Brazil’s antitrust authority has just approved Grupo Bimbo’s takeover of bakery brand Wickbold, setting the stage for a powerful new presence in Brazil’s baked goods market, industry insiders say
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France has hit Google with a staggering $381 million fine for failing to protect consumers, Reuters reports. This significant penalty shines a spotlight on the tech giant’s shortcomings in adhering to French consumer protection laws
Google has agreed to pay a staggering $36 million fine over anti-competitive agreements with Australian telecommunications companies, Reuters reports. This significant penalty shines a spotlight on troubling unfair market practices in the region
The EU is preparing to warn Italy about its aggressive tactics in the UniCredit-Banco BPM deal, Bloomberg reports. Brussels is sounding the alarm over national interference that threatens to undermine fair market competition
Spain has hit the pause button on the legal merger of BBVA and Sabadell for up to five years, citing serious anti-competitive concerns, the Wall Street Journal reveals. This decision puts a hold on what might have been one of Spain’s most groundbreaking banking mergers
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.
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.