Biden Admin Launches Probe Into Health Care Giant Amid Antitrust Crackdown: REPORT
Biden Admin Launches Probe Into Health Care Giant Amid Antitrust Crackdown: REPORT Will Kessler on February 27, 2024 The Biden administration in recent weeks has launched an antitrust investigation into the health…
German antitrust watchdog subjects Amazon to stricter supervision rules
BERLIN -Germany’s antitrust watchdog said on Wednesday that U.S. ecommerce giant Amazon’s position is of outstanding, cross-market importance for competition, a classification that allows the authority to prohibit any anti-competitive behaviour at…
Rogers, Shaw start Canada antitrust talks over blocked C$20 billion merger
By Divya Rajagopal TORONTO – Canada’s antitrust authority, Rogers Communications and Shaw Communications will begin two-day negotiations on Monday to discuss possible remedies to the contested C$20 billion ($15.5 billion) takeover of…
German economy minister aims to tighten antitrust laws
FRANKFURT – German Economy Minister Robert Habeck plans to present concrete proposals to tighten the nation’s antitrust laws and give the Federal Cartel Office more powers, according to a position paper circulated…
American Airlines gets favorable antitrust verdict, and $1 in damages
By Jonathan Stempel and Mike Scarcella NEW YORK – A federal jury on Thursday ruled in favor of American Airlines Group Inc in its long-running lawsuit accusing flight booking service Sabre Corp…
EU antitrust chief calls for global approach towards tech giants
By Foo Yun Chee BERLIN – Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global approach towards…
Germany urges Vestager to consider company breakups in EU antitrust reforms
By Foo Yun Chee BERLIN – EU antitrust rules should be beefed up to allow regulators to break up companies for serious breaches, German State Secretary Sven Giegold said on Wednesday, urging…
Google urges court to scrap $1.6 billion EU antitrust fine
By Foo Yun Chee BRUSSELS – Alphabet unit Google on Monday urged Europe’s second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago for hindering…
Broadcom under Antitrust scrutiny from FTC again – The Information
(Reuters) – Semiconductor maker Broadcom Inc is under scrutiny from the U.S. Federal Trade Commission following complaints it is forcing exclusive agreements with customers, The Information reported on Friday. The FTC is…
Moscow court rules antitrust case against Apple is lawful – RIA
(Reuters) -A Moscow court on Thursday ruled that it was lawful for Russia’s anti-monopoly regulator to open an antitrust case against Apple over an App Store payment dispute, dismissing a case brought…
Volkswagen-led consortium files for EU antitrust clearance in Europcar deal
FRANKFURT – A Volkswagen-led consortium that has made a bid to buy Europcar has filed for antitrust clearance with the European Commission, it said on Tuesday, confirming that it expects the deal…
Microsoft’s cloud business targeted by EU antitrust regulators
By Paresh Dave BRUSSELS – EU antitrust regulators are quizzing Microsoft’s rivals and customers about its cloud business and licensing deals, a questionnaire seen by Reuters showed, in a move that could…
Roblox backs Apple in antitrust case, says App Store offers privacy and security
(Reuters) – Online gaming platform Roblox Corp said on Thursday Apple Inc’s App Store offers privacy and safety benefits to its users, supporting the iPhone-maker’s bid to beat an appeal by Epic…
EU regulators look to streamline antitrust rules
By Foo Yun Chee BRUSSELS – Regulators are looking to update rules, which target companies abusing their market power and those setting up illegal cartels, to make them more efficient, EU antitrust…
U.S. Chamber sides with Facebook in antitrust appeal
WASHINGTON – The powerful U.S. Chamber of Commerce filed a brief on Monday, urging a D.C. appeals court to reject an appeal by a big group of U.S. states to revive their…
Alphabet CEO Sundar Pichai to meet EU antitrust chief March 30
BRUSSELS – Alphabet Chief Executive Officer Sundar Pichai will meet Europe’s antitrust chief on March 30 to discuss competition and digital issues, a European Commission official said on Thursday. Alphabet confirmed the…
Google urges judge hearing U.S. antitrust lawsuit to reject sanctions request
WASHINGTON – Alphabet’s Google urged a judge hearing a U.S. antitrust case against it to reject the Justice Department’s request that it be sanctioned, saying it had not abused attorney-client privilege. The…
U.S. antitrust regulators seek more data from Activision, Microsoft on planned deal
– The U.S. Federal Trade Commission has sought additional data from Activision Blizzard Inc and Microsoft Corp related to the antitrust review of their deal, the games developer said in a regulatory…
Microsoft faces EU antitrust complaint about its cloud computing business
PARIS – U.S. tech giant Microsoft is facing an antitrust complaint filed by three European rivals in the booming cloud computing business, one the plaintiffs said on Thursday. The complaint, filed with…
Viatris to settle EpiPen antitrust litigation for $264 million
By Nate Raymond -Viatris Inc, the drugmaker formerly known as Mylan, said on Monday it had agreed to pay $264 million to resolve a class action lawsuit alleging it engaged in a…
Irish insurers’ group offers to open up data platform in EU antitrust case
By Foo Yun Chee BRUSSELS – Irish insurers’ association Insurance Ireland has offered to open up its data sharing platform to non-members and apply fair criteria to access it in an attempt…
Judge dismisses antitrust complaint against Altria Group, JUUL Labs-FTC
– An administrative law judge dismissed a Federal Trade Commission antitrust complaint against tobacco company Altria Group Inc. and electronic cigarette maker JUUL Labs Inc., the FTC said on Thursday. The FTC’s…
U.S., Meta spar over date of antitrust trial
WASHINGTON – U.S. regulators and Meta Platforms Inc are at odds over when to start a high-profile antitrust trial, with the Federal Trade Commission proposing December 2023 and the Facebook parent company…
U.S. antitrust enforcer, FBI announce effort to deter, identify collusion
WASHINGTON – The U.S. Justice Department’s Antitrust Division and the FBI announced an initiative on Thursday to detect and prosecute companies that take advantage of supply chain disruptions to collude with rivals…
Discovery-WarnerMedia deal clears U.S. antitrust review
– Media company Discovery Inc’s plan to acquire venerable film and TV studio WarnerMedia has passed the U.S. Department of Justice’s antitrust review, clearing another hurdle toward closing, according to a regulatory…
Austrian antitrust court gives green light to Facebook’s Giphy deal
VIENNA – An antitrust court in Austria on Monday approved with conditions Facebook’s purchase of animated images platform Giphy, in a boost for the social media giant after a UK watchdog said…
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