Kit vendor Ericsson has agreed to pay $206 million to US authorities, following allegations that it breached the terms of a previous $1 billion settlement reached in 2019 related to international corruption.
The US Department of Justice (DoJ) is suing internet giant Google for anticompetitive practices relating to search and search advertising.
Since 2013, Ericsson has been the focus of two investigations concerning the Swedish vendors compliance with the US Foreign Corrupt Practices Act (FCPA), and now it is preparing for the fine.
The US Department of Justice is reportedly on the verge of putting the brakes on a Google and Facebook funded Pacific subsea cable over national security concerns over a Chinese partner.
A race seems to be heating up in the US. On one side, government officials are looking to tackle the influence of big tech, and on the other, Silicon Valley is trying to make it as difficult as possible.
This might sound like the end of the road for one of the most protracted merger processes in recent memory, but T-Mobile US and Sprint will still have to deal with the backlog of legal challenges.
It has been one of the most protracted merger approval processes in recent memories, but source close to the US Department of Justice believe a positive decision is on the horizon for Sprint and T-Mobile US.
The merger approval process is heading towards the business-end of proceedings, and the omens are not looking particularly healthy for T-Mobile US and Sprint.
The FCC might have a skip in its step after securing concessions from T-Mobile US and Sprint ahead of the proposed merger, but the Department of Justice is not convinced.
The US DoJ’s anti-trust chief has not made up his mind on the T-Mobile/Sprint merger case, saying the deal must meet key criteria.
The anti-trust chief in the Department of Justice is said to be receptive to T-Mobile and Sprint’s argument that the combined company will improve America’s competitiveness in 5G.
The US Department of Justice has decided to appeal the June 12 court ruling allowing AT&T’s $85 billion acquisition of Time Warner, it announced late on Thursday.
The US Department of Justice’s (DoJ) Antitrust Division has called on telecoms regulator the Federal Communications Commission (FCC) to more aggressively regulate the amount of spectrum that the country’s larger operators are able to own.
Leading US Carrier Verizon Wireless has no concerns over the proposed merger of AT&T and T-Mobile USA, as long as it does not result in increased industry regulation. The company’s CFO Fran Shammo made the revelation to a Morgan Stanley conference in Spain last week,
Microsoft’s bid for Skype has received the go-ahead from American anti-trust regulators, following an “early termination” of a review into the proposed sale. Under America’s Hart-Scott-Rodinho (HSR) Act, certain types of large mergers and acquisitions deals must be submitted for review by the government.
