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Tag: antitrust

Aspen faces EU probe over excessive pricing of cancer drugs | BusinessDay

Aspen faces EU probe over excessive pricing of cancer drugs | BusinessDay

Brussels — Aspen Pharmacare faces a EU antitrust investigation for ramping up the price of cancer drugs as the EU joins a global crackdown on the soaring cost of life-saving generic medicines. “When the price of a drug suddenly goes up by several hundred percent, this is something the commission may look at,” EU competition […]

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim’s Pride Corp (PPC.O) said on Monday that Florida’s attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal review into chicken pricing. Florida Attorney General Pam Bondi’s office has opened an investigation into allegations made in civil lawsuits, filed […]

Top 5 Antitrust Issues Facing Companies in the U.S. Today: #3 Pricing | The National Law Review

Top 5 Antitrust Issues Facing Companies in the U.S. Today: #3 Pricing | The National Law Review

Prices provide crucial information to buyers and sellers, and so have always been critical to a competitive economy and antitrust law. But the emergence of new online information-harvesting technology and instantaneous transmission of pricing information may lead to new versions of antitrust issues, including anticompetitive price fixing arrangements and disputes about distributors’ pricing. Pricing Algorithms […]

Tyson says SEC is investigating chicken-pricing allegations | Chicago Tribune

Tyson says SEC is investigating chicken-pricing allegations | Chicago Tribune

Accusations of collusion that have dogged the American chicken industry in recent months took a new turn after Tyson Foods, the country’s largest producer, said the U.S. Securities and Exchange Commission is investigating the allegations and sent it a subpoena. The company said Monday in a filing that based upon the limited information it has, […]

Policing the digital cartels | Financial Times

Policing the digital cartels | Financial Times

President Barack Obama and leading Democrats such as Senator Elizabeth Warren have expressed concerns about a broader decline in competition in the US economy. Last April, Mr Obama’s Council of Economic Advisors released a report that found growing market share concentration in industries such as transportation, retail trade and insurance, which it blamed for slowing […]

NDRC launches anti-trust investigation into pharmaceutical sector | Lexology

NDRC launches anti-trust investigation into pharmaceutical sector | Lexology

China’s top pricing-related anti-trust regulator, the National Development and Reform Commission (“NDRC”), has launched a new round of anti-trust investigations into pharmaceutical companies. A major US pharmaceutical company has been summoned for inquiry and more foreign and domestic companies are to follow. The investigation is described as “large-scale and systematic”; the aim is to collect […]

Maersk, MSC, 13 others offer to settle EU pricing probe: sources | Reuters

Maersk, MSC, 13 others offer to settle EU pricing probe: sources | Reuters

Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing practices to settle an EU antitrust probe and stave off any fines, three people familiar with the matter said on Wednesday. The case is being closely watched by other sectors such as supermarkets and chemical firms which use similar […]

NFL’s Ticket Rules Said to Be Subject of Antitrust Investigation | Bloomberg Business

NFL’s Ticket Rules Said to Be Subject of Antitrust Investigation | Bloomberg Business

Schneiderman is looking into whether pricing rules for NFL ticket resales are illegal, said the person, who asked not to be identified because the probe isn’t public. The league encourages people with tickets to sell to do so on the NFL Ticket Exchange, a marketplace operated by Ticketmaster. As part of the probe, the state […]

​China gives nod to Nokia-Alcatel deal after extracting patent promise | ZDNet

​China gives nod to Nokia-Alcatel deal after extracting patent promise | ZDNet

China’s competition regulator has given conditional approval to Nokia’s €15.6bn ($17bn) acquisition of Alcatel-Lucent, after initially raising concerns over Nokia’s pricing strategy for wireless patents. Despite only receiving conditional approval, Nokia has welcomed the decision by China’s ministry of commerce. The company needs to pass the international antitrust regulatory reviews for the deal to go […]

Pricing News Daily > 10/17/14

Pricing News Daily > 10/17/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the […]