Latest antitrust Stories

2011-05-13 06:20:00

In 1998, the powerhouse known as Microsoft was accused of breaking antitrust law by the US Justice Department. Fast forward 13 years later, and the expiration of the antitrust settlement against the software company passed with little notice on Thursday. In the 13 years since, Apple has gone from having just a small slice of the PC market to dominating the mobile media market. And Google, barely in existence in 1998, is now the top Internet search and online advertising business in the...

2010-05-26 11:33:29

The New York Times reported that the Justice Department is looking into Apple Inc.'s tactics in the market for digital music and has talked to major music labels and Internet music firms. The newspaper said, citing several people briefed on the conversations, that the antitrust inquiry is in the early stages and the conversations have revolved broadly around the dynamics of selling digital music. However, the New York Times' sources said that the investigators had asked about recent...

2009-07-25 20:12:09

A top U.S. antitrust official is getting resistance within the Obama administration to her efforts to expand antitrust enforcement, officials and analysts say. Christine Varney, who heads the antitrust division in the Department of Justice, has been looking into antitrust issues involving the telecommunications, pharmaceutical, agricultural, financial and travel industries. But she has run into resistance from other administration officials and members of Congress, The New York Times reported...

2005-09-26 12:08:03

WASHINGTON (Reuters) - A Connecticut hedge fund manager has agreed to pay $350,000 to settle charges that he violated pre-merger reporting requirements in acquiring substantial stakes in two companies, the U.S. Department of Justice said on Monday. A civil complaint by the department's Antitrust Division charged that Scott Sacane of South Norwalk, Connecticut, failed to apply for antitrust clearance for the investments made in 2003 through the Durus Life Science Master Fund that he...

Word of the Day
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.