The coalition of states that sued to block T-Mobile’s planned acquisition of Sprint made their closing arguments Wednesday to convince a federal judge that the $26.5 billion merger of third- and fourth-largest U.S. wireless carriers is anticompetitive and would raise prices for consumers.
Read moreThe Federal Trade Commission urged the Third Circuit Wednesday to revive claims that two drugmakers made improper reverse-payment settlements to preserve their monopoly on a blockbuster testosterone drug.
Read moreAmazon tycoon Jeff Bezos on Wednesday promised a new $1 billion investment in India, two days after authorities launched an antitrust investigation into the e-commerce giant.
Read moreThe Writers Guild of America can’t dodge an antitrust lawsuit by Hollywood talent agencies over an organized boycott on talent packaging deals, a federal judge has ruled.
Read moreA federal judge declined to block a California law that takes effect Wednesday barring “pay for play” settlements between brand-name and generic pharmaceutical companies, finding Big Pharma lobbyists failed to show how the law is unconstitutional or that it will cause irreparable harm.
Read moreNorthern California’s largest health care provider on Friday agreed to pay $575 million to settle antitrust and price gouging claims, capping a five-year legal fight with an influential union and the state.
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France’s competition authority has fined Google $167 million for abusing its dominant position on the market for advertising linked to web searches, the regulator announced Friday.
Read moreBritain’s competition watchdog on Wednesday signaled its willingness to push for stricter rules to counter Google and Facebook’s dominance of online advertising.
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As the high-profile antitrust trial on the T-Mobile-Sprint merger reaches a midway point, T-Mobile CEO John Legere testified Friday that the company could have to hike customer prices if T-Mobile’s $26.5 billion deal to buy Sprint falls through.
Read moreThe United States sued the National Association for College Admission Counseling, claiming it “restrain(s) competition between colleges and universities for the recruitment of first-year and transfer students, in federal court.
Read moreWading deep into the weeds of antitrust law, the European Court of Justice ruled Thursday that entities indirectly affected by price-fixing or other anticompetitive acts by a cartel – including government agencies – can demand compensation for their losses.
Read moreiMortgage Services claims in a federal antitrust complaint that the Louisiana Real Estate Appraisers Board conspires to restrict trade and commerce in the Louisiana real estate appraisal market.
Read moreInvestors’ securities fraud complaint against Sanderson Farms was properly dismissed, the Second Circuit ruled. The investors claimed that an underlying antitrust conspiracy to manipulate chicken prices resulted in false and misleading filings with the Securities and Exchange Commission but they did not provide sufficient details about the underlying acts or misstatements.
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A German T-Mobile executive insisted in federal court Tuesday that the company’s proposed $26.5 billion merger with Sprint is essential to build a wireless network that can make the largest two top U.S. carriers take notice.
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The antitrust trial over a contentious $26.5 billion mega-merger of telecommunication giants T-Mobile and Sprint kicked off Monday with witness testimony after a federal judge bypassed opening statements.
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A federal judge indicated Friday he’s likely to advance an antitrust lawsuit by Hollywood talent agencies who claim the Writers Guild of America is stifling competition by organizing a boycott over talent packaging deals.
Read moreCalifornia on Thursday settled a bid-rigging antitrust complaint against Denso Corp. and other auto parts makers for $23 million, Attorney General Xavier Becerra said.
Read moreForty-three plaintiffs accuse Occidental Petroleum and Anadarko Petroleum of conspiring to monopolize oil and gas leases in Laramie County, Wyo., to deprive landowners of fair compensation, in federal court.
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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.
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