The Competition and Markets Authority (CMA) has recommended that the Big Four accountancy firms should separate their professional services and audit work.
A 500-page lawsuit has been filed by 44 US states alleging an anti-competitive conspiracy between drug makers Teva, Novartis, Pfizer, Mylan and Sandoz to artificially inflate prices by more than 1000% for over 100 generic drugs.
The Big Four firms have been temporarily banned by the Bar Council of Delhi from expanding their legal services in India.
Fieldfisher has merged with Irish law firm McDowell Purcell in a Brexit-related move.
Chinese electronics company Huawei faces the risk of being forced out of numerous countries’ 5G infrastructure. Countries have started to fear that the Chinese Government is using it for espionage.
For the first time ever the Financial Conduct Authority (FCA) has decided to use its competition enforcement powers.
Uber will acquire its Middle Eastern rival ‘Careem’ for £2.4bn. This is the largest technology transaction ever in the region, eclipsing Amazon’s acquisition of Souq (a Middle Eastern e-commerce company) in 2017 for £440m.
Apple is under investigation by the European Commission (an EU body) after Spotify made complaints of anti-competitive behaviour.
Google has been fined £1.28 billion by the EU for anti-competitive behaviour.