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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...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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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...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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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...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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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,...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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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...

Tagged in: Antitrust Enforcement, Antitrust Litigation,

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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...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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The Antitrust Week In Review

Posted  06/26/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. sues to stop western hospital system from buying clinics.  U.S. antitrust enforcers have filed a complaint aimed at stopping a big hospital system in the western United States from buying a series of clinics.  The lawsuit is aimed at stopping Sanford Health, which has more than 40 hospitals and 250...

Tagged in: Antitrust Enforcement, Antitrust Litigation,

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The Antitrust Week In Review

Posted  06/12/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. EU antitrust regulators to investigate $38 billion Qualcomm, NXP deal.  EU antitrust authorities opened an investigation on Friday into Qualcomm's $38-billion bid for NXP Semiconductors, ratcheting up pressure on the U.S. smartphone chipmaker to offer concessions to address their concerns.  Qualcomm,...

Tagged in: Antitrust Litigation, International Competition Issues,

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The Antitrust Week In Review

Posted  06/5/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. Exclusive: Google faces hefty EU fine in shopping case by August - sources.  EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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The Antitrust Week In Review

Posted  05/30/17
Here are some of the developments in antitrust news this past week that we found interesting and are following. EU to Conclude Google Antitrust Cases in Next Few Months.  EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, according to a senior European Commission official, an outcome that could lead to a hefty fine.  The...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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