antitrust
| 3:46PM 10/04/2010
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.
| 7:22AM 10/04/2010
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...
| 12:00PM 9/26/2010
On Friday, the Justice Department announced it had settled with six tech giants that had made anticompetitive agreements not to poach top employees from each other. That may have been an issue two years ago, but not now as a major talent war rages in Silicon Valley.
| 5:52AM 8/10/2010
Here's news from the business world and other money matters to watch out for Tuesday (last updated at 8:30 a.m. Eastern time):
New Program Rewards Snitches: Critics warn that a new federal program to reward whistle-blowers for tip-offs about potential misdeeds at U.S. corporations and banks is...
| 4:30PM 8/04/2010
Electronic book prices set by Apple, Inc. and Amazon.com, the leading eBook sellers, hurt smaller competitors and are unfair to consumers, says Connecticut Attorney General Richard Blumenthal in a letter he sent this week to the two companies.
The letters are a tool in Blumenthal's just-launched...
| 2:45AM 8/04/2010
After years of battle, the Federal Trade Commission plans to report details of an antitrust settlement with Intel on Wednesday.
| 2:00PM 8/03/2010
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.
| 10:26AM 7/27/2010
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.
| 8:25AM 7/07/2010
Internet giant 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.
| 11:50AM 6/07/2010
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.