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EU's Vestager warns of more anti-cartel raids, criticises 'no-poach' deals

By Foo Yun Chee BRUSSELS (Reuters) - EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe s anti-trust chief warned on Friday, as she also sounded the alarm about competition in labour markets due to no-poach deals. The European Commission last week raided Europe s largest pulp producers Stora Enso and UPM, and Metsa Board unit Metsa Fibre, the first in two years as the COVID-19 pandemic halted such actions. Companies suspected of taking part in other cartels should soon see officials knocking on their doors, EU Competition Commissioner Margrethe Vestager said. And that s just the start of a series of raids that we re planning for the months to come – you ll understand if I don t say exactly when or where they re going to happen, she told a conference organised by the Italian anti-trust authority in Rome. Companies found guilty of taking part in cartels face fines as much as 10% of their global turnover. Whistleblowers are rewarded w ....

Bruxelles Capitale , Alex Richardson , Foo Yun Chee , Margrethe Vestager , Stora Enso , European Commission , Metsa Board , Metsa Fibre , Commissioner Margrethe Vestager , Company Information , Antitrust Issue , Litigation And Regulation ,

Factbox - Where Australia's landmark news content legislation stands


Factbox - Where Australia s landmark news content legislation stands
FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration reuters tickers
This content was published on February 23, 2021 - 03:59
February 23, 2021 - 03:59
CANBERRA (Reuters) - Australian lawmakers are expected to hold a final vote on Tuesday on whether to endorse legislation that would force Facebook and Alphabet Inc s Google to pay news outlets for content.
The proposed laws are being closely watched by other countries, which are considering whether to follow Australia s lead in challenging big technology firms dominance in the news content market. ....

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FOXNEWS Outnumbered Overtime With Harris Faulkner December 10, 2019 18:42:00

Like someone and don t like what they did and i m morally outraged, send them to jail, why isn t this person being indicted? that is poivsoning the system. before getting to antitrust issue. the cause of the impeachment preceding, there is quote, there is a lot, president trump says to zelensky, there is a lot of talk about biden s son. a lot of people want to find out about that, whatever you can do with the attorney general would be great. seems horrible to me. did the ukrainians do anything? no. nothing at all? no. no follow-up at all? no that, is taken out of context, just to be fair. in the president s call, he started out by talking about the abuses in the 2016 election, he said our country has paid a heavy price for and asked him to ....

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