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Legislation Antitrust

  • KIM SAYS COMMUNICATING WITH EU REGULATOR ON GOOGLE, QUALCOMM ANTITRUST CASES.

  • SEOUL, Aug 21- South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of shareholders. Kim Sang- jo, appointed to head the Korea Fair Trade Commission by President Moon Jae- in, told...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • MEXICO CITY, Aug 16- Mexico's Supreme Court on Wednesday ruled billionaire Carlos Slim's telecommunications company America Movil should not be barred by law from charging competitors certain fees, prompting fears of a rollback of a sweeping antitrust reform. The 2014 telecom industry reform, one of Mexican President Enrique Pena Nieto's signature...

  • District Judge Edward Chen in San Francisco granted a preliminary injunction request brought by hiQ Labs, and ordered LinkedIn to remove within 24 hours any technology preventing hiQ from accessing public profiles. HiQ Labs responded by filing a suit against LinkedIn in June, alleging that the Microsoft-owned social network was in violation of antitrust...

  • SAN FRANCISCO, Aug 9- Moscow- based cyber security firm Kaspersky Lab said on Wednesday it would withdraw antitrust complaints made in Europe against Microsoft after the U.S. technology giant agreed to change how it delivers security updates to Windows users. Kaspersky Lab in June accused Microsoft of abusing its dominance in the personal computer market to...

  • MEXICO CITY, Aug 9- Major drugmakers including GlaxoSmithKline Plc and Pfizer Inc face no competition in Mexico from generics that are readily available elsewhere, partly because of regulatory failings, Mexico's antitrust body said on Wednesday. According to a document seen by Reuters, Cofece also identified other pharmaceutical companies with products...

  • MEXICO CITY, Aug 9- Major drugmakers including GlaxoSmithKline Plc, Pfizer Inc and Sanofi SA use legal ways to stifle competition in Mexico from generics that are readily available elsewhere, a senior Mexican antitrust official said on Wednesday. According to a document seen by Reuters, Cofece also identified other pharmaceutical companies, including...

  • MEXICO CITY, Aug 9- Major drugmakers including GlaxoSmithKline Plc, Pfizer Inc and Sanofi SA use legal ways to stifle competition in Mexico from generics that are readily available elsewhere, a senior Mexican antitrust official said on Wednesday. According to a document seen by Reuters, Cofece also identified other pharmaceutical companies, including...

  • SAO PAULO, Aug 2- Alesat Combustíveis SA, a Brazilian fuel distribution company whose takeover was blocked by antitrust regulators on Wednesday, is pondering how best to accelerate domestic expansion, including bringing in a partner to help close the gap with lager rivals, its chief executive officer said. CEO and shareholder Marcelo Alecrim said in an...

  • Should Google, Facebook be regulated like utilities?

    Ryan Grim, The Intercept, discusses his story about Trump advisor Steve Bannon wanting to regulate websites like Facebook and Google like utilities.

  • NEW YORK, July 28- A U.S. judge on Friday said investors may pursue part of their nationwide antitrust lawsuit accusing 12 of the world's biggest banks of conspiring to rig the $275 trillion market for interest rate swaps. District Judge Paul Engelmayer in Manhattan said 11 of the banks, including Bank of America Corp and JPMorgan Chase& Co, must defend against...

  • WASHINGTON, July 27- Republican and Democratic lawmakers on Thursday discussed ways to prevent drugmakers from using rules developed to safeguard patients to instead block the sale of cheaper medicines. The focus at a hearing, held by members of the House Judiciary Committee's antitrust subcommittee, was on the use by some brand name drug companies of a Food...

  • Jeff Bezos speaking at the new New York Economic Club luncheon in New York on Oct. 27, 2016.

    James Cakmak, Monness, Crespi, Hardt analyst, weighs in on whether Amazon is at risk of being stymied by antitrust risks and where he sees the stock headed from here.

  • FRANKFURT/ HAMBURG, July 25- Daimler's supervisory board will meet on Wednesday to discuss allegations that German carmakers were involved in anti-competitive behaviour, sources familiar with the matter said. European Union and German antitrust regulators are investigating whether BMW, VW, Porsche, Audi and Mercedes-Benz owner Daimler held meetings to...

  • FRANKFURT/ HAMBURG, July 25- Daimler's supervisory board will meet on Wednesday to discuss allegations that German carmakers were involved in anti-competitive behaviour, sources familiar with the matter said on Tuesday. European Union and German antitrust regulators are investigating whether BMW, VW, Porsche, Audi and Mercedes-Benz owner Daimler held...

  • DuPont also said higher soybean sales in North America and increased demand for sunflower and corn seeds in Europe helped its agriculture business in the first half of the year. DuPont and Dow are hiving off assets worth billions, including a portion of DuPont's crop protection business, to comply with anti-trust regulators after announcing their $130...

  • FRANKFURT/ HAMBURG, July 25- Daimler's supervisory board will meet on Wednesday and seek answers about whether German carmakers were part of a club that was allegedly involved in anti-competitive behaviour, sources familiar with the matter said on Tuesday. European Union and German antitrust regulators are investigating whether BMW, VW, Porsche, Audi and...

  • July 24- Alphabet Inc reported a 27.7 percent drop in quarterly profit as the company recorded a previously announced charge related to a record $2.7 billion fine imposed on its Google unit by the EU. EU antitrust regulators last month hit Google with a record 2.4- billion-euro fine for favoring its own shopping service, taking a tough line in the first of three...