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Latest competition law Stories

2010-01-19 09:47:00

Nearly 25,000 Ask Department of Justice to Block the Deal WASHINGTON, Jan. 19 /PRNewswire-USNewswire/ -- The members of the TicketDisaster.org coalition today announced that nearly 25,000 consumers have directly contacted the Department of Justice (DOJ), urging the Antitrust Division to listen to their collective voice and block the Ticketmaster-Live Nation merger. "This unprecedented groundswell of consumer outrage should make it loud and clear to the DOJ that consumers nationwide want...

2009-12-09 16:15:00

Fines Obtained In LCD Investigation Total More Than $860 Million WASHINGTON, Dec. 9 /PRNewswire-USNewswire/ -- A Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) producer and seller has agreed to plead guilty and pay $220 million in criminal fines for its role in a conspiracy to fix prices in the sale of liquid crystal display panels, the Department of Justice announced today. According to a one-count felony charge filed today in U.S. District Court in San Francisco, Chi Mei...

2009-11-09 17:28:00

WASHINGTON, Nov. 9 /PRNewswire-USNewswire/ -- Deputy Assistant Attorney General Molly Boast of the Department of Justice's Antitrust Division issued the following statement today after the European Commission (EC) issued a statement of objections regarding Oracle Corporation's proposed acquisition of Sun Microsystems Inc.: "After conducting a careful investigation of the proposed transaction between Oracle and Sun, the Department's Antitrust Division concluded that the merger is unlikely...

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2009-11-05 06:20:00

New York Attorney General Andrew Cuomo filed an antitrust lawsuit against Intel Corp. on Wednesday, accusing the world's largest chipmaker of threatening computer firms and paying billions in kickbacks to protect its market dominance. "Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market," said Cuomo in a statement. "Intel's actions not only unfairly restricted potential competitors, but also hurt average consumers who were robbed of better...

2009-10-08 10:13:00

WASHINGTON, Oct. 8 /PRNewswire-USNewswire/ -- The National Association of Ticket Brokers (NATB), the non-profit trade association dedicated to protecting consumers and the secondary ticket market, today released the following statement applauding the action of the Office of Fair Trading, the antitrust enforcement agency in the UK, to block the Ticketmaster/LiveNation merger, and urging US officials to follow their lead. "It doesn't matter what side of the pond you're on, this...

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2009-09-23 12:49:05

Google's $125 million settlement of a lawsuit that would give them the digital rights to millions of out-of-print books will be renegotiated after the U.S. Department of Justice ruled that the deal probably violates antitrust law, The Associated Press reported. Google representatives and lawyers for The Authors Guild, the Association of American Publishers and other plaintiffs met with senior Justice Department officials last Thursday and agreed to work with the government to resolve...

2009-09-22 17:00:00

RADNOR, Pa., Sept. 22 /PRNewswire/ -- The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Eastern District of Pennsylvania on behalf of purchasers of securities of Immucor, Inc. (Nasdaq: BLUD) ("Immucor" or the "Company") between October 19, 2005 and April 23, 2009 inclusive (the "Class Period"). This case is related to various...

2009-09-21 15:39:00

WASHINGTON, Sept. 21 /PRNewswire-USNewswire/ -- The following statement can be attributed to Jonathan Zuck of the Association for Competitive Technology: The European Commission's findings in the Intel antitrust case raise significant process concerns and threaten to undermine the ability of innovative companies to thrive in the European marketplace. While we look forward to reviewing the Commission's findings more thoroughly in the coming days, the growing questions about the process...

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2009-09-17 06:40:00

A $44.6 billion offer for Yahoo has put Microsoft before the European Union (EU) competition regulators, as the company tries to convince them that the deal would bring healthy competition to the market. "There are ongoing informal discussions between the European Commission and Microsoft and Yahoo on their search engine partnership," said a source familiar with the situation on Tuesday, without providing more details. Even though antitrust experts say the EU could still move forward with a...

2009-09-08 13:00:00

SAN FRANCISCO, Sept. 8 /PRNewswire-USNewswire/ -- The Open Book Alliance today filed a brief with the United States District Court for the Southern District of New York countering the proposed settlement between Google, the Association of American Publishers (AAP), and the Authors' Guild. The brief was written by noted antitrust attorney Gary Reback, who is co-founder of the Open Book Alliance. The brief said: "Google and the plaintiff publishers secretly negotiated for 29 months to...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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