Posts Tagged ‘antitrust’

States settle with manufacturers in DRAM price-fixing case

JACKSON — Consumers can now file claims to recover money due to court preliminary approval of multi-state settlements worth $310 million with all the major manufacturers of dynamic random access memory (DRAM) computer chips for conspiring to fix their prices, according to Attorney General Jim Hood. All settling states, including Mississippi, will have access to […] [...]

Court dismisses Eaton’s claims involving Peters, DeLaughter

JACKSON — The Supreme Court of Mississippi, in a unanimous en banc decision, has affirmed the dismissal with prejudice of all of Eaton’s claims against the Triumph Group Inc, its subsidiary, Triumph Actuation Systems LLC and certain employees, according to Triumph. In upholding the dismissal, the Court concluded that the evidence clearly and convincingly showed […] [...]

Cal-Maine’s bottom line impacted by antitrust settlement

JACKSON — Cal-Maine Foods Inc., for the fourth quarter of fiscal 2013, saw net sales of $325.9 million compared with net sales of $275.2 million for the fourth quarter a year ago. The egg company reported a net loss of $3.8 million, or $0.16 per basic share, for the fourth quarter of fiscal 2013 compared […] [...]

Cal-Maine settles anti-trust lawsuit filed in Pennsylvania

by Associated Press Published: July 23,2013

Tags: agriculture, antitrust, Cal-Maine Foods Inc., Chicken, court, egg, food, law, legal, settlement

JACKSON — Egg producer Cal-Maine Foods Inc. said today that it agreed to settle egg antitrust class action claims for $28 million pretax. The claims were filed in Pennsylvania federal court. Class members can opt in or out of the settlement. The class-action lawsuit alleges that Cal-Maine and some producers of shell eggs and egg […] [...]

Entergy cleared to buy plants, but antitrust investigation continues

JACKSON — Federal officials say Entergy Corp. can buy two power plants from KGen Power Corp. for $523 million, but say the antitrust investigation of Entergy is not over. >>> Entergy utilities receive green light for MISO — Regulators clear path for projected customer savings In making the announcement yesterday, the Department of Justice’s antitrust […] [...]

The First buying eight Whitney bank branches

by For the MBJ Published: May 18,2011

Tags: antitrust, banking and finance, Banks, financial institutions, mergers and acquisitions

HATTIESBURG and GULFPORT — Executives of The First Bancshares Inc., Whitney National Bank and Hancock Bank of Louisiana announced that a subsidiary of The First Bancshares, The First, A National Banking Association, has entered into a branch purchase and assumption agreement with Whitney National Bank and Hancock Bank of Louisiana to acquire seven Whitney branches […] [...]

Verizon Wireless buys Centennial assets

by Wally Northway Published: August 24,2010

Tags: acquisitions, antitrust, telecommunications

SOUTH MISSISSIPPI — Verizon Wireless has purchased from AT&T certain operating assets of Centennial Communications Corp. in Louisiana and Mississippi for $235 million. The transaction was agreed to last year by Verizon Wireless and AT&T and satisfies certain divestiture requirements of the regulatory approvals needed for AT&T to complete its acquisition of Centennial Communications. The […] [...]

States reach $173M settlement in DRAM lawsuit

by Wally Northway Published: June 28,2010

Tags: antitrust, computers, courts, hardware, lawsuit

JACKSON — Attorney General Jim Hood, along with 32 state attorneys general, announced a $173-million settlement against six world-wide manufacturers of Dynamic Random Access Memory computer chips (DRAM) after the companies “devised an elaborate scheme to raise prices” on their products,” according to Hood. The settlement requires the companies to refrain from illegal price-fixing and […] [...]

Intel talking to FTC about settling antitrust case

by Associated Press Published: June 22,2010

Tags: antitrust, computers, hardware

SANTA CLARA, Calif. — Intel says it is in talks with the Federal Trade Commission over settling an antitrust case against the chip maker. In December, the FTC filed charges against Intel Corp., accusing it of practicing illegal sales tactics that have hampered competitors and kept prices for computer chips artificially high. This week, the […] [...]

White House proposing new rules for meat companies

by Associated Press Published: June 18,2010

Tags: agriculture, antitrust, grocers, meat

ST. LOUIS — The Obama administration today proposed new antitrust rules for meat companies that reflect a willingness by the USDA to shift the balance of power between farmers and processors and to regulate an industry long-dominated by a handful of corporate giants. The rules would place the sharpest limits on meat companies since the […] [...]

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