In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
In a far-reaching policy shift, officials from the United States antitrust and patent office stated they no longer deem holders of industry-standard patents anti-competitive if they sue to stop the sale of infringing products. In a joint statement, the U.S…. Read More ›
In a statement the U.S. Justice Department said, Samsung Heavy Industries Co Ltd has agreed to pay more than $75 million in criminal penalties in order to resolve a U.S. investigation into a bribery scheme that runs into millions of… Read More ›
The investigation into Google Inc’s online advertising business involves all U.S. state attorneys general except California and Alabama. According to three sources with knowledge of the matter at hand, U.S. state attorneys general probing Alphabet’s Google Inc plan on meeting… Read More ›
15 U.S. States, headed by the Attorney General of New York and California, have filed a lawsuit against the merger saying it is anti-competitive and will raise costs by more than $4.5 billion annually for residents. In a significant development,… Read More ›
T-Mobile U.S. Inc’s merger with Sprint Corp faces last hurdle. In a letter to Magistrate Judge Robert Lehrburger dated July 31, attorney Glenn Pomerantz, who represents a group of 13 state attorneys general, requested that the trial date be set… Read More ›
Nexstar Media Group Inc and Tribune Media Co will have to divest TV station in 13 markets so that their $6.4 billion deal satisfies antitrust concerns. The U.S. Justice Department told Nexstar Media Group Inc and Tribune Media Co that… Read More ›
3M chanced on certain funding and marketing related efforts in business groups in China, in its own internal investigation. It is cooperating with the U.S. Department of Justice and the Securities and Exchange Commission. In a significant development, 3M Co… Read More ›
T-Mobile’s $26 billion bid to acquire rival Sprint Corp has been approved by the U.S. Justice Department. The breakthrough comes after the deal was caught for more than a year in regulatory limbo. In a significant development, the U.S. Justice… Read More ›
Representatives from tech giants, such as from Google, Amazon, Apple and Facebook, are set to testify before a House of Representatives congressional committee on June 16. The The hearing will discuss the formidable market power wielded by online platforms. In… Read More ›
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