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Antitrust

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  • 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
    The Intel logo is displayed outside of the Intel headquarters on January 16, 2014 in Santa Clara, California.

    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.

  • BRASILIA/ SAO PAULO, May 28- Brazil's antitrust watchdog Cade fined six cement makers a combined 3.1 billion reais for fixing prices for two decades and ordered the companies to dispose of many assets, in a harsh decision that the biggest one said it will challenge in courts.

  • Antitrust laws need to be redefined: Levin     Wednesday, 28 May 2014 | 7:18 AM ET

    There's no such thing as gate-keeping anymore, says Gerald Levin, former chairman & CEO of Time Warner, explaining why he supports the proposed merger of Comcast and Time Warner Cable. Blocking the merger prevents innovation, says Levin.

  • May 28- Social network Facebook has asked European Union antitrust regulators to examine its $19 billion takeover of mobile messaging service WhatsApp, a person with direct knowledge of the matter said on Wednesday.

  • The U.S. Chamber of Commerce, in a private letter sent last month to Secretary of State John Kerry and Treasury Secretary Jacob Lew, urged Washington to get tough with Beijing on its use of anti-competition rules, noting that "concerns among U.S. companies are intensifying."

  • WASHINGTON, May 22- An acquisition of U.S. cigarette-maker Lorillard Inc by Reynolds American Inc could face a bumpy road with antitrust regulators, experts said, with some predicting the deal could be blocked outright and others saying it could only go through with significant divestitures.

  • *China anti-trust watchdog visits Roche office. *China cracking down on wider pharma sector. SHANGHAI/ ZURICH, May 22- Swiss drugmaker Roche Holding AG said it had been visited by a unit of China's anti-trust regulator- a move that comes amid a widening crackdown on corruption and high prices in the country's pharmaceutical sector.

  • Drugmaker Roche says visited by authorities in China Thursday, 22 May 2014 | 3:04 AM ET

    SHANGHAI/ ZURICH, May 22- Swiss drugmaker Roche Holding AG said on Thursday it had been visited by a unit of China's anti-trust regulator, amid increasing scrutiny over business practices in the pharmaceutical sector in the country.

  • WASHINGTON, May 20- ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after recently agreeing to sell four mills to a Japanese company.

  • MILAN, May 20- Italy's competition watchdog is looking into TripAdvisor to see if the influential holiday review website takes appropriate measures to avoid publishing fake opinions. In a statement on Tuesday, the watchdog said it had received complaints about TripAdvisor from consumers as well as hotel and restaurant owners.

  • MILAN, May 20- Italy's competition watchdog is looking into TripAdvisor to see if the influential holiday review website takes appropriate measures to avoid publishing fake opinions. In a statement on Tuesday, the watchdog said it had received complaints about TripAdvisor from consumers as well as hotel and restaurant owners.

  • BRUSSELS, May 20- European Union antitrust regulators charged Europe's biggest bank HSBC, U.S. peer JPMorgan and France's Credit Agricole on Tuesday with rigging financial benchmarks linked to the euro, exposing them to potential fines.

  • MILAN, May 17- U.S. tech giants Apple, Google and Amazon and French game developer Gameloft are under investigation in Italy for alleged unfair commercial practices, the country's antitrust and competition authority said. Google and Amazon could not immediately be reached for a reaction.