By Ronald Grover and Diane Bartz
(Reuters) – Twenty-First Century Fox’s plan to buy Time Warner could create an upheaval in the sports television world, creating the first meaningful challenge to Walt Disney Co’s ESPN.
Time Warner’s board has rejected an $80 billion bid, but Fox Chairman Rupert Murdoch is unlikely to walk away quickly. A deal would bring him college basketball’s “March Madness” championship tournament, prime time National Basketball Association (NBA) games, and Major League Baseball (MLB) games.
WASHINGTON, July 1 (Reuters) – U.S. authorities filed a
complaint against T-Mobile USA on Tuesday, accusing the
wireless provider of adding millions of dollars of unauthorized
charges onto customers’ bills, a practice known as “cramming.”
The charges were for subscriptions for services like
horoscopes or celebrity gossip delivered by text message, which
often cost $9.99 a month. T-Mobile USA received 35 to 40 percent
of the amount charged, the Federal Trade Commission said in its
WASHINGTON (Reuters) – Cosmetics maker L’Oreal USA has agreed to settle U.S. complaints that its advertisements for skin care products Lancome Genifique and L’Oreal Paris Youth Code were deceptive, the Federal Trade Commission said on Monday.
Under the settlement L’Oreal USA, a subsidiary of L’Oreal SA, is barred from making claims about the products that have not been substantiated by scientific proof, the FTC said.
WASHINGTON, June 10 (Reuters) – The U.S. Congress is working
to update laws on who gets paid for recorded music, in a
possible omnibus bill, as old CDs pile up at yard sales and
music lovers increasingly shift to streaming services such as
Pandora and Spotify.
One bill, the RESPECT Act, would close a loophole that
allows digital music services, like SiriusXM, to stream music
recorded before 1972 without paying for them. These include
legends such as The Beatles, Aretha Franklin, Diana Ross and
other Motown artists.
WASHINGTON, June 5 (Reuters) – Sprint Corp and
T-Mobile might have some fresh arguments to allay
regulator skepticism about a merger, but the government may
still be reluctant to approve shrinking the U.S. wireless market
from four main players to three.
Analysts said a decline in shares of both companies on
Thursday reflected those high regulatory hurdles. T-Mobile
closed 2.3 percent lower and Sprint 4 percent lower.
WASHINGTON (Reuters) – The U.S. Supreme Court threw out two patent decisions on Monday, one related to heart rate monitors and the other on management of web images, rulings that could make it harder for patent trolls to win infringement cases.
The court tossed out an appeals court decision in a patent fight between exercise equipment maker Nautilus Inc and Biosig Instruments over heart rate monitors, a decision that raises the bar on how clearly patents must be written.
WASHINGTON, May 29 (Reuters) – The U.S. government’s
unwillingness to stop Amazon.com from using hardball
tactics in fights with book publishers has angered book lovers
but antitrust experts say regulators are unlikely to intervene
in what appear to be business disputes.
Amazon has delayed the delivery of some Hachette Book Group
titles and even removed an option to pre-order “The Silkworm,”
by Harry Potter author J.K. Rowling writing as Robert Galbraith.
Hachette, the fourth largest U.S. book publisher, is owned by
France’s Lagadere SCA.
WASHINGTON (Reuters) – Senator Patrick Leahy, chairman of the U.S. Senate Judiciary Committee, said on Wednesday a controversial patent bill backed by major technology companies was being taken off the committee’s agenda for now.
The committee had been attempting to reach agreement on changes to a bill aimed at reducing patent litigation brought by patent assertion entities, often called “patent trolls” by their critics. The measure is similar to legislation passed overwhelmingly by the House of Representatives in December.
WASHINGTON, May 20 (Reuters) – ConAgra Foods Inc,
Cargill Inc and CHS Inc won U.S. antitrust
approval on Tuesday to merge their North American flour mill
operations after agreeing to sell four mills to a Japanese
The companies had announced in March 2013 that ConAgra Foods
Inc would join Horizon Milling, a joint venture of Cargill Inc.
and CHS Inc that is the largest flour miller in America. CHS is
owned by farmers and cooperatives. The combined company will be
called Ardent Mills.
WASHINGTON (Reuters) – A U.S. appeals court on Wednesday refused to revive a Samsung Electronics patent case against Apple Inc, affirming a decision in favor of the iPhone and iPad maker.
Apple and Samsung have been litigating around the world for three years, each accusing the other of infringing patents in making smartphones and other mobile devices. Neither side has scored a crippling sales ban against the other.