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The United States (US) has a very strong regime of IP Law linked
with that of Competition Law or Antitrust Law. The US law grants
the IP holder to use, offer, and sell the invention within the US
and also import the same. Since the economy of the US is primarily
based upon the industries which deal with IP, hence, the US
generally is more tilted towards providing more room to those who
work for innovation and promotion. The first Antitrust Law was
passed in 1890 and two more followed in the year 1914. The primary
Will the CCI s Market Study on Private Equity Investments
Provide Clarity for Minority Investments?
In light of the growing trend of private equity
(
PE ) firms acquiring minority stakes
in multiple firms in the same sector, the Chairperson of the
Competition Commission of India (the
CCI ) has recently announced that the
CCI proposes to conduct a market study to analyse the incentives
and rights associated with such minority investments, and its
impact on competition in India.
1
Meru
v.
Ola/Uber
2 in June 2018, where the CCI
examined allegations of anti-competitive conduct against two cab
aggregators, Ola and Uber. The CCI noted that common investors held
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On December 22, 2020, the U.S. Senate unanimously approved the
Competitive Health Insurance Reform Act (CHIRA), previously passed
by the House on September 21. If signed by the president, CHIRA
would repeal health insurers federal antitrust immunity under
the McCarran-Ferguson Act for state regulated activity that
constitutes the business of insurance. CHIRA preserves some
protections for compiling historical loss data, determining loss
development factors, and performing certain actuarial services, as
well as for developing standard insurance policy forms.
The McCarran-Ferguson Act was enacted in 1945 and gives states
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On December 26, 2020, the Ministry of Economy ( SE )
published in the Federal Official Gazette ( DOF )
the
Resolution that Establishes the Goods Whose Import
and Export are Subject to Regulations Issued by the Ministry of
Energy (the Resolution ) superseding the
permitting regulation for import and export of hydrocarbons and
petroleum products, originally published by the Ministry of Energy
( SENER ) in the DOF on December 29, 2014.
As analyzed previously, the Resolution constrains the
procedure for filing and obtaining import and export permits and
establishes additional requirements. As a result, the legal
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On 29 November 2020, the Competition and Consumer Protection
Commission ( CCPC ) announced that it had reached
agreement with Ticketmaster Ireland ( Ticketmaster ) to
close its ticketing investigation on the basis of Section 14B
commitments. The CCPC began its investigation in January 2017 under
the Competition Act 2002, as amended. According to the CCPC,
Ticketmaster holds a very significant market share in the supply of
ticketing services for live events. The CCPC was concerned that
Ticketmaster may have abused a dominant position in this market by
negotiating contracts to supply ticketing services to live event