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Legislation Antitrust

  • MUMBAI, April 26- India's antitrust regulator has ordered a probe into Swiss drugmaker Roche for allegedly using anti-competitive practices to restrict cheaper copies of a blockbuster cancer drug from reaching patients. India's Biocon and U.S. firm Mylan, which together sell biosimilars of the drug in over a dozen countries including India, filed a...

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, saying the shortage was triggered by factors...

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, at the time saying the shortage was triggered by...

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, at the time saying the shortage had been triggered by...

  • SYDNEY, April 13- Australia's antitrust regulator said it plans to let two dozen companies in the state of South Australia bargain collectively for electricity purchasing contracts, saying the move would guarantee supply and improve competition. On Thursday, the Australian Competition and Consumer Commission said it had made a draft determination to...

  • EU ANTITRUST REGULATORS TO CLEAR TWENTY-FIRST CENTURY FOX PLAN TO ACQUIRE THE REST OF UK PAY-TV GROUP SKY- SOURCES.

  • *Some EU nations wary of deal-making with Russia. RIGA/ BRUSSELS, April 7- Some big utilities in eastern Europe are backing a proposed EU antitrust settlement with Russian state gas exporter Gazprom, increasing the chances of a deal that is opposed by countries striving to loosen the Kremlin's grip over their energy sectors. Many of the countries involved- once in...

  • The banks have also questioned whether the country's Competition Commission can penalise banks which do not have subsidiaries or branches in South Africa, the sources said. The Competition Commission is seeking to impose fines on more than a dozen local and foreign banks that it alleges colluded to coordinate trading in the rand and the U.S. dollar.

  • April 4- Smartphone chipmaker Qualcomm Inc has received approval from U.S. antitrust regulators for its proposed $47 billion acquisition of NXP Semiconductors NV, Qualcomm said in a statement on Tuesday. The waiting period required for companies under the Hart-Scott-Rodino Antitrust Improvements Act has expired, the company said. The tender offer is now...

  • BRUSSELS, April 4- French, German and Italian groups urged their national antitrust enforcers on Tuesday to look into alleged anti-competitive practices by McDonald's, potentially putting the U.S. fast-food chain on course for multiple investigations in Europe. McDonald's, the German and Italian antitrust authorities and the European Commission did not...

  • BRUSSELS, April 4- French, German and Italian groups urged their national antitrust enforcers on Tuesday to look into alleged anti-competitive practices of McDonald's, putting the U.S. fast-food chain at risk of multiple investigations in Europe. McDonald's, the French, German and Italian competition authorities and the European Commission did not...

  • WASHINGTON, March 27- A member of President Donald Trump's transition team, Makan Delrahim, will be nominated to head the U.S. Justice Department's Antitrust Division, the White House said on Monday. Delrahim is expected to move to the Justice Department after finishing up in the White House counsel's office, where he has worked to steer Supreme Court nominee...

  • WASHINGTON, March 27- A member of President Donald Trump's transition team, Makan Delrahim, will be nominated to head the U.S. Justice Department's Antitrust Division, the White House said on Monday. Delrahim is expected to move to the Justice Department after finishing up in the White House counsel's office, where he has worked to steer Supreme Court nominee...

  • BRASILIA/ SAO PAULO, March 22- Brazil's antitrust watchdog Cade on Wednesday approved BM&FBovespa SA's takeover of rival Cetip SA Mercados Organizados, and will not require any antitrust measures beyond those the exchange and clearinghouse firms proposed themselves. The spike in shares was "mainly due to the approval of the deal with remedies that were not...

  • LONDON/ SINGAPORE, March 22- The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on Wednesday. Moller-Maersk, together with second largest line MSC of Switzerland, Germany's Hapag Lloyd, Taiwan-...

  • *United States concerned about proposed shipping alliances. SINGAPORE, March 22- The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an industry that is the backbone of global trade, the companies said on Wednesday. Moller-Maersk, Germany's Hapag Lloyd, Taiwan- based...

  • SINGAPORE, March 22- Antitrust investigators at the U.S. Justice Department have subpoenaed top executives from several container shipping lines as part of a probe into the global industry, shipping lines said on Wednesday. "We can confirm that we conducted an operation," an FBI spokesman in San Francisco told Reuters on Wednesday. The action by U.S....

  • WASHINGTON/ BOSTON, March 17- Makan Delrahim, a veteran lobbyist on President Donald Trump's transition team, is expected to be nominated to head the U.S. Justice Department's Antitrust Division, two sources familiar with the vetting process told Reuters on Friday. Delrahim is expected to move to the Justice Department after finishing up in the White House...

  • WASHINGTON/ BOSTON, March 17- Makan Delrahim, a veteran lobbyist on President Donald Trump's transition team, is expected to be nominated to head the U.S. Justice Department's Antitrust Division, two sources familiar with the vetting process told Reuters on Friday. Delrahim is expected to move to the Justice Department after finishing up in the White House...

  • BRUSSELS, March 17- Air France-KLM, British Airways and nine other airlines were hit with a 776 million euro fine by EU antitrust regulators on Friday for taking part in an air cargo cartel more than a decade ago. The European Commission re-imposed the penalties after Europe's second highest court in 2015 annulled the EU executive's 2010 decision due to a...