*By Surya Rajkumar Introduction. On the 14th of June 2017, a Westminster Magistrate Court heard the matter concerning beleaguered Indian tycoon Vijay Mallya’s extradition[i] to India. The case concerned an alleged loan default case arising from the diversion of funds amounting to $134m extended by an Indian State owned bank. This is not the first… More Disclosure of End Use of Funds as a Measure to Check Fund Diversion
by Nidhi Singh* I BRIEF BACKGROUND ON THE COMMON AGRICULTURAL POLICY (CAP) Since the Treaty of Rome has come into force, there has been an incessant conflict between the Common Agricultural Policy (CAP) and EU competition policies. Some scholars have argued that farming activities should be entirely exempt from competition law given the… More AGRICULTURE AND COMPETITION LAW: A TALE OF UNEASY RELATIONSHIP?
*Luping Zhang, PhD Researcher King’s College London Business today is no longer about usual commodities. Environment and environmental issues themselves can be transformed into commodities, such as carbon credit. In 2015, the world has witnessed a new milestone of the Paris Agreement in the battle of climate change. However, specific attention is drawn to an… More Legal Mechanism to Reduce Aviation’s Climate Change Impact— Introducing CORSIA
By Ioannis Yiasemis When considering troubled industries in the current economic environment, one of the most obvious examples is the shipping industry. An indication of the problems faced by shipping companies is the dramatic fall over the past two years in the freight rate (the price at which a certain cargo is delivered from one… More The Role of Private Equity Funds in the Troubled Shipping Industry
A little over a year ago, I read Alex Chisholm’s speech, the then chief executive of the UK’s Competition and Markets Authority (CMA), which was delivered at the June 2015 annual Chatham House competition conference. In his speech he mentioned a book by Anntje Ottow titled Market & Competition Authorities. Good Agency Principles. As an… More The diminishing returns of ever greater profile of competition enforcement
The following is a report from a presentation by Magali Eben at the International Graduate Legal Research (ILGR) Conference on 4 April 2016. Presenting her idea, Megali Eben suggests that the traditional tools used for defining the relevant market in competition cases can be updated by including personal data among the relevant elements that are… More Challenging the traditional tools for economic analysis in competition cases – 10th Annual IGLR Conference, King’s College London
Chiming KAM Introduction The European MiFID legislation has successfully put an end to the monopoly of regulated markets (RM) with the introduction of multilateral trading facilities (MTF) in the trade execution business. To make markets more transparent, the new MiFID 2/MiFIR package also adds a new category of trading venue, the organised trading facility… More MiFID 2: Is the New Organised Trading Facility a Real Multilateral Trading Venue?
Teemu Alexander Puutio A. Systemic crises and political capturing The global meltdown sparked by the 2007–2008 subprime mortgage failures gave momentum to a tidal wave of regulatory reactions. In the United States, Congress’ attempt at reigning in the mavericks of Wall Street came in the form of the ambitious Dodd-Frank Act[i], which aims… More SYSTEMIC CRISES AND THE COST OF REGULATION: THE DODD-FRANK ACT, THE EU SINGLE RESOLUTION MECHANISM AND UNEXPECTED LESSONS FROM FREE BANKING