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Antitrust

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  • WASHINGTON, Dec 24- The proposed merger of Sysco Corp and US Foods Inc hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said. Sysco and US Foods, the only two companies with national distribution to hospitals, restaurants and schools, have been discussing...

  • Family Dollar, the second largest U.S. discount retailer, said it adjourned the meeting as there were not enough votes to adopt the Dollar Tree agreement. Family Dollar agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all-cash bids from bigger rival Dollar General Corp, citing antitrust concerns.

  • JERUSALEM, Dec 22- Israel's antitrust authority said Monday it may revoke an arrangement permitting an Israeli and a U.S. company to develop Israel's largest natural gas field by branding them a cartel. The authority summoned representatives of Israel's Delek Group and Texas- based Noble Energy and told them it was "still considering to announce that buying...

  • MEXICO CITY, Dec 19- Mexico's telecoms regulator has opened a fresh antitrust investigation into companies offering voice, data and video services, which could affect Carlos Slim's telephone company America Movil and broadcaster Televisa. The IFT has already declared billionaire Slim's America Movil and Televisa to be dominant players in Mexico,...

  • A Family Dollar spokesman said the special shareholder meeting to vote on the Dollar Tree deal remains scheduled for Dec. 23. Family Dollar has agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all cash bids from bigger rival Dollar General Corp, citing antitrust concerns. Dollar General took its $9.1 billion...

  • BRUSSELS, Dec 18- Luxembourg acceded on Thursday to the demand of the European Commission to release data to further EU antitrust regulators' investigation into whether it allowed multinationals to pay excessively low taxes. Prime Minister Xavier Bettel said the Commission's decision to widen its focus beyond Luxembourg to the whole of Europe had...

  • SAN JOSE, Calif., Dec 18- A judge on Thursday said she would require consumers suing Google over its Android smartphone operating system to submit more factual details in order for an antitrust lawsuit to proceed, at a time when the Internet search company faces increased regulatory pressure. The lawsuit filed earlier this year says Google Inc requires Android...

  • SAN JOSE, Calif., Dec 18- Google will try to persuade a U.S. judge on Thursday to dismiss an antitrust lawsuit over its Android smartphone operating system, as the Internet search company faces increased regulatory pressure from European authorities. The hearing in San Jose, California, federal court is over the lawsuit filed by two smartphone consumers who say...

  • MEXICO CITY, Dec 16- Mexico's telecommunications regulator IFT has approved a plan from dominant broadcaster Televisa that lays out how the company will share infrastructure with competitors in order to avoid stiff penalties tied to its share of controlling more than half the market, the watchdog said on Tuesday. The plan is part of a process that Televisa, the...

  • Closing arguments conclude in Apple antitrust trial Monday, 15 Dec 2014 | 8:17 PM ET
    Apple Inc.

    Attorneys for plaintiffs and Apple made closing arguments on Monday, and the jury has begun deliberations in the Apple iPod antitrust case.

  • BRUSSELS, Dec 15- European Union antitrust regulators on Monday approved the proposed merger of France's Lafarge and Swiss peer Holcim to create the world's biggest cement maker after they promised to sell a swathe of overlapping assets. Holcim and Lafarge said the package, with the exception of a minor change in France, was about the same as that announced in...

  • Dec 5- A Massachusetts jury has found that an agreement between AstraZeneca Plc and Ranbaxy Laboratories Ltd to delay the launch of a generic version of AstraZeneca's heartburn drug Nexium was not anticompetitive. AstraZeneca and an attorney for Ranbaxy released statements saying they were pleased with the verdict. The lawsuit, which began in 2012,...

  • FRANKFURT, Dec 5- Pressure from competition regulators could prompt Liberty Global to abandon Germany if it can no longer pursue its growth ambitions in Europe's biggest cable market, sources have told Reuters. The case has provided further evidence to Liberty- Europe's biggest cable group- that it will not be allowed to expand through acquisitions in Germany,...

  • Apple suit in question   Friday, 5 Dec 2014 | 11:11 AM ET
    Apple suit in question

    Apple's fight against antitrust allegations is now in jeopardy. Details, with CNBC's Josh Lipton.

  • Apple top execs take stand   Thursday, 4 Dec 2014 | 11:15 AM ET
    Apple top execs take stand

    CNBC's Josh Lipton discusses the charges levied against Apple as their antitrust trial enters its third day.

  • Apple takes the stand   Wednesday, 3 Dec 2014 | 11:20 AM ET
    Apple takes the stand

    Apple is fighting allegations that it violated antitrust laws, reports CNBC's Josh Lipton.

  • OAKLAND, Calif., Dec 2- The late Steve Jobs, co-founder of Apple Inc, led the company to violate antitrust laws by restricting music purchases for iPod users to Apple's iTunes digital store and not rival services as well, an attorney for consumers suing Apple said in court. Plaintiff attorney Bonny Sweeney showed the court emails from top Apple executives,...

  • Apple fighting monopoly allegations   Tuesday, 2 Dec 2014 | 11:17 AM ET
    Apple fighting monopoly allegations

    Apple will have to fend off allegations it violated antitrust rules between 2006 and 2009, reports CNBC's Josh Lipton.

  • Google break-up a possibility: Lawmaker   Thursday, 27 Nov 2014 | 2:30 AM ET
    Google break-up a possibility: Lawmaker

    Spanish member of European Parliament Ramon Tremosa i Balcells, says that a break-up of Google's search engine operations from its commercial business is a possibility if the search giant does not offer a remedy to the antitrust case bought against it.

  • What's Europe's problem with Google?   Thursday, 27 Nov 2014 | 2:30 AM ET
    What's Europe's problem with Google?

    Cyrus Mewawalla, managing director at CM Research, says the European Union's complaints against Google are not about antitrust, but about the search giant's "behavior" in the region.