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Drafted in 1989 and revised in 2004, the European Commission rules ensure that mergers will not significantly reduce competition and push up consumer prices in the 28-country bloc. Regulators have three options: clear the deal, block it or wave it through with concessions. Complainants can appeal decisions at Europe’s top courts in Luxembourg best cufflinks in india. The EU model has been replicated in a number of Asian countries including China, Africa and parts of South America. EU antitrust chief Margrethe Vestager points out the Commission has blocked only nine deals here over the past decade, giving more than 3,000 the green light..
In the United States, the Federal Trade Commission and the Department of Justice share the job but the procedures differ from the EU. The principle is to stop deals which substantially lessen competition or tend to create a monopoly. The U.S. model is common in the Americas and several Asian countries such as South Korea. In China, the Anti-Monopoly Bureau at the State Administration of Industry and Commerce is responsible for regulating and enforcing merger control best cufflinks in india. Critics say China regulates mergers as part of its industrial policy to boost economic growth..
WASHINGTON (Reuters) – U.S. central bankers say clear communication is important, with economic research showing that if the public understands what the Federal Reserve is doing, monetary policy works better and the economy does better. But when Fed officials meet again in March, it may be tough to tell a cogent story as the Fed’s two main tools for talking to the public head for a rare conflict. The newest quarterly set of economic projections, including ‘dots’ representing policymakers’ rate forecasts, is likely to show they still expect to raise rates this year best cufflinks in india. Meanwhile, the official policy statement that comes at the end of each meeting will likely offer no hint about whether rates will rise, fall, or stay the same..
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