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U.S. Department of Justice is in the Government Industry
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Google-Yahoo: DOJ Would Have Filed An Antitrust Lawsuit; Competition Concerns Trumped Anything Else
So says the Department of Justice, in a statement: DOJ "informed the companies that it would file an antitrust lawsuit to block the implementation of the agreement. The Department said that, if implemented, the agreement between these two companies accounting for 90 percent or more of each relevant market...
Antitrust “Market Power” And Intellectual Property: Why FTC And DOJ Action Is Necessary
In 1989 and again in 1995, the Judiciary Committee of the House of Representatives considered legislation that would have prohibited courts in antitrust cases from drawing a presumption of a relevant market, or of the existence of market power, based merely on the possession of a patent or copyright.1 In...
Conglomerate Mergers And Range Effects: It’s A Long Way From Chicago To Brussels
In the 1960s, the United States experienced a wave of conglomerate mergers, driven in part by overly restrictive antitrust policies toward horizontal and vertical mergers. In response, the U.S. antitrust agencies and courts developed a number of theories of competitive harm with colorful names like deep pockets, reciprocal dealing, and...
DoJ Broadens Music Probe
This article summarizes about the music licensing on the internet. The US Department of Justice is digging deeper into the alleged anti-competitive licensing practices of the recording industry trade group, the Recording Industry Association of America RIAA, which led the legal crusade against music-swapping service, Napster. The antitrust division is...
Additional Resources
Statement on Indictment of UBS Executive
ZURICH, Switzerland & NEW YORK -- UBS confirmed today that Raoul Weil, Chairman and CEO of UBS Global Wealth Management and Business Banking and a member of the Group Executive Board, has been indicted by a Federal grand jury sitting in the Southern District of Florida in connection with the...
ForSaleByOwner.com Becomes First to Provide New Access to Realtor.com
NEW YORK -- ForSaleByOwner.com (http://www.forsalebyowner.com) today announced that it has become the nation's first "by owner" real estate website to enable home sellers to advertise their home on Realtor.com without appearing on a local Multiple Listing Service MLS. This new direct access to Realtor.com follows the May 2008 settlement between...
Conclusion of Plea Agreement with the United States Department of Justice Regarding TFT-LCDs
OSAKA, Japan -- On November 12, 2008 US Eastern Standard Time, Sharp Corporation concluded a plea agreement with the United States Department of Justice to pay a fine of 120 million US dollars (approximately 12 billion yen) regarding price fixing of TFT-LCDs with respect to a limited number of customers....
The Daily Record News Briefs: November 10, 2008
Judiciary launches domestic violence database A new statewide civil domestic violence database has been launched by the Maryland judiciary in an effort to help police and the courts better enforce protective orders. The online-accessible database, created with a grant from the U.S. Justice...
State probe into police handling of journalist slaying expands
OAKLAND -- The Oakland Police internal affairs and state Department of Justice investigations into the handling of journalist Chauncey Bailey's killing have expanded beyond that case's lead detective to now include two top city police officials, according to sources with knowledge of the matter. Deputy Chief Jeffrey...
Yahoo's fate is uncertain as Google abandons deal
WASHINGTON -- Facing a legal battle that would have illuminated its widening market power, Google Inc. turned its back on its struggling rival Yahoo Inc. and pulled the plug on an Internet advertising partnership that had been conceived to keep Yahoo out of Microsoft Corp.'s clutches. The...
Google cancels plans for Yahoo link-up
Briefing GOOGLE HAS cancelled plans for a search advertising partnership with Yahoo amid opposition from antitrust regulators and advertisers. Yahoo said it was "disappointed that Google has elected to withdraw from the agreement rather than defend it in court". The US Justice Department had told Google...
Heartland Express Announces Termination of Hart-Scott-Rodino Waiting Period
NORTH LIBERTY, Iowa -- Heartland Express, Inc. (Nasdaq: HTLD) received notification on November 5, 2008, that the United States Department of Justice and Federal Trade Commission had granted early termination of the Hart-Scott-Rodino waiting period with respect to a filing made by the Company and Russell A. Gerdin, its Chairman...
Competition Bureau Canada: Google Inc. Terminates Advertising Agreement With Yahoo! Inc. in Canada
Yahoo! Inc. and Google Inc. have confirmed that they are abandoning a proposed search advertising agreement in Canada, resolving any potential Competition Bureau concerns about the impact of this proposed deal on Internet search advertising in Canada. The parties' announcement follows a similar decision in the United States, where the...
Long lines, few problems as Election Protection workers field calls
High voter interest, long lines and isolated incidents marked Tuesday's election in the Baltimore region, but on the whole, lawyers and volunteers manning Election Protection command centers said things were running relatively well. In one incident, the Maryland attorney general's office said it received two calls about...
Yahoo! Announces Termination of Services Agreement by Google
SUNNYVALE, Calif. -- Yahoo! Inc. (Nasdaq: YHOO), a leading global Internet company, today announced that Google has terminated the advertising services agreement the companies announced in June. Yahoo! continues to believe in the benefits of the agreement and is disappointed that Google has elected to withdraw from the agreement rather...
DNA tests identify remains as Fossett's
MADERA, Calif. AP -- Authorities say they've positively identified some of Steve Fossett's remains: two large bones found a half-mile from where the adventurer's plane crashed in California's Sierra Nevada. Madera County Sheriff John Anderson said Monday that DNA tests conducted by the state Department of Justice...
MedQuist Reports Third Quarter 2008 Results
MOUNT LAUREL, N.J., Nov. 4 /PRNewswire-FirstCall/ -- MedQuist Inc. , the largest Medical Transcription Service Organization MTSO in the world, today announced its results for the quarter ended September 30, 2008. Net revenues for the third quarter of 2008 were $81.3 million compared with $82.5 million in...
Yahoo and Google revise ad deal
Business in brief INTERNET Yahoo and Google have given the US Justice Department a revised version of their search advertising partnership in the hope of winning antitrust approval, the Wall Street Journal said last night. The new plan cuts the agreement from 10 years to two...
1,835 HANDGUNS .. NOW MINISTER THINKS OF BAN
JUSTICE Minister Dermot Ahern has vowed to ban handguns after new figures showed that there are now a record 1,835 pistols and revolvers in legal ownership. In 2003, there was just one legally registered handgun in the country. The latest figures show...
Justice Department is ordered to produce wiretap memos
WASHINGTON -- A judge has ordered the Justice Department to produce White House memos that provide the legal basis for the Bush administration's post-Sept. 11 warrantless wiretapping program. U.S. District Judge Henry Kennedy Jr. signed an order Friday requiring the department to produce the memos by the...
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