Latest Updates on Antitrust – October 2021 – Part II

Intellepedia IP Radio
image_pdfDownload Post as PDFimage_printPrint this Post

This is a rundown of last week’s news updates on Antitrust:

Allegations of Amazon India’s anticompetitive practices sparks demand for US antitrust probe

Ecommerce giant Amazon is accused of manipulating search results to boost its own product lines. Thousands of pages of internal Amazon documents show the company ran a systematic campaign. The Confederation of All India Traders, a group representing India’s brick-and-mortar retailers, called for a government investigation of Amazon. An exposé by Reuters has shown how the business copied products and manipulated websites in India. Legislators in the US are planning to introduce a bill that would prevent Big Tech platforms from favouring their own products and services over competitors’ offerings.

EU pulp producers under the threat of an antitrust probe axe

Several wood pulp companies in Europe were subjected to inspections by the European Commission. These inspections are an attempt to determine whether wood pulp producers have engaged in criminal activity by engaging in cartel behaviour or anticompetitive practices. The companies targeted hold approximately four per cent of the global pulp market.  The intent of the inspection is to find evidence of price co-operation, through e-mails, meeting memos or internal memos.

Chinese antitrust bureau to be revamped and accorded new status

China intends to revamp the antitrust bureau and rename it the National Antimonopoly Bureau, as the country looks to clamp down on monopolistic behaviour, with a special eye on online platforms. The National Antimonopoly Bureau will be accorded a deputy-ministerial status, but would still come under State Administration for Market Regulation. This elevated status is said to assist regulators in obtaining necessary resources for examining mergers and acquisitions.

 

Authored by Rohan Joshua Jacob (Associate) and Shabarna Choudhury (Intern).


About BananaIP Counsels Trademark Attorneys

This Antitrust News Bulletin is brought to you by the Trademark/Copyright, and IP Transactional Strategy Divisions of BananaIP Counsels, a Top ranked IP Firm in India. Led by Sanjeeth Hegde, BananaIP Counsels’ trademark attorneys are among the leading experts in the field. If you have any questions, or need any clarifications, please write to contact@bananaip.com with the subject: Antitrust News.

The weekly intellectual property law news initiative is a part of their pro bono work and is aimed at spreading awareness about intellectual property and allied laws. You are free to share the news with appropriate attribution and link back to the source.

Disclaimer:

Kindly note that the news bulletin has been put together from different sources, primary and secondary, and BananaIP’s reporters may not have verified all the news published in the bulletin. You may write to contact@bananaip.com for corrections and take down.

Leave a comment

Contact Information
No 40, 3rd Mn Rd, J.C Industrial Est, Kanakapura Rd, Bangalore 560 062.
Mon - Fri: 9.00 am - 7.00 pm
Get Directions
Contact Information
No 40, 3rd Mn Rd, J.C Industrial Est, Kanakapura Rd, Bangalore 560 062.
Mon - Fri: 9.00 am - 7.00 pm
Get Directions

Copyright © 2004-2021 BananaIP Counsels. All Rights Reserved.

Copyright © 2004-2021 BananaIP Counsels. All Rights Reserved.