Antitrust
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LONDON, April 19- Britain's antitrust watchdog said on Friday that GlaxoSmithKline and three generic drug companies had undermined competition by striking deals that paid the generic firms not to launch cheap copies of the antidepressant paroxetine.
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WASHINGTON, April 18- Three women lawyers at the U.S. Justice Department's antitrust division are on the short list to fill a Democratic vacancy on the Federal Trade Commission, according to sources knowledgeable about the process.
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*Settlement would mean no fine for Google. For EU antitrust chief Joaquin Almunia, the answer in the case of Google Inc was clear. Google formally submitted its concessions to the European Commission last week, aiming to end the 30- month long case.
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LONDON, April 16- China's antitrust authorities removed the last obstacle to Glencore's $30 billion takeover of miner Xstrata on Tuesday after the commodities trader agreed to sell a $5.2 billion mining project to ease its grip on copper.
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LONDON, April 16- China's antitrust authorities removed the last obstacle to Glencore's $30 billion takeover of miner Xstrata on Tuesday after the commodities trader agreed to sell a $5.2 billion mining project to ease its grip on copper.
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BRUSSELS, April 15- Google's rivals could get the chance to ramp up pressure for tougher concessions from the search giant when they are asked, possibly as early as this week, to study its proposals for ending an EU antitrust investigation. Google spokesman Al Verney said the company continued to work cooperatively with the EU antitrust watchdog.
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LONDON, April 14- Commodities group Glencore could be forced to sacrifice a slice of copper production in order to secure a green light from China this week for its planned $32 billion takeover of miner Xstrata.
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BRUSSELS, April 11- Google has formally submitted a package of concessions to European Union competition regulators in a strong signal that the world's No. 1 search engine may be able to settle a two-year antitrust investigation without a fine.
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Circuit Judge Carlos Bea wrote for a three-judge panel that Congress did not intend to give the Federal Energy Regulatory Commission broad power to displace the claims, citing lawmakers' "deliberate efforts to preserve traditional areas of state regulation of the natural gas industry."
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BRUSSELS, April 9- Companies including Microsoft and Nokia have stepped up pressure on EU antitrust regulators to take action against Google, accusing it of blocking competition in mobile telephony.
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BRUSSELS, March 26- The International Swaps and Derivatives Association may have acted with investment banks to block exchanges from entering the credit derivatives market, EU antitrust regulators said as they expanded their investigation into the sector.
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BRUSSELS, March 26- EU antitrust regulators expanded their nearly two-year long investigation into the credit default swaps market on Tuesday to include industry body International Swaps and Derivatives Association.
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*Google in settlement talks with EU regulators to avert sanction. BRUSSELS, March 21- Rivals of Google on Thursday urged EU antitrust regulators to get tougher with the world's top search engine and sanction it for allegedly abusing its market dominance.
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Apple CEO Tim Cook must testify in a federal antitrust lawsuit that alleges price-fixing by Apple and e-book publishers, a judge ruled Wednesday.
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March 13- Online travel agency Priceline.com' s $1.8 billion deal to acquire smaller rival Kayak Software Corp, which was expected to close this month, will be delayed due to a prolonged review by UK antitrust regulators. Ascendiant Capital Markets analyst Edward Woo said the delay could be because of the OFT's 2012 investigation of online travel agencies.
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WASHINGTON, March 8- Tempur-Pedic International Inc, the Kentucky company which pioneered pricey space-age mattresses, has won approval from antitrust regulators to buy century-old Sealy Corp, the company said on Friday. Tempur-Pedic put the total value of the transaction- stock purchases and acquired debt- at $1.3 billion.
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*Fine raises total EU penalties against Microsoft to 2.2 bln euros. *Microsoft says takes full responsibility for lapse. BRUSSELS, March 6- The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.
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March 6- The European Commission imposed a 561 million euro fine on Microsoft on Wednesday for breaking a pledge to offer European consumers a choice of web browsers. Here are some key events in Microsoft's relationship with EU antitrust regulators:.
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*Fine raises total EU penalties against Microsoft to 2.2 bln euros. *Microsoft says takes full responsibility for lapse. BRUSSELS, March 6- The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer users a choice of web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.
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*Fine raises total EU penalties against Microsoft to 2.16 bln euros. BRUSSELS, March 6- The European Union fined Microsoft Corp 561 million euros on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in antitrust disputes with the EU.