Competition

  • June 29, 2006

    FERC Says No To Enron’s $120M Fee Request

    The Washington utility company that helped uncover an Enron Corp. conspiracy to manipulate energy markets will not have to pay Enron a $120 million contract termination fee, federal regulators have determined.

  • June 29, 2006

    Senate Rejects Net Neutrality Amendment

    Echoing an earlier vote by the U.S. House of Representatives, a Senate committee rejected an amendment to block phone and cable companies from restricting access to their high-speed Internet networks by giving preferential treatment to Internet sites.

  • June 29, 2006

    Big Pharma Lashes Out At Generic Competition

    Brand-name drug manufacturers, facing potentially billions of dollars in losses when their patent protection on drugs expires, are attempting to protect their market shares by slashing prices to undercut the generic competition--a move that has some accusing the pharmaceutical companies of predatory pricing.

  • June 29, 2006

    Class Action Targets BP In Propane Price Manipulation

    The first class action was filed against BP Products North America just one day after a former trader at the U.S. unit pled guilty to partaking in a scheme to manipulate the propane market.

  • June 29, 2006

    Telcos Nervously Eye Sweeping Industry Overhaul

    The European Commission proposed new regulations Thursday to promote competition in the telecommunications industry, inciting anxiety among telecom giants less than a week after E.C. director Neelie Kroes warned of a possible probe of the $338 billion industry.

  • June 29, 2006

    Mexico Enacts Antitrust Revisions

    Marking a turn in the road for Mexico’s antitrust watchdog, the country’s revamped competition guidelines became law this week after months of deliberation by lawmakers and lobbyists.

  • June 29, 2006

    In Surprising Twist, Chinese Antitrust Law Fails

    A Chinese anti-monopoly law long sought by U.S. and European businesses failed to pass China’s parliament Thursday, placing it back into a seemingly endless limbo that began nearly 20 years ago when it was first introduced.

  • June 29, 2006

    PhRMA Blasted Over Authorized Generics Study

    In the wake of a new study lauding the competitive effects of authorized generics, the Generic Pharmaceutical Association has issued a blistering statement calling into question the reliability of the report.

  • June 28, 2006

    Feds Oppose State Bills Over Legal-Services Market

    Rallying against lawmakers, the U.S. Department of Justice’s Antitrust Division and the Federal Trade Commission this week lashed out against proposed legislation that seeks to curb non-lawyers from competing with licensed attorneys in the real estate industry in New York state, saying the move is not in the best interest of consumers.

  • June 28, 2006

    E.C. Confirms New Structure For Antitrust Fines

    The European Commission’s antitrust commissioner has confirmed that harsh new penalties are on the horizon for companies that violate the continent’s competition laws, and provided details about how new procedural changes will make that happen.

  • June 28, 2006

    DOJ Defies Constitution In KPMG Case, Judge Says

    In a decision that could affect future white collar cases, a district court judge in Manhattan ruled Tuesday that the government violated the constitutional rights of former KPMG LLP partners by pressuring the firm to not pay their legal fees.

  • June 28, 2006

    Court To Rule On Baby Bell Mergers

    A federal court in Washington, D.C. will decide whether or not to approve the settlements that paved the way for the AT&T/SBC and MCI/Verizon mergers in a hearing scheduled for next month.

  • June 28, 2006

    Senate Committee To Investigate Interchange Fees

    The Senate Judiciary Committee plans to dive into a heated debate over credit card interchange rates and potential antitrust concerns at an upcoming hearing.

  • June 28, 2006

    Riled By Schering-Plough Case, Senators Introduce Bill

    Four top Senate judiciary committee members are taking matters into their own hands and introducing legislation to prohibit brand-name drug makers from paying rivals to keep generic drugs off the market.

  • June 28, 2006

    Vehicle Auctioneers Settle Patent, Antitrust Claims

    Two U.S. vehicle auctioneers have resolved a dispute over patent infringement allegations fueled by an online auction system and alleged antitrust violations in the vehicle auction market.

  • June 27, 2006

    Impotence Drug Price-Fixing Investigated

    A Swiss competition administration has begun an investigation into three major drug producers that authorities believe may be fixing prices for impotence drugs.

  • June 27, 2006

    Microsoft To Face More Steep Fines From E.C.

    In the latest development in a long-running battle that has already cost Microsoft Corp. €497 million in fines, European antitrust authorities are expected to levy yet another staggering fine against the software giant, according to published reports.

  • June 27, 2006

    Court OKs Adelphia Asset Sale To One-Time Rivals

    After weeks of wrangling, Adelphia Communications Corp. has finally received permission to sell its assets to Time Warner Corp. and Comcast Corp.

  • June 27, 2006

    McClatchy Must Sell Pioneer Press: DOJ Lawsuit

    As McClatchy Co. and Knight-Ridder Inc. inch towards their multi-billion dollar merger, the U.S. Department of Justice said in a civil antitrust lawsuit filed this week that it will require the merged publishing company to divest the St. Paul Pioneer Press in order to preserve local competition.

  • June 27, 2006

    E.U. To Increase Antitrust Fines

    The European Union’s antitrust watchdog Wednesday is set to revise guidelines for calculating fines, a move that will dramatically increase potential damages for the most prolific violators, according to a Commission insider.