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Antitrust

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  • France investigating package delivery companies Wednesday, 16 Jul 2014 | 6:56 AM ET

    U.S.-based FedEx Corp., TNT Express NV from the Netherlands and Britain's Royal Mail PLC are all under investigation for unidentified malpractices. FedEx, TNT Express and Royal Mail said in statements they could suffer "material" losses after receiving a notice from the French authority alleging breaches of anti-trust rules.

  • German sausage makers fined $460M for price-fixing Tuesday, 15 Jul 2014 | 5:05 AM ET

    BERLIN— Germany's antitrust authority has imposed fines totaling 338 million euros on 21 sausage manufacturers for colluding on prices. The companies punished included Nestle subsidiary Herta, as well as Meica, Boeklunder and Wiesenhof.

  • WASHINGTON, July 14- U.S. cigarette maker Reynolds American Inc, in talks to buy rival Lorillard Inc, may have a hard time convincing regulators to approve the deal because of their big shares in the traditional cigarette and fast-growing electronic cigarette markets.

  • July 11- Walt Disney Co, Discovery Communications Inc and CBS Corp are being asked for information by U.S. antitrust officials probing Comcast Corp's proposed takeover of Time Warner Cable Inc, Bloomberg reported on Friday.

  • *EU regulators cleared German part of Cemex, Holcim deal early this month. BRUSSELS, July 11- Europe's antitrust regulator has objected to Cemex's plan to acquire Holcim's Spanish units, a person familiar with the matter said on Friday, denting the Mexican cement producer's hopes of getting EU approval without concessions.

  • July 11- Nordion Inc, a Canadian supplier of medical isotopes, said it had cleared a U.S. antitrust hurdle, paving the way for the company to be acquired by Sterigenics. The U.S. Federal Trade Commission terminated the waiting period for the acquisition under the Hart-Scott-Rodino Antitrust Improvements Act, Nordion said in a statement.

  • *Reynolds, Lorillard not available to comment. LONDON, July 11- U.S cigarette makers Reynolds American Inc and Lorillard Inc are in talks on a possible multi-billion dollar disposal to Britain's Imperial Tobacco Group Plc, as part of efforts to ease antitrust concerns over their planned merger.

  • *France's Servier, Israel's Teva among those fined. BRUSSELS, July 9- European Union antitrust regulators fined French drugmaker Servier, Israel's Teva and four others a total of 428 million euros on Wednesday, as they crack down on deals which block cheaper generic medicine.

  • *France's Servier, Israel's Teva among those fined. BRUSSELS, July 9- European Union antitrust regulators fined French drugmaker Servier, Israel's Teva and four others a total of 428 million euros on Wednesday for blocking cheaper generic medicine.

  • "There's reason to think that the level of fines imposed on miscreants is not as high as it ought to be, given the harm that is done," said Bert Foer, president of the American Antitrust Institute, a group in Washington, D.C., that favors aggressive enforcement of competition laws. The institute asked the Sentencing Commission to reexamine fines a year ago.

  • NEW YORK, July 3- American Express Co is set to face off against the U.S. government and 17 states in a trial that begins on Monday over claims that it stifles competition from credit card providers that charge lower processing fees.

  • U.S. Supreme Court to hear Libor antitrust appeal Monday, 30 Jun 2014 | 1:03 PM ET

    -The U.S. Supreme Court said on Monday it would hear an appeal by investors whose antitrust claims over the manipulation of the global benchmark interest rate known as Libor were dismissed last year.

  • LONDON, June 30- Europe's antitrust chief said on Monday he could investigate Google's YouTube if he saw any attempt by the company to abuse its dominant position in online video searching.

  • German publishers seek Amazon inquiry Wednesday, 25 Jun 2014 | 11:25 AM ET
    The logistics center of internet retail giant Amazon in Bad Hersfeld, central Germany.

    German book publishers filed a complaint against Amazon with the country's antitrust authority the company delayed shipments. The NYT reports.

  • Philips, Infineon, Samsung face EU antitrust fines soon Tuesday, 24 Jun 2014 | 10:38 AM ET

    BRUSSELS, June 24- EU regulators are poised to fine Philips, Samsung Electronics and Infineon Technologies in the coming weeks for fixing prices of chips used in mobile SIM cards, two people familiar with the case said on Tuesday. The case started with dawn raids on the companies by the European Commission in October 2008.

  • NEW YORK, June 20- A federal judge on Friday rejected Viacom Inc's effort to dismiss Cablevision Systems Corp's antitrust lawsuit accusing it of forcing cable providers and subscribers to buy channels they don't want.

  • NEW YORK, June 20- A federal judge on Friday rejected Viacom Inc's effort to dismiss Cablevision Systems Corp's antitrust lawsuit accusing it of forcing cable providers and subscribers to buy channels they don't want.

  • *European Commission declines to comment. BRUSSELS, June 19- EU antitrust regulators are set to fine French drugmaker Servier, Israel's Teva and several of their peers next month for blocking cheaper generic medicine, two people with knowledge of the matter said on Thursday.

  • U.S. Senate panel to examine AT&T plan to buy DirectTV Thursday, 12 Jun 2014 | 3:06 PM ET

    WASHINGTON, June 12- The U.S. Senate Judiciary Committee's antitrust panel will hold a hearing on June 24 to examine the proposed purchase by AT&T of DirectTV, the committee said on Thursday. AT&T, the No. 2 U.S. cellular operator, said in May it planned to buy the largest U.S. satellite TV provider for $48.5 billion.

  • Intel loses court challenge against record fine Thursday, 12 Jun 2014 | 4:59 AM ET
    The Intel logo is displayed outside of the Intel headquarters on January 16, 2014 in Santa Clara, California.

    U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06-billion-euro ($1.44 billion) fine handed down by the European Union.