Teva hit with $503 mln EU antitrust fine for disparaging rival product

BRUSSELS, Oct 31 (Reuters) - Teva (TEVA.TA) the world's largest generic drugmaker, was hit on Thursday with a 462.6 mill...

US plan to break up Google's search dominance threatens profit engine, AI growth

Oct 9 (Reuters) - The U.S. Department of Justice's proposed remedies to break up Google's search dominance could weaken ...

Musk’s X accuses advertisers of boycotting platform in new lawsuit

Aug 6 (Reuters) - Elon Musk’s social media platform X on Tuesday sued a global advertising alliance and several major c...

Google has an illegal monopoly on search, US judge finds

WASHINGTON, Aug 5 (Reuters) - A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of doll...

AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs

BRUSSELS, June 28 (Reuters) - Microsoft's (MSFT.O) partnership with OpenAI could face an EU antitrust investigation as r...

Drugmaker Servier loses EU court fight over pay-for-delay deals

BRUSSELS, June 27 (Reuters) - French drugmaker Servier on Thursday lost its court battle against a European Union fine f...

China releases Annual Report on China's Anti-Monopoly Enforcement (2023)

On June 18, China’s anti-monopoly authority, the State Administration for Market Regulation (SAMR), released the "Annua...

Birkin bag shoppers suing Hermes expand their antitrust case

May 31 (Reuters) - U.S. consumers suing French luxury house Hermes (HRMS.PA) have broadened their lawsuit accusing the c...

Edwards Lifesciences hit with Meril's EU antitrust complaint

BRUSSELS, May 13 (Reuters) - U.S. heart valve maker Edwards Lifesciences (EW.N) has been hit with an EU antitrust compla...

Pfizer to pay $25.5 mln to settle remaining Effexor XR antitrust claims

April 29 (Reuters) - Pfizer (PFE.N) has agreed to pay $25.5 million to resolve claims that its predecessor Wyeth conspir...

South Africa to investigate Microsoft over cloud computing licensing practices, source says

April 4 (Reuters) - A South African antitrust agency is set to investigate Microsoft (MSFT.O) over its cloud computing l...

US appeals court revives Regeneron's antitrust lawsuit against Novartis

NEW YORK, March 18 (Reuters) - A U.S. appeals court on Monday revived an antitrust lawsuit by Regeneron Pharmaceuticals ...

Pfizer agrees to pay $93 mln to settle Lipitor antitrust lawsuit

Feb 14 (Reuters) - Pfizer (PFE.N), has agreed to pay $93 million to settle antitrust claims by wholesale drug distributo...

Google to face US antitrust trial over digital ads in September

WASHINGTON, Feb 5 (Reuters) - A U.S. federal judge on Monday set a Sept. 9, 2024, date for the start of a jury trial in ...

Brazil fashion companies Arezzo, Soma to merge, faced increasing competition

SAO PAULO, Feb 5 (Reuters) - Brazilian fashion companies Arezzo&Co (ARZZ3.SA), and Grupo Soma (SOMA3.SA), said on Monday...

Boston Scientific to Acquire Axonics for $3.7 Billion

Boston Scientific Corporation (“Boston Scientific”) announced on January 8 that it has entered into a definitive agree...

Cisco battles reseller’s antitrust lawsuit over network equipment

Jan 23 (Reuters) - Internet equipment giant Cisco Systems (CSCO.O), is squaring off in a Texas trial this week against a...

Alibaba ordered to pay 1 billion Yuan to JD.com for antitrust practices

According to news on December 29, the Beijing High People's Court has made a first-instance judgment on the JD.com vs. A...

Illinois Supreme Court Questions Legality of Staffing Agencies’ No-Poach Agreements

The Illinois Supreme Court justices expressed skepticism over interpretations of a state antitrust law that allegedly en...

German antitrust body opens probe against Coca-Cola

GERMANY’S antitrust watchdog said on Tuesday (Nov 14) it was opening a probe into US beverages giant Coca-Cola over reb...

China amends provisions on prohibiting the abuse of IP rights

On June 29, 2023, China’s State Administration for Market Regulation (SAMR) released the amended Provisions on Prohibit...

Pfizer to pay $50 mln to settle drug wholesalers' EpiPen antitrust claims

Oct 11 (Reuters) - Pfizer (PFE.N) has agreed to pay $50 million to settle claims by drug wholesalers that they overpaid ...

The European Commission prohibited the proposed acquisition of eTraveli' by ‘Booking'

The European Commission has prohibited, under the EU Merger Regulation, the proposed acquisition of Flugo Group Holdings...

Commission re-imposes £367.36 million fine on Intel for anticompetitive practices in the market for computer chips

No competition law concerns regarding automotive industry cooperation in the area of wire harnesses

The Bundeskartellamt has no competition law concerns regarding a cooperation project in the automotive industry to stand...

Biden Administration and US Antitrust Agencies Balance IP Protection with Competition Concerns

US enforcement agencies under the Biden administration have continued to shift their stance towards balancing intellectu...

McDonald's must face antitrust claims over worker 'poaching,' court rules

On August 28, 2023, A U.S. appeals court has revived claims that McDonald's Corp (MCD.N) violated federal antitrust law ...

Time is Running out to Claim your Part of Facebook's Massive Settlement: But other Class-Action Suits Are Coming

Facebook and Meta Platforms have enough ongoing litigation to fund an independent nation of lawyers: $4.79 billion in “...

Mergers: Commission to assess the proposed acquisition of Autotalks by Qualcomm

The European Commission has accepted the requests submitted by 15 EU Member States to assess the proposed acquisition of...

Adobe's $20 billion acquisition of Figma becomes a new focus for EU antitrust regulators

The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acq...