Do you remember that very strong European Competition czar who battled Microsoft and Intel, accusing them of anti-competitive behavior? The question now is: will she be strong enough to battle Germany’s Angela Merkel?
Microsoft and the Justice Department agreed to extend some portions of federal antitrust oversight for 18 months, according to court papers filed Thursday.
Connecticut's Attorney General Richard Blumenthal tells Bloomberg he's investigating a possible conflict of interest involving Warren Buffett's Berkshire Hathaway. Berkshire owns a big stake in the credit rating agency Moody's, which recently gave Berkshire's new bond insurer its highest rating, a triple-A.
Canada's Thomson won European regulatory approval Tuesday to buy news and information provider Reuters Group but must sell off financial research units to eliminate antitrust concerns, the European Commission said.
Singapore's state investment firm Temasek Holdings said on Wednesday that it would defend itself against the findings by Indonesia's anti-trust body KPPU that it had violated the country's anti-monopoly laws.
Intel Corp. plans to respond quickly to a U.S. Federal Trade Commission request for more information on a plan to merge its flash memory chip business with that of Switzerland's STMicroelectronics NV.
Intel slashed prices below cost and gave huge rebates in an illegal attempt to drive its smaller competitor out of the market, the European Union said on Friday in charges against the world's largest chipmaker.