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BUSINESS
June 19, 2003 | From Bloomberg News
Microsoft Corp. and the Bush administration defended their antitrust settlement, and the world's largest software maker urged a U.S. appeals court in Washington to reject Massachusetts' call for tighter restrictions on its business practices. Microsoft, which negotiated the settlement after the appeals court ruled the company illegally protected its Windows monopoly, said the agreement was approved by a trial judge who "considered but rejected" more restrictions.
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BUSINESS
August 24, 2005 | From Bloomberg News
Thomas O. Barnett, a senior Justice Department official, will be nominated by President Bush to be the agency's chief antitrust enforcer, the White House said Tuesday. Barnett, the acting head of the antitrust division since the resignation of R. Hewitt Pate in June, had served as a deputy assistant attorney general for antitrust since 2004. A graduate of Harvard Law School, Barnett was previously a partner at law firm Covington & Burling in Washington.
BUSINESS
December 27, 2002 | From Bloomberg News
The Justice Department and the Federal Trade Commission said a plan to restrict nonlawyers from offering some forms of legal advice would result in "significant consumer harm." The American Bar Assn. has proposed a rule that would prevent nonlawyers from giving advice on situations such as closing real estate loans and making wills, the Justice Department said. The rule also might prohibit accountants and bankers from advising their clients about relevant laws, the government said.
BUSINESS
September 1, 2004 | From Associated Press
The U.S. Justice Department's antitrust division has reached a settlement to allow the proposed acquisition of fish processor Bumble Bee Seafoods by Canada's Connors Bros. Income Fund, the world's biggest producer of canned sardines. Under a pact unveiled Tuesday, Connors Bros., a trust based in Blacks Harbour, New Brunswick, would divest itself of its Port Clyde, Nova Scotia, sardine snack business, preserving competition in that market, said R.
BUSINESS
July 23, 2001 | Washington Post
A Justice Department ruling on the $12.3-billion acquisition of US Airways Group by United Airlines could come as early as this week, sources close to the deal said. In what a source described as a "critical week for discussions," executives from United parent UAL Corp., US Airways, American Airlines and the newly created DC Air were to meet today at Justice Department headquarters with senior department officials including Deputy Atty. Gen. R.
BUSINESS
May 17, 2005 | From Associated Press
Former Bayer executive Wolfgang Koch has agreed to plead guilty to colluding in a price-fixing scheme that drove up the cost of rubber chemicals used to make tires, outdoor furniture and shoes in the U.S. during a three-year period, the Department of Justice said Monday. The plea agreement marks the latest development in a long-running antitrust investigation into an international price-rigging ring formed by some of the world's biggest rubber chemical manufacturers.
BUSINESS
August 1, 2003 | From Associated Press
The Justice Department announced Thursday that it was closing its antitrust investigation of the Orbitz online travel service after finding no evidence that the company stifled competition. R. Hewitt Pate, assistant attorney general for the antitrust division, said investigators concluded that Orbitz would not trigger higher air fares, nor would it become the dominant method of online airline ticket distribution.
BUSINESS
July 26, 2003 | Rene Lynch, Times Staff Writer
Responding to complaints from consumers and artists alike about allegedly coercive business tactics, the Justice Department has launched two antitrust investigations into Clear Channel Communications Inc., the nation's largest radio station owner.
BUSINESS
February 7, 2003 | Sallie Hofmeister, Times Staff Writer
Gemstar-TV Guide International Inc. agreed to pay a record $5.67-million penalty to settle antitrust allegations by the Justice Department. Justice charged that the Pasadena-based company, together with TV Guide Inc., fixed prices and divided up their markets before the two officially merged in July 2000. Gemstar-TV Guide, which is now controlled by media giant News Corp., said in a statement that it admitted to no wrongdoing. Under U.S.
BUSINESS
March 6, 2004 | From Bloomberg News
Oracle Corp. accused U.S. antitrust enforcers of "gerrymandering the market" for business software to try to block the company's $9.4-billion hostile takeover of PeopleSoft Inc. In its response to the government's antitrust lawsuit challenging the proposed merger, Oracle said the Justice Department was trying to rig the case in much the same way state lawmakers draw legislative districts to ensure electoral victories for a particular political party.
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