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Supreme Court Surprises the Antitrust World with Denial of Cert in Motorola and AU Optronics

2015-06-17 00:09:19| Electronics - Topix.net

Today the United States Supreme Court denied certiorari in two cases, Motorola Mobility LLC v. AU Optronics et al. and Hsiung and AU Optronics Corp. America Inc. v.

Tags: world court motorola supreme

 

EU antitrust chief says telco competition, not consolidation, drives investment

2015-06-15 02:00:00| Total Telecom industry news

Margrethe Vestager reiterates Brussels' long-held view that consolidation reduces incentives to innovate.

Tags: chief investment competition drives

 
 

Syngenta Spurns Second Monsanto Bid, Citing Antitrust Risks

2015-06-13 21:22:16| Chemicals - Topix.net

Seeds and agricultural chemicals firm Syngenta has turned down a revised takeover offer from rival Monsanto , calling the amount inadequate and saying antitrust hurdles are too risky. Monsanto did not raise its original April bid of $45 billion; rather it added a $2 billon breakup fee in hopes of mitigating the antitrust concerns.

Tags: bid risks citing antitrust

 

EU opens antitrust probe into Amazon e-book distribution

2015-06-11 15:43:00| Telecompaper Headlines

(Telecompaper) The European Commission (EC) has opened a formal antitrust investigation into certain business practices by Amazon in the distribution of e-books. The EC will in particular investigate certain clauses included in Amazon's contracts which require publishers to ensure that Amazon is offered terms at least as good as its competitors. The EC said it will investigate whether such clauses may limit competition between different e-book distributors and may reduce choice for consumers. If confirmed, such behaviour could violate EU antitrust rules that prohibit abuses of a dominant market position and restrictive business practices. Amazon is currently the largest distributor of e-books in Europe. Initially, the investigation will focus on the largest markets for e-books in the European Economic Area, namely e-books in English and German. Separately the Wall Street Journal reports that Amazon said it was confident that its contract with publishers were legal and in readers' best interests, adding that it would cooperate with the investigation fully.

Tags: distribution amazon opens probe

 

Antitrust Commissioner David Gilo to resign in August amid gas disputes

2015-05-25 17:54:46| Oil & Gas - Topix.net

Antitrust Commissioner David Gilo announced on Monday that he would be resigning from his post at the end of August, amid disputes with government officials over competition in the natural gas market. "My decision stems from a number of considerations, primarily from the news that the government, in particular the Prime Minister's Office, the Finance Ministry and the Energy Ministry, would do all that they could to promote the outline formulated recently in the natural gas sector an outline that I am convinced will not bring competition to this important sector," Gilo said in a statement to the press Monday noon.

Tags: august david gas commissioner

 

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