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Antitrust

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  • NEW YORK, April 21- The European Union's antitrust probe into Google sparked a big rally in Russian search engine Yandex NV last week, even though the "Russian Google" still faces significant challenges, competitive and otherwise. But it has lost market share as Russian consumers have adopted Android-based cell phones that come pre-loaded with Google products...

  • WASHINGTON, April 21- The U.S. Supreme Court on Tuesday ruled that a federal law governing the natural gas market does not shield energy companies from state antitrust claims made over the western U.S. energy crisis between 2000 and 2002.. The ruling, on a 7-2 vote, was a loss for several energy companies, including American Electric Power Company Inc, Dynegy Inc and...

  • April 17- Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported on Friday, citing people familiar with the matter. A spokesman for Time Warner Cable questioned the report, saying the company had been working...

  • April 17- Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported on Friday, citing people familiar with the matter. Time Warner Cable shares were trading down 5.1 percent at $150.08 on the New York Stock Exchange while...

  • April 17- Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, Bloomberg reported, citing people familiar with the matter. A review could come as soon as next week, people familiar with the matter told Bloomberg. Time Warner and Comcast did...

  • *Separate from Google antitrust investigation. BRUSSELS, April 17- Internet platforms such as Google, Microsoft and Yahoo! European Commission Vice-President Andrus Ansip is expected to formally announce the new strategy on May 6.

  • Google's EU showdown offers openings to competitors Friday, 17 Apr 2015 | 11:58 AM ET

    That appears to be the European Union's strategy to pursue Google in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software. In accusing Google of anti-competitive practices against rival shopping sites, the EU competition authority said...

  • Bank of America settles currency-rigging lawsuit Thursday, 16 Apr 2015 | 12:00 PM ET

    NEW YORK, April 16- Bank of America Corp has settled its portion of a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the foreign exchange market. Bank of America is the third bank to settle investor claims related to the $5.3 trillion- a-day currency market. Scott& Scott said Bank of America's settlement will "mirror" the earlier...

  • *Vestager insists not swayed by EU governments, Google rivals. BRUSSELS, April 16- Google boss Eric Schmidt might have missed it in the uproar over the EU's antitrust charges against the U.S. tech giant, but European Competition Commissioner Margrethe Vestager wants to congratulate him. It was a throwaway line in an hour-long press conference in Brussels as...

  • *EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. It also started another antitrust investigation into the Android mobile operating system, a key element in Google's strategy to maintain revenues from online advertising as people switch from Web browser searches to smartphone...

  • NEW YORK, April 15- The European Union launched an antitrust probe on Wednesday into Google Inc's Android system, and if recent history is any indicator, the shares of the Internet services company might have trouble until the issue is resolved. Intel Corp fell about 35 percent during an EU investigation between July 2007 and May 2009. The EU initiated three...

  • NEW YORK, April 15- The European Union on Wednesday launched an antitrust probe into Google Inc's Android system, and if recent history is any indicator, shares of the Internet giant may have trouble moving forward until the issue is resolved. Intel Corp fell about 35 percent between July 2007 and May 2009, during an EU investigation. The EU initiated three...

  • *EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. Investigations into Google's business practices in other areas would continue, with the shopping case potentially setting a precedent for concerns over Google's search products for hotels, flights and other services.

  • *EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. "If the investigation confirmed our concerns, Google would have to face the legal consequences and change the way it does business in Europe."

  • *EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. "If the investigation confirmed our concerns, Google would have to face the legal consequences and change the way it does business in Europe."

  • EU regulators to file charges against Google: Rpts Tuesday, 14 Apr 2015 | 4:49 PM ET
    Google Berlin, Germany

    EU regulators decided Tuesday that they would file charges against Google stemming from an antitrust investigation, according to reports.

  • Family Dollar's shareholders approved an $8.5 billion cash-and-stock offer from Dollar Tree Inc in January, scuppering a higher hostile offer from larger rival Dollar General Corp.. Antitrust regulators are still reviewing the deal, but the U.S. Federal Trade Commission has identified about 340 stores for Dollar Tree to divest so it can gain approval for...

  • Dollar Tree: FTC wants 340 stores sold ahead of deal Wednesday, 8 Apr 2015 | 8:48 AM ET
    A Dollar Tree store in Miami, Florida.

    Dollar Tree said the Federal Trade Commission wants about 340 stores to be divested for the $8.5 billion takeover of Family Dollar to go through.

  • David Topkins was accused of conspiring with other poster sellers to manipulate prices on Amazon.com Inc's Amazon Marketplace, a website for third-party sellers, from Sept. 2013 to Jan. 2014, according to papers filed in San Francisco federal court. The Justice Department said Topkins also agreed to pay a $20,000 criminal fine and cooperate with its probe.

  • April 3- Plaintiffs in an antitrust lawsuit against Google Inc on Friday withdrew their case accusing the search engine company of harming smartphone buyers by forcing handset makers using Android operating system to make Google's own applications the default option. The lawsuit argued that Google requires Android handset manufacturers such as Samsung...