antitrust

FTC Clears Bayer's Purchase of Conceptus

The German drug company Bayer AG has received antitrust clearance from the Federal Trade Commission for its approximately $1.1 billion acquisition of Conceptus.

What If AT&T's T-Mobile Buyout Gets Shot Down?

Regulators have begun to take a long, hard look at whether the AT&T buyout of T-Mobile would create a quasi-monopoly in the American cellular carrier industry. If those antitrust concerns sink the deal, AT&T could be in real trouble, because cellular is its only clear hope for growth.

Steve Jobs Ordered to Testify in iTunes Antitrust Case

Apple CEO Steve Jobs has been ordered by a federal judge to answer questions in an iTunes antitrust lawsuit, according to Reuters. Jobs will respond to allegations that Apple designed its software in a way that prevented competitor RealNetworks' music files from playing on iPods.

Why Groupon Said 'No' to Google

When Google reportedly offered to buy Groupon for $6 billion, board members stood to make millions of dollars each. Co-founders Brad Keywell and Eric Lefkofsky could have walked away with $2.4 billion between them. So why did the No. 1 group-buying site reportedly say "no" to Google?

European Regulators Raid Drugmakers in Collusion Probe

European antitrust officials raided drug makers including AstraZeneca Plc (AZN) as part of an investigation into possible collusion to keep cheap generic medicine off the shelves. The European Commission said it raided a "limited number" of pharmaceutical companies that may have obstructed the sale of generic medicines Bloomberg News said.

In Europe, a Closer Antitrust Look at Google

The EC says its launching a formal, in-depth investigation into Google's treatment of search rivals, setting the stage for yet another potential legal entanglement over whether Google is unfairly taking advantage of its dominant market position.

Amex Sued by Feds for Anticompetitive Merchant Rules

The Justice Department filed an antitrust lawsuit against American Express Monday, alleging that the financial institution has been engaging in anticompetitive practices. Justice also said it reached a proposed settlement with Visa and MasterCard over similar charges.

Visa, MasterCard Close to Antitrust Settlement

Visa (V) and MasterCard (MA) are close to settling an antitrust case with the Justice Department over credit-card acceptance rules, The Wall Street Journal reported. The settlement could allow merchants to steer customers towards cheaper forms of payment, a setback for a credit card industry that is already gearing up for new regulation, The Wall Street Journal said without naming its sources.

Amazon, Apple Targeted in E-Book Antitrust Probe

E-readers like the Kindle and Nook may be on a rapid descent toward rock-bottom prices, but what about the prices of e-books? According to Connecticut Attorney General Richard Blumenthal, they are too high, too uniform, and look too much like a violation of antitrust practices.

Yahoo Japan Teams Up With Google Search

Yahoo Japan is hooking up with Google to handle its search and paid-search advertising, carrying off a partnership that eluded U.S.-based Yahoo, and delivering a blow to Microsoft's efforts to increase the reach of its Bing search engine.

Google Faces New EU Antitrust Allegations

Google once again finds itself on the radar of the European Union's antitrust agency, which now is looking at allegations that the search engine demotes rivals' sites in search results.

Cerberus Sells Talecris for $3.4 Billion

Spain may be embroiled in a credit crisis, but that hasn't stopped some of its companies from striking big deals. Take Grifols SA: The medical products developer has agreed to shell out $3.4 billion to acquire Talecris Biotherapeutics Holdings from private-equity firm Cerberus.