antitrust

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This $69B Deal May Reshape Health Care as We Know It

Proposed CVS-Aetna merger is approved by the DOJ

(Newser) - On Wednesday, CVS all but "cemented the deal" to buy Aetna for $69 billion, by scoring the Justice Department's preliminary approval of the deal, reports CNBC . With that green light comes a condition: that Aetna complete its plan to unload its Medicare Part D prescription drug plan business,...

Key Order Floats Around White House, 'Author Unknown'

The document would trigger a federal crackdown on Silicon Valley

(Newser) - President Trump is about to hit America's tech giants with federal antitrust probes, if a newly leaked document holds any water—and it may not hold any water at all, the Washington Post reports. Revealed Friday by Bloomberg , the draft executive order would empower federal agencies to investigate Google,...

Collusion Accusations Hit Telecom's 2 Biggest Firms

Verizon, AT&T being investigated by DOJ for possibly suppressing SIM card technology

(Newser) - The word "collusion" is being bandied about again, but this time it involves the world of telecommunications, not DC . Verizon, AT&T, and standards group GSMA tell the AP the Justice Department has opened up an antitrust probe to see if they worked together to make it more difficult...

Roger Stone Vows Legal Action After Twitter Suspension

He blames censorship by 'tech left'

(Newser) - Roger Stone has been suspended from Twitter —and he says it's a move that the site will bitterly regret. "They will soon learn they have bitten off more than they can chew," the outspoken President Trump ally tells New York . Stone says he plans to bring...

News Outlets Seek Unusual Power in Online Ad Negotiaions

Alliance wants antitrust exemption to negotiate with Facebook, Google

(Newser) - News outlets are seeking permission from Congress for the right to negotiate jointly with Google and Facebook, two companies that dominate online advertising and online news traffic. The News Media Alliance, which represents nearly 2,000 news organizations, said the two companies' dominance have forced news organizations to "play...

Google Hit With $2.7B Fine in EU's 'Worst-Kept Secret'

Competition chief Margrethe Vestager says tech giant violated antitrust rules

(Newser) - Don't mess with Margrethe Vestager, even if you're Google. The tech giant found that out Tuesday when, in what Bloomberg calls "the worst-kept secret in Brussels," Europe's competition chief hit it with a $2.7 billion antitrust fine—the largest ever in this kind of...

AT&T Pondering Huge 'Land Grab' Media Merger

Sources say firm is in talks with Time Warner

(Newser) - A new communications behemoth may be emerging soon: Insiders tell Bloomberg that over the last few weeks, senior execs from AT&T and Time Warner have been discussing strategies including a possible merger. Reuters notes that telecom companies like AT&T have been making a "land grab" for media...

$48B Health Care Deal Could 'Reshape Industry'

Anthem-Cigna news comes just weeks after Aetna-Humana announcement

(Newser) - In a deal that the Wall Street Journal says could "reshape the US health industry," Anthem has agreed to buy Cigna for more than $48 billion—forming a combined entity that will cover more than 53 million people. Just weeks after Aetna announced it plans to acquire Humana...

EU Goes After 6 Hollywood Studios

Disney, Paramount, 4 other studios accused of blocking Sky in antitrust filing

(Newser) - The European Union has launched an antitrust case against six major US movie studios, including Disney and Warner Bros, and British satellite broadcaster Sky UK for restricting access across the 28-country bloc. In a statement today, the executive Commission, which assesses antitrust matters for the EU, said it has sent...

EU vs. Google Officially Begins
 It's On: EU Goes After Google 
Apr 15, 2015 7:42 AM CDT

It's On: EU Goes After Google

Statement of objections issued today

(Newser) - As expected , the EU today made it official: It is going after Google, which was today hit with the first formal antitrust charges it's ever faced, the Wall Street Journal reports. EU regulators also opened a probe into its Android mobile system. Regulators allege that since 2008, Google has...

Europe Is Going After Google
 Europe Is Going After Google 
Apr 14, 2015 4:05 PM CDT

Europe Is Going After Google

EU to begin antitrust case, say reports

(Newser) - Google is about to have a very big and very expensive fight on its hands. The Wall Street Journal reports that Europe's antitrust regulator has decided to file formal charges, which could "theoretically" result in penalties of up to $6 billion. The EU's antitrust chief, Margrethe Vestager,...

EU Parliament Says It's Time to Break Up Google

Nonbinding move calls for search to be separated from other services

(Newser) - Europe's parliament has made a statement with a nonbinding vote: Google, the body says, needs to be divided. The European Parliament doesn't actually have power over antitrust matters, the New York Times reports, but the vote says that the EU's competition commissioner should "consider proposals aimed...

On What Planet Is the Comcast Merger OK?
On What Planet Is
the Comcast Merger OK?
OPINION
Feb 17, 2014 12:44 PM CST

On What Planet Is the Comcast Merger OK?

Paul Krugman thinks we've gotten too complacent about monopolies

(Newser) - Paul Krugman has just two questions about Comcast's deal to buy Time Warner . "First, why would we even think about letting it go through?" he asks in the New York Times . "Second, when and why did we stop worrying about monopoly power?" The broadband industry is already...

Google May Change Search Results to Settle EU Case

It would depict competing services equally, at least in Europe

(Newser) - The European Union's antitrust watchdog today accepted "far-reaching" concessions offered by Google to settle allegations it is abusing its dominant position in Internet searches, bringing the 3-year-old case close to an end. Google would significantly change the ways it displays some search results in Europe in favor of...

Feds to Let American, US Airways Merge

World's biggest airline will give up runway space, flights in key cities

(Newser) - The feds have agreed to allow American Airlines and US Airways to merge, a move that will create the world's biggest airline. The Justice Department agreement requires the airlines to scale back the size of the merger at Washington's Reagan National Airport and in other big cities, and...

Behind Microsoft's $732M Fine: Snitch Named Google

EU competition watchdog levies heavy penalty to 'punish and deter'

(Newser) - Microsoft got thumped with a $732 million fine issued by the EU antitrust enforcer yesterday for violating the terms of a 2009 deal—thanks to Google and Opera, reports the Financial Times . Microsoft had then promised to offer consumers a choice of Internet browser instead of making Explorer Windows' automatic...

Feds Sue to Stop Merger of Bud, Corona

Anheuser-Busch InBev seeks a deal with Mexico's Grupo Modelo

(Newser) - The Justice Department filed a lawsuit today to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona. The government said the deal could lead to higher beer prices in the US because it...

Feds Clear Google of Search Bias

Company will make some voluntary changes to its practices

(Newser) - Google is resolving the FTC's antitrust probe into its business practices today after 19 months, the AP reports. As part of the settlement, Google will voluntarily license patents deemed "essential" to its rivals in the mobile phone industry, including Apple, Research in Motion, and Microsoft. The investigation was...

Feds Suspect Cable Firms of Stifling Online Videos

DoJ conducting antitrust probe, sources say

(Newser) - Federal authorities suspect cable companies worried about competition from online video have acted improperly to quash their emerging rivals, sources tell the Wall Street Journal . The Department of Justice has opened a wide-ranging investigation, and officials have spoken to online video providers and cable companies, including Time Warner and Comcast,...

Google Gets Europe's OK to Buy Motorola

But regulators in EU, United States will monitor for antitrust

(Newser) - Google's $12.5 billion takeover of Motorola Mobility Holdings, announced last August , finally cleared regulators in Europe and the United States yesterday, reports Reuters . But as Motorola owns so many patents that are vital to the telecommunications industry, regulators said they would monitor Google to ensure it continued to...

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