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Legislation Antitrust

  • 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...

  • Bewkes: Deal would not give us financial leverage

    In a hearing of the Senate Judiciary Committee on the AT&T-Time Warner merger, Time Warner CEO Jeff Bewkes answers questions about leverage and incentives from the deal.

  • Cuban: AT&T-Time Warner merger is needed by consumers

    In a hearing of the Senate Judiciary Committee on the AT&T-Time Warner merger, Mark Cuban, AXS TV chairman, speaks about the changing face of media and content.

  • Dec 7- Advertising company Interpublic Group of Cos said on Wednesday that one of its standalone domestic agencies had been contacted by the Department of Justice's antitrust division for documents regarding video production practices. DoJ is examining whether ad companies rigged bids to favor in-house production units, the Wall Street Journal reported...

  • AT&T and Time Warner CEOs arrive on Capitol Hill

    CNBC's Eamon Javers speaks with AT&T CEO Randall Stevenson and Time Warner Jeff Bewkes as they arrive for a hearing in front of the Senate Judiciary Committee.

  • Sen. Lee: Looking at whether AT&T-Time Warner merger will impact consumers

    Sen. Mike Lee (R-Utah) talks about today's hearing aimed at investigating the planned $85 billion merger between AT&T and Time Warner, and shares his thoughts on net neutrality.

  • EU clears Microsoft buy of LinkedIn with conditions

    CNBC's John Lipton reports that EU antitrust regulators have cleared the way for Microsoft to buy LinkedIn.

  • Dec 2- A federal appeals court on Friday threw out an antitrust verdict that ordered medical device maker Becton Dickinson and Co to pay rival Retractable Technologies Inc $340 million in damages over its marketing of safety syringes. The 5th U.S. Circuit Court of Appeals in New Orleans called Retractable's claim that Becton violated the Sherman Act by trying...

  • SYDNEY, Nov 29- Australia's antitrust regulator said on Tuesday it is likely to deny four local banks permission to collectively bargain with Apple Inc in relation to its mobile digital payments system. But the preliminary decision was "finely balanced" and could be reversed if the banks make a convincing case before a final opinion is due in March, Australian...