Last month, the Justice Department was reported to be preparing an investigation of Google to determine whether the search engine giant had broken anti-trust law
. The US Department of Justice said its anti-trust review would consider "whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation or otherwise harmed consumers".
In a statement, the Control Yuan said the settlement agreement took the FTC only 10 months to reach, replacing an earlier decision that the commission spent two years and eight months making after an investigation that ended in the imposition of a massive fine for Qualcomm's violation of Taiwan's anti-trust law
"We already have a durable anti-trust law
in place that prohibits mergers and acquisitions that diminish market competition," Pimentel pointed out.
"I looked up the rule, thought about it, and said to myself, this seems to be somewhat contrary to more contemporary developments in anti-trust law
," Klema said.
Hopes of being saved by rival Tuskys Supermarket were crushed by the Competition Authority of Kenya, which said that the merger application submitted by the two retailers for regulatory review was done under the wrong clause of the Anti-trust law
Among topics of discussion by the committee will be adopting a GCC unified anti-trust law
, removing trade obstacles, and fighting commercial fraud, among other concerns.
In December, he invoked a never-before-used clause in the anti-trust law
that allows for decisions of the Anti-Trust Authority to be overridden in the name of security and international diplomacy.
does not limit company size or market share.
It also has litigation pending against securities firms alleging violations of state and federal anti-trust law
by manipulation of interest rates through the London Interbank Offer Rate system, as well as against financial firms alleging their failure to perform their duties as trustees of residential mortgage-backed securities trusts, the agency said.
A 30-year veteran of antitrust law has been appointed chair of the American Bar Association's Section of Anti-Trust Law
for the 2015-2016 term.
The group also pleaded guilty to a violation of US anti-trust law