Legislation Antitrust

  • In a report published last month, Japan's Fair Trade Commission said that NTT Docomo, KDDI Corp and Softbank Group were refusing to sell older surplus iPhone models to third party retailers, thereby hobbling smaller competitors. Both iPhone 7 and Samsung's Galaxy S7 edge model sell for 93,960 yen under Docomo's main service package without any contract, but...

  • BERLIN, Sept 22- International airlines have requested antitrust immunity from the United States to allow them to discuss routes to Venezuela, which is blocking ticket revenues from leaving the country, the International Air Transport Association said on Thursday. Airlines have around $3.8 billion in revenues trapped in Venezuela due to currency controls.

  • NEW YORK, Sept 20- The U.S. judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion- a-day foreign exchange market on Tuesday narrowed but refused to dismiss lawsuits against Deutsche Bank, Morgan Stanley and five other large banks that have yet to settle. District Judge Lorna Schofield in Manhattan dismissed antitrust claims in a...

  • NEW YORK, Sept 20- The U.S. judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion- a-day foreign exchange market on Tuesday narrowed but refused to dismiss lawsuits against Deutsche Bank, Morgan Stanley, and five other large banks that have yet to settle. District Judge Lorna Schofield in Manhattan dismissed antitrust claims...

  • NEW YORK— Chinese antitrust regulators have approved Marriott's buyout of Starwood, marking the final approval needed for the deal to close. Marriott International Inc. and Starwood Hotels& Resorts Worldwide Inc. expect to close the deal before the market opens on Friday. Also, Starwood shareholders will be entitled to receive Marriott's quarterly cash...

  • BRUSSELS, Sept 19- European Union antitrust regulators opened a probe on Monday into tax deals granted by Luxembourg to French power utility Engie, stepping up the EU's campaign against tax avoidance by multinationals. The European Commission said it had concerns the tax rulings granted by Luxembourg since 2008 appeared to treat the same financial...

  • BRUSSELS, Sept 19- European Union antitrust regulators opened a probe on Monday into tax deals granted by Luxembourg to French power utility Engie, stepping up the EU's campaign against tax avoidance by multinationals. The European Commission said it had concerns the tax rulings granted by Luxembourg since 2008 appeared to treat the same financial...

  • BRUSSELS, Sept 19- European Union antitrust regulators opened a probe on Monday into tax deals granted by Luxembourg to French power utility Engie, stepping up the EU's campaign against tax avoidance by multinationals. The European Commission said it had concerns the tax rulings granted by Luxembourg since 2008 appeared to treat the same financial...

  • Faber Report: DOJ drops one claim in insurer merger lawsuit

    CNBC's David Faber reports the latest on the merger between Anthem and Cigna.

  • Monsanto CEO: Confident the deal is 'clean'

    Bayer CEO Werner Baumann and Monsanto CEO Hugh Grant discuss the $66 billion deal for Monsanto to be acquired by the German company.

  • Taro and two of its senior officers received subpoenas last week in connection with a federal antitrust investigation into generic drug pricing.

  • WASHINGTON, Sept 11- Taro Pharmaceutical Industries Ltd and two of its senior officers received grand jury subpoenas last week in connection with a federal antitrust investigation into generic drug pricing, the company disclosed. The company, which is headquartered in Israel, said late on Friday it received subpoenas on Thursday from the U.S. Justice...

  • Sept 8- Medical device maker Abbott Laboratories and Alere Inc agreed on Thursday to work with a mediator to settle their dispute over Abbott's role in obtaining U.S. antitrust clearance for its $5.8 billion takeover of the diagnostics company, but Alere voiced concern about the speed of the process. The companies are considering using former Delaware...

  • LUXEMBOURG, Sept 8- Danish drugmaker Lundbeck lost an appeal against a European Union antitrust fine on Thursday when a court ruled its payments to rivals to delay sales of generic copies of a blockbuster anti-depressant were anti-competitive. Lundbeck shares fell as much as 3 percent to 263 Danish crowns after the verdict by the Luxembourg- based General...

  • LUXEMBOURG, Sept 8- Danish drugmaker Lundbeck lost an appeal against a European Union antitrust fine on Thursday when a court ruled its payments to rivals to delay sales of generic copies of a blockbuster anti-depressant were anti-competitive. Lundbeck shares fell as much as 3 percent to 263 Danish crowns after the verdict by the Luxembourg- based General...

  • LUXEMBOURG, Sept 8- Danish drugmaker Lundbeck lost an appeal against a European Union antitrust fine on Thursday when a court ruled its payments to rivals to delay sales of generic copies of a blockbuster anti-depressant were anti-competitive. Lundbeck shares fell as much as 3 percent to 263 Danish crowns after the verdict by the Luxembourg- based General...

  • HANGZHOU, China, Sept 4- An EU ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday. Last week, European Union antitrust regulators ordered Apple to pay up to 13 billion euros in taxes to the Irish...

  • HANGZHOU, China, Sept 4- The EU's ruling that Apple Inc must pay a huge tax bill to Ireland was clearly based on facts and existing rules and was not a decision aimed against the United States, European Commission President Jean-Claude Juncker said on Sunday. Last week, European Union antitrust regulators ordered Apple to pay up to 13 billion euros in taxes to the...

  • Aug 31- Alere Inc alleges Abbott Laboratories is trying to stymie its planned $5.8 billion takeover of the diagnostics company by purposefully delaying key submissions to anti-trust regulators, according to a lawsuit made public on Tuesday. Alere claims in its complaint that Abbott has avoided responding to a second request by the Federal Trade Commission...

  • WASHINGTON/ CHICAGO, Aug 31- The U.S. Justice Department filed a lawsuit on Wednesday aimed at stopping Deere& Co from buying Monsanto Co's Precision Planting farm equipment business. Deere said in a statement that it would fight the lawsuit, saying that the Justice Department's antitrust concerns were "misguided." In particular, the Justice Department was...