News

• Information exchange between competitors

  July 21, 2016

  – On April 12 2016 the Federal Court of Justice rendered a decision on the issue of information exchange between competitors. The court followed the European Court of Justice’s (ECJ) approach regarding the presumed causal link between concerted practice and the subsequent market conduct of the parties concerned. The judgment confirms that the standard for illicit information exchange under German competition law is the same as the strict standard under EU competition law.
  Read more

• New competition law hits unfair contracts

  July 20, 2016

  – FARMERS are being urged to know their rights when dealing with big business.

  The Australian Competition and Consumer Commission’s new Agriculture Commissioner, Mick Keogh, issued a warning to small businesses and farmers to review any contracts before new competition laws come into effect in November.
  Read more

• Spanish football clubs to repay tens of millions in illegal state subsidies

  July 4, 2016

  – Real Madrid and FC Barcelona among teams Brussels finds guilty of unfair competition after receiving state finance

  Real Madrid, FC Barcelona and five other Spanish football clubs must repay tens of millions of euros in illegal state subsidies, after the EU executive found they had received unfair financial aid from their government.
  Read more

• KPPU Summons Indosat, Telkomsel over Unfair Competition

  June 22, 2016

  – Even though Telkomsel dominates the market, Syarkawi does not believe the company violated business competition law. The company would be in considered in breach if it abused its dominant position.
  Read more

• NAB using Veda to track disloyal business customers going to rival banks

  June 20, 2016

  – Big-four bank NAB is being tipped off each time a business banking customer goes to a rival for a loan, sparking fears about privacy breaches and unfair competition.

  For years Sarah did her personal and business banking with NAB. But, in April, dissatisfied with the bank, she applied for a car loan with ANZ, which offered better rates.
  Read more

• PLDT executive says telecoms deal does not violate Philippine anti-competition law

  June 14, 2016

  – The $1.5 billion deal struck by Philippine Long Distance Telephone Co (PLDT) and Globe Telecom Inc to buy San Miguel Corp telecoms assets does not violate the country’s anti-competition law, a PLDT official said.
  Read more

• PCC warns telcos of potential violations of competition law

  June 13, 2016

  – PLDT, Globe, SMC ‘willing’ to submit additional info on telecom deal

  The Philippine Competition Commission (PCC) has urged Globe Telecom Inc., PLDT Inc., and San Miguel Corp. (SMC) to immediately refile the notification for the P69.1-billion buyout deal effectively changes the landscape of the telecom industry.
  Read more

• Proposed Amendments to Thailand’s Trade Competition Act

  June 10, 2016

  – Recently, the Cabinet passed a resolution that amends Thailand’s Trade Competition Act B.E. 2542 (1999). The draft amended law has since been submitted to the National Legislative Assembly for further consideration. Businesses should be aware of and prepare for the major changes ahead, as the newly proposed law may become effective at the end of this year.
  Read more

← Older Posts

Newer Posts →