justice department
Former FCC chairman has no confidence in AT&T, T-Mobile merger
AT&T’s bid to acquire T-Mobile USA has gotten more grim. In response to the United States Department of Justice’s antitrust suit to block the merger, former Federal Communications Commission chairman Reed Hundt has drawn his own conclusion. Simply put, Hundt doesn’t think AT&T stands a chance in this case.
AT&T is prepared to make serious concessions in T-Mobile acquisition
AT&T’s efforts to acquire T-Mobile USA experienced a significant setback this week when the United States Justice Department filed an antitrust suit against the merger. Simply put, the Justice Department feels the merger would seriously hurt competition in the wireless market and drive prices up. AT&T is now prepared to go the extra mile to ensure the acquisition goes through.
The United States government doesn’t want a T-Mobile, AT&T merger
AT&T may have just encountered its biggest setback yet in its journey to acquire T-Mobile USA. Bloomberg reports that the United States government is against the merger. The Justice Department has filed a complaint stating the merger is simply bad for competition.
Princeton’s Kindle experiement generates mixed results
Amazon’s Kindle DX has been undergoing testing by several universities as a possible replacement for printed course materials. Last year, University of Washington students reported that it didn’t quite make the cut due to complaints about it’s navigation, folder, and note taking systems, and now Princeton University is chiming in with the same complaints. Both more »
Hitachi pleads guilty to price-fixing in the TFT-LCD scandal
And the cards keep tumbling down. It’s not like we didn’t all see this one coming. After all, three other companies have already admitted they were less than legal when it came to fixing prices for LCD panels sold to U.S. companies Today marks Hitachi Displays Ltd. joining the ranks of those companies charged with conspiring to fix prices, making it four companies and seven individuals charged by the U.S. Department of Justice’s Anti-Trust Division.
A plea agreement just waiting for court approval maintains that Hitachi Displays did agree to cooperate with the Justice Department’s continuing antitrust investigation. Good move guys. According to Scott Hammond, Acting Assistant Attorney in charge of the Anti-Trust Division,
“Hitachi joins three other multinational companies who have admitted to their involvement in fixing prices for LCD panels sold to U.S. companies and that have already paid criminal fines totaling more than $585 million. This case should send a strong message to multinational companies operating in the United States that when it comes to enforcing the U.S. antitrust laws we mean business.”
Hitachi’s share of that $585 million is $31 million, not so big considering it is one of only four hit with the rap. They were nabbed for their role in the conspiracy to fix prices in sales of Thin Film Transistor-Liquid Crystal Display panels (TFT-LCD) that were sold to Dell.















