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Legislation Antitrust

  • Comcast has bigger issues than Disney for Fox, says antitrust expert

    Tim Wu, Columbia Business School law professor, discusses the various antitrust concerns across the media space.

  • ROME, May 22- Facebook and other tech giants may attract more regulatory scrutiny in future because of their market power, a senior EU antitrust official said on Tuesday. Tommaso Valletti, chief economist at the European Commission's competition unit, rejected calls by some- especially in the United States- for regulators to adopt a hands-off approach to avoid...

  • NEW DELHI, May 22- India's antitrust regulator has approved the acquisition of U.S. seed major Monsanto Co by Bayer AG, in a decision that moves the $62.5 billion deal a step closer to the finish line. Both Bayer and Monsanto had subsidiaries in India, making it mandatory for them to receive clearance from the Competition Commission of India. Bayer last week said...

  • Sundar Pichai, CEO, Google

    Google itself is afraid of competition — from giants like Amazon or from smaller start-ups, James Pethokoukis of the American Enterprise Institute said.

  • Steven Mnuchin

    Mnuchin acknowledged that antitrust matters don't fall under his jurisdiction, but said someone ought to be looking.

  • Brian Roberts, CEO of Comcast

    The parties have until 5 p.m. May 24 for submissions before he makes a final decision on whether to intervene.

  • HANOI, May 18- Vietnam's Ministry of Industry and Trade said on Friday it had launched an in-depth investigation into ride-hailing company Grab's takeover of Uber Technologies' Southeast Asia business after an initial probe found it might breach antitrust law. It warned last month the transaction could be blocked if Uber and Grab's combined market share in...

  • TOKYO— Japanese electronics company Toshiba Corp. said Thursday the sale of its computer memory chip business to a consortium led by Bain Capital Private Equity has cleared all anti-trust regulatory approval, including one it was awaiting from China. Initially, Western Digital opposed the sale of its NAND flash-memory SanDisk joint venture with Toshiba,...

  • *China antitrust review had been biggest hurdle for the sale. TOKYO, May 17- Toshiba Corp said on Thursday that China regulators have approved the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to a year-long saga surrounding its most prized asset. Any approval of the deal would come at a time of trade...

  • HANOI, May 16- Vietnam's trade ministry said on Wednesday it is considering launching a formal investigation into the takeover of Uber Technologies' Southeast Asia business by rival Grab after an initial probe showed the deal would violate antitrust law. The ministry had said last month the transaction might be blocked if Uber and Grab's combined market...

  • May 15- Microchip Technology Inc on Tuesday received antitrust clearance from China to buy rival Microsemi Corp, marking the first approval of a major technology deal by the country since the Broadcom-Brocade deal in August. The go-ahead to the $8.35 billion acquisition comes in less than three months after the companies struck the deal, indicating that...

  • May 15- Microchip Technology Inc said on Tuesday it has received antitrust approval from China to buy rival Microsemi Corp, clearing a major hurdle to the $8.35 billion deal. The clearance for the deal from China's Ministry of Commerce comes days after U.S. Microchip on Tuesday also received antitrust clearances from the Japan Fair Trade Commission, the...

  • May 15- Microchip Technology Inc said on Tuesday it has received antitrust approval from China to buy rival Microsemi Corp, clearing a major hurdle to the $8.35 billion deal. The company has also received antitrust clearances from the Japan Fair Trade Commission, the Philippine Competition Commission, the Austrian Federal Competition Authority and the...

  • *Deal will pave way for rivals in eastern Europe. BRUSSELS, May 14- EU regulators will settle their antitrust case with Gazprom by next week, people close to the matter said on Monday, after the Russian energy giant pledged to change its pricing structure and allow rivals a foothold in eastern Europe. EU- Russia relations have been frosty since Moscow's annexation...

  • I think the Time Warner deal should go through: Jim Stewart

    CNBC's David Faber discusses antitrust legislation and competition with regard to the Department of Justice antitrust case involving AT&T and Time Warner.

  • BRUSSELS, May 4- EU regulators may set up their own algorithms to find companies that use software to fix prices with peers or squeeze out their rivals, Europe's antitrust chief said on Friday. The comments by European Competition Commissioner Margrethe Vestager underline the unease among policy enforcers about technologically-advanced tools such as...

  • BRUSSELS, May 4- U.S. cable company Liberty Global has offered concessions to win over EU antitrust regulators which are examining its takeover of Dutch peer Ziggo for the second time after an EU court threw out its 2014 approval of the deal. Former state telecoms monopoly KPN had complained to the court about the combined market power of Liberty Global's Dutch...

  • LONDON, May 3- If Sainsbury's is to succeed in its $10 billion bid for Walmart's Asda and become Britain's largest supermarket it will have to persuade regulators that changes in the way people shop mean previous anti-trust rulings no longer apply. The move by Sainsbury's, Britain's second-largest supermarket, for the next largest Asda, is designed to help it...

  • Chief Executive Officer of AT&T Randall Stephenson (L) and Chairman and Chief Executive Officer of Time Warner Jeffrey Bewkes listen to testimony before the Senate Judiciary Committee Antitrust Subcommittee hearing on the proposed deal between AT&T and Time Warner in Washington, U.S., December 7, 2016.

    CNBC's Hampton Pearson reports on AT&T executives leaving the courtroom after closing arguments.

  • DOJ urges alternative remedies in AT&T-Time Warner merger

    CNBC's Dominic Chu reports on Department of Justice urging structural remedies during the AT&T-Time Warner merger trial. CNBC's David Faber weighs in.