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
Browsing: competition law
Italy’s regulator has hit Eni and its plastics unit with a staggering 32 million euro fine for market abuse, Reuters reports. This hefty penalty highlights the intensifying crackdown on trading practices in the energy and chemical sectors
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.
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.