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Antitrust

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  • PRETORIA, June 8- South Africa's competition watchdog could hand out some of its biggest fines ever after its investigation into suspected currency-rigging by global banks, it said on Monday. The Competition Commission has accused dealers at banks of colluding by using an instant messaging chat room called "ZAR Domination", to coordinate their trading...

  • Movie theaters under investigation Wednesday, 3 Jun 2015 | 9:00 AM ET
    Movie theaters under investigation

    AMC, Regal, and Cinemark Theaters are being probed by the Justice Department for possible antitrust violations.

  • Movie chain Cinemark in DOJ antitrust probe Wednesday, 3 Jun 2015 | 6:53 AM ET
    A CineMark movie theater

    Movie theater chain Cinemark said it had received formal inquiries from the U.S. Department of Justice related to an antitrust probe.

  • June 2- Movie theater chain Cinemark Holdings Inc said it had received formal inquiries from the U.S. Department of Justice related to an antitrust probe, a day after larger cinema operators Regal Entertainment Group and AMC Entertainment Holdings received similar notices. Houston- based Viva Cinema sued AMC Entertainment on April 20, saying AMC had coerced...

  • BRUSSELS, June 2- U.S. tech firm Disconnect has filed a complaint to EU antitrust regulators against Google's ban on its privacy app, accusing the Silicon Valley giant of abusing its dominant market position. Google was not willing to engage in a dialogue, "Disconnect Chief Executive Casey Oppenheim told Reuters on Tuesday. The European Commission, which opened a...

  • NEW YORK, May 28- A federal appeals court on Thursday rejected Apple Inc's bid to disqualify an antitrust compliance monitor appointed after the technology company was found liable for conspiring with five publishers to raise e-book prices. While saying some allegations against the monitor Michael Bromwich "give pause," the 2nd U.S. Circuit Court of Appeals in...

  • WASHINGTON, May 28- U.S. antitrust regulators have settled a long-running fight with Cephalon, now owned by Teva Pharmaceuticals, over how it resolved a patent infringement lawsuit tied to wakefulness drug Provigil, the Federal Trade Commission said on Thursday. As part of the settlement, Teva, which bought Cephalon in 2012, agreed to pay $1.2 billion to refund...

  • WASHINGTON, May 28- U.S. antitrust regulators have settled a long-running fight with Cephalon, now owned by Teva Pharmaceuticals, over how it resolved a patent infringement lawsuit tied to wakefulness drug Provigil, the Federal Trade Commission said on Thursday. As part of the settlement with regulators, Teva, which bought Cephalon in 2012, agreed to pay $1.2...

  • WASHINGTON, May 28- U.S. antitrust regulators have settled a long-running fight with Cephalon, now owned by Teva Pharmaceuticals, over how it resolved a patent infringement lawsuit over the sleep disorder drug Provigil, the Federal Trade Commission said on Thursday. Cephalon had been accused by the FTC of illegally protecting its monopoly on Provigil by...

  • NEW YORK, May 24- Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. European Union antitrust regulators opened an investigation into Amazon's tax-minimizing arrangements with Luxembourg in October.

  • The talks underscored Altice's intentions to pursue a deal with Time Warner Cable, which is also being courted by Charter Communications Inc after Comcast Corp abandoned its $45.2 billion offer for Time Warner Cable last month over U.S. antitrust concerns.

  • May 21- Camel cigarette brand owner Reynolds American Inc's planned acquisition of smaller rival Lorillard Inc is expected to receive U.S. antitrust clearance as soon as next week, the Wall Street Journal said. While Reynolds American and the U.S. Federal Trade Commission declined to comment, Lorillard was not immediately available. Reynolds, which will get...

  • NEW YORK, May 11- Citigroup Inc said it could plead guilty to an antitrust charge to resolve a U.S. Department of Justice investigation of its dealings in foreign exchange markets. Citigroup is one of six major banks that have been under investigation over the past year by global authorities, including the DOJ, for trying to manipulate rates in the $5- trillion-...

  • Citigroup says could plead guilty to settle FX probe Monday, 11 May 2015 | 9:34 AM ET

    NEW YORK, May 11- Citigroup Inc said it could plead guilty to an antitrust charge to resolve a U.S. Department of Justice investigation of its dealings in foreign exchange markets. In a regulatory filing on Monday, the company also said the Justice Department has advised it does not intend to prosecute the bank in a separate investigation of the setting of...

  • BRUSSELS, May 8- EU antitrust regulators are asking Qualcomm's rivals how the U.S. chipmaker's business practices and the way it licenses its products affect them, as part of an investigation begun seven months ago, a document seen by Reuters showed. Qualcomm has been feeling the regulatory heat in Europe, the United States, China, Japan and South Korea in recent...

  • HOUSTON/ NEW YORK May 7- SandRidge Energy Inc is the target of a federal grand jury probe concerning violations of antitrust law related to the leasing of oil and gas properties, the company said in a regulatory filing on Thursday. The Oklahoma City, Oklahoma- based company said the transactions subject to the government's inquiry date from 2012 and prior years,...

  • May 7- California's highest court has revived an antitrust class action accusing a drugmaker since acquired by Teva Pharmaceutical Industries Ltd of keeping a generic version of Bayer AG's antibiotic Cipro off the market in exchange for payment. The case, which began in 2000 in California state court, centers on a series of settlements in the late 1990 s under...

  • *Gazprom has 12 weeks to respond to EU charges. MOSCOW, May 7- Gazprom is considering offering Europe new concessions, including on pricing, to settle its antitrust case and avoid a long legal battle which could result in billions of dollars in fines for the Russian gas producer. The European Commission has accused Gazprom, which meets a third of EU gas needs and...

  • Orbitz Worldwide reports 1st-quarter loss Thursday, 7 May 2015 | 8:29 AM ET

    May 7- Orbitz Worldwide Inc on Thursday reported a quarterly loss, missing analysts' expectations of a profit. The online travel services company, which larger rival Expedia Inc plans to acquire pending approval by antitrust regulators, lost about $20.9 million in the first quarter, or 19 cents per diluted share, versus a year-earlier loss of about $5.9 million,...

  • BRUSSELS, May 6- EU regulators will investigate whether electronics and digital content companies illegally curb cross-border online sales, the EU's antitrust chief said on Wednesday, a move likely to affect both e-commerce giant Amazon and traditional retailers. The inquiry into the retail sector is part of a broader strategy by the European Commission to...