All Articles

Brussels tackles broadcasting

Premium - 01 July 1998

EU Competition Commissioner Karel van Miert has had two important broadcasting cases on his agenda that are seen as critical to the future of digital television in Europe: British Interactive Broadcasting, a joint venture of British Sky Broadcasting and British Telecom in home shopping and banking, and in Germany the proposed digital TV alliance between erstwhile rivals Kirch Gruppe and Bertelsmann AG alongside Deutsche Telekom, whose cable network is to carry the service.

CIBC/Dominion

Premium - 01 July 1998

Just three months after Royal Bank of Canada and Bank of Montreal unveiled their merger deal (see GCR Feb/Mar 1998), Canada’s largest bank, Canadian Imperial Bank of Commerce, announced plans to merge with the fifth-largest, Toronto-Dominion Bank, which would result in the creation of the ninth-largest bank in North America.

BTR/Owens-Illinois

Premium - 01 July 1998

The European Commission has cleared the acquisition of the UK’s BTR Packaging by Owens-Illinois Inc of the US after the companies agreed to shed all the glass-container business carried out by BTR Packaging, a unit of BTR plc, through its subsidiary, Rockware Group, at its four plants.

Cola wars

Premium - 01 July 1998

PepsiCo Inc, the maker of Pepsi-Cola, has filed its first antitrust lawsuit against Coca-Cola Co in the US District Court in New York, accusing its larger rival of using its market power to keep Pepsi out of restaurants and fast food outlets in the United States.

Lockheed/Northrop

Premium - 01 July 1998

A September court date has been set for the Department of Justice’s attempt to block the US$8.3 billion takeover of Northrop Grumman Corp by Lockheed Martin Corp – despite warnings from Northrop that the delay could kill the deal.

Opinion- H Rodgin Cohen of Sullivan & Cromwell, New York

Premium - 01 June 1998

Should competition authorities - or indeed consumers - be concerned about consolidation within the US financial services industry and the new megabanks emerging from it? Not necessarily, says H Rodgin Cohen of Sullivan & Cromwell, New York

Opinion- David Eisenberg, Vice President - Law, Sprint Corporation

Premium - 01 June 1998

The proposed WorldCom/MCI merger is anti-competitive, believes David Eisenberg, Vice President - Law, Sprint Corporation

Microsoft: will Justice jump?

Premium - 01 June 1998

What will Joel Klein do next? That was the big question as GCR went to press, with Antitrust Department staffers and Microsoft lawyers, led by William H Neukom, huddled in Washington in what were termed 'settlement talks' aimed at averting a looming landmark action against the software giant.

Bork joins Netscape

Premium - 01 June 1998

In the opposing camp, Robert Bork, the former Reagan nominee for the Supreme Court and leading US antitrust scholar, announced that he had been hired by Netscape Communications Corporation to advise on legal strategy.

Competitors in bid to stop WorldCom/ MCI merger

Premium - 01 June 1998

GTE has sued in US federal court to block the proposed merger between WorldCom and MCI, which GTE tried to acquire last November.