On Friday, Britain’s competition regulator said, it has begun an investigation into some electric vehicle chargepoint operators on motorways and highways; the development comes at a time when it is laying out guidelines to ensure the rollout of a robust… Read More ›
Competition and Markets Authority
Viagogo must sell StubHub’s business outside North America: Britain’s market watchdog
On Tuesday, Britain’s competition watchdog said, Viagogo would have to sell all of StubHub’s business outside North America following its findings after a probe that the deal would reduce competition in the secondary ticketing market in UK. In a statement,… Read More ›
Swiss drugmaker Roche wins U.S. & British approval for its $4.3B acquisition of Spark Therapeutics
Swiss drugmaker Roche has won approval from U.S. antitrust authorities for its $4.3 billion bid to acquire gene therapy specialist Spark Therapeutics. The development clears the way for Roche’s strategic push to position itself in the treatment of rare diseases,… Read More ›
Roche extends $4.3 billion takeover offer for Spark Therapeutics to September 3
The decision comes in the wake of continuing regulatory scrutiny by antitrust regulators in the UK and U.S. over its takeover offer. Following a continuation of regulatory reviews in the United States and Britain, Roche and Spark Therapeutics announced another… Read More ›
Britain’s competition authority likely to rule on Sainsbury’s-Asda $66 billion merger in early March
With Britain’s Competition and Markets Authority taking on a more active interventional approach in its latest ruling, the Sainsbury’s-Asda deal, which could create Britain’s biggest retailer, faces headwinds from multiple angles. Although Mike Coupe, Asda’s CEO was taped on camera… Read More ›
Britain’s Competition and Markets Authority to probe super complaint against consumers ‘rip off’
Britain’s Citizens Advice has lodged a super complaint against the country’s financial and telecom providers saying existing customers were being overcharged yearly to the tune of $5.2 billion. Following a complaint by Britain’s consumer body Citizens Advice that customers who… Read More ›