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Legislation Antitrust

  • WASHINGTON, Dec 20- Movie theater company AMC Entertainment Holdings Inc will have to divest cinemas in 15 local markets and sell off most of its holdings in National Cinemedia LLC in order to complete its purchase of Carmike Cinemas Inc, the Justice Department said on Tuesday. The department's Antitrust Division filed a civil suit in U.S. District Court on...

  • Rite Aid to sell 865 stores to Fred's, stock jumps

    The drugstore chain says it plans to sell 865 stores to Fred's for $950 million in cash.

  • *LSE says sale to Euronext subject to European Commission review. London Stock Exchange Group Plc and Deutsche Boerse said on Tuesday that LSE was in discussions about selling the French subsidiary of LCH.Clearnet to address anti-trust concerns raised by the European Commission in relation to their planned merger. LSE and Deutsche Boerse also hope that...

  • Dec 16- Subsidiaries for advertising companies Omnicom Group Inc and Publicis Groupe SA were subpoenaed by the U.S. Department of Justice, both companies said on Friday. The Justice Department's antitrust division has been investigating whether ad agencies had rigged bids to favor in-house production units. Both Omnicom and Publicis said they received the...

  • Dec 16- Subsidiaries for advertising companies Omnicom Group Inc and Publicis Groupe SA were subpoenaed by the U.S. Department of Justice, both companies said on Friday. The Justice Department's antitrust division has been investigating whether ad agencies had rigged bids to favor in-house production units. Both Omnicom and Publicis said they received the...

  • Dec 16- Subsidiaries for advertising companies Omnicom Group Inc and Publicis Groupe SA were subpoenaed by the U.S. Department of Justice, both companies said on Friday. The Justice Department's antitrust division has been investigating whether ad agencies had rigged bids to favor in-house production units. Both Omnicom and Publicis said they received the...

  • Dec 16- Advertising company Omnicom Group Inc said on Friday two subsidiaries had received subpoenas from the U.S. Department of Justice's antitrust division related to an examination of video production and post-production practices in the ad industry. Rival Interpublic Group of Cos said earlier this month that one of its domestic agencies had been...

  • The discount- designed for patients who pay full retail prices at the pharmacy, such as those who are uninsured- is being put in place for products purchased on Blink Health mobile and web platforms, effective Jan. 1. Two prominent U.S. lawmakers also called on federal antitrust regulators to probe if Lilly, Sanofi SA, Merck& Co Inc and Novo Nordisk A/S colluded to set...

  • The discount- designed for patients who pay full retail prices at the pharmacy, such as those who are uninsured- is being put in place for products purchased on Blink Health mobile and web platforms, effective Jan. 1. That month, two prominent U.S. lawmakers called on federal antitrust regulators to probe whether Lilly, Sanofi SA, Merck& Co Inc and Novo Nordisk A/S...

  • BOSTON, Dec 8- Dupont Chief Executive Ed Breen said on Thursday the incoming administration of U.S. While Trump was critical of other large mergers during the campaign, Breen said many U.S. Justice Department officials reviewing the merger are career employees. European Union antitrust regulators said on Nov. 9 they had received key data from the companies and...

  • SAO PAULO, Dec 8- Brazilian antitrust watchdog Cade said it has fined five international banks a combined 183.5 million reais as part of a settlement of charges they rigged the country's currency market. In July 2015, Cade accused a total of 15 banks of colluding to influence benchmark currency rates in Brazil by aligning positions and pushing transactions in a...

  • SAO PAULO, Dec 8- Brazilian antitrust watchdog Cade said it reached an agreement with five large international banks, fining them a combined 183.5 million reais for forming a cartel in offshore foreign exchange markets. The banks, which were accused of manipulating exchange rates of the Brazilian real, are Barclays Plc, Citicorp, Deutsche Bank SA, HSBC Bank Plc...

  • Dec 7- Abbott Laboratories said on Wednesday that it had moved to terminate its proposed acquisition of Alere Inc, citing a "substantial loss" in the value of the diagnostics company since they struck a deal 10 months back. Abbott filed a complaint in the Delaware Court of Chancery to kill the deal it struck with Alere in late January, worth $5.8 billion at the time.

  • AT&T, Time Warner on the Hill

    CNBC's Eamon Javers reports highlights on the hearing of the Senate Judiciary Committee with AT&T CEO Randall Stevenson and Time Warner CEO Jeff Bewkes on their proposed merger. CNBC's Julia Boorstin weighs in.

  • AT&T-Time Warner antitrust risks

    Jennifer Fritzsche, Wells Fargo Securities senior telecom analyst, and Craig Moffett, MoffettNathanson founder and senior analyst, discuss the Senate Judiciary Committee hearing on the AT&T-Time Warner merger. CNBC's Julia Boorstin weighs in.

  • Dec 7- Abbott Laboratories said on Wednesday that it had moved to terminate its proposed acquisition of Alere Inc, citing a "substantial loss" in the value of the diagnostics company since they struck a deal 10 months back. Abbott filed a complaint in the Delaware Court of Chancery to kill the deal it struck with Alere in late January, worth $5.8 billion at the time.

  • Cuban: AT&T, Time Warner currently at disadvantage

    CNBC's Eamon Javers speaks to Mark Cuban, AXS TV chairman, on the proposed merger between AT&T and Time Warner, and President-elect Donald Trump's tweets.

  • AT&T CEO: Let the DOJ use the facts

    CNBC's Eamon Javers speaks to AT&T CEO Randall Stevenson about the company's proposed merger with Time Warner.

  • NEW YORK, Dec 7- Interpublic Group of Cos, one of the world's biggest advertising companies, said on Wednesday that the U.S. Justice Department had asked one of its standalone domestic agencies for documents regarding video production practices. It disclosed the request a day after the Wall Street Journal reported that the Justice Department's Antitrust...

  • Dec 7- Abbott Laboratories said on Wednesday it had filed a complaint in the Delaware Court of Chancery to terminate its proposed acquisition of Alere Inc, citing a "substantial loss" in the value of the diagnostics company. Abbott agreed earlier this year to buy Alere for $5.8 billion, to gain access to its diagnostic tests performed at home and in doctors' offices...