Legislation Antitrust

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  • BRUSSELS, April 19- Europe's antitrust chief is expected to hit Google on Wednesday with anti-competitive charges concerning its Android mobile phone operating system, two people familiar with the matter said. EU charges would open up a second front in the regulatory battle between the European Commission and Google, exposing the world's most popular...

  • *Google 2015 revenues from ads on Android phones $11 bln- analyst. AMSTERDAM/ FRANKFURT, April 18- The European competition commission is gearing up to charge Google with giving unfair prominence to its own apps like search and maps in supplementary software licensing deals it strikes with mobile phone makers running its Android operating system, four sources...

  • AMSTERDAM, April 18- The European Union antitrust chief, who has already charged Google with favouring its own shopping service in internet searches, said on Monday that she was now examining its deals with phone makers and operators. The comments by European Competition Commissioner Margrethe Vestager follow a year-long investigation into Android, the...

  • AMSTERDAM, April 18- The European Union antitrust chief, who has already charged Google with favouring its own shopping service in internet searches, said on Monday that she was now examining its deals with phone makers and operators. The comments by European Competition Commissioner Margrethe Vestager follow a year-long investigation into Android, the...

  • WASHINGTON, April 15- Renata Hesse, who has been in the midst of enforcing antitrust law during a surge of aggressive corporate dealmaking, has been named to head the Justice Department's Antitrust Division, U.S. Hesse, who has previously served as acting assistant attorney general for antitrust, also did a stint at the Federal Communications Commission, where...

  • SandRidge was told in April last year by the U.S. Department of Justice that it was a target of an Oklahoma grand jury. The U.S. Department of Justice notified the company of the end of the probe on Thursday, the company said in a regulatory filing. Among the companies subject to a 2012 DOJ probe for potential antitrust violations related to oil and gas land leasing...

  • April 15- Oil and gas producer SandRidge Energy Inc said on Friday the company is no longer a target of a federal grand jury probe concerning violations of antitrust law related to the leasing of oil and gas properties. The Oklahoma-based company had said in May the transactions subject to the government's inquiry date from 2012 and prior years.

  • Attorney General Loretta Lynch announced on Monday that Bill Baer will serve as acting associate attorney general, leaving his position as head of the department's Antitrust Division to take the No. 3 post at the department. "From his work at the Federal Trade Commission to his leadership of the Justice Department's Antitrust Division, he has demonstrated...

  • BRUSSELS, April 11- French container shipping group CMA CGM has offered concessions in a bid to win European Union antitrust approval for its $2.4 billion takeover of Singaporean rival Neptune Orient Lines. CMA CGM, which ranks behind No. 1 Maersk Line and Swiss peer MSC in global shipping, submitted the concessions on Thursday, a filing on the European...

  • EU's Vestager: Aims are the same for US, EU tax systems

    EU Commissioner, Margrethe Vestager, talks about international taxation rules as well as the commission's investigations into Google's parent, Alphabet.

  • Faber Report: Lawsuit watch

    CNBC's David Faber looks at the Staples/Office Depot antitrust case, the Williams lawsuit against ETE and ETP CEO Kelcy Warren, and whether the Halliburton/Baker Hughes deal will go to court.

  • NEW YORK/ LONDON April 7- If 2015 was a dream year for Wall Street's top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega transactions that had champagne corks popping in boardrooms are running into antitrust problems and, in the case of pharmaceutical firm Pfizer Inc's $160 billion takeover of rival Allergan PLC, political opposition to a...

  • BRUSSELS, April 6- Thwarted in its bid to acquire Dutch peer TNT three years ago, U.S. package delivery company UPS took its case to court on Wednesday, asking judges to overturn the EU veto because of "manifest errors" made by antitrust regulators. But the takeover was blocked by the European Commission because it said UPS had not offered sufficient concessions to...

  • BRUSSELS, April 4- A two-year investigation into whether Apple's tax deal with Irish authorities gave the iPhone maker an unfair advantage will take a lot longer because of the large amount of data involved, the EU antitrust chief said on Monday. The European Commission accused Ireland in 2014 of dodging international tax rules by letting Apple shelter...

  • JOHANNESBURG, April 4- South Africa's competition watchdog said it will request an extension to Tuesday's deadline to complete an investigation of Anheuser-Busch InBev's planned $106 billion takeover of SABMiller. "This transaction raises certain concerns which should be considered and addressed," said Competition Commission spokesman Itumeleng...

  • ALASKA AIR EXPECTS TO RECEIVE REGULATORY APPROVAL BY 3 RD OR 4 TH QTR 2016 AS MINIMAL ROUTE OVERLAP WITH VIRGIN AMERICA MEANS FEW ANTITRUST CONCERNS- COO.

  • "China is still fundamentally looking at this as though it is an IP taker rather than an IP creator," said Lester Ross, a partner at law firm Wilmer Hale's Beijing office. China's antitrust policies are worrying its trading partners, including the United States, which issued a joint statement with China during President Xi Jinping's state visit to Washington last...

  • March 31- The U.S. Federal Trade Commission said on Thursday it had filed a lawsuit accusing Endo International Plc of violating antitrust laws by striking "pay-for-delay" deals to block access to generic copies of its pain drugs. The FTC's complaint, filed in the Eastern District court of Pennsylvania, alleges that Endo paid the first companies that sought...

  • March 31- The U.S. Federal Trade Commission said it filed a complaint in a district court accusing Endo International Plc of violating antitrust laws by striking "pay-for-delay" deals to block access to generic copies of its drugs. The FTC's complaint alleges that Endo paid the first generic companies that filed for FDA approval- Impax Laboratories Inc and...

  • March 30- Pfizer Inc and Allergan Plc said they have received a request for additional information from the U.S. Federal Trade Commission with respect to their merger. The FTC's request for information extends the waiting period required under antitrust rules to 30 days, after the companies have provided the information. The companies said the request was...