October 30, 2013
The U.S. Department of Justice argued Tuesday that a three-week trial over Bazaarvoice Inc.'s $168 million acquisition of its biggest rival had shown that the deal decimated competition for ratings-and-review software — even if the company hasn't yet raised prices amid the watchdog's merger challenge.
September 26, 2013
After Amazon.com Inc. and Wal-Mart Stores Inc. expanded their e-commerce review offerings, Bazaarvoice Inc. snagged PowerReviews Inc. to eliminate its biggest rival in the U.S. and Europe, Bazaarvoice's co-founder testified Thursday in the U.S. Department of Justice's antitrust trial over the merger.
September 25, 2013
Bazaarvoice Inc. had aggressively fought rival PowerReviews Inc. over its attempts to grab market share, before it bought PowerReviews for $168 million in 2012, a Bazaarvoice executive testified at trial Wednesday in a government suit claiming the merger created an illegal monopoly.
September 23, 2013
Bazaarvoice Inc.'s $168.2 million buyout of rival PowerReviews Inc. created an illegal monopoly that effectively locked competitors out of the e-commerce ratings and reviews market, the U.S. Department of Justice told a California federal judge Monday in opening statements in its antitrust trial against the company.
September 19, 2013
With a bench trial set to begin next week, the U.S. Department of Justice's challenge of Bazaarvoice Inc.'s $168.2 million acquisition of a rival online product ratings platform business will force the court to contend with a rarely litigated question unique to mergers that have already closed: whether a deal not yet having thwarted competition means it won't do so further down the road.
April 23, 2013
The U.S. Department of Justice has done enough so far to respond to Bazaarvoice Inc.'s discovery requests in an antitrust suit over the company's $168.2 million purchase of a rival online product ratings platform business, a California federal judge ruled Monday.
February 25, 2013
Bazaarvoice Inc. on Friday continued to push back against the U.S. Department of Justice's antitrust suit over its $168.2 million purchase of rival online ratings platform company PowerReviews Inc., saying there is intense competition in the market on price and innovation.
February 11, 2013
Bazaarvoice Inc. on Thursday defended its $168.2 million acquisition of rival PowerReviews Inc., warning that the U.S. Department of Justice's suit to unwind the deal underestimated how many other services compete with its online product ratings platform.
January 11, 2013
The U.S. Department of Justice sued Bazaarvoice Inc. in California federal court Thursday, alleging the product ratings platform company's $168.2 million acquisition of rival PowerReviews Inc. dramatically decreases competition, leads to higher prices and lessens innovation.