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The Industry Standard (Free subscription) | yesterday
... deal 4-1 they assumed Yahoo would remain a strong competitor, which was proven dead wrong when the DOJ eleven months later had to intervene and block Google’s anti-competitive proposed Ad Agreement with Yahoo.
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VentureBeat (Free subscription) | yesterday
... deal 4-1 they assumed Yahoo would remain a strong competitor, which was proven dead wrong when the DOJ eleven months later had to intervene and block Google’s anti-competitive proposed Ad Agreement with Yahoo.
5Vote!
TRUTH ON THE MARKET (Free subscription) | yesterday
The European Commission has issued a Statement of Objections in response to Oracle’s proposed acquisition of Sun. The deal had already cleared the DOJ’s review. Oracle is none too happy about the development, issuing a strongly-worded statement. Here’s a taste: The database market is intensely competitive with at least eight strong players, including IBM, Microsoft, Sybase [...]
4Vote!
Post I.T. (Free subscription) | yesterday
European regulators have objected to Oracle's proposed $7.4 billion takeover of Sun Microsystems, parting from their counterparts in the United States who have already blessed the deal. Oracle, the world's largest database software company, said the European Commission said Oracle's acquistion of Sun's MySQL database software would harm competition. The Redwood Shores, Calif. company said it would...
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PR News Wire (Free subscription) | 11/06/2009
NATICK, Mass., Nov. 6 /PRNewswire-FirstCall/ -- Boston Scientific Corporation (NYSE: BSX) today announced that it has reached an agreement in principle with the U.S. Department of Justice (DOJ) related to product advisories issued by its Guidant subsidiary in 2005. The alleged conduct and product sales occurred prior to Boston Scientific's 2006 acquisition of Guidant.
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Law Blog - WSJ.com (Free subscription) | 11/06/2009
Boston Scientific will pay $296 million in an agreement with the
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The BLT: The Blog of Legal Times (Free subscription) | 11/06/2009
The Senate late Thursday signed off on two pending nominees for top positions in the U.S. Justice Department. Ignacia Moreno, a former environmental counsel at General Electric, was confirmed 93-0 as assistant attorney general for the Environment and Natural Resources...
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The Boston Business Journal (Free subscription) | 11/06/2009
Medical device maker Boston Scientific Corp. plans to spend $296 million to settle a U.S. Justice Department investigation into the company's alleged failure to report possible defibrillator defects. (BSX)
3Vote!
Medical News Today (Free subscription) | 11/06/2009
News outlets focus on alleged fraud in the drug and insurance industries. "A $112 million settlement involving alleged drug kickbacks that the Justice Dept. announced with the nation's largest nursing home pharmacy and a generic drug manufacturer on Nov. 3 is part of a wide-ranging investigation of suspected Medicaid fraud by the pharmaceutical industry,"
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Crime & Federalism (Free subscription) | 11/06/2009
Federal judges are standing up to the United States Department of Justice: Judge Paul Friedman of the U.S. District Court for the District of Columbia says he's "radicalized" when it comes to prosecution disclosure obligations. He is a proponent of a federal rule that clearly spells out the government's obligation to turn over favorable evidence to defense lawyers. Mike Scarcella...
3Vote!
Emptywheel (Free subscription) | 11/06/2009
... After giving the government multiple opportunities to come clean, Judge Lamberth blistered the DOJ with an opinion literally finding their acts a fraud upon the court. After being exposed on the record by Judge Lamberth, the government suddenly decided to settle with the plaintiff, with a non-disclosure and no admission of wrongdoing agreement of course, and then moved the court to vacate its rulings...
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Market Watch (Free subscription) | 11/06/2009
BOSTON (MarketWatch) -- Boston Scientific Corp. said Friday that it has agreed in principle to settle an investigation with the Department of Justice for $296 million. The probe focused on the former Guidant Corp.'s 2005 warnings on its Contak Renewal and Ventak Prizm medical device products. Boston Scientific acquired Guidant in 2006. Under the settlement, Guidant will plead to two misdemeanor charges...
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The Huffington Post (Free subscription) | 11/06/2009
... ago about the torture memos by the Office of Professional Responsibility (OPR), the department in DOJ that investigates allegations of professional misconduct by DOJ attorneys. We still don't know all the facts about what led this country to torture. Information has emerged in bits and pieces over the last several years, thanks to extensive litigation by civil liberties advocates and to the selected...
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Red Orbit (Free subscription) | 11/06/2009
NATICK, Mass., Nov. 6 /PRNewswire-FirstCall/ -- Boston Scientific Corporation (NYSE: BSX) today announced that it has reached an agreement in principle with the U.S. Department of Justice (DOJ) related to product advisories issued by its Guidant subsidiary in 2005.