September 11, 2017

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.

EU regulators halt review of Qualcomm-NXP deal for second time.  EU antitrust regulators have halted for a second time their review of U.S. smartphone chipmaker Qualcomm’s $38-billion bid for NXP Semiconductors after the companies failed to provide key details of the deal.  The European Commission paused its investigation on Aug. 17, a filing on its website showed.  It had previously set a Dec. 6 deadline for its decision.  “Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission’s decision is then adjusted accordingly,” EU competition regulators said in an email.

EU Top Court Orders Reexamination of Intel Antitrust Fine.  The European Union’s top court on Wednesday sent back a case on a billion euro fine against chip maker Intel Corp. for further legal examination.  Wednesday’s ruling had been eagerly awaited for its implications on the powers of the antitrust office of the EU.  Now the case could be in limbo for months, if not years.

Apple lawsuits against Qualcomm can proceed, U.S. judge rules.  Apple Inc.’s 11 foreign lawsuits against Qualcomm Inc. can proceed while the company’s dispute plays out in the United States, a U.S. federal judge in San Diego ruled.  Qualcomm and Apple are facing off in federal court over Qualcomm’s licensing for modem chips, which provide mobile data connectivity to devices like the iPhone.  Because those chips have become a standard across the mobile phone industry, Qualcomm is required to license them on fair terms.

Trump’s antitrust pick meets with Elizabeth Warren: source.  Senator Elizabeth Warren, a Democrat from Massachusetts, met on Wednesday with President Donald Trump’s pick to run the Justice Department’s Antitrust Division, where she pressed him on political interference in antitrust and lobbying, according to a source familiar with the discussions.  The source did not say if the meeting was sufficient to convince Warren to support Makan Delrahim.  She has reportedly put a “hold” on his confirmation to be assistant attorney general.

Categories: Antitrust Enforcement, Antitrust Litigation, International Competition Issues

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