Competition Law

10 things in tech you need to know today

Good morning! Here's the technology news you need to know this morning.<p><b>1. Amazon launched a cloud computing service for the CIA and other intelligence agencies.</b> Secret Region is an Amazon Web Services product that's allowed to handle material that is classified at the "secret" level.<p><b>2. The FCC is</b> …

Animal Crossing

A very special thank you to Donald Trump for this AT&T/Time Warner fiasco

President Donald Trump has done something that no other president has done before—and many journalists have tried and failed to do.<p>He turned a boring …

Time Warner

The Justice Department is suing AT&T to block its $85 billion bid for Time Warner

The Department of Justice is suing to block AT&T's $85 billion bid for entertainment conglomerate Time Warner, setting the stage for one of the …

Cleveland

Why the Trump Administration Is Suing to Block the AT&T-Time Warner Merger

The lawsuit may pit AT&T and Time Warner against the Justice Department. But it's the tech industry that might suffer the most.<p>The Justice Department announced on Monday that it will sue to block AT&T's acquisition of Time Warner, pitting the Trump administration against a media business that has …

Antitrust Laws

Justice Department Lawsuit to Block AT&T Merger Is the Right Decision

WASHINGTON — On Tuesday, the Department of Justice moved to block AT&T’s $85.4-billion takeover of Time Warner on antitrust grounds.<p>The proposed deal …

U.S. Department of Justice

Has antitrust policy changed under the Trump administration?

The AT&T-Time Warner merger is a "litmus test" for antitrust policy under the Trump administration, says David Lafferty, chief market strategist at …

Antitrust Laws

AT&T’s merger with Time Warner hits major roadblock

The U.S. Justice Department has filed an antitrust lawsuit to block a planned AT&T and Time Warner deal — marking the first time in several decades the government has tried to block a merger between two companies that don’t directly compete with each other.<p>The AT&T chief says the suit, “defies …

Time Warner

The U.S. is suing to halt big deal by CNN owner Time Warner

<i>Bloomberg</i> reports, citing anonymous sources, this afternoon that the <b>Department of Justice is planning to sue AT&T as a way to halt its proposed takeover of Time Warner</b>. The planned $85.4 billion merger has recently been called into question, following reports that the DOJ is pushing for AT&T to …

Time Warner

AT&T calls US lawsuit over Time Warner deal ‘radical and inexplicable’

AT&T said on Monday that the US Justice Department had made a “radical and inexplicable departure from decades of antitrust precedent” with a lawsuit …

Randall Stephenson

BRIEF-UK CMA says it provisionally found that Concordia overcharged NHS by millions

Nov 21 (Reuters) - UK Competition and Markets Authority -<p>* CMA HAS PROVISIONALLY FOUND THAT CONCORDIA ABUSED ITS DOMINANT POSITION TO OVERCHARGE NHS …

Antitrust Laws

The ripple effect of the AT&T merger lawsuit

The Justice Department's move to block AT&T's proposed $85 billion bid for Time Warner puts on hold a slew of media and telecom transactions that may …

Business

Why AT&T May Be Facing an Antitrust Suit Over Time Warner

November 20th, 2017, 8:59 PM UTC<p>The U.S. Justice Department is poised to sue to block AT&T Inc.’s $85.4 billion takeover of Time Warner Inc., …

Business

UPDATE 1-Drug firm Concordia overcharged Britain's health service with 6,000 pct price rise

(adds detail on potential fine)<p>LONDON, Nov 21 (Reuters) - Drug company Concordia CXR.TO overcharged Britain's health service millions of pounds for …

Medicine

AT&T hit with antitrust lawsuit over Time Warner deal

A report from <i>Bloomberg</i> today shared that AT&T may face an antitrust suit from the U.S. Justice Department over its merger plan with Time Warner as soon as next week. Now, <i>CNBC</i> has reported that the DOJ has issued the suit today.<p>Citing an unnamed source close to the matter, <i>Bloomberg</i> reports that the …

Time Warner

11/20/2017: You can't spell antitrust without AT&T

Economy<p>Texas, Florida, and especially Puerto Rico say they need tens of billions of more in funding to help recovery efforts. But how do economic cost estimates from a disaster get turned into legislation?<p>World<p>The German parliament still has not formed a coalition government.<p>Economy<p>Functioning like …

Business

AT&T Time Warner merger may be blocked by DOJ lawsuit

The Department of Justice is filing a lawsuit to block the merger between AT&T and Time Warner, sources have said, marking a big turn of events for …

Time Warner

AT&T Shares Slip as CNN 'Elephant in the Room' Hamstring's Time Warner Merger

AT&T (T) shares slipped lower in premarket trading Tuesday as investors sifted through the implications of the biggest antitrust case under U.S. …

Tech Industry

AT&T’s Run-Ins With the Government

AT&T, one of the world’s largest telecommunications companies, figures prominently in the annals of antitrust law.<p>Since the late 19th century, under various names and configurations, the entity once known as Ma Bell has often been targeted by regulators trying to rein in its size and keep it from …

Business

AT&T chief: DOJ's Time Warner suit pushes law past "breaking point"

AT&T's CEO Randall Stephenson said Monday night that the telecom giant is ready for a war with the Department of Justice over the agency's lawsuit to …

Business

Department of Justice Sues to Block AT&T's Proposed Deal for Time Warner

President Trump warned more than a year ago that he would do all he could to prevent AT&T Inc. (T) from acquiring Time Warner (TWX) in a $85.4 …

Tech Industry

Wall Street Futures Jump, European Stocks Turn Green as Sentiment Rebounds

European stocks turned sharply higher Tuesday, while U.S. equity futures jumped firmly into positive territory as investors seemingly shrugged off …

Business

Time Warner -1%; DOJ said ready to announce merger lawsuit

• Time Warner (NYSE:TWX) shares are taking a sudden dip, down 1%, on word that an impending antitrust announcement involves news of a Justice Dept. …

Time Warner

Report: Justice Department to Oppose AT&T-Time Warner Merger

Trump’s reckless commentary about CNN has given critics reasonable grounds to infer that he’s improperly interfering in the deal.<p>The Trump Justice …

Bowe Bergdahl

U.S. Approves Delta Joint Venture With Korean Air

Delta Air Lines says U.S. regulators have given the green light to a joint venture with Korean Air, and the carriers are waiting for approval from …

Airlines

DOJ Reportedly Prepping Antitrust Lawsuit Against AT&T

The Justice Department is preparing an antitrust lawsuit against AT&T over the company’s proposed merger with Time Warner, Bloomberg reported Monday. …

Antitrust Laws

Some politicians and advocacy groups cautiously praise DOJ's AT&T lawsuit

When the Justice Department sued to block AT&T's proposed acquisition of Time Warner, open-media advocacy groups and some politicians found themselves in an interesting position: Praising President Trump's DOJ for tough antitrust enforcement while cautioning that they were still concerned there …

Entertainment

Alibaba says they have "no tolerance" for fake transactions

Last year, an investigative report about China’s illegal market of “empty package scalping” (空包刷单) was released by The Beijing News (link in Chinese) …

News (China)

Time Warner and AT&T fall following report the government could sue to block their merger (T, TWX)

• Bloomberg News reported Monday afternoon that the US Department of Justice was prepared to sue to block AT&T's proposed buyout of Time Warner, citing "a person familiar with the matter."<br>• Time Warner stock fell about 1.4% after the news.<br>• Shares of AT&T fell from earlier highs but were stil up …

Business

Step forward for Qualcomm-NXP deal

Qualcomm (NASDAQ:QCOM) is set to win "imminent" Japanese antitrust clearance for its $38B bid for NXP Semiconductors (NASDAQ:NXPI) and gain Europe's …

Business

Trump regulators signal new antitrust approach with AT&T merger

The Trump administration’s antitrust enforcers have fired a warning shot to AT&T and other companies hoping to pull off massive mergers.Makan …

Antitrust Laws