antitrust

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Intel to Pay AMD $1.25B
 Intel to Pay AMD $1.25B 
ANTITRUST SETTLEMENT

Intel to Pay AMD $1.25B

Payment settles all antitrust and patent suits

(Newser) - Intel says it is paying AMD, its largest rival in the computer chip market, $1.25 billion to settle all antitrust and patent suits, and has agreed to abide by a set of "business practice provisions." In return, AMD, which had been complaining to regulators for five years...

Cuomo Slaps Intel With Antitrust Suit

Says chipmaker paid kickbacks, strongarmed manufacturers

(Newser) - New York Attorney General Andrew Cuomo filed an antitrust suit against Intel today, accusing it of “a worldwide, systematic campaign of illegal conduct.” Cuomo says Intel paid computer manufacturers billions in kickbacks provided they didn’t produce computers with rival chips. The money was disguised as “rebates,...

Feds Tear Into Ticketmaster Merger

Antitrust officials weigh concessions for Live Nation deal to pass

(Newser) - Concerned Justice Department are considering blocking a deal that would create a music industry behemoth—unless major concessions are made. Antitrust officials are worried about the effect the proposed Ticketmaster-Live Nation merger would have on consumer cost and may require the companies to make major concessions, insiders tell the Wall ...

Dems Lash Out at Insurance Industry

They move to eliminate anti-trust exemption

(Newser) - All-out war broke out between the Democrats and the insurers today, with Chuck Schumer calling for an amendment to the health care bill that would remove the industry’s long-standing anti-trust immunity. Schumer called the exemption “one of the worst accidents of American history,” blaming it in part...

Federal Court Ruling Shakes Up Cable Industry

FCC limit doesn't take into account other sources of competition, court rules

(Newser) - In a decision that could revolutionize the communications industry, a federal appeals court has struck down an FCC rule prohibiting a cable TV company from serving more than 30% of the market, Reuters reports. The court declared the rule "arbitrary and capricious,” noting that cable operators face competition...

Steve Jobs Is a Controlling Jerk
 Steve Jobs Is a 
 Controlling Jerk 
OPINION

Steve Jobs Is a Controlling Jerk

Mahalo's founder explains how he fell out of love with Apple

(Newser) - Jason Calacanis, a man who owns $20,000 worth of Apple products, has had it with Apple. In a lengthy blog post, the Mahalo founder says Apple’s become an anti-competitive bully. Steve Jobs, once “our LSD-taking, radical free-thinking and fight the power hero,” has become “the...

To Appease EU, Microsoft Offers Browser Choice With Windows 7

Company allows rivals, settles antitrust case

(Newser) - Microsoft will offer a choice of web browsers to European users of the new Windows 7 operating system to avoid an antitrust fine, Bloomberg reports. “When you’re looking at ongoing fines in a downturn, it makes more sense to settle,” one analyst says. The EU says the...

Justice Dept. to Launch Antitrust Review of Telecoms

(Newser) - The Obama administration is looking into the country’s top telecom companies, including AT&T and Verizon, to determine whether they’ve abused their market power with anti-competitive actions, sources tell the Wall Street Journal. The Justice Department is concerned that, among other things, the big players are locking out...

Feds Step Up Antitrust Probe of Google Books Deal

Antitrust investigation focuses on Google's settlement with publishers

(Newser) - Justice Department investigators have intensified their probe into a deal Google made with publishers last year to put millions of books online, the Wall Street Journal reports. Publishers have been formally asked to provide information relating to the deal, which critics charge violates antitrust laws by giving Google an effective...

Papers Can't Ask for Bailout, Seek Rule Change Instead

Handout would violate journos' watchdog role

(Newser) - With the industry in dire straits, some in the journalism business want government help—but they’re not looking for a financial bailout, Reuters reports. “That is so clearly contrary to what our role is as a watchdog that it’s just not acceptable,” said a former newspaper...

EU Going After Microsoft, Again
 EU Going After Microsoft, Again 

EU Going After Microsoft, Again

(Newser) - European Union regulators are taking yet another shot at Microsoft, and this time they’re hoping to do more than fine the software giant, the Wall Street Journal reports. Their latest strategy: forcing Microsoft to bundle alternative web browsers with Windows, thereby diluting Internet Explorer’s inherent advantage. They may...

EU Fines Intel Record $1.45B
 EU Fines Intel Record $1.45B 

EU Fines Intel Record $1.45B

Chip maker paid firms to use its chips, commission says

(Newser) - The EU is fining Intel $1.45 billion for violating antitrust laws—a record amount that far exceeds the €497 million ($680 million) fine levied against Microsoft in 2004, the BBC reports. The EU competition commission said Intel paid manufacturers and a retailer to give its chips a leg...

Obama Antitrust Chief Gets Tough on Big Biz

In reversal of Bush policy, the DOJ will aggressively enforce anti-monopoly laws

(Newser) - The Obama administration’s top antitrust official plans to aggressively pursue a tougher enforcement policy to keep large corporations from dominating smaller rivals, the New York Times reports. In speeches today and tomorrow, Justice Department antitrust chief Christine Varney will announce the reversal of lax Bush-era antitrust policies, and encourage...

Monopoly Cops May Find Google Too Popular to Bust

Google Has Good Product, But It's Also a Monopoly

(Newser) - The government is finally getting wise to the fact that Google holds a monopoly on Internet advertising, and has launched two antitrust investigations, Therese Poletti writes for MarketWatch. Google is “becoming almost a privatized version of the dreaded Big Brother from George Orwell's 1984,” Poletti writes, worse even...

Antitrust Concerns Prompt Google Books Probe

Deal gives Google exclusive chance to profit from texts, say critics

(Newser) - Federal lawyers are looking into whether a Google Book Search agreement with authors and publishers may violate antitrust laws, the New York Times reports. The settlement of a 2005 suit allows Google to put millions of scanned books online, charge viewers to read them, and share revenues with both groups....

Tech Leaders Unite Against Microsoft

Nokia, IBM, Oracle join EU antitrust case over Explorer's dominance

(Newser) - A technology consortium whose members include IBM, Nokia, and Oracle has joined the European Commission’s antitrust case against Microsoft, the Financial Times reports. The consortium, Ecis, joins Google and the Mozilla Foundation in accusing Microsoft of using Windows to distort the web browser market in favor of Internet Explorer....

Newspapers of the World, Unite: Carr
 Newspapers of the 
 World, Unite: Carr 
OPINION

Newspapers of the World, Unite: Carr

Collusion could avert disaster—but it won't happen

(Newser) - The newspaper industry is in dire straits, and to fix it, its bosses must “hold hands and jump off the following cliffs together,” writes David Carr in the New York Times. First, end free web access; it will  drive away some readers, but they're not paying for quality...

Ticketmaster Mogul Says He Can Save Music

Where critics see conflict of interest, Azoff spies opportunity

(Newser) - Irving Azoff may not be a household name, but he is, in fact, "the most powerful man in the music industry," writes Ethan Smith in a Wall Street Journal profile. The head of Ticketmaster—he made his name managing the Eagles in the '70s—is now trying to...

Google Scraps Partnership With Yahoo

Search giant proves unwilling to fight antitrust regulators over deal

(Newser) - Google canceled its search-advertising partnership with Yahoo rather than fight a Department of Justice lawsuit over antitrust concerns, CNET reports. The company gave up on the deal after Justice said it was not satisfied with the companies’ revisions to the deal and would sue to block it.

Feds OK Delta-Northwest Deal
 Feds OK Delta-Northwest Deal 

Feds OK Delta-Northwest Deal

Merger would create world's largest airline

(Newser) - Delta’s $2.6 billion offer to buy Northwest Airlines has passed the scrutiny of federal antitrust regulators. Ensuing labor issues aside, official say the merger—which creates the world’s most patronized airline—would not "substantially lessen competition" and will benefit customers, Reuters reports.

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