Competition

  • July 6, 2007

    Alcoa's $28M Alcan Bid Attracts DOJ Scrutiny

    Alcoa Inc. revealed Friday that antitrust regulators have asked for more information about its unsolicited $28.6 million bid to take over its Canadian rival Alcan Inc.

  • July 6, 2007

    EU Gears Up To Introduce Insurance Reforms

    The European Commission is set to unveil a new set of rules aimed at increasing competitiveness of the insurance industry, in a move that will mean a major change for Europe's largest insurers.

  • July 6, 2007

    Mittal Gets Final Extension To Sell Tin Mill

    The U.S. Department of Justice has granted Mittal Steel Company NV an extra 15 days to sell one of its tin mills, which it must do to resolve competition concerns over its $33 billion hostile takeover of Luxembourg-based rival Arcelor SA.

  • July 6, 2007

    FERC Approves $18M Energy Crisis Settlement

    The Federal Energy Regulatory Commission has approved an $18 million settlement between a unit of BP Plc and three California utilities over alleged price manipulation during the 2000-2001 Western energy crisis.

  • July 6, 2007

    EU Takes Spain To Court Over Lottery Tax

    The European Commission has once again challenged a Spanish law that permits the country to tax winnings from lotteries organized abroad while exempting income from Spanish lotteries, this time referring Spain to the European Court of Justice.

  • July 6, 2007

    DOJ Wants More Time To Review Bus Merger

    The U.S. Department of Justice has asked FirstGroup PLC and Laidlaw International Inc. for additional time to review their proposed $3.6 billion merger.

  • July 6, 2007

    BSkyB Rivals Decry Purchase Of ITV Stake

    Two United Kingdom broadcasters have echoed criticism brought by Virgin Media Inc., telling Britain's antitrust body that British Sky Broadcasting Group's acquisition of a stake in ITV Plc would stifle competition and compromise the independence of news in the country.

  • July 6, 2007

    Wholesale Price Plaintiffs Call Damages Incomplete

    After winning damages for harm suffered from 1997 through 2002 in a massive antitrust class action against several pharmaceutical giants, plaintiffs asked the court Thursday to award damages for 2003 as well, though there is no hard data showing harm in that year.

  • July 6, 2007

    California Jumps In DRAM Suit To Help Plaintiffs

    The State of California stepped into the Dynamic Random Access Memory antitrust case on Thursday, lending a hand to the indirect purchasers of DRAM chips by supporting their request to file a second amended complaint.

  • July 5, 2007

    Google Seeks Voice In Microsoft Case

    After a defeat last week, Google Inc. on Monday reaffirmed its desire to participate in federal judicial proceedings stemming from the landmark 2002 antitrust settlement with Microsoft Corp. as an interested third party.

  • July 5, 2007

    EU Raids Door, Window Fittings Makers

    The European Commission has raided a group of door and window fittings manufacturers across Europe, over concerns that the companies have participated in an anti-competitive cartel.

  • July 5, 2007

    EU Approves €43.7B Endesa Deal

    The European Commission has given a nod of approval to the €43.7 billion proposed takeover of Spanish energy company Endesa SA by Italy's Enel SpA and Spain's Acciona SA.

  • July 5, 2007

    Open Markets Breed Energy Consumers' Charter

    As member states continue to deregulate their energy markets, the European Commission has launched a new project aimed at informing consumers of their rights in the recently opened electricity and gas sectors.

  • July 5, 2007

    Court of First Instance Tosses Telecom Appeal

    A European Commission ruling that allowed France to amend the licensing agreements for a handful of its telecommunication companies will stand after a European court threw out an appeal from Bouygues Telecom, which had called the arrangement illegal state aid.

  • July 5, 2007

    MWE Appoints New Head Of Italian Competition Group

    McDermott Will & Emery LLP has enhanced its international competition group with the addition of Veronica Pinotti, who will head the firm's Italian practice.

  • July 6, 2007

    Distributor Denies Allegations Of Price-Fixing

    A distributor of construction products has denied a fellow distributor's allegations that it conspired with two other companies to set prices and limit competition in the silicone sealant market.

  • July 5, 2007

    Judge Freezes Part Of Urethane Litigation

    With a settlement in the works, the judge overseeing the long-running antitrust litigation over the urethane market has decided to heed the request of some of the plaintiffs and halt the proceedings against defendant Chemtura Corp.

  • July 4, 2007

    EC Hits Telefonica With €152M Fine

    The European Commission has fined Spanish telecommunications company Telefonica SA €152 million for abusing its dominant position, the largest fine handed down in the Commission's crusade against anti-competitive behavior in the telecom industry.

  • July 5, 2007

    Italian Watchdog Probes Financial Sector

    The Italian Antitrust Authority has launched a probe into the country's banks and insurance companies over suspicions that the industry's corporate governance structure stifles competition in the financial markets.

  • July 3, 2007

    Italy Oil Tax Discourages Competition, EC Says

    The European Commission has taken Italy to task over allegedly offering lower tax rates to companies that produce regenerated lubricating oil.