In the wake of the failed Telenor/TeliaSonera merger in Denmark, EU competition chief Margrethe Vestager argued the commission does not favour a set number of competitors per market, but does back structural remedies for mergers such as creating new players.“The first and most obvious point is that there is no magic number on the number of mobile network operators in a given country,” said Vestager in a speech to a US audience.Her comments follow the high-profile merger failure in Denmark, which would have reduced the number of operators in the country from four to three.In reviewing mergers, the commission works on a case-by-case basis rather than a set benchmark, argued Vestager.Why the EC could not approve the Danish merger The EC was “on the road to prohibit the merger” even before TeliaSonera and Telenor pulled the plug on their Danish deal, stated Vestager. The two operators abandoned their bid on 11 September, before the commission reached a decision.However, the merger was in trouble in the commission’s eyes: “We considered the remedies offered by the parties to be insufficient to address our competition concerns.”Denmark is a highly competitive market with low prices, high usage and wide customer choice, as well as a good take-up of 4G. All of these positives might have been at risk by allowing a merger in Vestager’s view.TeliaSonera and Telenor made two proposals to the commission. In the first, they would have facilitated a new, fourth mobile network operator in Denmark.To do so, they proposed to make available a “limited amount of spectrum for the roll-out of a self-standing mobile network, and a wholesale access agreement to their own joint network.” But the commission baulked at the scope and conditions to this offer, said Vestager.“We had serious doubts that it would lead to the envisaged entry of a new fourth operator in Denmark,” she said.Then came a second proposal from the two operators to divest a limited ownership stake in their shared mobile network to a new entrant with a right to use a corresponding share of the network capacity.This was complemented by the divestment of one of the companies’ secondary brands and additional options, such as the take-over of some shops.“In principle, this second proposal was a step in the right direction. However, in our view, it would not have been effective in remedying the identified harm,” Vestager added.Competition vs network investmentShe also attacked the argument that greater competition undermined network investment. In fact, she said, the reverse is true.“Research seems to suggest that a reduction of the number of players from four to three in a national mobile market in the EU can lead to higher prices for consumers. But not that it leads to more investment per subscriber. In other words, it does not seem to lead to significantly higher overall investment by carriers,” she said.And consumers do not benefit directly from investment, only indirectly through an improvement in quality and price, Vestager claimed.The commission scrutinise any claims that mergers prompt greater efficiency. “However, only a fraction of the efficiency submissions we have seen in successive cases have met these criteria,” she added.In the case of Denmark, the commission felt that a merger would not have improved investment and network quality. The commission’s proposed remedy was the creation of a fourth network operator to provide more competition.“Some have questioned whether this means that we are having second thoughts about the remedies in the merger cases cleared in Austria in 2012 and in Ireland and Germany in 2014,” she noted.In those cases, the commission backed MVNOs, a less structural solution, to deliver sufficient competition. While not questioning the MVNO-based approach, Vestager did say, in her view: “The more structural the remedy, the better”, implying operators are more likely to feature in her remedies than MVNOs.She was speaking at a conference on antitrust law and policy at Fordham University in the US. Previous ArticleEuropean Council backs roaming, net neutrality rulesNext ArticleThailand’s TOT ends tower talks with AIS Author DenmarkECTelenorTeliaSonera Telenor, Axiata plot Malaysian merger Telenor books loss on $780M Myanmar write-off Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including... Read more Related Telenor advances multi-vendor SA 5G Tags Richard Handford AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 02 OCT 2015 Home EU chief opens up on Telenor/TeliaSonera decision; insists no set rule for operator numbers
In just 10 days of campaigning on Funderbeamu, 21-year-old innovator Ivan Mrvoš, founder of the company Include he managed to exceed the initial requested amount and raise almost 270.000 euros of investment for the development of his smart benches.In record time, a successful domestic startup aroused great interest and became the most successful company in terms of collection speed on the innovative Funderbeam platform for investing and trading startup shares. About 90 investors from all over the world have already shown that they believe in the global success of the Croatian startup, and among them were entrepreneur and investor Nenad Bakić, as well as popular mathematician Toni Milun, who expressed his support via Twitter.The next goal of the young Croatian innovator is the amount of 400.000 euros, for which he has 20 days of the campaign left. "I am very pleased with the fact that we reached our initial goal so early, especially when we consider that this is a new approach to funding. A lot of people have supported us from the beginning, and now with the release of Include on Funderbeam they have been given the opportunity to invest in us and secure their stake in the company. Anyone can invest with an initial amount of 100 euros, and the funds raised will be used for even faster business development and penetration into new markets", Said Ivan Mrvoš, founder and director of Include.Founded in September 2016, Funderbeam South-East Europe is a Zagreb-based company in which the Zagreb Stock Exchange has a 20% stake and is supported by the European Bank for Reconstruction and Development through their Shareholders Special Fund, while the Estonian Funderbeam owns the other 80 percent.Funderbeam is a global platform on which startup companies can raise funds, and investors after the initial investment phase can trade their shares thanks to an innovative system based on blockchain technology. The value of Funderbeam was also recognized by Skype founder Jaan Tallinn, one of the first investors in the company.
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The BBC Ocean is a 6,150 dwt tweendeck, multi purpose vessel with a cargo hold capacity of 9,329 cu m. The vessel is equipped with two cranes with a combined lifting capacity of 120 tonnes.CaytransBBC, which offers weekly breakbulk liner services between Houston and Mobile, USA, to the north coast of South America, the Caribbean and Central America, will operate BBC Ocean.BBC Chartering and Dan-Gulf Shipping jointly handle sales on the CaytransBBC service, and according to Mac Bruton, vice president for sales and marketing at Dan-Gulf, "we believe that the BBC Ocean will allow us to offer better options for larger parcels into and out of the North Coast of South America."www.dan-gulf.comwww.bbc-chartering.com
FacebookTwitterEmailPrintFriendly分享The Central Peninsula Hospital is overhauling the model they use to treat patients by developing coordinated care where hospitals and physicians are reimbursed for quality versus quantity of procedures. CPH Chief Executive Officer Rick Davis says the incentives that prompt hospitals and physicians to treat as many people as possible has not been the best model. Now the focus will be more coordinated between mental, physical, and preemptive care. As the healthcare climate continues to change, Davis says Medicaid and insurance companies will tighten their definitions on necessary procedures, cutting back on what hospitals and physicians will be reimbursed for. By changing models Davis believes it will defend the hospital from potentially detrimental financial losses sometime in the future. He says hospitals in the Lower 48 have seen a decrease in costs and increase in quality when using this method. Davis: “The concept of better coordinated care means that the incentives are aligned for the patient to be overall more healthy and not use services whereas the incentives now are to provide services when people need them and charge them for it.”
Japan suffered its second defeat in the women’s volleyball World Grand Prix preliminary round after going down in four sets to Italy on Saturday.Japan, which along with Italy has already secured a berth in the final round in China next week, battled back after narrowly losing the first two sets at Yoyogi National Gymnasium, but the Italians prevailed 25-23, 27-25, 21-25, 25-23. Both teams have 6-2 records. GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5 “It’s always difficult to play against Japan, because we know the characteristics of their team,” said Italy coach Massimo Barbolini. “I think this victory means we are improving little by little, which I think is important for the Grand Prix and overall in this long, long season.”Yukiko Ebata had a game-high 23 points for Japan. Lucia Bosetti led the Italians with 16 points.
“I want to show people that (my success) last season was because of my ability and not just a coincidence,” Hanyu told reporters in Tokyo. “I want to win everything.”Hanyu, who brought joy to Japan when he delivered the country’s only gold medal of the Sochi Games on his Olympic debut, is scheduled to compete this season at the Cup of China and the NHK Trophy in this year’s Grand Prix Series.The 19-year-old will attempt to make three quadruple jumps in his free program this term.“There will be pressure but that comes with expectations. I am happy people have expectations of me and that is because they think I can do it,” he said. IN FIVE EASY PIECES WITH TAKE 5 GET THE BEST OF THE JAPAN TIMES Yuzuru Hanyu said Wednesday he is eager to prove his gold-medal winning treble at figure skating’s biggest competitions last season was no fluke and wants to win everything in sight in the upcoming campaign.Hanyu won the Grand Prix Final, the Sochi Winter Olympic gold medal and capped off a stunning season by edging compatriot Tatsuki Machida for the world championship gold in Saitama in March.
E-mail: [email protected] Utah men's basketball coach coach Jim Boylen has spent the past few days in Texas and has picked up his fourth and presumably final commitment for the 2009-10 season.Shawn Glover, a 6-foot-6 forward from Cedar Hill, Texas, near Dallas, has committed to play for the Utes, joining three others who will join the Utes next year. He averaged 17.8 points per game as a junior for Cedar Hills High School.According to Rivals.com, Glover also had offers from Bradley, Marquette and Oklahoma State.Boylen is not allowed to comment on Glover or any recruit until after the November signing date.Earlier this week, Joseph "Jay" Watkins, a small forward from Memphis who will play for the College of Southern Idaho this season, committed to play for the Utes.The other two players who previously committed to Utah were 6-10 forward Jeremy Olsen from Georgia and 6-1 guard Marshall Henderson from Hurst, Texas. Glover and Henderson were teammates on the Dallas Heroes AAU team and are ranked among the top 15 prep players in Texas this year.
The Serbian – who had previously coached Bologna and Catania in Serie A after a distinguished playing career which saw him win the European Cup with Red Star Belgrade in 1991 – had been in charge since the beginning of last season when Cesare Prandelli left to coach the national side.Rossi is best known for two spells coaching Palermo in the past two seasons, guiding then on both occasions to a Europa League place.However, the 51-year-old has fallen foul of the so called ‘coach eater’ Palermo owner Maurizio Zamparini, who refused to renew his contract in the summer and only last season sacked him after a 7-0 humbling by Udinese before rehiring him a month later.Meanwhile, Landon Donovan has withdrawn from the US squad for Friday’s friendly against France at the Stad de France, preferring to train with the Los Angeles Galaxy for the MLS final against Houston on November 20.Donovan missed last month’s friendlies with a strained quadriceps. Donovan and Clint Dempsey, the USA’s top two attacking players, haven’t been on the pitch together since Jurgen Klinsmann replaced Bob Bradley as coach in July.US coach Klinsmann said he had expected Donovan to play against France, then return home and miss the friendly in Slovenia four days later.“The plan was to have Landon come in for the match against France and then return to the LA Galaxy in preparation for MLS Cup, but after further discussion Landon expressed his desire to stay in Los Angeles,” Klinsmann said.“While my preference was to have Landon with us for this important match, I respect his decision,” Klinsmann said.Klinsmann, the former German superstar who was named US coach on July 29, has one win and a draw in five matches in the job, his lone triumph a 1-0 US victory over Honduras in a friendly in Miami.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000ROME, Italy, November 8 – Sinisa Mihajlovic was sacked as coach of Serie A side Fiorentina on Monday and replaced by Delio Rossi, the club announced.Mihajlovic, 42, had come in for some heavy criticism already this season and Sunday’s 1-0 defeat by Chievo – which left them 11th in the table – proved the final straw for the club board.
Los Angeles Unified and a coalition of powerful groups filed suit Tuesday challenging the bill giving Mayor Antonio Villaraigosa partial control over the nation’s second-largest school district – a move that could tie up the measure past its Jan. 1 implementation date. The 61-page suit challenging Assembly Bill 1381 had been expected since Sept. 18, when Gov. Arnold Schwarzenegger signed the legislation hammered out by Villaraigosa, the teachers union and the mayors of neighboring cities served by LAUSD. “(AB 1381) creates a new governance structure for the Los Angeles Unified School District which is completely inconsistent with the constitutional… framework that governs the state’s schools,” the suit said. “(It) eliminates the rights of LAUSD parents and voters to control the governance of their school district. It also dilutes and diminishes the voting rights of a substantial percentage of citizens within LAUSD, treats them differently than other citizens of the district, and impairs their right to elect the representatives of their choice.” Majority leader Romero also defended the bill and accused the district of filing suit to distract the mayor’s attention from the board’s search for a superintendent to replace Roy Romer, who is retiring. “The Legislature would not pass a bill if we did not believe that it was constitutional, so in passing AB 1381 we heard the arguments … we considered them, we rejected them,” said Romero, a co-author of the bill. “This is called licking your wounds.” Legal question Romer said the district followed through on its threatened suit because it wanted a definitive decision, especially after the state’s legislative counsel and the city’s legislative analyst questioned its legality. “Before we disrupt our current reform efforts in our school communities, we need to have these questions answered. Meanwhile, I fully intend to continue working with the mayor and his staff to improve our coordination and cooperation so that we better serve the students and families of this district,” Romer said. School board President Marlene Canter said she and her colleagues will move forward in establishing a partnership with the mayor, despite the lawsuit. “Regardless of what happens in court, we are continuing to build our relationships with the mayor and his staff,” Canter said. The bill shifts control from the elected school board to an appointed superintendent, who can be hired and fired by a Council of Mayors, on which Villaraigosa holds majority power. The law also gives individual schools greater control over their budgets and curriculum during a six-year trial period and grants Villaraigosa direct control over the district’s three lowest-performing high schools and their feeder campuses. The suit will be defended by the California Attorney General’s Office. Spokesman Nathan Barankin said the office would file its arguments with the court in the next few weeks, but would have no comment until then. Although a trial judge is likely to issue a verdict before the measure takes effect Jan. 1, both sides vowed to appeal the decision to the California Supreme Court, if necessary – delaying its implementation indefinitely. But Karl Manheim, a professor at Loyola Law School, said it’s unlikely the case will be decided by the California Supreme Court. “It’s not apparent to me that there’s anything in the constitution that would limit the Legislature’s power to transfer some of the power from the school district to the mayors,” said Manheim, who had not read the complaint. “This disempowers the existing school board, but I don’t think it’s a serious injury. It has to disrupt the operation of the schools in some form to be granted the injunction. “Conceivably this could reach the California Supreme Court by the end of the year, but I think that’s unlikely.” Manheim’s opinion echoes that of Saenz, who said he’s certain the law will be enacted Jan. 1, but the suit is distracting. “This threatens to take attention away from the nascent citywide development of a collaborative partnership to address the critical needs of students,” Saenz said. Assembly Speaker Fabian Nuñez, D-Los Angeles, said the school district should already be fully cooperating with Villaraigosa in terms of giving him a say in the selection of a new superintendent. “Right now the only thing they’ve done is skirt the issue,” Nunez said. “They’ve denied the mayor or the council of mayors an opportunity to participate in the selection of a new superintendent.” But Sen. George Runner, R-Lancaster, said he thinks the lawsuit is appropriate because of questions raised by the state legislative counsel. “If the mayor wants to take control of a school district, they need to go about it the right way,” said Runner, who advocates breaking up LAUSD. `Power grab’ Litigants charged at the morning press conference at the Associated Administrators of Los Angeles offices that the mayor’s takeover was a power grab. U.S. Rep. Diane Watson joined the suit as a private citizen and a resident in LAUSD’s borders. “I am personally grieved with the passage of this bill, because it’s unconstitutional. The constitution of the state of California gives the authority to the elected board of education to administer the school district,” said Watson, D-Los Angeles. The suit comes days after the school board rejected public appeals from the mayor to involve him in the search for Romer’s replacement. School district officials have said they could announce the new superintendent before Oct. 21, when the mayor is expected to return from Asia. Runner said the district’s actions in filing the suit and possibly announcing a new superintendent when the mayor is out of town smacked of gamesmanship. “It does sound like a bit of gamesmanship,” he said. “But I think this whole process has been a bit of gamesmanship on both sides.” Harrison Sheppard contributed to this report [email protected] (818) 713-3722 LAUSD LAWSUIT A lawsuit filed Tuesday challenges the legality of Assembly Bill 1381 on the following grounds: It violates provisions of the state Constitution, which creates a separation between the operation of the municipal government and the education system. It violates the Los Angeles City Charter, which sets forth the duties of the mayor, but does not grant him authority over public schools. It violates voting rights and disenfranchizes voters who don’t live in Los Angeles and all those who voted for LAUSD board members.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You're all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe joys and headaches of holiday travel: John PhillipsThe suit was announced during a morning news conference attended by officials with Los Angeles Unified, the League of Women Voters of Los Angeles, the California School Boards Association, the Associated Administrators of Los Angeles and the district’s two parent unions. Lawsuit blasted Later in the day, supporters of the bill – including state Sen. Gloria Romero, and City Council members Jose Huizar and Wendy Greuel – held their own news conference, where they called the lawsuit an “unfortunate obstructionist action.” They also criticized opponents for filing it when the mayor was on a two-week trade mission to Asia. Villaraigosa’s chief counsel, Tom Saenz, dismissed the argument that the bill violates the City Charter. He predicted it will stand up to legal scrutiny because of amendments made to it. “The school board’s penchant for micromanagement has led them to somehow believe that the charter would give in varying detail exactly what the mayor’s permitted to do, but in fact the charter does what most constitutionalized documents do, they set out broad parameters of what the mayor can do,” Saenz said.