WASHINGTON (Reuters) – Irish packaging company Ardagh Group SA ARDG.UL is in settlement talks aimed at saving a proposed $1.7 billion deal to buy the U.S. business of Saint-Gobain (SGOB.PA: Quote, Profile, Research, Stock Buzz) unit Verallia in time to meet a mid-January deadline, according to court documents.
The U.S. Federal Trade Commission has filed a complaint against Ardagh, saying the deal for Verallia North America, a rival glass bottle manufacturer, is illegal, but the two sides seem to be finding common ground.
WASHINGTON (Reuters) – Former Google Inc executive Michelle Lee has been named deputy director of the U.S. Patent and Trademark Office (USPTO) and will run the agency until a new director is named, the agency said on Wednesday.
Lee is a former deputy general counsel and head of patents and patent strategy at Google, the search engine giant.
ATLANTA/WASHINGTON (Reuters) – Southwest Airlines (LUV.N: Quote, Profile, Research, Stock Buzz) is purchasing 22 of the 34 takeoff and landing slots at New York’s LaGuardia Airport that American Airlines (AAMRQ.PK: Quote, Profile, Research, Stock Buzz) has given up in return for government approval of its merger with US Airways Group Inc (LCC.N: Quote, Profile, Research, Stock Buzz).
Virgin America plans to buy the remaining 12.
US Airways and American agreed to give up dozens of airport slots to settle a lawsuit brought by the Department of Justice that sought to block the airlines from merging to create the world’s largest carrier.
WASHINGTON (Reuters) – Jostens, already a titan in the market for class rings and other academic mementos, has forged a deal to buy a top rival but U.S. antitrust regulators could frown on the agreement if they think it will raise prices for the already-costly keepsakes.
Minneapolis-based Jostens is owned by the private marketing and publishing services firm Visant Holding Corp but has roots going back more than a century. It agreed in mid-November to buy American Achievement Corp in a $486 million deal.
WASHINGTON, Dec 5 (Reuters) – The U.S. House of
Representatives on Thursday approved a bill aimed at reining in
“patent trolls,” companies that buy or license patents from
others, then extract licensing fees or file infringement
lawsuits viewed by many as frivolous.
The House passed the bill easily, by a vote of 325 to 91. A
Senate panel considering a similar measure has scheduled a
hearing on the issue on Dec. 17.
ATLANTA/WASHINGTON, Dec 4 (Reuters) – Southwest Airlines
and Virgin American will buy the take-off and landing
slots at New York’s LaGuardia Airport that US Airways Group Inc
and American Airlines must sell as part of their agreement to
merge, three sources said on Wednesday.
Last month, US Airways and American
agreed to divest 17 pairs of slots at LaGuardia, a busy airport
with limited capacity, as well as certain other assets, as part
of a settlement of an antitrust lawsuit by the U.S. Justice
WASHINGTON (Reuters) – The growing online usage of ads designed to blend in with the rest of a website’s content, a practice known as “native advertising,” may be illegal in some instances, the Federal Trade Commission warned on Wednesday.
The FTC said that a survey of online publishers found that 73 percent allowed native advertising, the digital descendent of the newspaper “advertorial” and television’s infomercials.
WASHINGTON, Nov 21 (Reuters) – Three executives of Japan’s
Takata Corp will plead guilty to conspiring to fix the
price of seatbelts sold to automakers in the United States and
will go to jail for 14 to 19 months, the Justice Department said
Takata settled with the Justice Department in October,
agreeing to pay $71.3 million to settle antitrust charges.
WASHINGTON, Nov 18 (Reuters) – Two leading U.S. senators
introduced a bill on Monday aimed at making it harder for
“patent trolls” to file frivolous infringement lawsuits.
Patent assertion entities (PAEs), called patent trolls by
critics, are companies that typically do not invent or make
products but buy patents to obtain licensing fees or file
infringement lawsuits. Lawsuits have been triggered by the use
of such common technologies as a coffeehouse offering wireless
internet access to customers or a hotel using online ordering.
WASHINGTON, Nov 18 (Reuters) – A U.S. appeals court on
Monday breathed new life into Apple’s long-running attempt to
secure an injunction banning the sale of some devices made by
Samsung Electronics Co Ltd, ordering a California judge to
reconsider imposing a permanent sales ban on some Samsung
Apple, which makes iPhones and iPads, has been incensed by
what it considers Android knockoffs of its devices, many made by
Samsung. The two companies have been in a long-running and
global battle over patent infringement.