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11-20 results from 1000 for query «antitrust»

October 9, 2018 6:35 PM Google challenges record $5 billion EU antitrust fine

BRUSSELS (Reuters) - Alphabet unit Google (GOOGL.O) on Tuesday challenged a record 4.34-billion euro ($5 billion) fine imposed by European Union antitrust regulators three months ago for using its popular Android mobile operating system to thwart rivals. “We have now filed our appeal of the EC’s Android decision at the General Court of the EU,” Google 87

October 8, 2018 12:38 PM Exclusive: Microsoft's $7.5 billion GitHub deal set for EU approval

BRUSSELS (Reuters) - U.S. software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding website GitHub, two people familiar with the matter said on Monday. Microsoft announced the deal in June, its largest acquisition since it bought LinkedIn for $26 billion in 2016. The GitHub deal is expected 82

September 24, 2018 10:34 AM EU regulators to decide by October 26 on Sony's $2.3 billion bid for EMI

BRUSSELS (Reuters) - Sony Corp (6758.T) will know by Oct. 26 whether EU antitrust regulators will wave through its $2.3 billion offer for control of EMI to become the world’s largest music publisher, according to a filing on the European Commission website on Monday. Sony, which announced the deal in May, sought EU approval for the deal last Friday 92

September 22, 2018 9:00 AM Amazon Is a Giant. But Bigness Isn’t a Crime

The company’s scale worries critics, but antitrust law punishes conduct, not size. It’s valued at $1 trillion and run by the world’s richest man. Critics—ranging from rising legal stars to President Donald Trump—have suggested it uses its enormous scale to unfairly crush competition. Is it time for a breakup at Amazon? In the past week alone, the question 67

September 19, 2018 4:14 PM EU Starts Preliminary Probe into Amazon's Treatment of Merchants

European Union antitrust authorities have opened a preliminary investigation into Inc.’s treatment of other merchants that sell products using its platform, starting a new regulatory front against an American tech giant. EU Competition Commissioner Margrethe Vestager said Wednesday that investigators recently sent out questionnaires to merchants 61

September 19, 2018 4:04 PM McDonald’s Avoids Fines as Europe Rules Its Tax Deal Is Legal

The decision is in line with a double-taxation treaty between Luxembourg and the U.S., and doesn’t constitute favorable treatment, says commission BRUSSELS—European Union regulators said Wednesday that McDonald’s Corp.’s tax arrangement in Luxembourg is legal, dropping an investigation against the U.S. fast-food giant while lauding efforts to close tax loopholes 89

September 19, 2018 12:05 PM EU says McDonald's, Luxembourg tax deal not illegal

BRUSSELS (Reuters) - McDonald’s (MCD.N) tax deal with Luxembourg did not breach EU state aid rules, EU antitrust regulators ruled on Wednesday, saying the reason the U.S. fast food chain did not pay some taxes was due to the mismatch between U.S. and Luxembourg laws. The decision by the European Commission came after a three-year long investigation 71

September 18, 2018 2:27 PM EU to scrap lawsuit against Ireland after Apple pays back taxes

BRUSSELS (Reuters) - EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple (AAPL.O) paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday. European Competition Commissioner Margrethe Vestager sued Ireland last year for failing to recover 80

September 17, 2018 9:57 PM Cigna, Express Scripts Say Merger Cleared by Justice Department

Companies expect the deal to close by year-end, subject to the satisfaction of all closing conditions Cigna Corp. and Express Scripts Holding Co. on Monday said the Antitrust Division of the U.S. Department of Justice cleared their pending merger. “We are pleased that the Department of Justice has cleared our transaction and that we are another step closer 51

September 12, 2018 2:45 PM AT&T Expects Better Results Next Year as It Absorbs Time Warner

Speaking at a conference in New York, CEO Stephenson says executives spend ‘hardly any time’ focused on government appeal of record acquisition AT&T Inc. Chief Executive Randall Stephenson said he expects some divisions’ profitability to improve next year as the telecom company digests its record-setting acquisition of media company Time Warner Inc. Mr. Stephenson 53