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Pension fund files suit against bank CDS "conspiracy"
ReutersNEW YORK (Reuters) - A pension fund has initiated a class action lawsuit against a group of the world's largest banks, accusing them of "conspiring" to scuttle competition in the $27 trillion credit default swap (CDS) market, in turn raising fund...Tags: BNP Paribas, Mutual Funds, Justice System, Clearing, Politics
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GE gets U.S. antitrust approval to buy oil pump maker Lufkin
ReutersWASHINGTON, May 3 (Reuters) - General Electric Co has won U.S. antitrust approval to buy oilfield pump maker Lufkin Industries Inc, a $2.98 billion deal that will allow GE to sharply increase its presence in the fast-growing market to extract oil and...Tags: Federal Trade Commission, Corporate Crime, Anti Trust Crime, General Electric Company, Energy Resources
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New technology, auction methods lead some to ask: is this price-fixing?
Bid rigging has been a recurring problem in the sale of property tax liens, but largely at auctions conducted in person, and not online as they are now in most of Florida. But the new technology may facilitate another kind of crime: price fixing. At...Tags: Lawyers, Technology, Auction Service, Companies and Corporations, Justice System
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Hutchison not targeting Telecom Italia fixed network-source
ReutersBy Lisa Jucca and Paola Arosio MILAN, April 22 (Reuters) - Hutchison Whampoa is targeting Telecom Italia's mobile business and would not oppose a spin-off of its fixed-line network, thus removing a major political hurdle to a deal, a source familiar with...Tags: Hutchison Whampoa Limited, Mergers, Acquisitions and Takeovers, Italy, Business Enterprises, Hong Kong
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Macmillan to pay $26 million to settle antitrust class action
ReutersNEW YORK, April 29 (Reuters) - Publishing house Macmillan moved on Friday to settle a raft of antitrust suits accusing it of conspiring with other publishers to raise e-book prices, hammering out a $26 million settlement with a group of states and...Tags: Judges, CBS Corp., Justice System, Pearson Plc, Litigation
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U.S. justices decline to hear Eaton Corp antitrust case
ReutersWASHINGTON, April 29 (Reuters) - The U.S. Supreme Court on Monday declined to review antitrust claims that a rival brought against Eaton Corp Plc over its sales of heavy-truck transmissions. Z.F. Meritor, a joint venture of Meritor Inc indirect...Tags: U.S. Supreme Court, Corporate Crime, Anti Trust Crime, Eaton Corporation, Joint Ventures
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Report: Carfax slapped with $50M antitrust suit by 120 dealers
Autoblog.comFiled under: Car Buying, Government/LegalIn December 2012 Automotive News published a piece on dealers unhappy with Carfax, alleging that the most well known used vehicle history reporting company had maneuvered itself into a monopolistic position.... -
CME Group hires former Liffe soft commodity specialists
ReutersBy Sarah McFarlane and Nigel Hunt LONDON, April 26 (Reuters) - CME Group, the dominant exchange in global grains and oilseeds trading but not prominent in coffee, cocoa and sugar, said on Friday that it has hired two soft commodity specialists. Peter...Tags: NYSE Euronext, Inc., Chicago Board of Trade, Stock Market, Commodity Markets, Petroleum Industry
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Obama nominates antitrust expert Shelanski as new regulatory czar
Reuters* Economist and lawyer who has worked in government and academia * Would take on tough job of reviewing proposed rules * Praised for his analysis, pragmatism and affability By Roberta Rampton and Jeff Mason WASHINGTON, April 25 (Reuters) - U.S....Tags: U.S. Senate, Colleges and Universities, U.S. Environmental Protection Agency, Politics, Justice System
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JBS okayed to acquire U.S. plants
According to Feedstuffs.com, the U.S. Department of Justice has closed its investigation of the antitrust implications of the acquisition of two U.S. beef packing plants by JBS S.A. without taking any enforcement action. This means that JBS can conclude...Tags: U.S. Department of Justice
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Watchdogs to focus on new media in Nielsen/Arbitron deal -experts
ReutersBy Diane Bartz WASHINGTON, April 25 (Reuters) - U.S. antitrust regulators are likely to scrutinize new forms of advertising as they mull the planned purchase by television rating giant Nielsen Holdings NV of Arbitron Inc, which dominates radio ratings,...Tags: Mergers, Acquisitions and Takeovers, Marketing, Advertising, Computing and Information Technology Industry, Anti Trust Crime
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UPS profit rises 7 percent on strong post-holiday season
ReutersApril 25 (Reuters) - United Parcel Service Inc, the world's largest package-delivery company, reported a 7 percent rise in quarterly profit, helped by a stronger-than-expected post-holiday season in January. Net income rose to $1.04 billion, or $1.08 per...Tags: Earnings Forecasts, UPS Inc.
May 6, 2013
|Story| Reuters
May 3, 2013
|Story| Reuters
May 3, 2013
|Story| South Florida Sun-Sentinel
Apr 22, 2013
|Story| Reuters
Apr 29, 2013
|Story| Reuters
Apr 29, 2013
|Story| Reuters
Apr 26, 2013
|Blog| Autoblog.com
Apr 26, 2013
|Story| Reuters
Apr 25, 2013
|Story| Reuters
Apr 26, 2013
|Story| Aberdeen News
Apr 25, 2013
|Story| Reuters
Apr 25, 2013
|Story| Reuters
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