US: Meet the judge in antitrust case against AT&T-Time Warner

US: Meet the judge in antitrust case against AT&T-Time Warner

A federal judge who was critical of the Comcast-NBC Universal (NBCU) merger before signing off on the media megadeal in 2011 will oversee the Justice Department’s lawsuit to block AT&T’s similar takeover of Time Warner. Judge Richard Leon is a George W. Bush-appointee who has served on the US District Court for DC since 2002. […]

US: DoJ sues to block AT&T purchase of Time Warner

US: DoJ sues to block AT&T purchase of Time Warner

On Monday the Justice Department, sued AT&T to block its $85 billion merger with Time Warner, court filings show.  DOJ Complaint (PDF) In a lawsuit filed in US District Court in Washington, federal prosecutors argued that the merger would hurt competitors and consumers. “AT&T/DirecTV would hinder its rivals by forcing them to pay hundreds of millions of dollars […]

US: DOJ urges SCOTUS to hear case against Chinese vitamin cartel

US: DOJ urges SCOTUS to hear case against Chinese vitamin cartel

Lawyers at the US Justice Department defied China’s Ministry of Commerce in a brief urging the US Supreme Court to review the dismissal of an antitrust class action against a cartel of Chinese vitamin manufacturers, reported Reuters. The brief, filed by the US Solicitor General and the Justice Department’s antitrust chief, argues that the 2nd […]

US: AT&T Hires former Trump lawyer to defend itself in DoJ suit

US: AT&T Hires former Trump lawyer to defend itself in DoJ suit

The telecom giant AT&T has hired notable media lawyer Daniel Petrocelli, a one-time defender of President Donald Trump, to represent the company, should the Department of Justice (DOJ) file a lawsuit attempting to block its acquisition of Time Warner. Petrocelli will act as the lead trial counsel for both AT&T and Time Warner should the […]

US: Antitrust chief: ‘behavioral remedies are the wolf of regulation dressed in the sheep’s clothing of a behavioral decree.”

US: Antitrust chief: ‘behavioral remedies are the wolf of regulation dressed in the sheep’s clothing of a behavioral decree.”

The head of the Department of Justice’s Antitrust Division on Thursday, November 16, signaled a change in approach to antitrust under his leadership by asking companies to divest assets when necessary in order for major merger deals to be approved. That’s a shift from the Obama administration, which leaned more heavily on consent decrees that […]

US: FCC’s Pai says DOJ will do the right thing with AT&T-TW

US: FCC’s Pai says DOJ will do the right thing with AT&T-TW

Federal Communications Commissio (FCC) Chairman Ajit Pai says that he thinks the Justice Department (DOJ) will “do the right thing” when it comes to the proposed AT&T-Time Warner merger. The DOJ is said to be pushing for a spin-off of either AT&T’s DirecTV or Time Warner’s Turner assets–which includes TBS, TNT and CNN–to approve the […]

US: Trump denies pressing for CNN sale in AT&T-Time Warner merger

US: Trump denies pressing for CNN sale in AT&T-Time Warner merger

President Donald Trump, in comments to reporters on Saturday, November 10, on Air Force One, said that he had not pressured the Justice Department (DOJ) to make selling CNN and other assets a condition for regulatory approval of a proposed US$85.4 billion merger between AT&T and Time Warner. Instead, Trump attributed the decision to “a […]

US: Eyewear mega deal could hurt US consumers?

US: Eyewear mega deal could hurt US consumers?

The world’s biggest eyeglass frame maker is planning to merge with the largest lens maker in a tie-up US antitrust experts fear will be bad news for consumers,reports Reuters. Essilor, a French company, has asked US regulators to approve its merger with Italy’s Luxottica, the world’s leading frame maker, to create a company that would […]

US: DOJ may sue to block AT&T/Time Warner deal

US: DOJ may sue to block AT&T/Time Warner deal

According to a report from The Wall Street Journal, the Department of Justice (DOJ) is gearing up for a potential lawsuit to block AT&T’s planned acquisition of Time Warner if the regulator and the companies cannot reach an agreement. The Journal’s sources say that the companies and the DOJ are in settlement talks, but are […]

US: Court delivers prison sentence for real estate bid-rigging

US: Court delivers prison sentence for real estate bid-rigging

The US Department of Justice stated that on Wednesday, November 1, the Northern District of California sentenced Ramin Rad Yeganeh to twelve months in prison with three years of supervised release for his participation in in a conspiracy to rig bids at public real estate foreclosure auctions in Northern California. Additionally, Yeganeh was ordered to […]

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