Community News

Court victory for Microsoft

Premium 01 August 1998

A month after the DoJ launched a broad antitrust suit against Microsoft, a Washington appeals court accepted Microsoft’s argument that bundling its browser software into Widows constituted a technological improvement for consumers - a decision that opened the way for a subdued retail launch of Windows 98.

Credit Lyonnais

Premium 01 August 1998

The European Commission and the French government have reached agreement over state aid to the French state-owned bank Crédit Lyonnais - four years after the Commission began investigating the case.

Canadian oil companies abandon merger plans

Premium 01 August 1998

Canadian oil companies Petro- Canada and Ultramar Diamond Shamrock have agreed to shelve their joint venture arrangements following a five-month investigation by Canada’s Competition Bureau.

Japan encourages foreign buyouts

Premium 01 August 1998

Japan’s Ministry of International Trade and Industry has come out in favour of foreign takeovers of Japanese firms as a means of making the economy more competitive.

Ladbrokes/ Coral deadline extended

Premium 01 August 1998

The UK Department of Trade has given the Monopolies and Mergers Commission more time to conclude its inquiry into the acquisition by Ladbrokes of the Coral betting assets of Bass.

DoJ approves Alumex buyout

Premium 01 August 1998

The US Department of Justice has cleared the Aluminium Company of America’s US$3.8 billion buyout of Alumax Inc after Alcoa agreed to sell its aluminium cast plate operations.

Zimbabwe moves to implement competition rules

Premium 01 June 1998

The government of Zimbabwe has announced the formation of the country’s first antitrust enforcement body, to be called the Industry and Trade Competition Commission.

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.

Bill's provisions would have expedited UK bus cartel probe

Premium 01 June 1998

The UK’s Office of Fair Trading has referred alleged route-sharing and fare-fixing agreements between local bus operators in northern England to the Restrictive Practices court.

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.