Mexican billionaire Carlos Slim speaks during a news conference in Mexico City, Mexico January 27, 2017. REUTERS/Edgard Garrido Mexico’s telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line unit Telmex fro... More »
A woman walks past the London Stock Exchange building in the City of London, Britain, January 16 , 2017. REUTERS/Toby Melville London Stock Exchange (LSE.L) said its proposed merger with Deutsche Boerse AG (DB1Gn.DE) was unlikely to be approved by the European... More »
Investment consultants Mercer, Aon Hewitt and Willis Towers Watson said they had banded together to propose market changes that help them avoid a competition review by Britain’s regulator, but released no details. More »
The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc’s (ANTM.N) proposed $54 billion merger with smaller rival Cigna Corp ... More »
Mylan NV has agreed to pay $96.5 million to settle claims by drug purchasers that it delayed launching a generic version of Cephalon Inc’s narcolepsy drug Provigil in exchange for payment from Cephalon. More »
Argentina has loosened regulations to allow more competition in its telecoms sector and widen internet penetration, according to a decree published on Monday that the government hopes will attract billions of dollars in investments. More »
A Qualcomm sign is pictured in front of one of its many buildings in San Diego, California November 5, 2014. REUTERS/Mike Blake/File Photo South Korea’s antitrust regulator fined Qualcomm Inc 1.03 trillion won ($854 million) for what it called unfair business ... More »
Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange, December 10, 2012. REUTERS/Brendan McDermid Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acq... More »
A 3D printed Apple logo is seen in front of a displayed European Union flag in this illustration taken September 2, 2016. REUTERS/Dado Ruvic/Illustration Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that... More »
Telefonica Deutschland said on Sunday its supervisory board has appointed Markus Haas to lead the company from 2017, replacing chief executive Thorsten Dirks who announced in November he was leaving the telecoms firm. More »
EpiPen auto-injection epinephrine pens manufactured by Mylan NV pharmaceutical company for use by severe allergy sufferers are seen in Washington, U.S. August 24, 2016. REUTERS/Jim Bourg/File Photo The U.S. Senate Judiciary Committee urged federal antitrust re... More »
U.S. Democratic presidential nominee Hillary Clinton pauses as she speaks at a campaign event accompanied by vice presidential nominee Senator Tim Kaine in Pittsburgh, U.S., October 22, 2016. REUTERS/Carlos Barria Democratic presidential nominee Hillary Clinto... More »
AT&T Inc (T.N) may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telcommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed $85.4 billion d... More »
Signage that reads Time Warner is seen at the Time Warner Center in New York City, October 23, 2016. REUTERS/Stephanie Keith AT&T Inc’s (T.N) proposed $85 billion takeover of Time Warner Inc (TWX.N) generated skepticism among both Democrats and Republicans on ... More »
Switzerland’s financial watchdog FINMA has sanctioned Falcon Private Bank Ltd after it “seriously breached” money-laundering regulations over its handling of funds linked to scandal-hit Malaysian state investment fund 1MDB, FINMA said on Tuesday. More »
Abu Dhabi investor Aabar is at this time not divesting Zurch-based Falcon Private Bank, the chief executive of the Swiss wealth manager said on Tuesday. More »
U.S. Democratic presidential nominee Hillary Clinton boards her campaign plane in Charlotte, North Carolina, United States October 2, 2016. REUTERS/Brian Snyder U.S. presidential candidate Hillary Clinton on Monday will unveil a plan to make it easier for cons... More »
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. REUTERS/Pawel Kopczynski/Files EU antitrust regulators plan to order Alphabet’s (GOOGL.O) Google to stop paying financial incentives to smartph... More »
A Syngenta logo is pictured in their office in Singapore, February 12, 2016. REUTERS/Edgar Su/File Photo China National Chemical Corp (ChemChina) [CNNCC.UL] has sought antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta (SY... More »
Taro Pharmaceutical Industries Ltd and two of its senior officers received grand jury subpoenas last week in connection with a federal antitrust investigation into generic drug pricing, the company disclosed. More »
The logo of Didi Chuxing is seen at its headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo – RTX2GOMR The Chinese government said on Friday it was investigating two high-profile takeover proposals involving U.S. companies, the late... More »
SAN FRANCISCO A federal judge on Friday denied a motion by Uber Technologies Inc [UBER.UL] to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company’s chief executive. Spencer Meyer, a Connecticut passen... More »
BRUSSELS British companies planning mergers with EU peers will face more legal costs and regulatory hassles after Britain leaves the European Union as they will have to deal with two antitrust watchdogs, competition experts said. On the other hand, freed from ... More »
BRUSSELS U.S. hotel chain Marriott International (MAR.O) is on track to win unconditional EU antitrust approval for its cash and share purchase of Starwood Hotels and Resorts Worldwide Inc (HOT.N), a person familiar with the matter said on Tuesday. The deal, c... More »
LONDON Google (GOOGL.O) faces a record antitrust fine of around 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, British newspaper The Sunday Telegraph said. The European Union has accused Google of promoting its shopping servic... More »
BRUSSELS Viacom’s (VIAB.O) Paramount Pictures has offered EU regulators concessions aimed at averting a possible fine over geographical restrictions within Europe on movie licensing deals between Sky UK (SKYB.L) and six U.S. studios. The European Commission sa... More »
BRUSSELS – Warner Music Group and independent labels have urged EU regulators to fight Sony Corp’s bid to buy out Michael Jackson’s stake in its music publishing joint venture, saying the move gives Sony too much power. Sony last month signed a deal to acquire... More »
AMSTERDAM Europe’s antitrust chief said on Monday that she was looking closely at Google’s (GOOGL.O) deals with phone makers and operators, concerned that conditions related to its popular Android mobile operating system may be restricting competition. The com... More »
MOSCOW The Moscow Arbitration court on Monday rejected an appeal from Google and upheld a ruling that the U.S. firm broke anti-monopoly laws by abusing its dominant position with its Android mobile platform, Russia’s competition watchdog said. FAS, the watchdo... More »
FRANKFURT The vast troves of consumer data held by big Internet companies should be scrutinized in merger probes because they have a big impact on competition, the president of the German antitrust watchdog told a newspaper. “Until now, markets in which no mon... More »
BRUSSELS – NBCUniversal, Disney and four other U.S. studios together with Sky UK on Monday rebuffed European Union charges of anti-competitive movie-licensing deals in a crucial hearing ahead of a decision later this year. The companies’ defense at a three-day... More »
BRUSSELS EU antitrust regulators have dropped charges against 13 banks including Citigroup and Deutsche Bank for blocking exchanges from derivatives markets, but will continue their case against data company Markit and trade body ISDA. The European Commission ... More »
The U.S. Department of Justice is investigating whether Comcast Corp, the biggest U.S. cable TV provider, is hindering competition in cable advertising sales, a source told Reuters. The department’s Antitrust Division has sent documents known as civil investig... More »
BRUSSELS European regulators on Friday said they had approved U.S data center operator Equinix’s $3.7 billion purchase of Telecity Group on condition it sold off data centers in Amsterdam, Frankfurt and London. “With the ever growing economic importance of ‘cl... More »
MOSCOW Russia’s biggest search site Yandex said on Friday it had asked the European Commission to investigate Google’s practices in relation to its Android mobile operating system in the European Union. The new complaint could strengthen the case against Googl... More »
Dish Network Corp (DISH.O) said the proposed merger of Charter Communications and Time Warner Cable was not in the public interest, in a reply filed with the Federal Communications Commission. “The proposed merger is harmful for consumers, competition and inno... More »
Cablevision Systems Inc and Viacom Inc have settled an antitrust lawsuit in which Cablevision had accused Viacom of forcing distributors and subscribers to buy channels they did not want. Cablevision and Viacom are simultaneously entering into “mutually benefi... More »
NEW YORK Two former Rabobank [RABO.UL] traders from Britain are set to become the first defendants to face trial in the United States on charges stemming from a global investigation into whether various banks sought to manipulate the interest rate known as Lib... More »
MEXICO CITY Mexican telecoms regulator IFT said on Sunday that it will force Telmex to offer competitors better terms as it seeks to open up its local network, part of an effort to increase competition in a sector dominated by billionaire Carlos Slim. The move... More »
ZURICH The Swiss competition regulator has opened an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a string of manipulation probes. Switzerland’s WEKO watchdog said its investigatio... More »
BRUSSELS Hutchison Whampoa Ltd (0001.HK) on Friday sought EU approval for its 10.25-billion-pound ($15.82 billion) bid for Telefonica’s (TEF.MC) British mobile unit O2, the same day regulators unveiled a tougher approach towards mergers in the sector. The Euro... More »
WASHINGTON U.S. Federal Communications Commission on Friday started a non-binding 180-day countdown to review the proposed $56 billion merger of cable rivals Charter Communications Inc (CHTR.O) and Time Warner Cable Inc. (TWC.N) The FCC said it will collect th... More »
WASHINGTON Japan’s Nikkei media group won U.S. antitrust approval for its $1.3 billion purchase of the Financial Times from Britain’s Pearson PLC, the Federal Trade Commission said on Wednesday. The transaction was on the list of deals that the FTC and Justice... More »
LONDON Britain’s telecoms regulator is seriously considering a break up of dominant provider BT, after rivals accused it of abusing its market position and failing to invest in the broadband networks they rely on. Ofcom floated the idea of a forced separation ... More »
WASHINGTON/SAN FRANCISCO U.S. government antitrust regulators are looking into claims about whether Apple’s treatment of rival streaming music apps is illegal under antitrust law, according to three industry sources. Apple recently launched a new music streami... More »
SAO PAULO Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil’s currency market and will receive no punishment in the case, a local newspaper reported on Friday. The investigation, which involv... More »