The Bundeskartellamt launched an investigation into anti-competitive practices against Facebook in order to examine the relationship between Oculus virtual reality headsets and the social network. The Bundeskartellamt is the German authority responsible for the regulation of competition and consumer rights. Andreas Mundt, President of the Bundeskartellamt said about
The UK government highlighted five initiatives to strengthen competition in digital markets in different parts of the world. The initiatives are part of a document in which the Competition and Markets Authority of the United Kingdom issued recommendations directed to the government of that country aimed at the
The tourism and travel sector has been the most affected by the Covid-19 crisis to date, given that restrictions on mobility and border closures interrupted the outflows of tourists abroad (mode 2), exposed the World Trade Organization (WTO). This impact started in Greater China, quickly spread to the
China’s corn imports from the United States would total 30 million tonnes next year, the Food and Agriculture Organization of the United Nations (FAO) said. According to the FAO, these higher corn imports are expected to put pressure on world cereal prices. The state-owned food giant Cofco Corp.
The impact and recovery of Covid-19 in European air transport will be worse than in other regions, the International Air Transport Association (IATA) projected. This indicates a further deterioration in income, job prospects and economic activity in air transport across the continent. The health crisis caused by Covid-19
Exports of medical devices from China totaled 16,522.4 million dollars from January to November 2020, a 42.5% increase year-on-year, reported the General Administration of Customs of that country. These products include: defibrillator, stethoscope, stethoscope, X-ray equipment, electrocardiograph, surgical instruments, sterilizer, surgical implant, pacemaker, glucometer and IVD (in vitro