Legislation Antitrust

  • RIO DE JANEIRO, Aug 15- Brazil's antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico. But in a blog post following the European Union decision, CEO Sundar Pichai said Android...

  • Sprint is working to persuade antitrust regulators to approve its merger with larger rival T-Mobile US Inc in a $26 billion deal, which the companies say will help them more quickly build the next-generation wireless network. The LG phone will be customized to Sprint's planned 5 G network, and will be compatible with T-Mobile only on that carrier's existing 4 G...

  • BRUSSELS, Aug 14- The International Air Transport Association is pursuing its complaint against Honeywell to EU antitrust regulators, it said on Tuesday, even as the air transport group struck a deal over a similar grievance with engine maker CFM. IATA filed a complaint with the European Commission in 2016 after some of its member airlines were quizzed by...

  • BRUSSELS, Aug 14- The International Air Transport Association is pursuing its complaint against Honeywell to EU antitrust regulators, it said on Tuesday, even as the air transport group struck a deal over a similar grievance with engine maker CFM. IATA filed a complaint with the European Commission in 2016 after some of its member airlines were quizzed by...

  • BRUSSELS, Aug 14- The International Air Transport Association is pursuing its complaint against Honeywell to EU antitrust regulators, it said on Tuesday, even as the air transport group struck a deal over a similar grievance with engine maker CFM. IATA filed a complaint with the European Commission in 2016 after some of its member airlines were quizzed by...

  • BRUSSELS, Aug 13- Independent music labels group Impala has called on EU antitrust regulators to block Sony Corp's bid to become the world's largest music publisher with its $2.3 billion offer for control of EMI, saying the combination would have too much market power. Sony announced the deal in May, the boldest strategy move by its new CEO Kenichiro Yoshida,...

  • *Qualcomm to also invest $700 mln in Taiwan over five years. TAIPEI/ SAN FRANCISCO, Aug 10- Mobile chipmaker Qualcomm Inc will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years. The settlement replaces a fine of roughly $778 million imposed by Taiwan's Fair Trade...

  • TAIPEI/ SAN FRANCISCO, Aug 10- Mobile chipmaker Qualcomm Inc will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next five years. The settlement replaces a fine of roughly $778 million imposed by Taiwan's Fair Trade Commission in 2017, when it accused the U.S. firm of...

  • TAIPEI, Aug 10- Mobile chipmaker Qualcomm Inc is settling an antitrust case brought against it by Taiwan regulators by paying T $2.73 billion, the island's Fair Trade Commission said on Friday. The commission said Qualcomm also agreed to bargain in good faith with other chip and phone makers in patent-licensing deals. In 2017, the commission fined Qualcomm...

  • Aug 8- A federal appeals court on Wednesday rejected an antitrust challenge by 23 beer drinkers to Anheuser-Busch InBev SA's $107 billion purchase in 2016 of SABMiller Plc, which they claimed would thwart competition and raise prices in the U.S. beer market. The 9th U.S. Circuit Court of Appeals in Portland, Oregon said SABMiller's agreement with antitrust...

  • NEW DELHI, Aug 8- India's anti-trust regulator has approved U.S. retail giant Walmart Inc's $16 billion acquisition of online marketplace Flipkart, beefing up the competition to Amazon.com Inc in the fast growing e-commerce market. Bentonville, Arkansas- based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in...

  • NEW DELHI, Aug 8- India's antitrust regulator on Wednesday approved U.S. retail giant Walmart Inc's $16 billion acquisition of Indian ecommerce firm Flipkart, beefing up the competition for rival Amazon.com Inc in the fast growing market. Betonville, Arkansas- based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion,...

  • WASHINGTON, Aug 6- U.S. antitrust enforcers are in the early stages of reviewing T-Mobile US Inc's plan to buy Sprint Corp for $26 billion, and have reached no conclusions on how many wireless carriers the country needs, a source familiar with the situation said on Monday. Sprint shares were up 8.7 percent at $6.11 and T-Mobile rose 6.7 percent to $65.65 in...

  • WASHINGTON, Aug 6- U.S. antitrust enforcers are in the early stages of reviewing T-Mobile US Inc's plan to buy Sprint Corp for $26 billion, and have reached no conclusions on how many wireless carriers the country needs, according to a source familiar with the situation. Sprint shares were up 9.8 percent at $6.17 and T-Mobile rose 7.3 percent to $66.03 at...

  • FRANKFURT, Aug 6- Shares in Linde dropped as much as 10 percent on Monday after the German industrial gases group's planned $86 billion merger with U.S. rival Praxair was thrown into doubt by more demands from U.S. antitrust regulators. The U.S. Federal Trade Commission is asking for more assets to be sold than previously anticipated and also wants prospective...

  • A truck operated by Germany's Linde Group.

    Industrial gas group Linde's planned $87 billion merger with Praxair was put in doubt by demands from U.S. antitrust regulators.

  • BERLIN, Aug 5- German industrial gases group Linde said it and U.S. rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned $87 billion tie-up, which could scupper the deal. The planned combination in an all-shares merger, agreed in principle in December 2016, would create a global leader in gas distribution...

  • FRANKFURT, Aug 6- Shares in Linde plunged more than 8 percent on Monday after the industrial gases group's planned $87 billion merger with Praxair was put in doubt by demands from U.S. antitrust regulators. The U.S. Federal Trade Commission is asking for more assets to be sold than previously anticipated and the watchdog also wants prospective buyers to meet...

  • FRANKFURT, Aug 6- Shares in Linde plunged more than 8 percent on Monday after the industrial gases group's planned $87 billion merger with Praxair was put in doubt by demands from U.S. antitrust regulators. The U.S. Federal Trade Commission is asking for more assets to be sold than previously anticipated and the watchdog also wants prospective buyers to meet...

  • BERLIN, Aug 5- German industrial gases group Linde said it and U.S. rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned $87 billion tie-up, which could scupper the deal. The planned combination in an all-shares merger, agreed in principle in December 2016, would create a global leader in gas distribution...