Germany’s competition regulator is speaking out against the merger of wireless giants Telefonica and E-Plus, under review by the European Commission, warning that the deal could harm competition and consumers, reports say.
Germany’s Federal Cartel Office reportedly sent a letter to the European Commission last month, according to one source, in …read more
Wireless operators Sprint and T-Mobile have reportedly reached crucial agreements regarding what to do should their proposed merger fail, and should it succeed.
Reports say the companies agreed on a $2 billion breakup fee if the transaction implodes, a value twice as large as previously reported.
But should the merger be successful, …read more
Chinese regulators announced Friday they plan to invest in the consolidation of the domestic infant milk formula industry in efforts to strengthen local competition after various foreign companies were fined for price-fixing.
According to reports, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of …read more
While Donald Sterling is pursuing his antitrust lawsuit against the NBA, suing the league for $1 billion over the forced sale of the Los Angeles Clippers team, reports say the NBA is unfazed by the legal action and could potentially countersue the disgraced mogul.
According to reports, the NBA is set …read more