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GE Unit Sale to Electrolux Said to Be Opposed by Antitrust Staff

2015-07-01 19:14:37| Appliances - Topix.net

Employees check washing machine units for quality control on the production line at the Electrolux AB plant in Olawa, Poland, on Oct. 16, 2012. Antitrust lawyers at the U.S. Justice Department oppose Electrolux AB's plan to buy General Electric Co.'

Tags: sale staff unit opposed

US court agrees Apple violated antitrust law in e-book entry

2015-06-30 17:51:21| IT Services - Topix.net

Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.com, a federal appeals court said Tuesday. The 2nd U.S. Circuit Court of Appeals in Manhattan ruled 2-to-1 that a lower court judge was right to find Apple Inc. violated the laws to upset Amazon.com Inc.'s control of the market.

Tags: law entry court apple

Monsanto tries anew to tackle Syngenta's antitrust concerns

2015-06-30 00:13:58| Chemicals - Topix.net

In rejecting Monsanto Co.' s two offers this year to buy the company, Swiss agribusiness giant Syngenta AG has offered two main reasons: Monsanto's offer, at $45 billion, is too low, and the merger comes with a high risk of derailment by regulators.

Tags: concerns tackle antitrust anew

Class Granted in In-Store Promotions Antitrust Suit

2015-06-23 08:50:18| Food - Topix.net

Claims by H.J. Heinz Company and other packaged goods firms that News Corp. is violating antitrust laws in the in-store promotion market have been granted class status by a federal judge. Southern District Judge William Pauley said a class action was the proper choice for allegations that News Corp. abuses its 80 percent market share for supermarket signage, end-of-aisle displays, shelf-mounted displays, freezer displays and floor signage at some 52,000 retail stores.

Tags: class granted suit promotions