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All Posts Tagged Tag: ‘Antitrust’

AT&T, DirecTV Merger Reportedly Nearing Approval

AT&T, DirecTV Merger Reportedly Nearing Approval

It appears to be smooth sailing for AT&T in its acquisition of DirecTV, as the merger has reportedly cleared one major hurdle and is about to clear the last. Reuters reports that the Department of Justice has already wrapped up its review of the deal. Bloomberg says that the DoJ imposed no conditions on the mega-merger. AT&T first agreed to …

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Apple to Pay $450M in e-book Price Fixing Case

Apple to Pay $450M in e-book Price Fixing Case

In 2013, a US Federal judge ruled that Apple conspired with major publishers to raise prices on e-books following the launch of the iBookstore. Now, a US Circuit Court of Appeals has upheld the decision. In a 2-to-1 ruling, the court concluded that Apple did, in fact, orchestrate a conspiracy to raise ebook prices. “We conclude that the district court …

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Study Slams Google For ‘Reducing Social Welfare’ With ‘Lower Quality Results’

Study Slams Google For ‘Reducing Social Welfare’ With ‘Lower Quality Results’

Columbia Law School professor Tim Wu and Yelp collaborated on a study of Google’s search results, and have declared that Google is hurting the consumer experience of search results by favoring is own content which in some cases may be inferior to organic results that would otherwise be surfaced. The paper was presented at Oxford University’s Antitrust Enforcement Symposium, and …

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EU Is Questioning Ecommerce Companies In Broad Inquiry

EU Is Questioning Ecommerce Companies In Broad Inquiry

Back in March, the European Commission announced a proposal for an ecommerce sector antitrust inquiry. It said at the time that there were indications that some companies could be taking measures to restrict cross-border ecommerce, and that the inquiry would focus on better identifying and addressing such measures. “It is high time to remove remaining barriers to e-commerce, which is …

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Netflix Was a Big Part of Why Regulators Hated Comcast/TWC Merger

By now you’ve probably heard that Comcast has abandoned its push to acquire Time Warner Cable, due to looming concerns that both the Department of Justice’s antitrust division and the Federal Communications Commission were poised to recommend it blocked. “Today, we move on. Of course, we would have liked to bring our great products to new cities, but we structured …

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Comcast / Time Warner Cable Merger Is Dead, Officially

It’s official. Comcast has announced it has abandoned its efforts to acquire Time Warner Cable, in a deal that would’ve been valued at around $45 billion. This follows reports on Thursday that said the Department of Justice and Federal Communications Commission were both gearing up to recommend against the deal. If the merger had been approved, the Comcast-TWC behemoth would’ve …

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Comcast Is Giving Up on Its TWC Deal: Report

Comcast is planning to kill its proposed acquisition of Time Warner Cable before the feds can kill it first. Bloomberg is quoting sources who say that Comcast is ready to back away from the merger, which would be valued at around $45 billion. This comes on the heels of reports that the FCC had proposed a “hearing designation order” for …

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Elizabeth Warren, Al Franken Among Six Senators Urging a Swift Death for the Comcast/Time Warner Merger

In a letter addressed to Federal Communications Commission Chairman Tom Wheeler and Attorney General Eric Holder, six Senators are urging the blockage of Comcast’s proposed merger with Time Warner Cable. The letter comes just one day before representatives from Comcast and Time Warner Cable are set to meet with DoJ antitrust officials in the hopes of saving a deal that …

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Comcast, TWC Will Meet with Regulators to Try to Save Deal

With their proposed merger on shaky ground, representatives from Comcast and Time Warner Cable are planning to meet with Justice Department officials in the hopes of negotiating a pathway for the deal to proceed. This will be the first such meeting between the cable companies and regulators since the merger was announced. The Wall Street Journal Reports that Comcast will …

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Regulators Ready to Kill Comcast / TWC Merger: Report

One of the regulatory agencies looking over the proposed Comcast / Time Warner Cable merger may be about to give it the thumbs down, citing concerns over potential harm to customers. Bloomberg cites the ubiquitous “people familiar with the matter” in saying that antitrust lawyers at the Department of Justice are poised to recommend against the merger. From Bloomberg: Attorneys …

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Should Google Be Slapped With Antitrust Action?

After a five-year long investigation, the European Commissioned announced it has sent a Statement of Objections to Google alleging it has abused its dominant position in the markets for general internet search services by favoring its own comparison shopping product in general search pages. The commission says this infringes on EU antitrust rules because “it stifles competition and harms consumers”. …

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Google Is Reportedly About To Be Hit With Antitrust Charges In Europe

Earlier this month, we heard that the European Commission was about to “move against” Google, “setting the stage for charges” against the search giant after a five-year-long investigation and several attempts by Google to settle. Now, the WSJ is reporting again that Europe’s antitrust regulator has indeed decided to file formal charges. This will be the EU’s largest antitrust case …

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