Author: 21st Century Competition

US: Class action challenges AT&T, DirecTV deal (Competition Policy International)

A class action lawsuit filed Thursday is looking to upend AT&T’s proposed acquisition of DirecTV, according to reports.

DirecTV shareholder Teresa Silvestri has filed the lawsuit against the companies and their $48 billion deal on the grounds that the price tag is too low and does not reflect the financial potential …read more

US: Jos. A. Bank, Men’s Wearhouse battle comes to a close (Competition Policy International)

The merger battle between menswear retailers Jos. A. Bank and Men’s Wearhouse has come to a close as the Federal Trade Commission gave its approval for Men’s Wearhouse to acquire its rival.

The merger followed months of debate between the two companies over which would acquire the other. Jos. A. Bank …read more

Australia: Indie beer brewers get help from ACCC (Competition Policy International)

The Australian Competition and Consumer Commission is reportedly taking up the task of investigating the nation’s two largest beer brewers following allegations they are abusing their market power to squeeze smaller competitors out of the market.

Lion, along with Carlton & United Breweries, are now the focus of a competition probe …read more

US: NCAA scrambles to delay antitrust trial yet again (Competition Policy International)

Athletic Association to delay an impending antitrust trial, reports say the NCAA has not given up yet and filed an emergency petition with the 9th US Circuit Court of Appeals to push back the June 9 date.

The appeals court was asked to vacate US District Judge Claudia Wilken’s ruling of …read more