Today: October 04, 2024
Today: October 04, 2024

Latest From Foo Yun Chee

Business

Pfizer wins unconditional EU antitrust okay for $43 billion Seagen buy

U.S. pharmaceutical company Pfizer gained unconditional EU antitrust approval on Thursday for its proposed $43 billion acquisition of cancer drug maker Seagen.

Pfizer wins unconditional EU antitrust okay for $43 billion Seagen buy
Business

Illumina ordered by EU antitrust regulators to sell Grail

U.S. genetic testing company Illumina has been ordered by EU antitrust regulators to sell cancer test maker Grail after it completed the deal before securing their

Illumina ordered by EU antitrust regulators to sell Grail
Business

Should new tech rules apply to Microsoft's Bing, Apple's iMessage, EU asks

EU antitrust regulators are asking Microsoft's users and rivals whether Bing should comply with new tough tech rules and also whether that should be the case for

Should new tech rules apply to Microsoft's Bing, Apple's iMessage, EU asks
Business

EU to study mobile ecosystems to counter any Apple, Google antitrust pushback

European Union antitrust regulators have commissioned a study into mobile ecosystems to help them counter any pushback from Apple and Alphabet's Google in

EU to study mobile ecosystems to counter any Apple, Google antitrust pushback
Business|Economy|Europe

EU top court should reject Air France-KLM cartel fine appeal, court adviser says

Europe's top court should reject an appeal by Air France KLM and its Dutch unit KLM, British Airways, Singapore Airlines and some of their peers against cartel

EU top court should reject Air France-KLM cartel fine appeal, court adviser says
Business|Economy|Europe

Bunge, Viterra $34 billion deal heading for conditional EU nod, source says

U.S. grains merchant Bunge and Glencore-backed Viterra's $34 billion merger deal is heading towards conditional EU antitrust approval, a person with direct

Bunge, Viterra $34 billion deal heading for conditional EU nod, source says
Business|Economy

Bunge, Viterra offer to sell EU assets seeking EU approval for $34 billion merger

U.S. grains merchant Bunge and Glencore-backed Viterra have offered to divest assets in two EU countries aimed at winning EU antitrust approval for their $34

Bunge, Viterra offer to sell EU assets seeking EU approval for $34 billion merger
Business|Economy

Visa, Mastercard to extend non-EU card fee caps to 2029, EU says

Visa and Mastercard will extend caps on tourist card fees agreed five years ago with EU antitrust regulators by another five years to 2029, the European Commission

Visa, Mastercard to extend non-EU card fee caps to 2029, EU says
Business|Economy

EU antitrust regulators raid consultancy in tyre cartel investigation

EU antitrust regulators on Tuesday raided a consultancy in two EU countries on concerns that it may have breached EU cartel rules, following raids on several major

EU antitrust regulators raid consultancy in tyre cartel investigation
Business|Economy

EU regulators to decide on Bunge and Viterra's $34 billion deal by July 18

U.S. grains merchant Bunge and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July

EU regulators to decide on Bunge and Viterra's $34 billion deal by July 18
Business|Economy

IAG offers remedies to EU over Air Europa deal

British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain's Air Europa.

IAG offers remedies to EU over Air Europa deal
Business|Economy

Car battery makers to fight EU cartel charges at hearing next week, sources say

A group of car starter battery makers will contest European Union accusations of operating a cartel to fix battery prices at a closed hearing next week, people with

Car battery makers to fight EU cartel charges at hearing next week, sources say
Business|Economy

Mondelez fined $365.7 million by EU for cross-border trade curbs

Oreo maker Mondelez International was fined 337.5 million euros ($365.72 million) by EU antitrust regulators on Thursday for impeding cross-

Mondelez fined $365.7 million by EU for cross-border trade curbs
Economy|Europe|Health

EU clears $2.2 billion Dutch state aid for medical isotopes for cancer treatment

The Netherlands on Friday secured EU approval for 2 billion euros ($2.2 billion) of state aid to build a nuclear reactor to produce medical isotopes for cancer

EU clears $2.2 billion Dutch state aid for medical isotopes for cancer treatment
Business|Economy|Health

Drugmaker Servier loses EU court fight over pay-for-delay deals

French drugmaker Servier on Thursday lost its court battle against a European Union fine for deals with rivals to delay sales of generic copies of its top-selling

Drugmaker Servier loses EU court fight over pay-for-delay deals
Business|Europe|Technology

EU antitrust regulators to spell out how Apple must open up to rivals

EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals or

EU antitrust regulators to spell out how Apple must open up to rivals
Business|Europe|Finance|Technology

EU court confirms Qualcomm's antitrust fine, with minor reduction

Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm, revising it down slightly to 238.7 million euros

EU court confirms Qualcomm's antitrust fine, with minor reduction
Business|Europe|Finance|Technology

Google wins EU antitrust fine fight but setback for Qualcomm

Alphabet unit Google won a legal challenge on Wednesday against a 1.49 billion euro ($1.7 billion) European Union antitrust fine, while Qualcomm failed to repeal a

Google wins EU antitrust fine fight but setback for Qualcomm
Business|Europe|Technology

X unlikely to fall under landmark EU tech rules, source says

Elon Musk's X social media platform is unlikely to be subjected to landmark EU tech rules which aim to rein in the power of Big Tech because it does not meet the

X unlikely to fall under landmark EU tech rules, source says
Business|Entertainment|Technology

Videogame firms hit with EU complaint over 'tricking consumers'

Videogame companies Epic Games, Electronic Arts, Roblox and four others were hit with an EU consumer complaint on Thursday accusing them of misleading gamers into

Videogame firms hit with EU complaint over 'tricking consumers'
Business|Europe|Finance|Technology

Google loses fight against $2.7 billion EU antitrust fine

Alphabet's Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of

Google loses fight against $2.7 billion EU antitrust fine
Business|Europe|Technology

EU's Vestager triumphs in crackdown on Apple's tax deal, Google's practices

EU antitrust chief Margrethe Vestager scored two major wins on Tuesday as Europe's top court backed her crackdown against Apple's Irish tax deal and Google's anti-

EU's Vestager triumphs in crackdown on Apple's tax deal, Google's practices
Business|Europe|Technology

Google limits on Android Auto access may breach EU rules, court adviser says

Google's refusal to allow an e-mobility app developed by Enel access to its Android Auto platform may breach competition rules, an adviser to Europe's top court

Google limits on Android Auto access may breach EU rules, court adviser says
Business|Europe|Technology

EU regulators to seek feedback on Google's compliance proposals to avert charges

European Union antitrust regulators will seek feedback next week on Google's proposals to comply with tech rules aimed at promoting fair competition, people with

EU regulators to seek feedback on Google's compliance proposals to avert charges
Business|Europe|Technology

Hewlett Packard Enterprise set for EU nod for $14 billion Juniper deal, sources say

Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks

Hewlett Packard Enterprise set for EU nod for $14 billion Juniper deal, sources say

Follow