The British Labour Party’s latest plan for public ownership of big industries sent shivers through the telecom sector Friday with an electoral promise to nationalize part of the former phone monopoly BT to provide free fiber optic broadband.
Read moreSeven months after BB&T and SunTrust announced plans to merge, the Justice Department cleared them a path Friday that requires one of the largest divestitures in a bank merger in the last decade.
Read moreFalconer Pharmacy filed an antitrust class action against Surescripts, RelayHealth, and Allscripts Healthcare Solutions in federal court, claiming they conspired to monopolize the markets for electronic prescription routing and eligibility, inflating prices.
Read moreStruggling to soothe antitrust and privacy concerns over the wallet app designed for Facebook’s digital currency Libra, CEO Mark Zuckerberg found few friendly faces Wednesday at a hearing of the House Financial Services Committee.
Read moreBaltimore and 15 other cities, counties and water authorities sued Brenntag North America for $16 million in federal court, claiming it conspired to fix the price of aluminum sulfate, used in water purification.
Read moreOn the eve of a months-long jury trial, California and Sutter Health reached a settlement in principle Wednesday to resolve antitrust claims against Northern California’s largest health care provider.
Read moreLawmakers investigating the market dominance of Big Tech say they’ve received part of the information they requested from Google, Facebook, Amazon and Apple, and expect to get the rest soon.
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The EU’s powerful antitrust authority on Wednesday ordered U.S. chipmaker Broadcom to immediately halt uncompetitive sales practices, in an unprecedented salvo against U.S. big tech.
Read moreUnited Healthcare Services claims in a federal antitrust complaint that Actavis, Apotex, Mylan and more than a dozen other companies conspired to fix the price of generic drugs.
Read moreSix dentists’ offices filed separate federal antitrust complaints against Delta Dental Insurance Co. and its affiliates in all 50 states.
Read moreBNSF Railway, Norfolk Southern Railway, CST Transportation and Union Pacific Railroad have been sued 29 times this week, around the country, in antitrust complaints accusing them of fixing prices on freight charges.
Read moreMotiva Enterprises claims BNSF Railway, CSX Transportation, Norfolk Southern Railway, and Union Pacific Railroad “made billions of dollars by fixing prices for fuel surcharges from July 2003 to Dec. 31, 2008,” in federal court.
Read moreThe Louisiana attorney general claims in federal court that Bank of America, Barclays Bank, CitiGroup, Deutsche Bank, et al. conspired “to fix the prices of unsecured debt issued by government sponsored entities,” including Fannie Mae, Freddie Mac, and Federal Home Loan Banks.
Read moreThe European General Court ruled Tuesday that HSBC does not have to pay a $37 million fine brought by antitrust regulators who found that the London-based bank and several other financial institutions worked together to manipulate prices on the EU futures market.
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Amazon, Apple, Google and Facebook were asked by members of the U.S. House of Representatives Friday to fork over documents that could aid the politicians in their investigation of Big Tech’s market dominance.
Read moreTuna giant Starkist must pay a $100 million criminal fine for conspiring to fix packaged seafood prices, a federal judge ruled Wednesday, despite arguments it could bankrupt the company or cause its employees to lose jobs.
Read moreRelevent Sports sued the U.S. Soccer Federation in a federal antitrust complaint, claiming it conspired with the sport’s international governing body, FIFA, to boycott professional soccer clubs that have not been sanctioned by the federation.
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