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Legislation Antitrust

  • Qualcomm: Open to further discussions with Broadcom

    CNBC's David Faber reports the latest details on Qualcomm's meeting with Broadcom to speak about Broadcom's bid for the company.

  • LONDON, Feb 15- Britain's Indivior is launching a new weapon to fight the U.S. opioid crisis this month, but high hopes for its once-monthly injection were offset on Thursday by the need to set aside more cash for legal disputes. The company said it had increased provisions for investigative and antitrust litigation matters by $185 million to $438 million,...

  • *Bayer declines comment on whether threatened to quit Russia. FRANKFURT/ MOSCOW, Feb 13- Bayer has taken Russia's antitrust regulator to court over the watchdog's investigation into the company's planned takeover of Monsanto, a further hiccup in the $64 billion deal amid intense antitrust scrutiny. Russia's Federal Anti-Monopoly Service, which has yet to...

  • Google hit with $21.2 million fine for search bias in India

    India's antitrust watchdog on Thursday imposed a 1.36 billion rupees ($21.17 million) fine on Google for "search bias" and abuse of its dominant position.

  • BRUSSELS/ FRANKFURT, Feb 8- Bayer plans to sell its global vegetable seeds business and allow BASF exclusive access to its digital farming data in an effort to address EU antitrust concerns over its $63.5 billion purchase of Monsanto, three people close to the matter said on Thursday. The German drug and crop chemicals maker submitted its offer last week after...

  • BRUSSELS/ FRANKFURT, Feb 8- Bayer plans to sell its global vegetable seeds business and allow BASF exclusive access to its digital farming data in an effort to address EU antitrust concerns over its $63.5 billion purchase of Monsanto, three people close to the matter said on Thursday. The German drug and crop chemicals maker submitted its offer last week after...

  • NEW DELHI— India's antitrust watchdog said Thursday that Google abused its position as the dominant search engine in the country to create a search bias in favor of its own services and those of its partners. The Competition Commission of India said in a statement that it was imposing a fine of 1.36 billion rupees on Google along with a warning to desist from...

  • NEW DELHI, Feb 8- India's antitrust watchdog on Thursday imposed a 1.36 billion rupees fine on Google for "search bias" and abuse of its dominant position, in the latest regulatory setback for the world's most popular internet search engine. The Competition Commission of India said Google, the core unit of U.S. firm Alphabet Inc, was abusing its dominance in online...

  • Approval of the transaction in Brazil, a powerhouse producer of grains and other agricultural commodities, clears a crucial hurdle for the deal, which the companies initially aimed to have approved by the end of 2017.. In Brazil, the transaction faced fierce opposition from soy and cotton growers as well as seed producers who thought it would give the combining...

  • BRASILIA, Feb 7- Brazilian antitrust agency Cade on Wednesday approved Bayer AG's proposed takeover of U.S. seeds company Monsanto Co, but imposed conditions to allow the two companies to combine operations. Approval of the transaction in Brazil, a powerhouse producer of grains and other agricultural commodities, clears a crucial hurdle for the deal, which the...

  • BRASILIA, Feb 7- The official analyzing Bayer AG's proposed takeover of U.S. seeds company Monsanto Co at Brazil's antitrust agency Cade on Wednesday recommended the approval of the deal, under certain conditions. The transaction, valued at $66 billion when announced in September 2016, would create the world's largest seeds and pesticides company.

  • *EU's deadline to conclude antitrust review now April 5. BRUSSELS/ FRANKFURT, Feb 5- Bayer has offered additional concessions to European regulators regarding its $63.5 billion bid for U.S. rival Monsanto in an antitrust review that will now be extended to April 5. The European Commission said that the deadline for it to conclude its antitrust investigation had...

  • BRUSSELS, Feb 5- Bayer has offered concessions to allay EU antitrust concerns about its $63.5 billion bid for U.S. rival Monsanto, the European Commission said on Monday, extending its investigation of the deal to April 5. Bayer submitted its proposal on Feb. 2. The German company struck a deal with BASF in October last year to sell seed and herbicide businesses for...

  • MEXICO CITY, Feb 1- Mexico's anti-trust agency on Thursday said that it is investigating "probable" monopoly practices in Mexico's e-commerce market, which includes online retailers like Amazon. The Federal Commission for Economic Competition, or Cofece, said in a statement that it was investigating possible practices such as price discrimination by major...

  • MEXICO CITY, Feb 1- Mexico's anti-trust agency on Thursday said in a statement that it is investigating "probable" monopoly practices in Mexico's e-commerce market, which includes online retailers like Amazon. E-commerce accounts for slightly more than 3 percent of all retail sales in Mexico, where shoppers fear credit card fraud and are often paid in cash.

  • FRANKFURT/ BERLIN, Feb 1- Germany's anti-trust regulator is opening an investigation into online advertising, responding to concerns expressed by advertisers and publishers over the "significant" market position of U.S. platforms Google and Facebook. "A small number of large companies like Google and Facebook have arisen and attained a significant market...

  • FRANKFURT/ BERLIN, Feb 1- Germany's anti-trust regulator is opening an investigation into online advertising, responding to concerns expressed by advertisers and publishers over the "significant" market position of U.S. platforms Google and Facebook. "A small number of large companies like Google and Facebook have arisen and attained a significant market...

  • FRANKFURT, Feb 1- Germany's anti-trust regulator said on Thursday it was opening an investigation into online advertising, noting concerns expressed by market players about the "significant" market position of U.S. platforms Google and Facebook.

  • German antitrust regulator: Why we're investigating Facebook

    Andreas Mundt, German Federal Cartel Office president, breaks down the regulator's investigation into Facebook for their data collection practices.

  • *Qualcomm to pay T $390 mln for first installment of fine. TAIPEI, Jan 30- Qualcomm Inc will pay T $390 million, its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its business model. In December 2016, South Korean regulators fined Qualcomm $854...