Diane's Feed
Mar 22, 2013

Microsoft did not violate Google patent: ITC judge

WASHINGTON (Reuters) – Microsoft Corp did not violate a patent owned by Google subsidiary Motorola Mobility when it made its popular Xbox, an administrative law judge at the International Trade Commission said in a preliminary decision issued on Friday.

A final ITC decision in the case is due in July.

The fight over the Xbox video game console is related to the larger smartphone patent war between Apple, Microsoft and the mobile phone makers who use Google’s Android software, including its subsidiary Motorola Mobility.

Mar 22, 2013

Supreme Court to decide on deals to delay cheaper drugs

WASHINGTON (Reuters) – The Supreme Court will hear arguments on Monday over whether big drug companies can settle patent litigation with generic rivals by making deals to keep cheaper products off the market.

U.S. and state regulators say the practice costs consumers, insurers and government billions of dollars annually.

Mar 19, 2013

Neiman Marcus settles with U.S. FTC for selling real fur as fake

WASHINGTON, March 19 (Reuters) – Upscale retailer Neiman
Marcus Group Inc settled with the U.S. Federal Trade
Commission on Tuesday for advertising some clothing as having
fake fur when it was in fact real, potentially upsetting
fur-averse buyers.

The Neiman Marcus website advertised three products – a
Burberry jacket, a Stuart Weitzman shoe and an Alice + Olivia
coat – as having fake fur when they did not, the FTC said in a
complaint that accompanied the settlement.

Mar 19, 2013

Lawmakers worry about fare hikes at airline merger hearing

WASHINGTON (Reuters) – Lawmakers discussing the US Airways Group plan to merge with AMR Corp, parent to American Airlines, asked CEOs from the two companies repeatedly on Tuesday if the deal would mean higher fares or reduced service for the U.S. flying public, and were told it would not.

The merger of American parent AMR Corp (AAMRQ.PK: Quote, Profile, Research, Stock Buzz) and US Airways (LCC.N: Quote, Profile, Research, Stock Buzz), announced on February 14 and subject to various approvals, would create the world’s largest air carrier. The deal is worth about $11 billion.

Mar 19, 2013

U.S. lawmakers worry about fare hikes at airline merger hearing

WASHINGTON, March 18 (Reuters) – Lawmakers discussing the US
Airways Group plan to merge with AMR Corp, parent to American
Airlines, asked CEOs from the two companies repeatedly on
Tuesday if the deal would mean higher fares or reduced service
for the U.S. flying public, and were told it would not.

The merger of American parent AMR Corp and US
Airways, announced on Feb. 14 and subject to various
approvals, would create the world’s largest air carrier. The
deal is worth about $11 billion.

Mar 15, 2013

Justice, AB InBev ask for extended delay in big beer deal

WASHINGTON (Reuters) – The U.S. Justice Department and Anheuser-Busch InBev (ABI.BR: Quote, Profile, Research, Stock Buzz), embroiled in a battle over whether AB InBev can expand its stake in the Mexican brewing company Grupo Modelo, asked a court on Friday to extend a delay in the court fight as the two sides hold settlement talks.

The Justice Department and the companies had previously requested and received a limited stay that put the case on hold until March 19.

Mar 14, 2013

U.S. Senate antitrust panel to focus on telecomms, health, transport

WASHINGTON, March 14 (Reuters) – The Senate’s antitrust
panel will focus on the transportation, communications and
healthcare industries, among others, in coming weeks, Senator
Amy Klobuchar, the panel’s new chairwoman, said on Thursday.

Klobuchar told Reuters the Senate Judiciary Committee’s
subcommittee on antitrust, competition policy and consumer
rights would also likely hold an oversight hearing soon to hear
from the new leadership at the Justice Department’s antitrust
division and the Federal Trade Commission.

Mar 14, 2013

Anti-patent troll bill faces questions in U.S. hearing

WASHINGTON, March 14 (Reuters) – Lawmakers asked on Thursday
whether a bill aimed at stopping abusive patent litigation that
costs companies millions of dollars each year could end up
hurting legitimate companies whose inventions have been
infringed.

Cisco Systems Inc, Apple Inc, Google Inc
and other tech powerhouses have been pushing for
legislation that would reduce the number of times each year that
they are sued for infringement by a “non-practicing entity,” a
company that licenses patents as its business.

Mar 4, 2013

Will antitrust cops recoil from king-sized mattress merger?

WASHINGTON (Reuters) – A planned merger of two large U.S. mattress companies will force antitrust regulators to decide how much concentration they are prepared to allow in this once diffuse market.

Tempur-Pedic International Inc, an upstart from Kentucky that rules the market for pricey space-age foam mattresses, has offered to pay $242 million for century-old Sealy Corp, taking on about $750 million in Sealy’s debt in the process.

Feb 28, 2013

President Obama to name Edith Ramirez head of Federal Trade Commission

WASHINGTON (Reuters) – President Barack Obama intends to name Edith Ramirez, once a colleague of his at the Harvard Law Review, as chairwoman of the Federal Trade Commission, a White House official said on Thursday.

Ramirez has been an FTC commissioner since April 2010. She was a Los Angeles lawyer specializing in business litigation and intellectual property before joining the commission.