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  • Spain reunites fractured competition authority Marcos Araujo of Garrigues outlines changes recently announced by the Spanish government regarding institutional issues, infringement proceedings, and merger control
  • UK competition regime awaits modernization UK competition authorities must come to grips with the new legislation introduced over the past 12 months before they can move forward, says William Sibree of Slaughter and May
  • Advocates of corporate governance reform have found their case strengthened by still more corporate scandals over the past year. While disputes have raged over the alleged wrongdoings of dominant shareholder Conrad Black at Hollinger, UK regulators have fined Shell £17 million ($30.5 million) for misstatements relating to its oil reserves. Such events have contributed to the reformist drive that has gripped countries as diverse as Canada, India and Australia.
  • Ireland prepares for impact After a quiet year in competition, Ireland is preparing for things to heat up a bit. Helen Kelly of Matheson Ormsby Prentice looks at what's ahead
  • The ins and outs of Austrian competition Claudine Vartian of Cerha Hempel Spiegelfeld Hlawati provides an overview of Austrian competition regulation
  • O'Melveny & Myers and Ropes & Gray advised on the latest US-Canadian corporate acquisition. US phone company Verizon Communications announced that it had agreed to sell its Canadian directory operations to private equity firm Bain Capital for $1.54 billion. Ropes & Gray advised client Bain, which, like the law firm, is headquartered in Boston. Newcomb Stillwell and Howard Glazer were the firm's lead lawyers on the deal. Greg Patti ran a team from O'Melveny's New York office that is advising Verizon.
  • India's largest initial public offering shows how far market standards in underwriting have advanced. Yet regulators feel there is still room for improvement. By Cyril Shroff and Rahul Guptan
  • By Truong Nhat Quang, Nguyen Thi Dang, Duong Thu Ha and Vu Dzung of YKVN
  • Sri Lanka: a year in review By Velupillai Murugesu and Kandiah Neelakandan of Murugesu & Neelakandan
  • Icelandic finance market matures Sophie Romaniello of LOGOS legal services provides some insight into the history and structure of banking in Iceland