Now’s Not The Time For A Snooze

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  • Covid-19 will result in many companies going out of business resulting in decreased market competition. Now is not the time for competition authorities to take a snooze
  • There is a danger that some companies will benefit from the pandemic – and from government assistance – more than others thereby destroying level playing field conditions
  • In the US, two Democrat Senators have proposed a moratorium on mergers
  • In the US the number of small businesses at risk could run to the hundreds of thousands
  • The UK’s Competition and Markets Authority (CMA) has launched a programme of work to investigate reports of businesses failing to respect cancellation rights during the pandemic
  • One of the most reckless profiteering trends in recent decades is dominant corporations’ use of repair restrictions to force consumers to use original manufacturers’ repair services, according to the Open Markets institute think tank
  • Many Asia-Pacific airlines will not survive the pandemic. Yet regulators have also ruled out routes being served by single airlines. How?

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