The Antitrust Week in Review

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.

The commodities giant Glencore will pay $1.1 billion to settle bribery and price-fixing charges.  Glencore, the mining and commodity-trading giant, has agreed to pay $1.1 billion to settle charges that two of its units bribed officials in several countries and manipulated oil prices. The settlement,...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   New Majority Gives F.T.C. a Chance to Push an Aggressive Agenda.  The confirmation of a third Democrat to the Federal Trade Commission broke a partisan deadlock at the agency. That’s good news for Lina Khan, the agency’s chair and a Democrat. It is also a test. With the F.T.C.’s new Democratic...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. Senate committee passes antitrust bill pressuring OPEC.  A U.S. Senate committee passed a bill that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for collusion on boosting crude oil prices. The No Oil Producing or Exporting Cartels (NOPEC) bill sponsored...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. Elon Musk's early Twitter stock buy under FTC scrutiny -The Information.  Tesla Inc Chief Executive Elon Musk's initial 9% stake purchase in Twitter Inc is being probed by the Federal Trade Commission (FTC), The Information reported. The FTC is looking into whether Musk complied with an antitrust...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. antitrust authorities clear Prince, Ferro specialty chemical deal.  Specialty chemical maker Prince International Corp won U.S. antitrust approval to merge with rival Ferro Corp on condition that it sell three facilities, the Federal Trade Commission said. EU antitrust regulators cleared the deal in...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Reducing inequality, hiking minimum wage could boost U.S. economy -White House.  Boosting enforcement of antidiscrimination and antitrust laws, raising the federal minimum wage and higher unionization rates could substantially boost U.S. economic growth, a new report by President Joe Biden's top...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Bidding War for Spirit Could Undercut Power of Four Big Airlines.  When the dust settled on a big round of airline consolidation nearly a decade ago, four large companies came to dominate the industry. A new merger scramble could challenge that cozy arrangement. A brewing fight over the future of...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   U.S. drops price-fixing charges against chicken executives after mistrials.  The U.S. Justice Department asked a federal court in Denver to drop price-fixing charges filed against five executives of chicken producing companies after two mistrials in the case focused on competition in the $65 billion...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.

 

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 filing. Microsoft in...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Microsoft faces EU antitrust complaint about its cloud computing business.  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. The complaint, filed with the European Union's competition watchdog...