Edition:
United States

Diane Bartz

U.S. judge assessing CVS merger with Aetna orders hearing

Mar 14 2019

WASHINGTON A U.S. judge who has been asked to sign off on a government agreement that allowed CVS Health Corp to buy health insurer Aetna ordered a hearing for April 5.

U.S. presidential hopeful Warren wants breakup of Google, Facebook and Amazon

Mar 08 2019

March 8 Senator Elizabeth Warren said on Friday that if elected U.S. president she would seek to break up tech companies Amazon.com Inc, Alphabet Inc's Google and Facebook Inc as part of a structural change to the sector aimed at promoting competition.

U.S. Justice Department will not appeal AT&T, Time Warner merger after court loss

Feb 26 2019

WASHINGTON AT&T Inc emerged victorious on Tuesday over the Trump administration's drawn-out attempts to block its $85.4 billion purchase of Time Warner as the U.S. Justice Department said it would not fight an appeals court ruling approving the deal. | Video

U.S. consumer regulator forms task force to monitor big tech

Feb 26 2019

WASHINGTON The Federal Trade Commission, under pressure to keep closer tabs on big tech companies such as Alphabet's Google and Facebook, said on Tuesday it would create a task force to monitor the sector and investigate anticompetitive conduct.

CORRECTED-UPDATE 4-AT&T defeats U.S. in merger fight to buy Time Warner

Feb 26 2019

WASHINGTON, Feb 26 A U.S. appeals court approved wireless carrier AT&T Inc's deal to buy media company Time Warner on Tuesday, a defeat for the Trump administration which had argued the $85.4 billion merger would mean higher prices for consumers.

FTC loses Shire appeal, losing round in fight against citizen petition abuse

Feb 25 2019

WASHINGTON An appeals court on Monday upheld a judge's decision dismissing a lawsuit filed by the U.S. Federal Trade Commission to fight the practice of brand-name drug companies using a government petition system to delay cheaper, generic drugs from coming to market.

T-Mobile, Sprint executives face skeptical House panel

Feb 14 2019

WASHINGTON Executives from T-Mobile US Inc and Sprint Corp faced tough questions from lawmakers on Wednesday about how the companies' planned merger would affect prices and jobs, especially in rural America. | Video

T-Mobile CEO to defend Sprint deal in Congress

Feb 13 2019

WASHINGTON, Feb 13 T-Mobile US Inc Chief Executive John Legere is set to defend his company's $26 billion deal to buy rival wireless carrier Sprint Corp in Congress on Wednesday, stressing the jobs it will create and how it will benefit the construction of the next generation of wireless networks.

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