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...» Read More
BEIJING, Sept 16- A signboard at the top of a staircase in the ageing Beijing offices of the National Development and Reform Commission directs lawyers and company officials to numbered conference rooms for antitrust meetings.
Treasury Secretary Jack Lew has written to the Chinese government warning that a recent spate of antitrust investigations against foreign companies could have serious implications for U.S.- China relations, the Wall Street Journal reported on Sunday.
BRUSSELS, Sept 11- European Union antitrust regulators approved on Thursday British broadcaster BSkyB's planned $9 billion takeover of Rupert Murdoch's pay-TV companies in Germany and Italy, which will make it the biggest pay-TV provider in Europe. The merged company will have operations in Britain, Ireland, Germany, Austria and Italy.
BEIJING, Sept 11- China's three anti-monopoly regulators on Thursday launched a vigorous defence of their recent investigations into foreign companies, which have prompted mounting international criticism, and said they are not targeting multinational firms.
Xu also said that the NDRC's investigation of U.S. chipmaker Qualcomm Inc was "basically done" and that Qualcomm President Derek Aberle would meet with the regulator on Friday. On Wednesday, U.S. Federal Trade Commission Chairwoman Edith Ramirez spoke publicly about reports of China's enforcement of its anti-trust law and its investigation of Qualcomm.
Workers in a southern Chinese plant downed tools after Beijing's anti-graft campaign deprived them of free mooncakes. The Financial Times reports.
BEIJING, Sept 9- China's tough competition policy is souring the mood for foreign investment, a European business lobby said on Tuesday, in the latest report to criticise Chinese regulators over a series of contentious investigations into international firms.
BEIJING, Sept 9- China's tough competition policy is souring the mood for foreign investment, a European business lobby said on Tuesday, in the latest report to criticize Chinese regulators over a series of contentious investigations into international firms.
Sept 5- Family Dollar Stores Inc rejected Dollar General Corp's sweetened takeover bid, saying the offer still did not address antitrust concerns, raising the prospect that the No. 1 U.S. deep discount chain will go "hostile" with its offer.
Sept 5- Family Dollar Stores Inc rejected Dollar General Corp's $9.1 billion sweetened takeover offer, saying the offer did not address antitrust concerns and was unlikely to be approved.
NEW YORK, Sept 5- Dollar General Corp's sweetened $9.1 billion proposal to buy Family Dollar Stores Inc may fall short of allaying its smaller rival's fears U.S. antitrust regulators will block the deal, according to two sources familiar with the matter.
NEW YORK, Sept 4- A Manhattan federal judge said on Thursday that investors may pursue a lawsuit accusing 12 major banks of violating antitrust law by fixing prices and restraining competition in the roughly $21 trillion market for credit default swaps.
NEW YORK, Sept 4- A Manhattan federal judge on Thursday narrowed but refused to dismiss a lawsuit accusing 12 major banks of fixing prices and restraining competition in the multitrillion-dollar market for credit default swaps, violating U.S. antitrust law.
*Google case started with EU investigation in late 2010. *Deal will only escalate market abuse, Google rival says. BRUSSELS, Sept 4- Google's antitrust deal with EU regulators was criticised by Microsoft and other competitors in a last-ditch attempt to influence European Competition Commissioner Joaquin Almunia before he leaves office at the end of October.
*Google case started with EU investigation in late 2010. BRUSSELS, Sept 4- Microsoft and publishers across Europe attacked Google's antitrust deal with EU regulators, calling it a "catastrophic" proposal that would serve only to entrench its dominance of the online search market.
Foreign companies in China appear to be pushing back against increased scrutiny from Chinese government anti-trust enforcers. The New York Times reports.
SHANGHAI, Sept 4- A Chinese anti-monopoly team visited medical devices and semi-conductor firms in Shanghai at the start of September, the country's Ministry of Commerce said in a statement on Thursday, without making clear the purpose of the visit.
BEIJING, Sept 3- Companies facing antitrust investigations in China are subject to a host of pressure tactics from regulators, a business lobby said on Wednesday, in the latest report to cite due process concerns over China's anti-monopoly enforcement.
BEIJING, Sept 3- Companies facing antitrust probes in China are subject to a host of pressure tactics from regulators, a business lobby said on Wednesday, in the latest report to cite due process concerns over China's anti-monopoly enforcement.
The American Chamber of Commerce in China is the latest business lobby to air its grievances over a series of investigations scrutinizing at least 30 foreign firms, as China seeks to enforce a 2008 anti-monopoly law.