition watchdog Competition Commission
of India has slashed substantially the fee for
filing complaints by individuals and NGOs to Rs
5,000 from Rs 50,000 earlier, making it affordable
for the aposaam aadmi&apos. <<More>>
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