RECENT NEWS
Yahoo  9 hrs ago  Comment 
A U.S. judge said on Monday two units of Anglo-Swiss mining company Glencore Plc (GLEN.L) must face a private antitrust lawsuit accusing them of trying to monopolize the market for special high grade zinc, driving up its price. U.S. District Judge...
Reuters  Jun 6  Comment 
The French antitrust watchdog is likely to impose tough conditions on the alliance Vivendi's pay-TV Canal Plus seeks with Qatar-controlled beIN Sports this the week, business daily...
New York Times  Jun 2  Comment 
Anheuser-Busch InBev’s takeover of SABMiller could mean disaster for small brewers if antitrust officials don’t take action.
newratings.com  May 31  Comment 
PADERBORN (dpa-AFX) - Diebold Inc. (DBD) announced its planned acquisition of Wincor Nixdorf AG (WNXDF.PK, WNXDY.PK) has recently cleared antitrust requirements from authorities in Portugal, Russia, Slovakia and Spain. Diebold has obtained...
Yahoo  May 31  Comment 
Microsoft Corp chief executive Satya Nadella is in Beijing this week, a company spokesman said on Tuesday, as China's anti-trust investigation of the U.S. software titan nears its third year.
Financial Times  May 30  Comment 
Antitrust officials likely to raise issues such as the impact on R&D
The Times of India  May 29  Comment 
Sun Pharma said its US subsidiary has received a grand jury subpoena from the US Department of Justice antitrust division related to generic products and pricing in the US market.
Yahoo  May 26  Comment 
Platform competition, not antitrust regulators, will rein in modern monopolies.
Reuters  May 26  Comment 
Australia's antitrust watchdog on Thursday raised fresh concerns about a planned A$9.1 billion ($6.5 billion) takeover of rail and port giant Asciano Ltd , potentially forcing the...
Wall Street Journal  May 25  Comment 
The beautiful world of British modeling agencies may have been up to some anticompetitive ugliness, the U.K.’s antitrust authority alleged Wednesday.




 
TOP CONTRIBUTORS


US antitrust legislation or "competition law" focuses on three kinds of activity discouraging to competition: monopoly, mergers and acquisitions (M&A), and price fixing.

Monopolies and M&A are both regulated to keep companies from becoming too large or powerful within a single or a few industry sectors. M&A activity is particularly worth noting: many industries have been undergoing a phase of general consolidation in the past few years, and U.S. M&A activity has risen more than 31% since 2005 (2006 saw more than US$ 1.5 trillion's worth of activity). Price fixing is also carefully watched to prevent some companies from gaining an "unfair" advantage; antritrust lawsuits in this category tend to target cartels (groups of nominally independent companies that try to artificially establish relatively high prices by agreement across a number of market players).

U.S. Democrats are traditionally harder on antitrust than their Republican counterparts, and the 2008 presidential election will play an important part in determining the strength of the next round of antitrust legislation. In naming his new attorney general and head of the Federal Trade Commission, the new president will heavily influence the political leanings of the two departments with the most control over the outcome of antitrust lawsuits: the Department of Justice and the Federal Trade Commission.

Antitrust Losers

  • TXU and other large utility companies are at risk of antitrust lawsuits for various price-fixing or merger/acquisitions practices. The utilities sector is a particularly common antiturst target because of the high fixed costs/barrier to entry.
    • Telephony/communications, oil, chemicals manufacturing, banking, and cable industries are also strongly at risk for antitrust lawsuits.
  • Microsoft, Apple, and recently even Google are examples of companies that are dominant enough in an industry that any further merger/acquisitions activity is immediately under antitrust activity.

jkhdfl

Antitrust Winners

Legal and economic advisory firms like FTI Consulting, LECG, CRA International, Navigant Consulting, and Huron Consulting Group stand to benefit in all antitrust cases, as they assist parties on both sides by providing trial support services and expert testimony.

To Be Determined

  • XM and Sirius entered into a merger agreement in March 2007 which would leave only one company in the U.S. satellite radio business. Given that neither company has ever generated positive income, a combined company would likely eliminate overlapping costs and optimize operating efficiency. The companies argue against anti-trust worries, claiming their merged company would face heavy competition from traditional radio companies such as Clear Channel Communications (CCU) and CBS (CBS) as well as other audio options for consumers, such as iPods. It wasn't until July 29, 2008, that the two parent companies were able to have completed the long awaited merger. This meant that Sirius Satellite Radio had completed its acquisition of XM Satellite Radio and combining the two radio services to create a single satellite radio network in the United States.This merger brought the combined companies an approximate total of more than 18.5 million subscribers based on current subscriber numbers on the date of merging.
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki