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Legislation Antitrust

  • WASHINGTON, July 27- Republican and Democratic lawmakers on Thursday discussed ways to prevent drugmakers from using rules developed to safeguard patients to instead block the sale of cheaper medicines. The focus at a hearing, held by members of the House Judiciary Committee's antitrust subcommittee, was on the use by some brand name drug companies of a Food...

  • Jeff Bezos speaking at the new New York Economic Club luncheon in New York on Oct. 27, 2016.

    James Cakmak, Monness, Crespi, Hardt analyst, weighs in on whether Amazon is at risk of being stymied by antitrust risks and where he sees the stock headed from here.

  • FRANKFURT/ HAMBURG, July 25- Daimler's supervisory board will meet on Wednesday to discuss allegations that German carmakers were involved in anti-competitive behaviour, sources familiar with the matter said. European Union and German antitrust regulators are investigating whether BMW, VW, Porsche, Audi and Mercedes-Benz owner Daimler held meetings to...

  • FRANKFURT/ HAMBURG, July 25- Daimler's supervisory board will meet on Wednesday to discuss allegations that German carmakers were involved in anti-competitive behaviour, sources familiar with the matter said on Tuesday. European Union and German antitrust regulators are investigating whether BMW, VW, Porsche, Audi and Mercedes-Benz owner Daimler held...

  • DuPont also said higher soybean sales in North America and increased demand for sunflower and corn seeds in Europe helped its agriculture business in the first half of the year. DuPont and Dow are hiving off assets worth billions, including a portion of DuPont's crop protection business, to comply with anti-trust regulators after announcing their $130...

  • FRANKFURT/ HAMBURG, July 25- Daimler's supervisory board will meet on Wednesday and seek answers about whether German carmakers were part of a club that was allegedly involved in anti-competitive behaviour, sources familiar with the matter said on Tuesday. European Union and German antitrust regulators are investigating whether BMW, VW, Porsche, Audi and...

  • July 24- Alphabet Inc reported a 27.7 percent drop in quarterly profit as the company recorded a previously announced charge related to a record $2.7 billion fine imposed on its Google unit by the EU. EU antitrust regulators last month hit Google with a record 2.4- billion-euro fine for favoring its own shopping service, taking a tough line in the first of three...

  • SAN FRANCISCO— Google's parent company Alphabet can easily afford the $2.7 billion write-down it's taking to cover a big antitrust fine in Europe. The regulators not only imposed a huge fine, they also insisted that Google change the way it provides search results in Europe. Alphabet is still mulling an appeal of that ruling, which could take years to get through...

  • BERLIN/ FRANKFURT, July 24- Volkswagen will hold a special supervisory board meeting on Wednesday to discuss allegations that German carmakers operated a wide-ranging cartel, a source familiar with the matter said on Monday. The European Commission said on Saturday that antitrust regulators were investigating a possible German auto industry cartel...

  • BRUSSELS, July 24- Online campaigns group Avaaz has called on European Union antitrust regulators to block Bayer's purchase of Monsanto, saying it would hurt innovation and competition and push up prices. Avaaz said in a letter to European Competition Commissioner Margrethe Vestagerhad that more than one million people had signed its petition opposing the...

  • *STOXX 600 ends down 0.2 pct. *Julius Baer jumps on biggest inflows since fin crisis. LONDON, July 24- European shares dipped on Monday with automakers hitting their lowest level this year after anti-trust regulators opened an investigation, while price war worries hurt airlines.

  • BRUSSELS, July 24- Online campaigns group Avaaz has called on European Union antitrust regulators to block Bayer's purchase of Monsanto, saying it would hurt innovation and competition and push up prices. Avaaz said in a letter to European Competition Commissioner Margrethe Vestagerhad that more than one million people had signed its petition opposing the...

  • Recode's Kara Swisher: Dems have been tech-friendly but some antitrust statements are not

    Kara Swisher, Recode, talks about Congressional Democrats like Sen. Cory Booker (D-N.J.) taking aim at the Amazon-Whole Foods deal and other tech names for antitrust concerns.

  • Antitrust in the spotlight for Amazon-Whole Foods

    James Cooper, former acting director of the office of policy planning at the FTC, discusses the current antitrust scrutiny on the Amazon-Whole Foods merger and the tech sector in general.

  • LONDON, July 24- Another wobble for European autos shares on Monday has put the regional sector on track for its worst two-day run in more than a year pointing to heightened investor caution ahead of results due over the coming week. Shares of Europe's leading carmakers fell on Monday following news that EU anti-trust regulators were investigating possible...

  • BERLIN/ FRANKFURT, July 24- Volkswagen will hold a special supervisory board meeting on Wednesday to discuss allegations that German carmakers operated a wide-ranging cartel, a source familiar with the matter said on Monday. The European Commission said on Saturday antitrust regulators were investigating a possible German auto industry cartel following...

  • *STOXX 600 down 0.1 pct. *Julius Baer jumps on biggest inflows since fin crisis. LONDON, July 24- European shares dipped on Monday with the autos sector hitting its lowest level this year after anti-trust regulators opened an investigation into regional carmakers while price war worries hurt airlines.

  • FRANKFURT, July 24- German auto stocks took a hit in early Monday trading, weighed down by uncertainty over possible antitrust fines after European regulators said they were investigating allegations that carmakers were operating a cartel. The European Commission said on Saturday that European Union antitrust regulators had received a tip-off about...

  • LONDON, July 24- European shares dipped on Monday with the autos sector hitting its lowest level this year after anti-trust regulators opened an investigation into regional carmakers while worries on escalating price wars hurt airlines. Shares in carmakers across Europe fell after European Union antitrust regulators said they were investigating...

  • MADRID, July 22- Authorities in Madrid asked Spain's anti-trust watchdog on Saturday to investigate whether Uber's new low-cost airport transfer service constitutes unfair competition. The firm's recently launched Uber Airport service offers a tariff of 15- 29 euros for a ride between Madrid's Barajas international airport and the city centre.