A View from Constantine Cannon’s London Office
By Yulia Tosheva and Irene Fraile
The UK Payment Systems Regulator (“PSR”) has published a final guidance on its approach to monitoring compliance with the EU Interchange Fee Regulation (“IFR”), which is changing the way payment systems operate in Europe.
The PSR, which was launched in April 2015, is an independent economic regulator that oversees...
A View from Constantine Cannon’s London Office
By Richard Pike and Yulia Tosheva
The European Commission has reportedly launched a preliminary antitrust investigation into possible collusion by Western Union in the money remittance market.
According to sources, the European Commission is investigating whether exclusivity contracts signed between money-transfer provider Western Union and retail outlets...
A View from Constantine Cannon’s London Office
By Irene Fraile and Richard Pike
On 12 February 2016, the Competition and Markets Authority (“CMA”), UK’s competition regulator, fined a number of pharma companies for anti-competitive conduct and agreements in relation to the supply of paroxetine (an anti-depressant drug).
The anti-competitive conduct dates back to 2001, when pharmaceutical producers...