Mississippi Business Journal » antitrust

Entergy cleared to buy plants, but antitrust investigation continues

Associated Press — Thu, 15 Nov 2012 13:42:08 +0000

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 [...]

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The First buying eight Whitney bank branches

For the MBJ — Wed, 18 May 2011 12:04:57 +0000

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 [...]

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Verizon Wireless buys Centennial assets

Wally Northway — Tue, 24 Aug 2010 10:48:00 +0000

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 [...]

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States reach $173M settlement in DRAM lawsuit

Wally Northway — Mon, 28 Jun 2010 10:56:09 +0000

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 [...]

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Intel talking to FTC about settling antitrust case

Associated Press — Tue, 22 Jun 2010 14:16:34 +0000

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 [...]

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White House proposing new rules for meat companies

Associated Press — Fri, 18 Jun 2010 15:05:20 +0000

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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State joins call to reverse agriculture consolidation

Associated Press — Mon, 22 Mar 2010 14:24:59 +0000

HELENA, Mont. — Montana is leading an effort by 16 states, including Mississippi, to save small farmers and ranchers by urging the federal government to use antitrust weapons and enlist the states’ help to fight increasing consolidation in agriculture. The feds are listening. Attorney General Eric Holder and Agriculture Secretary Tom Vilsack say a series [...]

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