Australia’s competition regulator has approved the CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canadian dairy producer Saputo. The Australian Competition & Consumer Commission (ACCC) said that it will not ...
Tags: Murray Goulburn, dairy plant
Australia’s competition regulator has raised concerns about a proposed CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canada’s Saputo, saying that the transaction would lead to lower prices being paid to ...
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...
The Australian Competition and Consumer Commission (ACCC) has set its policy agenda for 2014, with the competition regulator setting its sights on deceptive online pricing and low-cost imports as two major issues facing the retail industry ...
Tags: retail industry, ACCC, imports
The Belgian Competition Council said in a statement late on Friday that CBR, part of HeidelbergCement Group, CCB, a unit of Italcementi, and Holcim Belgium colluded with the Belgian cement association FEBELCEM and the national centre for ...
Tags: Construction, Decoration
VODAFONE Australia chief executive Bill Morrow has stepped up calls for the competition regulator to trigger a regulatory review of Telstra's dominance of the mobile and fixed-line telecommunications markets. Speaking at a strategy update ...
Tags: Computer Products, Consumer Electronics, telecommunications markets
Australian stocks have opened higher, with the big retail banks and major energy companies leading the broader market higher. At 10.10am AEDT, the benchmark S&P/ASX200 index was up 14.6 points, or 0.29 per cent, at 4981.9 points. The ...
Tags: Australian stocks, Banks, economy
The European Union has fined Microsoft 561 million euros ($712m) for breaking a pledge to offer personal computer users a choice of internet browsers when they install the company's flagship Windows operating system. The penalty imposed ...
Tags: Microsoft, Windows, operating system
German state rail operator Deutsche Bahn has filed a lawsuit seeking a reported EUR 750 million in damages against four steel track suppliers that have already been fined by the regulator for fixing prices on track orders. The companies ...
Tags: steel cartel, steel, steel track, steel producer
Telstra's rivals have made an 11th-hour plea to the competition regulator to halt the telco giant's proposed acquisition of budget broadband provider Adam Internet. Senior executives from iiNet, Vodafone and Macquarie Telecom yesterday ...
Tags: Telstra, Adam, competition regulator, Adam Internet
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
Business Desk reported that Telecommunications network operator Chorus saw its shares plunge 12% at the open of NZX trading following a Commerce Commission a draft decision that would steeply cut what it can charge for access to electronic ...
Tags: copper market, scrap metal price, copper scrap, copper price
UK’s Office of the Fair Trading (OFT) has directed the Competition Commission to probe the private motor insurance market in the country over allegations of unfair activities being carried out by insurers on motorists. Referring to ...
Tags: OFT, Competition Commission, motor insurance, insurance market
Pakistan's largest cement maker and exporter Lucky Cement Ltd has evinced interest in setting up a manufacturing plant in India in the first such overture since New Delhi allowed foreign direct investment (FDI) from its western neighbour ...
Tags: cement maker, Lucky Cement, economic ties