Spain’s antitrust authority is on the brink of greenlighting BBVA’s acquisition of Sabadell, but not without some necessary adjustments, according to insider sources. This pivotal approval has the potential to transform the Spanish banking scene, paving the way for greater consolidation in response to mounting competitive challenges.
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In a historic and bold step, Japan has officially issued a cease-and-desist order to Google, setting a remarkable precedent as the first time the nation has taken such decisive action against a major tech giant. This significant move comes in response to rising concerns about market dominance and the safeguarding of data privacy practices.
Brazil is poised to reshape its competition landscape with the 2024 proposal from the Ministry of Finance, aimed at establishing digital ex ante regulation. This initiative seeks to enhance market fairness and foster innovation in the rapidly evolving digital economy.
Italy’s antitrust authority has granted conditional approval for Italgas’ acquisition of 2i Rete Gas, a significant move aimed at enhancing the country’s gas distribution network. The decision underscores ongoing efforts to promote competition in the energy sector.