Legislation Antitrust

  • SPLS/OLP's shredded deal

    Former FTC Commissioner Julie Brill weighs in on the Federal Trade Commission stopping a deal between Office Depot and Staples for antitrust reasons as well as the state of M&A activity in the U.S.

  • Staples, Office Depot call off $6B deal

    CNBC's Eamon Javers reports antitrust concerns kills the merger between the two office supply companies.

  • Judge blocks Staples and Office Depot merger

    The combined company would have claimed nearly 70-percent of the corporate services market.

  • WASHINGTON, May 10- No. 1 office supply chain Staples and smaller rival Office Depot Inc said they terminated their planned merger on Tuesday, after a U.S. federal judge ruled to temporarily halt the deal pending a full regulatory review, citing antitrust concerns. Judge Emmet Sullivan of the U.S. District Court for the District of Columbia, in a three-page order...

  • LONDON, May 10- Liberty Global would consider buying Telefonica's O2 UK mobile network if Brussels blocks its agreed sale to CK Hutchison but said the cable group also valued the flexibility it had in its current strategy of being a virtual mobile operator. Sources familiar with the matter have said EU antitrust regulators are set to veto Hutchison's 10.3...

  • LONDON, May 10- Liberty Global said it would consider buying Telefonica's O2 in Britain if Brussels blocks Hutchison buying the mobile network, but it valued the flexibility of its current mobile strategy based on a virtual network. Sources have said EU antitrust regulators will veto CK Hutchison's 10.3 billion pound acquisition of Telefonica's O2 in...

  • JOHANNESBURG, May 10- South Africa's Competition Tribunal on Tuesday conditionally approved a merger between SABMiller and Coca-Cola to merge African soft drink operations into what would be the continent's biggest Coke drinks bottler. The Tribunal said it will provide reasons for its approval in due course. In a bid to fast-track the regulatory probe of...

  • SHANGHAI, May 7- China's price regulator plans to launch a "large-scale and systematic" anti-trust investigation soon into foreign and local drug firms, state newspaper China Daily said, citing a source close to the regulator. The planned probe comes after China's state planning agency, recently summoned U.S. pharmaceutical firm Pfizer, as well as a number of...

  • NEW YORK, May 3- Seven of the world's biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, which requires court approval, resolves antitrust claims against Bank of America Corp, Barclays Plc, Citigroup...

  • LOS ANGELES, May 3- Anti-trust concerns are preventing corporations from pursuing mergers more than other broad regulatory or economic issues, several senior investment bankers said during a panel on Tuesday at the Milken Institute's Global Conference. "It's that increasingly high bar that we're seeing from an anti-trust perspective," said Paul Stefanick,...

  • MEXICO CITY, May 2- Mexico's federal competition commission approved Aeromexico's $1.5 billion joint venture with Delta Airlines with certain conditions, Aeromexico said in a filing on Monday. One of Cofece's conditions is that eight pairs of slots in the Mexico City airport must be given up, Aeromexico said in a filing to Mexico's stock exchange.

  • No surprise Baker Hughes, Halliburton deal fell through: Buffett

    Berkshire Hathaway's Warren Buffett talks about Baker Hughes and Halliburton calling off their $28 billion merger.

  • Halliburton

    Halliburton and Baker Hughes announced the termination of their merger agreement in the face of regulatory opposition.

  • May 1- Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The contract governing Halliburton's cash-and-stock acquisition of Baker Hughes, which was valued at $34.6 billion when it was announced in...

  • May 1- Oilfied services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The contract governing Halliburton's cash-and-stock acquisition of Baker Hughes, which was valued at $34.6 billion when it was announced in...

  • May 1- Halliburton Co and Baker Hughes Inc are expected to announce the termination of their merger agreement on Monday after it faced opposition from U.S. and European antitrust regulators, a person familiar with the matter said. The contract governing Halliburton's acquisition of Baker Hughes, which was valued at $35 billion when it was announced in...

  • *Google likely to face first EU sanction in 2016- sources. BRUSSELS, April 29- Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said. Such a change of heart appears unlikely, with European Competition...

  • *Google likely to face first EU sanction in 2016- sources. BRUSSELS, April 29- Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said. Such a change of heart appears unlikely, with European Competition...

  • Getty says Google promotes piracy

    The photo agency plans to file a complaint in Brussels, claiming the search engine unfairly undermines its business.

  • Businessman toasting

    Ball Corp. said it along with rival Rexam agreed to sell some assets to Luxembourg-based packaging maker Ardagh Group for about $3.42 billion.