On Friday, antitrust regulators from the European Union levied a fine of $7.9 million (6.45 million euros) on the world’s largest interdealer broker ICAP for taking part in several yen interest rate derivatives cartels. In 2015, although the European Commission… Read More ›
According to a report from the Wall Street Journal citing sources familiar with the matter, China’s antitrust regulators are mulling options to levy a record fine on Alibaba Group Holding Ltd over suspected anti-competitive behavior. The potential fine could exceed… Read More ›
Australia’s antitrust regulator has raised initial concerns over Aon’s $30 billion acquisition bid for Willis Towers Watson which aims to create the world’s biggest insurance broker. The development comes in the wake of similar moves by EU antitrust regulators. In… Read More ›
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
Despite getting the backing of the German and the French government, the deal hangs in the balance on concerns from anti-trust regulators that it could stifle competition in the rail sector. As per sources familiar with the matter at hand,… Read More ›
Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
The embattled Canadian train and plane maker is weighing its options to reduce its footprint from the aerospace market. It is eyeing a sale as well as potential partnerships. Bloomberg reported, Canadian airplane and train maker Bombardier Inc is exploring… Read More ›
Although the structure of the deal was unorthodox, according to Toshiba, it had consulted legal experts who approved the deal from a legal perspective. According to a source with direct knowledge of the matter at hand, Japan’s anti-monopoly regulator is… Read More ›
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