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 [...] [...]
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 purchase includes [...] [...]
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 to [...] [...]
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 FTC and [...] [...]
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 Great [...] [...]
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 of [...] [...]
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