PARIS, July 27- Alstom is to accept 300 million euros less than previously agreed for its power turbines unit from General Electric as a contribution to the U.S.-based buyer's efforts to win antitrust clearance in Europe. The last-minute 2.4 percent discount to the previously agreed 12.35 billion euro deal is the latest in a series of knocks Alstom...» Read More
BEIJING, Feb 9- Qualcomm Inc is likely to pay China a record fine of around $1 billion, ending a 14- month government investigation into anti-competitive practices, after the U.S. chipmaker and the regulator made significant progress during talks last week. The deal, which may also see Qualcomm lower its royalty rates by around a third on patents used in China,...
Feb 4- Staples Inc and Office Depot should find the second time is a charm as the top two U.S. office supply chains once again test the views of antitrust regulators in the rapidly changing retail landscape, experts said on Wednesday. Staples, the No. 1 U.S. office supplies retailer, and No. 2 Office Depot Inc announced on Wednesday a $6.3 billion plan to join forces to...
Staples is agreeing to acquire Office Depot for $6.3 billion in a cash and stock deal. Staples co-founder and former Chairman and CEO Tom Stemberg, discusses the likelihood of antitrust scrutiny for the deal.
Feb 4- Staples Inc, the No. 1 U.S. office supplies retailer, agreed to buy No. 2 Office Depot Inc in a $6.3 billion deal designed to help it better compete against Wal-Mart Stores Inc and online rivals such as Amazon.com Inc.. The deal, which will likely come under close scrutiny from antitrust regulators, values Office Depot at $11.00 per share, based on Staples' closing...
Feb 3- Discount store chain Dollar Tree Inc said it may have to divest more than the 300 stores it had expected, to buy Family Dollar Stores Inc, as U.S. antitrust regulators were reviewing more than 500 of its stores. The U.S. Federal Trade Commission may identify more stores for review in the future and the number of stores Dollar Tree may have to shed could increase,...
Feb 2- Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns. Sysco's $3.5 billion offer for US Foods is awaiting approval from the Federal Trade Commission as the deal would combine the two largest U.S. food distributors. Sysco and US Foods are the only...
Feb 2- Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns. The centers generated $4.6 billion in revenue in US Foods' most recent fiscal year, Sysco said on Monday. Sysco announced its agreement to buy US Foods for $3.5 billion in December 2013.
NEW YORK, Jan 31- JPMorgan Chase& Co, the largest U.S. bank, agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. Made public on Friday night, the settlement is the first in the nationwide litigation and resolved claims over JPMorgan's...
Attorneys for plaintiffs and Apple made closing arguments on Monday, and the jury has begun deliberations in the Apple iPod antitrust case.
Apple's fight against antitrust allegations is now in jeopardy. Details, with CNBC's Josh Lipton.
CNBC's Josh Lipton discusses the charges levied against Apple as their antitrust trial enters its third day.
Apple is fighting allegations that it violated antitrust laws, reports CNBC's Josh Lipton.
Apple will have to fend off allegations it violated antitrust rules between 2006 and 2009, reports CNBC's Josh Lipton.
Speaking ahead of a key vote on Google in the European Parliament, Spanish MEP Ramon Tremosa i Balcells, says the U.S. search giant has become a "monopoly" in Europe and is stifling the competition.
Spanish member of European Parliament Ramon Tremosa i Balcells, says that a break-up of Google's search engine operations from its commercial business is a possibility if the search giant does not offer a remedy to the antitrust case bought against it.
Cyrus Mewawalla, managing director at CM Research, says the European Union's complaints against Google are not about antitrust, but about the search giant's "behavior" in the region.
Jörg Wuttke, President of the European Union Chamber of Commerce in China, explains the concerns of European businesses regarding Chinese anti-trust probes.
A new free trade agreement may give companies from South Korea a serious leg up—in China.
Dollar General may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar.
Kurt Hallead, RBC Capital Markets, discusses the proposed $67 billion merger between oil behemoths Halliburton and Baker Hughes and the possible antitrust issues it's likely to run into as oil prices head lower.