Oct 21 House Panel Votes to Repeal Insurance Industry Antitrust Exemption The House Judiciary Committee voted Wednesday to revoke the health insurance industry's limited antitrust exemption, which exempts the industry from federal oversight of business practices such as price fixing. Continue reading
May 13 Watch Other News: Treasury Calls for System to Track Financial Instruments In other news, the Treasury Department called for a central electronic system to track risky financial instruments, including credit default swaps, and the Commerce Department reported retail sales fell for the second month in a row. Continue watching
May 13 EU Levels $1.45B Fine on Intel for Sales Tactics By Admin, PBS News Hour The European Union leveled a record $1.45 billion fine on the Intel Corporation Wednesday for using illegal sale tactics to shut out its competition in the computer chip business after an eight-year antitrust probe. Continue reading
Apr 15 Watch Proposed Delta-Northwest Merger Raises Questions for Airline Industry A proposed Delta-Northwest airline merger comes at a tumultuous time for an airline industry facing high fuel prices and questions over safety procedures. An airline analysts describes the possible implications of the mega-merger and whether consumers will benefit. Continue watching
Apr 03 Microsoft Verdict: Microsoft Broke Rules By PBS News Hour Judge Thomas Penfield Jackson ruled that Microsoft violated federal antitrust laws by using its power to stifle competition and hurt consumers. Continue reading