The European Commission announced Tuesday that it has decided to extend antitrust exemption given to shipping liner joint ventures for another five years.
According to the watchdog, the antitrust exemption will be valid until April 2020.
After public consultation, the regulator said the exemptions provide “legal certainty” to deals that benefit consumers …read more
According to reports released this week, agricultural biotech giant Monsanto was considering an acquisition of a Switzerland-based rival in hopes of transferring its tax location outside the US.
Reports say Monsanto explored a buyout of Syngenta for more than $40 billion. Syngenta reportedly declined to pursue negotiations, however, and the merger …read more
Mexico officials are reportedly ordering AT&T not to continue its merger process with DirecTV until the companies gain approval by telco authorities.
According to reports, Mexico’s Federal Telecommunications Institute is requiring AT&T and DirecTV to obtain approval for the $48 billion deal by the Institute’s Unit for Economic Competition.
DirecTV holds a …read more
A federal judge Monday allowed plaintiffs to add claims to their lawsuit against Barclays, Rabobank and others that accuse the lenders of LIBOR manipulation, reports say.
US District Judge Naomi Reice Buchwald granted the plaintiffs’ request to add charges that the banks manipulated the LIBOR benchmark rate to gain trading advantages, …read more