Latest Antitrust regulation News

Mayors launch task force to oppose minor league contraction

Jan. 22, 2020 5:56 PM EST

Dozens of mayors from across the United States have formed a task force opposing a proposal by Major League Baseball to eliminate 42 affiliated minor league franchises for the 2021 season. The coalition launched Tuesday with three leaders and was up to 30 members by Wednesday afternoon, ranging from Chattanooga,...

In this Nov. 18, 2019, photo Sally Hubbard, the director of enforcement strategy at Open Markets Institute, talks during an interview in New York. Hubbard is an antitrust expert who is director of enforcement strategy at the Open Markets Institute, whose central mission is to call attention to the risks of corporate monopolization. (AP Photo/Mark Lennihan)

Insider Q&A: Antitrust expert looks for strong enforcement

Jan. 12, 2020 11:43 AM EST

WASHINGTON (AP) — Sally Hubbard is an antitrust expert who is director of enforcement strategy at the Open Markets Institute, whose central mission is to call attention to the risks of corporate monopolization. Hubbard previously served as an assistant attorney general in the antitrust bureau of New York...

FILE - In this Dec. 3, 2009 file photo, David Drummond, Senior Vice President and Chief Legal officer of Google, addresses the 62nd World Newspaper Congress in Hyderabad, India. Drummond, the legal chief of Google parent company Alphabet, is leaving at the end of the month, following accusations of inappropriate relationships with employees. Alphabet did not give a reason for Drummond's departure in a short regulatory filing Friday, Jan. 10, 2020. (AP Photo/Mahesh Kumar A., File)

Google legal chief leaving amid sexual misconduct troubles

Jan. 10, 2020 2:51 PM EST

David Drummond, the legal chief of Google parent company Alphabet, is leaving at the end of the month, following accusations of inappropriate relationships with employees. Alphabet did not give a reason for Drummond's departure in a short regulatory filing Friday. The company said in November that its board was...

File-This 1968 file photo shows St. Louis Cardinals outfielder Curt Flood. Flood set off the free-agent revolution 50 years ago Tuesday, Dec. 24, 2019, with a 128-word  letter to baseball Commissioner Bowie Kuhn, two paragraphs that pretty much ended the career of a World Series champion regarded as among the sport's stars but united a union behind his cause. (AP Photo/File)

Curt Flood set off the free-agent revolution 50 years ago

Dec. 24, 2019 5:17 PM EST

NEW YORK (AP) — Curt Flood set off the free-agent revolution 50 years ago Tuesday with a 128-word letter to baseball Commissioner Bowie Kuhn, two paragraphs that pretty much ended the career of a World Series champion regarded as among the sport's stars but united a union behind his cause. St. Louis had...

Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)

Buttigieg leads 2020 rivals in Wall Street contributions

Dec. 21, 2019 1:02 PM EST

WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...

California Attorney General Xavier Becerra, right, is joined by senior adviser Melanie Fontes-Rainer, left, during a news conference in Sacramento, Calif. on Friday, Dec. 20, 2019. One of Northern California's largest health systems is paying $575 million to settle claims that it used anti-competitive practices to bump up costs for patients. Becerra on Friday called the settlement with Sutter Health one of the nation's largest actions against anti-competitive conduct in the health care marketplace. (AP Photo/Don Thompson)

Health system pays $575 million to settle anti-trust lawsuit

Dec. 20, 2019 5:58 PM EST

SACRAMENTO, Calif. (AP) — One of Northern California's largest health systems will pay $575 million to settle claims that it used anti-competitive practices to bump up costs for patients, the state's attorney general said Friday, though that falls short of damages sought in a related private lawsuit that...

Firms to pay $386 million to settle price-fixing allegations

Dec. 17, 2019 1:29 PM EST

HARRISBURG, Pa. (AP) — Thirteen large financial firms are agreeing to pay $337 million to settle claims by Pennsylvania's treasury department and about a dozen other government agencies and pension funds accusing them of inflating the price of bonds issued by Fannie Mae and Freddie Mac, according to...

File-This Oct. 23, 2019, file photo shows Facebook CEO Mark Zuckerberg testifying  before a House Financial Services Committee hearing on Capitol Hill in Washington. Facebook's stock dropped almost 3% in regular trading after news reports Thursday, Dec. 12, 2019, suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps. The reports said the Federal Trade Commission may seek a court injunction that would block Facebook's “interoperability” plans for Facebook Messenger, WhatsApp and Instagram, which involves revising them to use the same underlying software. (AP Photo/Andrew Harnik, File)

Reports: FTC may try to block Facebook from integrating apps

Dec. 13, 2019 4:29 PM EST

SAN FRANCISCO (AP) — Facebook's stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps. The reports said the Federal Trade Commission may seek a court injunction that would block...

FILE - In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. T-Mobile, in its attempt to buy Sprint for $26.5 billion, shrinking the major wireless companies to three from four and creating another phone giant to rival AT&T and Verizon, has already notched approvals from federal national-security, telecommunications and antitrust regulators. Now it must convince a federal court judge in New York that the 14 state attorneys general suing to stop its deal are wrong. (AP Photo/Mark Lennihan, File)

Sprint exec messages suggest T-Mobile deal may boost prices

Dec. 9, 2019 6:32 PM EST

NEW YORK (AP) — Messages by a Sprint executive revealed in federal court suggested he thought an acquisition by T-Mobile might push up mobile-service prices for consumers, undercutting T-Mobile's argument that its deal will benefit Americans. The text messages, presented by attorneys for a coalition of...

Judge dismisses lawsuit against New Mexico health provider

Dec. 6, 2019 4:55 PM EST

ALBUQUERQUE, N.M. (AP) — A U.S. district judge has dismissed a lawsuit filed by a group of cancer doctors against a New Mexico health care provider after she found no violations of federal antitrust laws. The Albuquerque Journal reported Thursday that New Mexico Oncology and Hematology Consultants Ltd....