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Legislation Antitrust

  • WASHINGTON, Sept 27- The U.S. Senate voted on Wednesday to confirm the head of the Justice Department's Antitrust Division, which will decide the fate of deals like AT&T Inc's proposed purchase of Time Warner Inc and the merger of Bayer AG and Monsanto Co.. The Senate voted 73 to 21 to confirm Delrahim. The Senate also confirmed Heath Tarbert, by a vote of 87 to 8, to be...

  • BRUSSELS, Sept 27- Google will treat its own shopping service the same as rivals when they bid for ads at the top of a search page, the company said on Wednesday, as it seeks to comply with an EU antitrust order and stave off fresh fines. The European Commission slapped a record 2.4- billion-euro fine on the world's most popular internet search engine in June and told...

  • WASHINGTON, Sept 26- The U.S. Justice Department on Tuesday filed an antitrust lawsuit challenging Parker-Hannifin Corp's purchase of Clarcor Inc, which closed in February. The lawsuit, brought in U.S. district court in Delaware, was filed out of concern that the $4.3 billion transaction would mean higher prices, worse service or less innovation in the market...

  • WASHINGTON, Sept 26- The U.S. Justice Department on Tuesday filed an antitrust lawsuit challenging Parker-Hannifin Corp's purchase of Clarcor Inc.. The lawsuit, brought in U.S. district court in Delaware, was filed out of concern that the $4.3 billion transaction would mean higher prices, worse service or less innovation in the market for aviation fuel...

  • Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday. Warren, a Massachusetts Democrat, had met with Delrahim early in September where she pressed him about her concerns about...

  • Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday. Delrahim, a veteran of the Justice Department and a lobbyist, has been nominated to be assistant attorney general.

  • Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday. Warren, a Massachusetts Democrat, had met with Delrahim early in September where she pressed him about her concerns about...

  • BRUSSELS, Sept 21- U.S. electronic chipmaker GlobalFoundries has asked European antitrust regulators to investigate market leader TSMC, accusing the Taiwanese firm of unfair competition, an industry source said on Monday. GlobalFoundries is the closest challenger to Taiwan- based TSMC in the foundry, or contract market for making chips for firms without...

  • A group of real estate agents who colluded to raise fees in southwest England has been fined £370,084 ($500,620) by competition authorities.

  • *Liam Condon says has yet to be convinced by EU Commission. MONHEIM, Germany, Sept 19- Bayer said it was unable to propose the sale of any digital farming assets to allay EU concerns about its planned $66 billion takeover of Monsanto. It's extremely hypothetical in terms of where the overlap actually is, "the head of Bayer's Crop Science division, Liam Condon, told...

  • BRUSSELS, Sept 18- Google has offered to display rival comparison shopping sites via an auction, as it aims to stave off further EU antitrust fines, four people familiar with the matter said. Google has already been fined a record 2.4 billion euros by the European Commission for favouring its own service, and could face millions of euros in fresh fines if it fails to...

  • SAO PAULO, Sept 15- A member of Brazil's billionaire Batista family should be declared guilty of fostering anti-competitive practices in the domestic cattle slaughtering market more than a decade ago, a body at antitrust watchdog Cade recommended on Friday. In a post on the government's official gazette, Cade's general superintendency recommended...

  • BRUSSELS, Sept 11- Google appealed on Monday against a record 2.4- billion-euro EU antitrust fine, with its chances of success boosted by Intel's partial victory last week against another EU sanction. The world's most popular Internet search engine, a unit of the U.S. firm Alphabet, launched its appeal two months after it was fined by the European Commission for...

  • WASHINGTON, Sept 6- Senator Elizabeth Warren, a Democrat from Massachusetts, met on Wednesday with President Donald Trump's pick to run the Justice Department's Antitrust Division, where she pressed him on political interference in antitrust and lobbying, according to a source familiar with the discussions. The source did not say if the meeting was...

  • SAO PAULO, Sept 6- Brazil's antitrust watchdog Cade has signed agreements with the largest petroleum gas distributors to settle charges that the companies formed a cartel and colluded to fix prices in the Northeastern and Center-West regions of the country. Liquigas Distribuidora SA, a subsidiary of state-controlled oil company Petroleo Brasileiro SA,...

  • *Lower court told to re-examine Intel's EU fine appeal. LUXEMBOURG/ BRUSSELS, Sept 6- Europe's top judges dealt a rare blow to European Union antitrust regulators on Wednesday by sending their case against U.S. chipmaker Intel Corp back to court for an appeal. In a move that may have ramifications for EU cases against Qualcomm and Google, the EU Court of Justice said...

  • *Lower court told to re-examine Intel's EU fine appeal. LUXEMBOURG/ BRUSSELS, Sept 6- Europe's top judges dealt a rare blow to European Union antitrust regulators on Wednesday by sending their case against chipmaker Intel back to a lower court for an appeal. In a move that may have ramifications for the EU watchdog's cases against Qualcomm and Google, the EU Court...

  • BRUSSELS, Sept 4- Europe's top court will rule on Wednesday whether U.S. chipmaker Intel offered illegal rebates to squeeze out rivals in a judgment that could affect EU antitrust regulators' cases against Qualcomm and Alphabet's Google. The ruling by the Luxembourg- based Court of Justice of the European Union could also provide more clarity on whether...

  • CERNOBBIO, Italy, Sept 2- The proposed merger of Italian spectacles maker Luxottica with French lens manufacturer Essilor will require thorough vetting by European antitrust authorities, the head of the bloc's competition watchdog said on Saturday. EU Competition Commissioner Margrethe Vestager said it was too early to say whether approval may require...

  • CERNOBBIO, Italy, Sept 2- The proposed merger of Italian eyewear manufacturer Luxottica with French lens manufacturer Essilor will require thorough vetting by European antitrust authorities, the head of the bloc's competition watchdog said on Saturday. The EU Commission was officially notified on Aug. 22. EU Competition Commissioner Margrethe Vestager...