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Latest competition law Stories

2013-03-15 23:04:29

The independent drugstore lobby is again seeking special antitrust exemptions (HR 1188) that would empower independent drugstores to charge consumers, employers, unions, and government agencies higher prescription drug prices, the Pharmaceutical Care Management Association (PCMA) said today. Washington, DC (PRWEB) March 15, 2013 The independent drugstore lobby is again seeking special antitrust exemptions (HR 1188) that would empower independent drugstores to charge consumers, employers,...

Microsoft Fined $732 Million For Antitrust Violations In Europe
2013-03-06 13:09:44

Enid Burns for redOrbit.com — Your Universe Online Tech giant Microsoft has been handed, and apparently accepted, a giant-sized fine by the European Union (EU) for failing to offer users a choice of browsers on its Windows operating system (OS), breaking a legally binding commitment that had been in place since 2009. As a result the European Commission has fined Microsoft $732 million US. The announcement was made Wednesday by Joaquin Almunia, the European Commission´s top...

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2012-08-13 15:57:25

Enid Burns for redOrbit.com - Your Universe Online Google can add India to the list of countries where it's under investigation for antitrust issues. The Competition Commission of India (CCI) received information about violations of an Indian competition rule, Reuters Reports. The case against Google was filed by R.P.N. Singh, minister of state for corporate affairs in India. Details of the allegations were not disclosed. Google spokesperson Paroma Roy Chowdhury sent a statement to...

Google One Step Closer To Antitrust Agreement
2012-07-26 09:49:41

Derek Walter for redOrbit.com - Your Universe Online Google and the European Union may be closer to an agreement that would avoid a long and costly litigation fight over antitrust allegations. At issue is whether or not Google used its search dominance to give its own products an unfair advantage over competitors, according to the New York Times. The European competition commissioner, Joaquin Almunia, had asked Google in May to make concessions within its products or face official...

Optical Drive Makers Turn To Cartel To Keep Their Business Afloat
2012-07-25 05:47:16

Michael Harper for redOrbit.com — Your Universe Online The European Commission has just sent out 13 Statement of Objection letters to members of an alleged CD and DVD drive cartel. The European Commission has informed these optical drive companies that they may have infringed against some EU antitrust regulations by participating in a cartel with members from all over the world. The European Commission says they have “concerns” that 2 large companies may have organized...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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