Legislation Antitrust

  • RIO DE JANEIRO, Dec 12- Brazil's antitrust authority Cade has recommended that a court convict 16 companies and 52 individuals over allegations they were involved in forming a cartel to fix bids for public train contracts across the central and southern parts of the country. The antitrust authority said the scheme included bids for metro and commuter trains...

  • BRUSSELS, Dec 10- EU regulators looked into Apple's mobile payment service and found it was not market dominant but they could review it again if they receive formal complaints, Europe's antitrust chief said on Monday. Apple's mobile payment service Apple Pay, launched in October 2014, is available in 10 EU countries including France, Italy, Spain, Sweden and...

  • VIENNA, Dec 10- Austrian retailers have filed a complaint against Amazon with their national competition authority over the U.S. e-commerce giant's dual role as a retailer and a marketplace. The European Commission and Germany's antitrust authority are also looking into Amazon's role in the market. We are examining it, "a spokeswoman for Austria's Federal...

  • The European Commission and Germany's antitrust authority are also looking into Amazon's role in the market. We are examining it, "a spokeswoman for Austria's Federal Competition Authority said on Monday, confirming a statement by the Austrian Retail Association. The main grounds for the complaint laid out by Austria's biggest retailers' association is...

  • PARIS, Dec 6- France's competition authority on Thursday fined six home appliance makers a total of 189 million euros for price-rigging in 2006 and 2009, the largest penalty it has handed out so far this year. Whirlpool, Electrolux, Bosch's BSH unit, Indesit, Candy Hoover and Eberhardt FrEeres were fined for agreeing price increases on washing machines, fridges...

  • BRASILIA, Dec 3- Brazil's antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox's entertainment assets raised concerns about undermining competition in the cable television market. A Cade report prepared to inform a subsequent ruling by the regulator said the deal would result in "a significant increase in...

  • BRASILIA, Dec 3- Brazil's antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox's entertainment assets raised concerns about undermining competition in the cable television market. Cade has until March 23, 2019 to decide and the deadline can be extended for 90 days. Disney agreed to purchase Fox's film and...

  • *Google fined total $7.7 bln since June 2017. BRUSSELS, Nov 30- EU antitrust regulators have asked Google's rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit. The European Commission, which took the world's most popular...

  • *Germany is Amazon's second-biggest market. BERLIN, Nov 29- Germany's antitrust authority has launched an investigation into whether U.S. ecommerce giant Amazon is exploiting its market dominance in its relations with third-party retailers who use its website as a marketplace. Germany's Federal Cartel Office said in a statement on Thursday that it had...

  • BRUSSELS, Nov 26- Deutsche Telekom is set to win unconditional EU antitrust approval for its bid to buy Swedish peer Tele2's Dutch unit, people familiar with the matter said on Monday. The European Commission opened a full-scale investigation into the bid five months ago, concerned that the four-to-three deal would hurt competition in the Dutch market and lead...

  • A nearly decade-long battle over Apple's App Store is set to finally be argued before the justices of the U.S. Supreme Court on Monday, setting up a high-stakes showdown over whether the company can be forced to pay damages to iPhone owners who say the App Store is an unlawful monopoly.

  • BRUSSELS, Nov 23- Electronic travel services companies Amadeus and Sabre are being investigated by the EU over contract terms that the bloc's antitrust watchdog says could prevent airlines and travel agents from switching to rival ticket agents. The European Commission opened an investigation into the two companies on Friday, saying the practices of...

  • *Probe to assess antitrust violations at Mumbai port-sources. *Mumbai port key to India's plans for ports-led economic growth. NEW DELHI, Nov 20- India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P.

  • Bob Iger

    The deal still needs regulatory approval from several countries, but the unconditional Chinese approval is a big step forward for Disney.

  • Columbia Law School’s Tim Wu says big tech companies stifle innovation in US

    Columbia Law School’s Tim Wu breaks down his take on how big tech companies might be due for antitrust regulation. Michael Nathanson, senior research analyst at MoffettNathanson, also weighs in.

  • India's largest drugmaker by market capitalisation made a provision of 12.14 billion rupee for estimated settlements with remaining plaintiffs in U.S. antitrust litigation related to its sleep disorder drug Modafinil, leaving it with a 2.19 billion rupee loss in the three months to Sept. 30, the company said...

  • BRUSSELS, Nov 9- EU antitrust regulators will clear Thales' 4.8- billion-euro takeover of chipmaker Gemalto on condition the French aerospace and defence company sells an encryption technology, a person familiar with the matter said on Friday. Last month, Thales offered to sell its nShield GP HSM to address the European Commission's concerns about the deal.

  • NEW DELHI, Nov 7- Amazon and its rival in India, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and brands, the Competition Commission of India said in a ruling late on Tuesday. The decision is a defeat for a lobby group representing thousands of online sellers in India. "Looking at the present market construct and...

  • The preliminary ruling came in an antitrust lawsuit against Qualcomm brought by the U.S. Federal Trade Commission in early 2017 and that is scheduled to go to trial next year. The preliminary ruling by Judge Lucy Koh in the U.S. District Court for the Northern District of California said that Qualcomm must license some patents involved in making so-called...

  • Nov 6- Mobile chip firm Qualcomm Inc suffered a setback in an antitrust brought against by the U.S. Federal Trade Commission on Tuesday when a judge sided with trade regulators on a motion for partial summary judgment. Qualcomm and the FTC last month asked a federal judge in San Jose, California, to delay the ruling so that the two sides could pursue settlement...