Antitrust Issues

Federal antitrust regulators Friday cleared Wells Fargo's $11.7-billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. The rapid approval came a day after Citigroup Inc. walked away from its own efforts to...

NEW YORK (AP) _ Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. The rapid approval comes a day after Citigroup Inc. walked away from...

Not so fast. The U.S. Department of Transportation wants greater detail on how pricing and competition would affect fares if it grants Continental Airlines the same antitrust immunity enjoyed by United Airlines and its key partners in the Star Alliance....

Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. The rapid approval comes a day after Citigroup Inc. walked away from its own efforts...

Not so fast, say federal regulators. The Department of Transportation wants more detail on how pricing and competition would be altered if it grants Continental Airlines the same antitrust immunity enjoyed by United Airlines and its key partners in the...

NEW YORK (AP) _ Drugstore chain Walgreen Co. has withdrawn its $2.8 billion bid to acquire Longs Drug Stores, apparently helping to ease the path for Longs' $2.7 billion acquisition by CVS Caremark Corp. Longs had already accepted CVS Caremark Corp.'s...

WASHINGTON (AP) _ A key senator is urging the Justice Department to keep up its investigation into the antitrust implications of the Internet advertising partnership that Google Inc. and Yahoo Inc. plan to launch this month. The deal will see Google sell...

Warren E. Buffett's MidAmerican Energy Holdings Co. said Thursday that it is moving forward with a planned $4.7 billion acquisition of Baltimore-based Constellation Energy Group after completing a review of the BGE parent's retail and wholesale...

A federal investigation into possible food price-fixing has been expanded to include two major industries, tomato processing and egg products. The Justice Department confirmed that prosecutors are conducting separate inquiries into whether the tomato and...

The Justice Department should block a proposed deal between package delivery companies UPS Inc. and DHL Express because it would violate antitrust laws and eliminate thousands of jobs, two Democratic senators said Thursday. The deal "will substantially...

Deerfield-based Walgreen Co. told Longs Drug Stores Corp. it would consider selling its own shops to meet antitrust requirements should it purchase the California-based pharmacy chain for $2.8 billion. Longs, which agreed to be acquired by CVS Caremark...

Drugstore chain Walgreen Co. repeated its $2.8 billion proposal to acquire industry rival Longs Drug Stores Co. Monday night, but Longs snubbed the offer this morning. Longs has already agreed to be acquired by CVS Caremark at a price of $71.50, but...