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Legislation Antitrust

  • BRUSSELS, June 14- EU antitrust regulators have opened investigations into whether Nike, Comcast's Universal Studios and Hello Kitty owner Sanrio illegally block some cross-border sales or ban certain online retailers from selling their products. "We are going to examine whether the licensing and distribution practices of these three companies may be...

  • PRETORIA, June 13- South Africa's competition watchdog has launched an investigation into three pharmaceutical companies suspected of over-charging for cancer medicines, the agency's chief said on Tuesday. Tembinkosi Bonakele, head of the Competition Commission, said the agency would investigate Aspen Pharmacare, Africa's biggest generic drug maker,...

  • FTC to advise blocking Rite Aid-Walgreens merger

    CNBC's Susan Li reports on the Federal Trade Commission advising to block a Rite Aid-Walgreens merger as Rite Aid shares plummet.

  • *GM's sale of Opel to France's PSA possible by end July. FRANKFURT, June 8- Opel, the European arm of General Motors, said its sale to France's PSA Group could be completed as early as July 31, pending regulatory approval from antitrust authorities. In March, when Peugeot owner PSA agreed to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros,...

  • June 6- Russian security software maker Kaspersky Lab has filed antitrust complaints against Microsoft with the European Commission and the German federal cartel office, it said in a statement on Tuesday. Kaspersky Lab said Microsoft was abusing its dominance in the PC operating system market, creating obstacles for independent software security vendors...

  • BRUSSELS, June 1- EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company. The European Commission's decision will come after a seven-year investigation into the world's most...

  • BRUSSELS, June 1- EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company. The European Commission's decision will come after a seven-year investigation into the world's most...

  • OXFORD, England, May 22- European Union antitrust regulators are to put major financial services firms under the microscope by examining the impact of syndicated loans on credit markets. "The fact that the Commission commissions a study in a specific market does not in any way imply that there is anti-competitive behaviour taking place or that the Commission...

  • OXFORD, England, May 22- European Union antitrust regulators are to put major financial services firms under the microscope by examining the impact of syndicated loans on credit markets. "The fact that the Commission commissions a study in a specific market does not in any way imply that there is anti-competitive behavior taking place or that the Commission...

  • OXFORD, England, May 22- EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine. "In the next few months, we will reach a decision on the Google cases, Google search, AdSense and to me the...

  • OXFORD, England, May 22- EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine. "In the next few months, we will reach a decision on the Google cases, Google search, AdSense and to me the...

  • OXFORD, England, May 22- EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine. "In the next few months, we will reach a decision on the Google cases, Google search, AdSense and to me the...

  • OXFORD, England, May 22- EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine. "In the next few months, we will reach a decision on the Google cases, Google search, AdSense and to me the...

  • TOKYO, May 19- U.S. buyout firm Bain Capital LP plans to bid around 1.5 trillion yen for a majority stake in Toshiba Corp's chip business, people with knowledge of the matter said. The bid will be made in partnership with South Korea's SK Hynix Inc but the chip maker will not take a leading role due to anti-trust concerns, the people said, declining to be identified as...

  • BRUSSELS, May 18- European Union antitrust regulators fined Facebook 110 million euros on Thursday for giving misleading information during a vetting of its deal to acquire messaging service WhatsApp in 2014.. Calling it a "proportionate and deterrent fine," the European Commission, which acts as the EU's competition watchdog, said Facebook had said it could...

  • BRUSSELS, May 17- U.S. social network Facebook is set to be penalised by EU antitrust regulators for allegedly providing misleading data related to its WhatsApp acquisition three years ago, a person familiar with the matter said on Wednesday. The move by the European Commission will come after a six-month investigation and is expected to be a stiff warning to...

  • SEOUL, May 16- South Korea's anti-trust regulator fined Deutsche Bank AG and BNP Paribas a total of 176 million won after it found that their branches had colluded during currency forwards auctions. South Korea's Fair Trade Commission said on Tuesday that the two banks had made illegal profits from 2011 April through 2014 November by colluding on prices of...

  • WASHINGTON, May 10- Makan Delrahim, who was chosen by President Donald Trump to be the top U.S. antitrust regulator, said on Wednesday that he would maintain independence from the White House in enforcing antitrust law. In a hearing before the Senate Judiciary Committee overshadowed by repercussions over Trump's firing of Federal Bureau of Investigation...

  • Florida Attorney General Pam Bondi's office has opened an investigation into allegations made in civil lawsuits, filed last year in federal court in Chicago, that Tyson and other chicken processors conspired to fix prices, Tyson spokesman Gary Mickelson said. "We continue to believe the antitrust claims that prompted the Florida AG to open this...

  • *Liberty produced in Frankfurt and Mobile, Alabama. FRANKFURT, May 8- Bayer has agreed to sell its Liberty herbicide and LibertyLink-branded seeds businesses to win antitrust approval for its acquisition of Monsanto, it said on Monday. The divestment of the two global brands, a requirement imposed by South Africa's Competition Commission on Sunday, will...