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
Browsing: Market Regulation
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
China’s Premier has called for stronger price controls to combat rising deflationary pressures that pose a serious threat to the economy. This decisive move aims to stabilize markets and ignite economic growth amid these challenging times
China is making a powerful move to curb “irrational” competition in its electric vehicle industry, aiming to tame reckless market tactics and promote sustainable growth, Reuters reports. This crackdown targets chaotic pricing wars and cutthroat rivalries that have thrown the market into turmoil
In a bold and transformative policy shift, Argentina has officially scrapped export duties on thousands of manufactured goods! This exciting move is set to enhance the country’s competitiveness in global markets, breathing new life into the economy and providing a much-needed boost for local manufacturers.
Exciting news for Japan! A recent report highlights a remarkable increase in tourists from the US, Canada, UK, Italy, South Korea, and Spain eager to explore the wonders of this vibrant country. However, this surge coincides with growing scrutiny on Tokyo’s luxury hotels over potential price-fixing practices, sparking important discussions within the travel industry.
The UK government is set to take emergency control of British Steel amid escalating financial challenges, potentially paving the way for nationalisation. This move aims to safeguard jobs and stabilize the struggling steel industry, sources indicate.
In response to rising global trade tensions, EU countries are implementing protective tariffs to shield domestic industries. This move aims to bolster competitiveness and safeguard jobs, signaling a shift towards more aggressive trade defense strategies.