antitrust

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Antitrust Concerns Prompt Google Books Probe

Deal gives Google exclusive chance to profit from texts, say critics

(Newser) - Federal lawyers are looking into whether a Google Book Search agreement with authors and publishers may violate antitrust laws, the New York Times reports. The settlement of a 2005 suit allows Google to put millions of scanned books online, charge viewers to read them, and share revenues with both groups....

Tech Leaders Unite Against Microsoft

Nokia, IBM, Oracle join EU antitrust case over Explorer's dominance

(Newser) - A technology consortium whose members include IBM, Nokia, and Oracle has joined the European Commission’s antitrust case against Microsoft, the Financial Times reports. The consortium, Ecis, joins Google and the Mozilla Foundation in accusing Microsoft of using Windows to distort the web browser market in favor of Internet Explorer....

Newspapers of the World, Unite: Carr
 Newspapers of the 
 World, Unite: Carr 
OPINION

Newspapers of the World, Unite: Carr

Collusion could avert disaster—but it won't happen

(Newser) - The newspaper industry is in dire straits, and to fix it, its bosses must “hold hands and jump off the following cliffs together,” writes David Carr in the New York Times. First, end free web access; it will  drive away some readers, but they're not paying for quality...

Ticketmaster Mogul Says He Can Save Music

Where critics see conflict of interest, Azoff spies opportunity

(Newser) - Irving Azoff may not be a household name, but he is, in fact, "the most powerful man in the music industry," writes Ethan Smith in a Wall Street Journal profile. The head of Ticketmaster—he made his name managing the Eagles in the '70s—is now trying to...

Google Scraps Partnership With Yahoo

Search giant proves unwilling to fight antitrust regulators over deal

(Newser) - Google canceled its search-advertising partnership with Yahoo rather than fight a Department of Justice lawsuit over antitrust concerns, CNET reports. The company gave up on the deal after Justice said it was not satisfied with the companies’ revisions to the deal and would sue to block it.

Feds OK Delta-Northwest Deal
 Feds OK Delta-Northwest Deal 

Feds OK Delta-Northwest Deal

Merger would create world's largest airline

(Newser) - Delta’s $2.6 billion offer to buy Northwest Airlines has passed the scrutiny of federal antitrust regulators. Ensuing labor issues aside, official say the merger—which creates the world’s most patronized airline—would not "substantially lessen competition" and will benefit customers, Reuters reports.

Google, Yahoo in Talks to Avoid Antitrust Case

Online ad deal may be capped to avoid further scrutiny

(Newser) - Google and Yahoo are working to settle any antitrust issues arising from their proposed joint online ad venture, the Wall Street Journal reports. Google has offered a cap on the volume of ads it sells Yahoo, which may be willing to continue selling search ads to avoid lengthy legal battles...

Feds Give Green Light to Wells Fargo-Wachovia

Citigroup plans to sue over breach of contract, but will not interfere

(Newser) - Federal antitrust regulators cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp. today, capping a weeklong battle for the Charlotte, NC-based bank. The rapid approval comes a day after Citigroup walked away from its acquisition effort. Citigroup plans to seek $60 billion in damages for breach of contract but...

US Hires Top Lawyer to Mull Google-Yahoo Antitrust Case

Step in possible antitrust case against Internet giants

(Newser) - The Justice Department has hired a top lawyer to review a possible antitrust case against the Google-Yahoo advertising deal, which would give the companies control of 80% of web search ads, the Wall Street Journal reports. Sanford Litvack, a former Disney vice-chairman, was Jimmy Carter’s antitrust chief. While officials...

Clone-Maker Files Countersuit Against Apple

Psystar alleges trust violations, tries to open market for OS X

(Newser) - Mac clone-maker Psystar countersued Apple this week and charged it with violating antitrust law, PC Magazine reports. The battle centers on a provision in Apple’s end user agreement that prohibits non-Mac hardware from running its operating system. Psystar admits to selling computers with such hardware, and says they can...

Retailers Struggle With Ruling That OK'd Price-Fixing

Enabling manufacturers to set minimum prices leads to collusion, some say

(Newser) - A Supreme Court ruling that last year allowed manufacturers to set minimum sale prices for their goods is giving retailers fits, the Wall Street Journal reports. Manufacturers, barred from the practice for nearly a century, are being allowed to punish retailers who discount their products by cutting off supplies. Some...

Sparks Fly as Yahoo, Microsoft Take to Hill

Yang admitted deal with Google would hurt competition: Microsoft

(Newser) - Congressional hearings on Yahoo's proposed ad deal with Google got a little heated yesterday, with a Microsoft lawyer testifying that Yahoo CEO Jerry Yang recently admitted, in a private meeting, that the pact would reduce competition, the Los Angeles Times reports. Yahoo’s general counsel said he recalled no such...

It's Google's Turn on the Hot Seat
It's Google's Turn on
the Hot Seat
Opinion

It's Google's Turn on the Hot Seat

Microsoft off the hook as Congress goes after its archrival

(Newser) - You have to forgive Microsoft if it indulges in some schadenfreude today, writes Brier Dudley of the Seattle Times. Archrival Google is facing a peril that’s all too familiar in Redmond. Steve Ballmer can sit back tomorrow as Google’s top execs go before the Senate subcommittee on antitrust,...

Feds Probing Google-Yahoo Deal

Formal investigation signals that Justice may have antitrust concerns

(Newser) - Google’s agreement to provide Yahoo with advertising for some of its searches in the US and Canada has prompted the Justice Department to launch a formal antitrust investigation into the deal, the Washington Post reports. "They don't do it without having identified significant issues," one lawyer said...

Intel Suit Exposes 'Squishy' Antitrust Laws
Intel Suit Exposes
'Squishy' Antitrust Laws
ANALYSIS

Intel Suit Exposes 'Squishy' Antitrust Laws

Predatory behavior or competition?

(Newser) - Washington's probe into Intel exposed just how "squishy" antitrust issues can be, Joe Nocera writes in the New York Times. What rival chipmaker AMD has called "predatory behavior" can also be seen as "good old-fashioned competition. What makes antitrust so maddening is that the answer depends as...

FCC Staff Blesses Satellite Radio Merger

Sirius-XM deal could go to commission within 3 weeks

(Newser) - After languishing nearly a year and a half in regulatory limbo, the merger between XM Satellite Radio and Sirius Satellite Radio may finally get the green light to proceed. The FCC staff has signed off on the $5 billion deal, reports the Wall Street Journal, with some conditions devised by...

Yahoo and Google: It's All Up to Yang
Yahoo and Google: It's All Up to Yang
analysis

Yahoo and Google: It's All Up to Yang

CEO must pave way for struggling company as investors look on

(Newser) - As Yahoo and Google prepare for a new search-ad deal, it’s all up to CEO Jerry Yang, writes Charles Cooper for CNET. Will Yang be the next Steve Jobs, pulling a struggling company back to the spotlight—or will he fade like his Yahoo predecessors? The afreement "may...

FTC Opens Antitrust Investigation of Intel

Smaller rival AMD has long accused it of unfair practices

(Newser) - The FTC has opened a formal investigation of Intel over allegations of monopolistic business practices, the Wall Street Journal reports. The world's biggest semiconductor company, which denies any wrongdoing, received a subpoena this week. Intel also learned that it faces a $25.4 million antitrust fine from South Korea, even...

Soaring Fertilizer Prices Another Cog in Food Crisis

Costs up 65% percent, drawing calls for inquiries by US, UN

(Newser) - Farmers worldwide are fuming over soaring fertilizer prices, the Wall Street Journal reports. Costs are 65% higher in the US than a year ago, making it difficult for farmers to boost production in response to an international food crisis. Meanwhile, fertilizer companies have reaped big profits from a cartel-based system...

Google Readies Defense of Yahoo Ad Deal

Efficiencies outweigh anti-competition issues, giant says; critics not so sure

(Newser) - An advertising deal between Google and Yahoo is certain to stir the Justice Department’s antitrust division into action, no matter what the two do to address concerns, experts anticipating a partnership between the two Internet leaders tell the New York Times. Google says a deal would simply be a...

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