Legislation Antitrust

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  • *Walgreens, Rite Aid have overlap in northeastern U.S.- analysts. Walgreens ranks first and Rite Aid third by number of stores, either side of CVS Health Corp.. Several analysts and antitrust lawyers said the deal would probably pass regulatory muster provided some stores were divested, especially in the northeastern United States, where Walgreens and Rite Aid...

  • *Union frets about job losses in South Africa. JOHANNESBURG, Oct 19- Belgian brewer Anheuser-Busch InBev may have won over peer SABMiller, but the $100 billion- plus deal could face delays in South Africa, where the now British company began selling its ubiquitous Castle Lager 120 years ago. But that might not be easy in South Africa, where the mandate for anti-trust...

  • *Union frets about job losses in South Africa. JOHANNESBURG, Oct 19- Belgian brewer Anheuser-Busch InBev may have won over peer SABMiller, but the $100 billion- plus deal could face delays in South Africa, where the now British company began selling its ubiquitous Castle Lager 120 years ago. But that might not be easy in South Africa, where the mandate for anti-trust...

  • *Brookfield working with regulator to address concerns. SYDNEY, Oct 15- An Australian regulator raised antitrust concerns over a planned $6.5 billion takeover by Canada's Brookfield Asset Management of freight firm Asciano Ltd, potentially jeopardizing the country's biggest inbound deal in four years. Asciano shares fell 8 percent to A $7.89 by...

  • SYDNEY, Oct 15- An Australian regulator has raised antitrust concerns over a proposed $6.5 billion takeover by Canada's Brookfield Asset Management of local freight firm Asciano Ltd, delaying the country's biggest inbound M&A deal in four years. In a statement on Thursday, the Australian Competition and Consumer Commission said the deal, the biggest ever...

  • SYDNEY, Oct 15- Australia's competition regulator said a proposed A $8.9 billion takeover by Canada's Brookfield Asset Management of local port and rail freight firm Asciano Ltd may hurt competition for other coal haulage operators. The statement suggests that, while Brookfield and Asciano may be required to make changes to the deal or give regulatory...

  • Oct 14- Delta Air Lines Inc expects the United States and Brazil to reach an aviation deal that removes restrictions on flights between the countries in the next year, the airline's president told investors on a call Wednesday. A so-called "Open Skies" deal would allow Delta and its airline partner Gol Linhas Aereas Inteligentes SA to apply for immunity from...

  • EU's tech watchdog Monday, 5 Oct 2015 | 11:33 AM ET
    EU's tech watchdog

    Europe's top antitrust cop stopped by the NYSE and talked to CNBC's Sara Eisen about some of her more high profile investigations.

  • JERUSALEM, Oct 1- When the Leviathan gas field was discovered off the coast of Israel in 2010, it was pitched as a game-changer-- a vast energy reserve that would transform the economy and bolster public finances for years to come. The case sends a worrying message to investors and may make them wary of the natural resources sector in Israel, which has struggled to...

  • BRUSSELS, Sept 30- European Union antitrust regulators are considering a programme for disgruntled employees or unhappy consumers to blow the whistle on cartels more easily, a European Commission official said on Wednesday. Director of cartels Eric Van Ginderachter said a whistleblowing scheme would complement the Commission's leniency programme...

  • BRUSSELS, Sept 30- European Union antitrust regulators are considering a programme for disgruntled employees or unhappy consumers to blow the whistle on cartels more easily, a European Commission official said on Wednesday. Director of cartels Eric Van Ginderachter said a whistleblowing scheme would complement the Commission's leniency programme...

  • BEIJING, Sept 29- Microsoft Corp and its Chinese partner in an Xbox game console venture have been fined by China's commerce ministry for breaching antitrust rules but escaped serious punishment after it deemed they did not hamper free market competition. Microsoft and Shanghai Oriental Pearl Media Co Ltd, known as BesTV, were fined 200,000 yuan each for...

  • *Comcast says USJ enterprise value at $6.2 bln. Propelled by the huge popularity of Harry Potter attractions, its Universal Studios parks have become a core growth business for Comcast, which saw its $45 billion bid for Time Warner Cable Inc fail on antitrust concerns this year. Comcast, which owns Universal Studios and Universal Theme Parks through its...

  • WASHINGTON, Sept 25- The U.S. Federal Trade Commission has opened a preliminary investigation into whether Google Inc uses its Android operating system to dominate competitors as more consumers go mobile, two sources familiar with the matter said on Friday. Reuters reported in April that some technology companies had complained to the U.S. Department of...

  • Sept 25- The U.S. Federal Trade Commission is investigating whether Google Inc is using its Android mobile operating system to stifle competition, a source familiar with the matter said on Friday. Reuters reported in April that some technology companies had complained to the U.S. Department of Justice about Google's anti-competitive practices and urged the...

  • WASHINGTON, Sept 24- A federal court in Ohio refused on Thursday to stop a $1.9 billion merger of medical technology provider Steris Corp and British sterilization services provider Synergy Health Plc, despite the objections of U.S. antitrust enforcers. Steris' share price rose on the decision. The FTC said the deal would hurt customers of the two companies by...

  • German booksellers seek action on Amazon audio books Monday, 21 Sep 2015 | 8:48 AM ET

    BERLIN, Sept 21- The association of German book sellers accused Amazon and its subsidiary Audible on Monday of building a monopoly in the audio book business as it lodged complaints with the German competition authority and the European Commission. It said more than 90 percent of all downloads of audio books in Germany were made via the Audible or Amazon sites,...

  • MOSCOW, Sept 21- Russia's top natural gas producer Gazprom has sent proposals to the European Commission regarding an out-of-court settlement of an antitrust case against the company, Interfax news agency quoted a Gazprom official as saying on Monday. After more than two years of investigation, EU antitrust regulators charged the Russian gas giant in April...

  • Sept 18- Health insurer Aetna Inc said on Friday that the U.S. Department of Justice asked for more information on its pending $37 billion acquisition of Humana Inc. The DoJ's so-called "second request" will delay by 30 days the expiration of the waiting period under the Hart-Scott-Rodino antitrust act, Aetna said in a regulatory filing. Aetna's offer to buy...

  • BRUSSELS/ LONDON, Sept 18- Hutchison Whampoa is set to face an extensive EU investigation over its bid for Telefonica's British unit and is prepared to sell network capacity and frequencies to head off antitrust concerns, three sources said on Friday. Hutchison's planned 10.3- billion-pound acquisition of Telefonica's O2 business would make it the top...