Competition

  • January 2, 2008

    AGs Lack Evidence To Extend Oversight: Microsoft

    As it fights off a move from various state attorneys general seeking to extend antitrust oversight, Microsoft Corp. said Friday that the states had failed to present enough evidence to show that such an extension is necessary.

  • January 2, 2008

    Travelers Cos. Settles Bid-Rigging Claims

    Travelers Companies Inc. agreed to pay $6 million to a multistate task force to resolve allegations that the company was involved in a bid-rigging and price-fixing plot in the commercial insurance market, the company and the Florida attorney general revealed Monday.

  • January 2, 2008

    Intel Auto-Delete System Under Fire In Antitrust Suit

    Plaintiffs in an antitrust suit against Intel Corp. have moved for an order forcing Intel to reveal whether an “auto-delete” function that rids e-mails from the company's computer system was ever disabled.

  • January 2, 2008

    Drug Giants Probed Over U.N. Oil-For-Food Kickbacks

    Three big drug makers have reportedly been ordered to produce confidential documents to the U.K. anti-fraud agency as part of its investigation into alleged kickbacks paid to Saddam Hussein's regime during the United Nation's oil-for-food program.

  • January 2, 2008

    Energy Cos. Seek To Bar State Antitrust Claim

    The energy giants accused of conspiring to raise and fix wholesale natural gas prices are pressing a federal court to bar the Wisconsin plaintiffs in the multidistrict litigation from bringing a claim under state antitrust laws.

  • January 1, 2008

    Competition Legislation To Watch In 2008

    U.S. legislators put several antitrust laws under the legal microscope in 2007, thanks to several precedent-setting Supreme Court decisions and the much-anticipated release of a three-year government study on modernizing competition laws. But as the presidential elections near, few antitrust experts believe any major reforms will be implemented in 2008.

  • December 20, 2007

    France Fines Toy Makers For Christmas Price-Fixing

    France's competition authority, the Conseil de la Concurrence, has hit five toy manufacturers and three toy distributors with €37 million ($53.16 million) in fines for allegedly fixing the resale prices of Christmas toys.

  • December 20, 2007

    Open-Source Software Outfit Gets Microsoft Protocols

    Microsoft Corp. has entered into an agreement with the Protocol Freedom Information Foundation, which will allow the foundation to provide detailed information on Microsoft protocols to help software developers write code that works with Microsoft operating systems.

  • December 20, 2007

    Google-DoubleClick Merger Gets FTC Blessing

    The Federal Trade Commission approved Google Inc.’s $3 billion takeover of advertising firm DoubleClick Inc. on Thursday, finding that the privacy concerns the proposed merger has sparked are not unique to the two Internet companies.

  • December 20, 2007

    Plaintiffs Appeal Average Wholesale Price Ruling

    The plaintiffs in the massive multidistrict litigation over average wholesale drug prices told a district judge on Wednesday that they are appealing her November order in the case, which let two of four defendants off the hook without damages.

  • December 20, 2007

    U.K. Regulator Recommends BSkyB Sells Off Shares

    The U.K. Competition Commission has recommended that Rupert Murdoch-owned British Sky Broadcasting Group Plc lower its stake in television company ITV plc to below 7.5% instead of 17.9% in order to preserve competition.

  • December 20, 2007

    Court Tosses Short Sale Antitrust Suit Against Banks

    A federal judge has dismissed an antitrust class action against 11 of the largest investment banks in the United States alleging a conspiracy to charge exorbitant and unjustified fees for so-called naked short selling.

  • December 20, 2007

    Akzo Settles Oil-For-Food Charges

    Dutch company Akzo Nobel NV has agreed to pay up to $3.75 million to settle allegations that two of its subsidiaries paid illegal kickbacks to the Iraqi government under the United Nations' scandal-plagued oil-for-food program.

  • December 20, 2007

    Judge Tosses Acrylic Glass Antitrust Case

    In a setback for plaintiffs in the methyl methacrylate antitrust action, a federal judge has dismissed their consolidated case after finding some cracks in their allegations that a group of chemical companies conspired to fix prices of acrylic glass and plastics.

  • December 19, 2007

    Investment Fund To Cough Up $1.1M In Merger Case

    California investment fund ValueAct Capital Partners LP will pay $1.1 million to settle allegations from the U.S. Department of Justice that it violated premerger reporting requirements.

  • December 19, 2007

    WTO Slams U.S. Over Cotton Subsidies

    The war of words between the United States and the World Trade Organization over cotton subsidies continues to rage, with the WTO confirming its earlier ruling that the U.S. is helping to keep cotton farmers in extreme poverty by issuing anti-competitive subsidies that cause the price of cotton to plummet.

  • December 19, 2007

    U.K. OFT Charges Three In Marine Hose Conspiracy

    The United Kingdom’s competition regulator has filed criminal charges against the same three men who last week pled guilty in the United States to charges of participating in an illegal marine hose cartel.

  • December 19, 2007

    170 Cos. File Deficient Forms For FCC Spectrum Bids

    Verizon Wireless, Chevron USA Inc. and Qualcomm Inc. were among the diverse group of 170 companies that must complete applications with the Federal Communications Commission to take part in a January auction for highly coveted airwave spectrum.

  • December 19, 2007

    MasterCard Objects To EU's Interchange Fee Ruling

    Unhappy with a ruling that would force it to reverse a 40-year-old practice of charging retailers for international payments, MasterCard Inc. said on Wednesday that it will appeal the European Commission's decision that “interchange fees” are illegal and anti-competitive.

  • December 18, 2007

    Appeal May Be Upcoming In Label Market MDL

    A group of defendants accused of restraining trade in the market for pressure-sensitive labelstock is looking to appeal a district court's decision to grant class certification in the case.