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Legislation Antitrust

  • WASHINGTON, Nov 4- The U.S. Transportation Department said Friday it has tentatively granted antitrust immunity for a proposed alliance between Delta Air Lines Inc and Grupo Aeromexico SAB de CV, requiring the carriers to divest some slots in New York and Mexico City. The airlines plan to operate a joint venture between the U.S. and Mexico. The U.S. Transportation...

  • TRANSPORTATION DEPT TENTATIVELY GRANTS APPROVAL FOR ANTITRUST IMMUNITY FOR PROPOSED ALLIANCE BETWEEN DELTA AIR LINES AND AEROMEXICO- RELEASE.

  • MILAN, Nov 4 (Reuters)- European shares fell on Friday, weighed down by weaker drugmakers after two U.S. lawmakers called on federal antitrust regulators to open a probe for possible price fixing. Top faller was Hikma, down 7 percent after HSBC cut its price target citing broader market concerns over a separate U.S. Department of Justice investigation into price...

  • BRUSSELS, Nov 3- Google on Thursday formally rejected European Union antitrust charges of unfairly promoting its shopping service and blocking rivals in online search advertising, paving the way for EU regulators to rule next year on these issues and potentially impose hefty fines. The U.S. technology giant's rebuttal in the shopping case came six years...

  • BRUSSELS, Nov 3- Google on Thursday formally rejected European Union antitrust charges of unfairly promoting its shopping service and blocking rivals in online search advertising, paving the way for EU regulators to rule next year on these issues and potentially impose hefty fines. The U.S. technology giant's rebuttal in the shopping case came six years...

  • BRUSSELS, Oct 28- The European Union has lifted a cap on Gazprom's use of the Opal pipeline in Germany which takes gas from its Nord Stream Baltic Sea pipeline to end-users in Germany and the Czech Republic, opening the way for Russia to expand Nord Stream's capacity and bypass Ukraine as a gas transit route. Together with a separate move to settle an antitrust case...

  • ROME, Oct 28- Italy's antitrust watchdog said on Friday it had opened a probe into whether messaging service WhatsApp obliged users to agree to sharing personal data with its parent company Facebook and imposed "unfair" conditions on users. WhatsApp said in August it would start sharing phone numbers with the social network, prompting European regulators to...

  • Sen. Richard Blumenthal, D-Conn.

    The AT&T-Time Warner merger raises questions of whether a deal this big will benefit consumers, Sen. Richard Blumenthal said.

  • *Sales up 3.7 pct to $12.48 bln vs est $11.96 bln. *Adjusted EPS profit $0.91 vs est. The $130 billion Dow-DuPont merger is being probed by regulators around the world, with EU antitrust officials expected to decide by Feb. 6 whether to approve it.

  • Sen. Blumenthal: Magnitude of ATT-TWX deal 'very different'

    Discussing the regulatory hurdles for the AT&T-Time Warner merger with Sen. Richard Blumenthal (D-Conn.), former Connecticut Attorney General.

  • BRUSSELS Oct 26- Gazprom is finalising a deal with European Union regulators to end a five-year antitrust case and avoid fines, signaling a thaw in business relations between Moscow and Brussels despite tensions over Ukraine and Syria. The Russian state gas exporter, which supplies a third of the EU's gas, has been on the European Commission's radar since 2012,...

  • BEIJING/ ZURICH, Oct 25- State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its $43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Bayer and Monsanto have not formally requested EU approval but the European Commission has to...

  • *Profit from cont ops 34 cents vs est. The $130- billion merger of Dow Chemical and DuPont is being scrutinized by regulators world over, with EU antitrust officials expected to decide the deal by Feb. 6. The company, which is looking to cut $1 billion of costs by the end of this year on a run-rate basis, said operating costs declined by $235 million in the three months...

  • Is AT&T-Time Warner deal a competitive threat?

    Christine Varney, former Assistant Attorney General, head of DOJ Antitrust division and former FTC Commissioner, discusses the antitrust and anti-competition worries surrounding the AT&T-Time Warner merger.

  • Baker Hughes, which in May abandoned a merger with closest rival Halliburton Co due to opposition from antitrust regulators, said total costs and expenses fell 31.2 percent in the third quarter ended Sept. 30. Net loss attributable to Baker Hughes widened to $429 million, or $1 per share, in the third quarter ended Sept. 30 from $159 million, or 36 cents per share, a...

  • BEIJING/ ZURICH, Oct 25- State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its $43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Bayer and Monsanto have not formally requested EU approval but the European Commission has to...

  • BEIJING, Oct 25- Chinese state-owned chemicals company ChemChina is ready to offer more concessions to win European Union anti-trust approval for its $43 billion bid for Swiss pesticide and seed group Syngenta AG, a source with direct knowledge of the process said. Shares in Syngenta dived more than 9 percent on Monday after a European Commission spokesman...

  • Will regulators approve a ATT-TWC merger?

    Christopher Sagers, Cleveland State University law professor, discusses the possible antitrust complications of the AT&T-Time Warner merger.

  • The AT&T-Time Warner deal works in theory, but investment expert Ivan Feinseth is not so confident it will work in practice.

  • CHAIRMAN AND RANKING MEMBER OF U.S. SENATE JUDICIARY SUBCOMMITTEE ON ANTITRUST SAY COMMITTEE WILL "CAREFULLY EXAMINE" ANTITRUST ISSUES RAISED BY TIME WARNER AND AT&T MERGER.