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FTC accuses Endo, other drugmakers of antitrust violations

2016-03-31 20:45:52| Biotech - Topix.net

The Federal Trade Commission is accusing several drugmakers of violating antitrust laws with agreements that delayed availability of cheaper generic versions of two pain treatments. It's the first so-called "pay for delay" case brought by the commission in which a drug's original maker agreed not to sell an "authorized generic" version until well after a generic drugmaker launched its product.

Tags: violations endo antitrust ftc

 

ASE fails to gain antitrust approval for SPIL bid

2016-03-17 23:46:26| Semiconductors - Topix.net

Advanced Semiconductor Engineering will be unable to win antitrust approval in Taiwan by March 17 - the deadline of its tender offer for another 24.71% stake in Siliconware Precision Industries . The back-end semiconductor service provider, which already owns 25% of SPIL through a previous tender offer, in December 2015 launched another tender offer aiming to increase its stake in the competitor to almost 50%.

Tags: gain bid approval fails

 
 

US Antitrust Chief Concerned About CP Rail-Norfolk Proposed Trust

2016-03-10 17:51:01| Railroads - Topix.net

The head of the Justice Department's antitrust division said he's concerned about the proposed voting trust structure Canadian Pacific Railway wants to use to acquire Norfolk Southern Corp. Bill Baer said at a Senate antitrust oversight hearing March 9 that the Justice Department will submit comments to the U.S. Surface Transportation Board, which has been asked to issue an order confirming the validity of the mechanism. FedEx Corp. has told U.S. rail regulators that it is against Canadian Pacific Railway's proposed merger with Norfolk Southern Corp., adding to a long list of shippers opposing the deal.

Tags: chief proposed trust concerned

 

Germany Launches Facebook Antitrust Probe

2016-03-02 19:06:07| PC Magazine Software Product Guide

The Federal Cartel Office is investigating Facebook's alleged abuse of power.

Tags: germany probe facebook launches

 

Diebold Announces Early Termination of Hart-Scott-Rodino Waiting Period in Planned Acquisition of Wincor Nixdorf; U.S. Antitrust Clearance Achieved

2016-02-24 11:31:05| Industrial Newsroom - All News for Today

NORTH CANTON, Ohio  Diebold, Incorporated (NYSE:DBD), today announced that the required waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 has been terminated early, with respect to the company's definitive agreement to acquire Wincor Nixdorf AG (FWB: WIN). With this achievement...

Tags: period early waiting achieved

 

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