China/US: Vizio sues LeEco over failed US$2b merger

China/US: Vizio sues LeEco over failed US$2b merger

Vizio sued LeEco in the wake of the Chinese technology conglomerate’s failed attempt at a US$2 billion acquisition of the US television maker. Vizio seeks US$60 million in damages, claiming LeEco paid only US$40 million of a US$100 million termination fee and didn’t live up to its end of a joint-venture agreement the companies struck […]

Japan: Toshiba sues Western Digital in feud over memory unit sale

Japan: Toshiba sues Western Digital in feud over memory unit sale

Toshiba said Wednesday it is suing its joint venture partner Western Digital over the US company’s opposition to a plan to sell the Japanese electronics and energy giant’s memory chip unit. Toshiba said in a statement that it was seeking a permanent injunction and 120 billion yen (US$1.1 billion) in damages for what it called […]

US: Qualcomm hits at FTC over ‘deficient’ antitrust suit

US: Qualcomm hits at FTC over ‘deficient’ antitrust suit

Late Friday night, Qualcomm fired the latest salvo in the case, filing documents in which it says, for a second time, that the FTC’s suit should be dismissed because it doesn’t back up the agency’s claims that Qualcomm’s practices hampered competition. The FTC filed its suit in January, saying Qualcomm imposed “onerous” supply and patent-licensing […]

EU: Honeywell targeted by Arkema in antitrust suit

EU: Honeywell targeted by Arkema in antitrust suit

Honeywell International was targeted by an antitrust complaint from Arkema SA, which alleges the US company prevents fair competition for the only car-coolant chemical that currently meets new European Union standards on greenhouse-gas emissions. Arkema filed the complaint with the EU’s antitrust authority seeking a “fair, reasonable and non-discriminatory license to Honeywell’s patents” for 1234yf, […]

US: FTC says antitrust suit against Qualcomm should continue

US: FTC says antitrust suit against Qualcomm should continue

The US Federal Trade Commission on Friday defended its antitrust lawsuit from January, saying in a legal filing with the US District Court in San Jose, California, that the court shouldn’t dismiss its complaint against Qualcomm. The group has accused Qualcomm, the world’s biggest mobile chipmaker, of forcing Apple into an exclusive chip deal. Qualcomm […]

US: DirecTV fights antitrust suit over Dodgers Channel

US: DirecTV fights antitrust suit over Dodgers Channel

DirecTV says it refused to pay top dollar for Time Warner Cable’s Los Angeles Dodgers channel because it had been “burned” earlier overpaying to air Lakers games, not because it was conspiring with others to get an edge on a competitor. That’s the defense the biggest US satellite-TV provider, now part of AT&T, will use […]

US: Mallinckrodt to pay $100 million to settle antitrust suit

US: Mallinckrodt to pay $100 million to settle antitrust suit

The drugmaker Mallinckrodt has agreed to pay $100 million to settle Federal Trade Commission and state charges that the company and its Questcor division violated antitrust laws after Questcor purchased rights to a drug that “threatened its monopoly in the US market” for its own drugs, the FTC said. The FTC’s complaint claims that while […]

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