Tagged: Department of Justice

Apple online-music antitrust probe

The Justice Department reportedly is in the early stages of an antitrust investigation against Apple Inc., the largest seller of music online, looking into allegations that it used its dominant market position to try to keep music labels from granting exclusive access to content to Amazon.com.  Law Professor Keith Hylton, an authority on antitrust law, says […]

Morgan Stanley new Fed target

Wall Street investment bank Morgan Stanley reportedly is being investigated by federal authorities to see if it misled investors about mortage-derivatives deals it helped design and sometimes bet against.  This is on the heels of the Securities and Exchange Commission charging Goldman Sachs with securities fraud involving similar collateralized debt obligations or CDOs.  Law Professor […]

Apple draws antitrust suspicions

Federal antitrust enforcers are considering a probe into Apple Inc. after changes in the company’s licensing agreement with iPhone application developers that forbids the use of software tools other than Apple’s to build programs or the transmission of analytical data to third parties like advertisers.  It’s yet to be decided if the inquiry would be conducted […]

Goldman faces criminal probe

Beleagured Wall Street giant Goldman Sachs, already sued by the SEC on securites-fraud civil charges, reportedly is now being investigated by the Department of Justice for possible criminal charges.  Law Professor Elizabeth Nowicki, both a former SEC attorney and Wall Street lawyer, called the revelations stunning. “This is not a usual occurrence at all, and it is […]

New antitrust guidelines for mergers

U.S. antitrust regulators from the Department of Justice and the Federal Trade Commission have proposed new guidelines for how they scrutinize mergers for possible antitrust violations.  Law Professor Keith Hylton, an antitrust law authority, and School of Management finance Professor Michael Salinger, a former FTC director, agree the proposed guidelines more accurately reflect current practice […]

Agriculture antitrust concerns

The Justice and Agriculture Departments are launching a series of year-long public meetings to explore if antitrust practices in the agriculture industry are driving up food prices — with the big target being Monsanto, the world’s largest seed firm.  Law Professor Keith Hylton, an authority on antitrust law, says the productivity of Monsanto’s genetically engineered […]

Report: DoJ probing telecom industry

The Justice Department reportedly has launched a probe to see if large U.S. telecom companies (AT&T, Verizon) are abusing their recently won market power.  For instance, are wireless carriers locking up popular smart-phones by having exclusive agreements with handset makers?  School of Law Professor Keith Hylton, an expert on antitrust law, can look at the […]

More antitrust scrutiny for Google

Google’s 2008 deal with publishers to make millions of books available online is rasing more antitrust suspicion from the Justice Department, which still may try to block or force a renegotiation of the deal which has not yet been approved in court.  Formal civil investigative demands (CIDs) have now been sent to Google and the […]