Page 36 - Acb News Today

According to sources in ACB, in the preliminary searches and findings, the officers have unearthed documents of huge assets disproportionate to the incomes of officers in the Revenue department, BBMP, agricultural department and PWD.

U.S. Senator Elizabeth Warren on Monday called on the Justice Department to open a broad investigation on the impact of price- fixing and consolidation in the poultry sector on consumers and farmers.

Italy's antitrust authority has fined U.S. tech giants Amazon.com and Apple Inc a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.

EU antitrust regulators have resumed their investigation into Hyundai Heavy Industries Holdings Co Ltd's bid for rival Daewoo Shipbuilding after a temporary halt of more than a year, setting a Jan. 20 deadline for their decision on the deal.

Britain's competition watchdog said on Monday it will not refer insurance broker Arthur J Gallagher & Co's planned $3.25 billion purchase of Willis Towers Watson's treaty reinsurance brokerage business to an in-depth investigation.

American Airlines and JetBlue Airways Corp asked a U.S. judge on Monday to dismiss an antitrust lawsuit filed by the Justice Department and six states over the company's "Northeast Alliance" partnership.

China's market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they violated anti-monopoly legislation.

Philippine financial regulators agreed on Friday to streamline documentary requirements and cut by two thirds the processing time of bank mergers and acquisitions, in an effort to encourage consolidation in a sector crowded by small lenders.

An Indian antitrust investigation into suspected price collusion by some prominent global agricultural firms was triggered by farmers who complained about excessive pricing of imported carrot seeds, documents seen by Reuters showed.

U.S. President Joe Biden blamed a surge in oil and gas prices on a refusal by OPEC nations to pump more crude.