130 episodes

Listen in as MLex expert contributors discuss some of the most important developments in regulatory risk and opportunity worldwide.

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Listen in as MLex expert contributors discuss some of the most important developments in regulatory risk and opportunity worldwide.

    What a US approach to obstruction charges could teach Australian antitrust regulators

    What a US approach to obstruction charges could teach Australian antitrust regulators

    Australian steel-product manufacturer BlueScope Steel is embroiled in two court cases brought by the country’s competition regulator. The company’s former manager Jason Ellis is involved in both cases --- alleged attempted cartel conduct and criminal obstruction charges. Obstruction charges are often used in the US to aid cartel probes, but it’s the first time the measures have been used in Australia in this context. Australasian Managing Editor James Panichi and Senior Correspondent Laurel Henning discuss what Australia could learn from the US when it comes to obstruction charges.

    • 13 min
    Grifters and grafters: Indonesia's anticorruption agency under attack

    Grifters and grafters: Indonesia's anticorruption agency under attack

    The staff at Indonesia's Corruption Eradication Commission have found their respected agency under attack from a seemingly unlikely source: parliament. A new bill passed just this week is set to clip its wings by making its activities and independence subject to the whims of a handpicked supervisory panel. It's an unwelcome development for an agency that is the most trusted of any state body in Southeast Asia's biggest economy, particularly because the legal offensive comes from the country's least trusted, the legislature itself. The uncharacteristic quiescence of the country's "clean-hands" president, Joko Widodo, seems set to allow the bill pass into law, potentially setting the nation's successful anticorruption efforts back years. MLex Asia Managing Editor David Plott spoke with Jakarta Correspondent Jet Damazo-Santos to explore how the bill came to pass, and what it means for a country that's trying to shed its unenviable reputation as one of the world's most corrupt places in which to do business.

    • 12 min
    Facebook’s claims on users’ privacy expectations raise concerns among US federal lawmakers

    Facebook’s claims on users’ privacy expectations raise concerns among US federal lawmakers

    Facebook’s argument that users suing over the Cambridge Analytica scandal had no expectation of privacy after sharing information with friends has been dealt a blow in a federal court, with a judge in California saying the argument “could not be more wrong.” But the digital platform’s reasoning on what privacy safeguards its users believed they were entitled to have also raised questions among members the US House Judiciary Subcommittee, who have asked the platform to explain the disparity between its claims in court and reassurances on privacy offered by its boss, Mark Zuckerberg.

    • 8 min
    Sour note: Tencent Music, record labels and licensing in China

    Sour note: Tencent Music, record labels and licensing in China

    The content-licensing practices of Tencent Music – far and away China’s biggest music download service – have struck a discordant note with the country’s antitrust regulator, which is looking into the company’s exclusive licensing arrangements amid concerns that they are locking competitors out of the action in the world’s 7th-largest music market. The investigation of Tencent Music – the first such Chinese probe targeting a local tech giant, and the first involving non-price vertical agreements – has roped in the world’s biggest music labels, Universal Music, Sony Music Entertainment and Warner Music, alongside such corporate heavyweights as Apple, Alibaba, Baidu, NetEase and Huawei. It’s more than an attempt to rein in the dominant player in the market; it’s set to be a game changer for the entire industry. MLex Asia Managing Editor David Plott sat down with Chief China Correspondent Yonnex Li to explore the issues, and where the probe goes next.

    • 15 min
    Cannabis-industry growth in the US sees a spike in regulatory action

    Cannabis-industry growth in the US sees a spike in regulatory action

    The announcement that Curaleaf was aiming to create the US’s biggest cannabis company with its $875 million GrassRoots merger is likely to attract scrutiny, as officials from the US Department of Justice review the deal. In fact, the US regulator has issued second requests for information on nearly every cannabis merger is has dealt with, suggesting an interest on the part of government agencies to increase their expertise in dealing with a relatively new industry.

    • 14 min
    Libra, the Facebook-backed cryptocurrency, faces regulation woes

    Libra, the Facebook-backed cryptocurrency, faces regulation woes

    Sam Wilkin and Jack Schickler of MLex discuss Facebook's foray into cryptocurrency, Libra, and the regulation impact already expected in its home jurisdiction of Switzerland.

    • 12 min

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