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Antitrust

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  • 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.

  • 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

    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.

  • LUXEMBOURG, June 12- U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06- billion-euro fine handed down by European Union antitrust regulators five years ago for blocking rival Advanced Micro Devices.

  • DUBLIN, June 10- The European Commission will launch a formal investigation on Wednesday into Apple Inc's tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.

  • WASHINGTON, June 5- Sprint Corp and T-Mobile might have some fresh arguments to allay regulator skepticism about a merger, but the government may still be reluctant to approve shrinking the U.S. wireless market from four main players to three.

  • BRUSSELS, June 3- European Union antitrust regulators have approved an alliance planned by world No. 1 container shipping company AP Moller-Maersk and another that includes Japan's largest shipper Nippon Yusen Kaisha aimed at tackling excess capacity.

  • NEW YORK, May 30- Twelve major banks asked a U.S. judge on Friday to throw out a consolidated antitrust lawsuit accusing them of colluding to rig prices in the $5 trillion- a-day foreign exchange market, saying the plaintiff investors had failed to properly allege the existence of a conspiracy.

  • BEIJING, May 29- Johnson& Johnson, Bausch& Lomb Inc and other major producers have been fined more than 19 million yuan for fixing prices in China's eye glass and contact lens market, China's top economic regulator said on Thursday. Swiss drugmaker Roche Holding AG had also been visited by a unit of China's anti-trust regulator.