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Tag Archives: anti-trust

Judge approves C Spire's lawsuit against AT&T/T-Mobile merger

RIDGELAND — A federal judge has ruled that Sprint Nextel Corp. and a regional cellphone company can sue AT&T Inc. over its acquisition of rival T-Mobile USA. AT&T had asked U.S. District Judge Ellen Segal Huvelle to dismiss the case because Sprint and Ridgeland-based C Spire Wireless did not have the right to sue over the deal that would create ...

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Microsoft sends last settlement payment to state

JACKSON — Microsoft Corporation has wired its final $5 million to a state account as part of a multi-million-dollar anti-trust settlement the company reached with the state in 2009, announced Attorney General Jim Hood. “We collected $48.5 million for the state and $1 million for Mississippi consumers who redeemed their vouchers,” said Hood. “Mississippi recovered more than any other state ...

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Justice Department: Whitney branches must be sold

GULFPORT — Hancock Holding Co.’s proposed $1.5-billion acquisition of Gulf Coast banking rival Whitney Holding Corp. passes antitrust muster, provided that eight Whitney offices in Mississippi and Louisiana are sold, the Justice Department said April 1. Under an agreement with the government, New Orleans-based Whitney will sell its entire network of seven branches in the Biloxi and Gulfport areas of ...

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FTC approves Panasonic/Sanyo deal

WASHINGTON — Following a public comment period, the Federal Trade Commission (FTC) has approved a final consent order on Panasonic Corporation’s acquisition of Sanyo Electric Co., Ltd. The final order settles charges that Panasonic’s purchase of Sanyo would have undermined competition in the worldwide market for nickel metal hydride (NiMH) batteries, which power two-way radios and other products, and are ...

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FTC accuses Intel of anticompetitive practices

WASHINGTON — The Federal Trade Commission (FTC) is suing Intel Corp., the world’s leading computer chip maker, charging that the company has illegally used its dominant market position for a decade to stifle competition and strengthen its monopoly. In its complaint, the FTC alleges that Intel has waged a systematic campaign to shut out rivals’ competing microchips by cutting off ...

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Justice forcing AT&T to divest assets

SOUTHWEST MISSISSIPPI — The Department of Justice will require AT&T Inc. to divest assets in eight areas in Louisiana and Mississippi in order to proceed with its $944-million acquisition of Centennial Communications Corp. The Department said that the transaction, as originally proposed, would substantially lessen competition to the detriment of consumers of mobile wireless telecommunications services in those areas, and ...

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