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Antitrust

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  • Family Dollar delays vote on Dollar Tree deal Tuesday, 23 Dec 2014 | 10:59 AM ET

    MATTHEWS, N.C.— Family Dollar says it has delayed a shareholder vote on its proposed acquisition by Dollar Tree until Jan. 22. Family Dollar Stores Inc. has been courting multiple buyout offers. The judge determined that Family Dollar's board acted reasonably in not negotiating with Dollar General, because of antitrust risks and uncertainty that regulators...

  • Israel challenges natural gas developers over monopoly Tuesday, 23 Dec 2014 | 6:18 AM ET

    JERUSALEM— Israel's antitrust authority said Tuesday it will challenge the ownership structure of the country's natural gas resources, a decision that could rattle an increasingly important industry. A conglomerate of companies including Texas- based Noble Energy and Israel's Delek Group has been developing Israel's offshore natural gas deposits,...

  • JERUSALEM, Dec 22- Israel's antitrust authority said Monday it may revoke an arrangement permitting an Israeli and a U.S. company to develop Israel's largest natural gas field by branding them a cartel. The authority summoned representatives of Israel's Delek Group and Texas- based Noble Energy and told them it was "still considering to announce that buying...

  • TripAdvisor fined $600,000 by Italian anti-trust Monday, 22 Dec 2014 | 1:02 PM ET

    MILAN— Italy's antitrust authority has fined travel planning website TripAdvisor 500,000 euros following complaints of improper business practices lodged by a national hoteliers' association and a consumer protection agency. The antitrust authority said in a statement Monday that TripAdvisor had failed to adopt controls to prevent false reviews,...

  • MEXICO CITY, Dec 19- Mexico's telecoms regulator has opened a fresh antitrust investigation into companies offering voice, data and video services, which could affect Carlos Slim's telephone company America Movil and broadcaster Televisa. The IFT has already declared billionaire Slim's America Movil and Televisa to be dominant players in Mexico,...

  • A Family Dollar spokesman said the special shareholder meeting to vote on the Dollar Tree deal remains scheduled for Dec. 23. Family Dollar has agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all cash bids from bigger rival Dollar General Corp, citing antitrust concerns. Dollar General took its $9.1 billion...

  • BRUSSELS, Dec 18- Luxembourg acceded on Thursday to the demand of the European Commission to release data to further EU antitrust regulators' investigation into whether it allowed multinationals to pay excessively low taxes. Prime Minister Xavier Bettel said the Commission's decision to widen its focus beyond Luxembourg to the whole of Europe had...

  • SAN JOSE, Calif., Dec 18- A judge on Thursday said she would require consumers suing Google over its Android smartphone operating system to submit more factual details in order for an antitrust lawsuit to proceed, at a time when the Internet search company faces increased regulatory pressure. The lawsuit filed earlier this year says Google Inc requires Android...

  • SAN JOSE, Calif., Dec 18- Google will try to persuade a U.S. judge on Thursday to dismiss an antitrust lawsuit over its Android smartphone operating system, as the Internet search company faces increased regulatory pressure from European authorities. The hearing in San Jose, California, federal court is over the lawsuit filed by two smartphone consumers who say...

  • MEXICO CITY, Dec 16- Mexico's telecommunications regulator IFT has approved a plan from dominant broadcaster Televisa that lays out how the company will share infrastructure with competitors in order to avoid stiff penalties tied to its share of controlling more than half the market, the watchdog said on Tuesday. The plan is part of a process that Televisa, the...

  • Closing arguments conclude in Apple antitrust trial Monday, 15 Dec 2014 | 8:17 PM ET
    The Apple flagship store on 5th Avenue in New York.

    Attorneys for plaintiffs and Apple made closing arguments on Monday, and the jury has begun deliberations in the Apple iPod antitrust case.

  • BRUSSELS, Dec 15- European Union antitrust regulators on Monday approved the proposed merger of France's Lafarge and Swiss peer Holcim to create the world's biggest cement maker after they promised to sell a swathe of overlapping assets. Holcim and Lafarge said the package, with the exception of a minor change in France, was about the same as that announced in...

  • Dec 5- A Massachusetts jury has found that an agreement between AstraZeneca Plc and Ranbaxy Laboratories Ltd to delay the launch of a generic version of AstraZeneca's heartburn drug Nexium was not anticompetitive. AstraZeneca and an attorney for Ranbaxy released statements saying they were pleased with the verdict. The lawsuit, which began in 2012,...

  • FRANKFURT, Dec 5- Pressure from competition regulators could prompt Liberty Global to abandon Germany if it can no longer pursue its growth ambitions in Europe's biggest cable market, sources have told Reuters. The case has provided further evidence to Liberty- Europe's biggest cable group- that it will not be allowed to expand through acquisitions in Germany,...

  • Apple suit in question  Friday, 5 Dec 2014 | 11:11 AM ET

    Apple's fight against antitrust allegations is now in jeopardy. Details, with CNBC's Josh Lipton.

  • Apple top execs take stand  Thursday, 4 Dec 2014 | 11:15 AM ET

    CNBC's Josh Lipton discusses the charges levied against Apple as their antitrust trial enters its third day.

  • Apple takes the stand  Wednesday, 3 Dec 2014 | 11:20 AM ET

    Apple is fighting allegations that it violated antitrust laws, reports CNBC's Josh Lipton.

  • OAKLAND, Calif., Dec 2- The late Steve Jobs, co-founder of Apple Inc, led the company to violate antitrust laws by restricting music purchases for iPod users to Apple's iTunes digital store and not rival services as well, an attorney for consumers suing Apple said in court. Plaintiff attorney Bonny Sweeney showed the court emails from top Apple executives,...

  • Apple fighting monopoly allegations  Tuesday, 2 Dec 2014 | 11:17 AM ET

    Apple will have to fend off allegations it violated antitrust rules between 2006 and 2009, reports CNBC's Josh Lipton.

  • *Latest setback for Google already mired in privacy, other issues. BRUSSELS, Nov 27- European Union lawmakers overwhelmingly backed a motion on Thursday urging anti-trust regulators to break up Google, the latest setback for the world's most popular Internet search engine. Google has been in the EU's regulatory sights since 2010, and is also grappling with...