In The News

Ofcom opens investigation into information sharing

Ofcom has opened an investigation into the potential sharing of commercially sensitive information, including information on future pricing, between competitors in the provision of equipment and related services in the electronic communications sector. Click here.

CMA proposes to refer merger of receipt roll suppliers for detailed investigation

The CMA has found that Iconex’s purchase of two rival receipt paper suppliers Schades and R+S may give rise to competition concerns and is proposing to refer the merger for a detailed investigation unless the parties offer suitable undertakings in lieu. Click here.

EU

Mergers

• The European Commission has prohibited the creation of a joint venture by Tata Steel and ThyssenKrupp. The Commission was concerned that the merger would have reduced competition and increased prices for different types of steel and concluded that the remedies offered by the parties were not adequate to address these concerns. Click here.

For more information please contact Paul Stone on +44 (0)20 7203 5110 or at paul.stone@crsblaw.com.