Posted 08/28/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
EU starts in-depth probe of Bayer, Monsanto deal. The European Commission has started an in-depth investigation of Bayer’s planned $66 billion takeover of U.S. seeds group Monsanto, saying it was worried about competition in various pesticide and seeds markets. The deal would create the world’s...
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Big Data Companies Likely To Come Under Increased Antitrust Scrutiny
Posted 08/22/17
By Elizabeth Taras
Big data companies may become increasingly embroiled in antitrust litigation if last week’s decision by Judge Edward M. Chen of the U.S. District Court for the Northern District of California, granting hiQ Labs, Inc. a preliminary injunction against LinkedIn Corp., is any omen.
The injunction that the court granted in the case of hiQ Labs, Inc. v. LinkedIn Corp. prohibits LinkedIn from...
The Antitrust Week In Review
Posted 08/21/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
Deutsche Bank, Bank of America settle agency bond rigging lawsuits. Deutsche Bank AG and Bank of America Corp agreed to pay a combined $65.5 million to settle investor litigation accusing large banks of rigging the roughly $9 trillion government agency bond market over a decade. Preliminary...
The Antitrust Week In Review
Posted 08/14/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
Citigroup to pay $130 mln to end Libor rigging lawsuit in U.S. Citigroup Inc has agreed to pay $130 million to settle private U.S. antitrust litigation accusing it of conspiring with rivals to manipulate the Libor benchmark interest rate. The bank is the second to resolve claims by so-called...
The Antitrust Week In Review
Posted 08/7/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
Morgan Stanley, RBC, others settle currency rigging lawsuit in U.S. Morgan Stanley, Royal Bank of Canada and three other banks agreed to pay a combined $111.2 million to settle U.S. litigation accusing them of rigging prices in the roughly $5 trillion-a-day foreign exchange market. The preliminary...
The Antitrust Week In Review
Posted 07/31/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
For Alphabet, a Record Fine is Both a Footnote and a Warning. Not many companies can turn a $2.7 billion fine into a financial footnote. But that is what Google’s parent company, Alphabet, did with its quarterly earnings. However, while its business hums along, Alphabet faces a challenge that has...
The Antitrust Week In Review
Posted 07/24/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
Four Apple contractors accuse Qualcomm of antitrust violations. iPhone chip supplier Qualcomm Inc. faces a new set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc. Foxconn parent Hon Hai Precision Industry Co., Wistron Corp,...
The Antitrust Week In Review
Posted 07/17/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
U.S. attorney general urged to consider blocking AT&T deal for Time Warner. Seven consumer advocacy groups wrote to Attorney General Jeff Sessions on Thursday to ask him to consider blocking AT&T's plan to buy Time Warner on the grounds that it will lead to higher prices and slow innovation in showing...
The Antitrust Week In Review
Posted 07/10/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
Exclusive: EU considers record fine as panel checks Google Android case – sources. EU antitrust regulators are weighing another record fine against Google over its Android mobile operating system and have set up a panel of experts to give a second opinion on the case, two people familiar with the...
The Antitrust Week In Review
Posted 07/3/17
Here are some of the developments in antitrust news this past week that we found interesting and are following.
EU fines Google record $2.7 billion in first antitrust case. EU antitrust regulators hit Google with a record 2.42-billion-euro ($2.7 billion) fine, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. It is the biggest fine the EU has ever...