Jury Finds No Conspiracy to Fix Ramen Prices
After a five-week trial, a federal jury has found no proof two major South Korean ramen makers conspired to illegally fix noodle prices in Korea and the United States.
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Accused of Coordinating Ad Rates, Nexstar Settles With US
A month to the day that six television networks settled similar charges, Nexstar Media Group struck a deal Thursday to resolve antitrust concerns by U.S. regulators.
Read moreNo Damages for Cartel in EU Speedy-Trial Fight
Europe’s highest court voided court-ordered damages against the EU on Thursday over speedy trial issues, finding the companies fighting antitrust fines cannot expect to be reimbursed for surety costs when they could have paid the fines instead.
Read moreAntitrust
Sawbill Companies claims in a federal antitrust complaint that Jeld-Wen and Masonite, which dominate the interior molded door market, conspire to fix prices and have already lost a $56 million antitrust lawsuit because of it.
Read moreEU Court Cuts Big Pharma Fine Over Heart Drugs
While the French maker of medication to treat high blood pressure made illegal agreements with other pharmaceutical companies to keep a generic version of the drug off the market, the European General Court found abuse of dominant position hadn’t been proven and cut the fine by $117 million Wednesday.
Read moreDrug Antitrust
A federal judge refused to dismiss the Rochester Drug Cooperative’s claim that Johnson & Johnson violated more than a dozen states’ consumer-protection laws by monopolizing the market for Remicade, an arthritis drug, via exclusive agreements and coercive bundled rebates.
Read moreAntitrust Challenge to AT&T-Time Warner Merger Circles Drain
The Justice Department faced an uphill battle Thursday in its bid to have the D.C. Circuit block the $85 million merger of AT&T and Time Warner after a federal judge approved it unconditionally.
Read moreGerman Antitrust Agency Opens Amazon Investigation
Germany’s antitrust agency said Thursday it has begun an investigation of online retailer Amazon over complaints it’s abusing its position to the detriment of sellers who use its “marketplace” platform.
Read moreApple Stumbles at High Court Hearing on App Store Prices
The Supreme Court appeared sympathetic Monday to a group of iPhone owners who accuse Apple of monopolizing the market for apps on its ubiquitous smartphones.
Read moreJustice Department, Atrium Health Settle Antitrust Lawsuit
The Justice Department said Thursday that its has settled a 2016 lawsuit against Atrium Health in which it accused the health care giant of colluding with insurers to boost is profits through higher prices.
Read moreBeer Giants Defend Canadian Deals in Seventh Circuit
The Seventh Circuit weighed the reach of U.S. antitrust laws Friday in a case accusing Anheuser-Busch and Molson Coors of making secret deals with Canadian authorities to promote sales of their beer at the expense of small breweries.
Read morePress Advocates File Brief in AT&T-Time Warner Case
An advocacy group for journalists claims in a friend-of-the-court brief filed Wednesday in a case involving AT&T’s planned acquisition of Time Warner that a judge’s denial of requests for Trump administration correspondence on the matter could impair media outlets’ future efforts to defend themselves against White House interference.
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Sprint Shareholders Sue for More Info on $59 Billion T-Mobile Deal
(CN) – Shareholders claim in a class action that the acquisition of Sprint by rival T-Mobile for an estimated $59
Read moreGoogle Appeals $5 Billion EU Fine in Android Antitrust Case
Google is appealing a record $5 billion antitrust fine by European Union authorities, who say the tech giant abused the dominance of its Android operating system to stifle competitors.
Read moreMerger of United Technologies, Rockwell Collins Gets Go-Ahead
Aerospace giant United Technologies Corporation can pay $30 billion to acquire Rockwell Collins, but not without divesting two of the latter’s businesses, the Justice Department concluded Monday.
Read moreFTC Blocks Merger
The FTC blocked a merger Monday between two large providers of marine water treatment chemicals and related services — the Drew Marine Group and Wilhelmsen Maritime Services dba Resolute Fund II — finding that it would reduce competition.
Read moreClass Certified in Qualcomm Chipset Antitrust Action
A federal judge late Thursday certified a class of consumers suing tech giant Qualcomm on claims they paid more for smartphones because the company jacked up the price of chipsets, a key component in cellular communications.
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