Legislation Antitrust

  • BERLIN— Germany's anti-trust agency says it's dropping its investigation of Amazon subsidiary Audible and Apple after the two companies agreed to end exclusivity deals for audiobook supply and distribution. Cartel office head Andreas Mundt says the termination of the agreement "will enable a wider range of offer and lower prices for consumers."

  • WASHINGTON, Jan 17- Danaher Corp co-founder Mitchell Rales agreed to pay $720,000 to settle allegations that he failed to report stock purchases to the government so that they could be vetted to determine if they violate antitrust law, antitrust enforcers said on Tuesday. The Federal Trade Commission also reached a settlement with hedge fund founder Ahmet...

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of using "anticompetitive" tactics to maintain its monopoly on a key semiconductor used in mobile phones. The FTC, which works with the Justice Department to enforce antitrust law, said that San Diego- based Qualcomm used its dominant...

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of using "anticompetitive" tactics to maintain its monopoly on a key semiconductor used in mobile phones. The FTC, which works with the Justice Department to enforce antitrust law, said that San Diego- based Qualcomm used its dominant...

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of antitrust violations in its patent licensing business. The FTC asked the U.S. District Court for the Northern District of California in San Jose to order Qualcomm to cease this and related practices. In February 2015, Qualcomm paid a $975...

  • WASHINGTON— The Justice Department, which started investigating alleged collusion between the nation's major airlines in mid-2015, will not bring an antitrust case against the carriers before the Obama administration leaves office at the end of next week, according to a person familiar with the situation. The civil investigation has not been closed,...

  • SAN FRANCISCO, Jan 12- iPhone app purchasers may sue Apple Inc over allegations that the company monopolized the market for iPhone apps by not allowing users to purchase them outside the App Store, leading to higher prices, a U.S. appeals court ruled on Thursday. The 9th U.S. Circuit Court of Appeals ruling revives a long-simmering legal challenge originally...

  • BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators approved the French government's plan to inject 4.5 billion euros into embattled nuclear group Areva, saying the rescue would not unduly distort competition. The European Commission's ruling will allow Areva, whose equity has been wiped out by years of losses, to restart as a smaller firm focused on...

  • *Commission approves 3.3 billion euros bridging loan. BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators have approved the French government's plan to inject 4.5 billion euros into embattled nuclear group Areva, saying the rescue would not unduly distort competition. The Commission said the aid for 87 percent state-owned Areva was subject to...

  • BRUSSELS/ PARIS, Jan 10- European Union antitrust regulators approved on Tuesday French plans to grant a capital injection of 4.5 billion euros to nuclear group Areva and said Areva's restructuring plan would not unduly distort competition. The European Commission, which oversees competition policy in the European Union, said the state aid was subject to...

  • NEW YORK, Jan 5- A federal appeals court on Thursday rejected the U.S. government's request that it reconsider its decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. Without comment, the 2nd U.S. Circuit Court of Appeals let stand its Sept. 26 reversal of a lower court ruling that had struck...

  • *Euronext to buy LCH Clearnet SA for 510 mln euros. The European Commission has expressed antitrust concerns about the $28 billion merger and the impact on the clearing of derivatives contracts in particular. The Commission, in a document on the issue, has not made clear if the sale of the French clearing business, LCH Clearnet SA, would be enough to dispel its...

  • Jim Stewart: Trump and the art of the M&A deal

    Jim Stewart, New York Times columnist, discusses how antitrust issues may be addressed during the Trump era.

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea/ SAN FRANCISCO, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea/ SAN FRANCISCO, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea/ SAN FRANCISCO, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. firm said it will challenge in court. The fine is the largest ever levied in South Korea.

  • SEJONG, South Korea, Dec 28- South Korea's antitrust regulator said on Wednesday it fined U.S. chipmaker Qualcomm Inc 1.03 trillion won, a record for the country, ruling its business practices of patent licensing and smartphone modem chip sales hindered competition. Qualcomm in February 2015 agreed to pay a $975 million fine in China following an antitrust...

  • WASHINGTON, Dec 27- Healthcare company Abbott Laboratories has won U.S. antitrust approval for its proposed $25 billion acquisition of medical device maker St. Jude Medical Inc, the U.S. Federal Trade Commission said on Tuesday. Jude's vascular closure device and Abbott's steerable sheath to Japan- based Terumo Corp. In October, Abbott said the companies would...

  • WASHINGTON, Dec 27- Healthcare company Abbott Laboratories has won U.S. antitrust approval for its proposed purchase of medical device maker St. Jude Medical Inc, the U.S. Federal Trade Commission said on Tuesday. Jude's vascular closure device and Abbott's steerable sheath- to Japan- based Terumo Corp..