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Intel gets US competition lawsuit

New York's attorney general files an anti-competition lawsuit against Intel, accusing it of using "illegal threats" to dominate microchip sales.

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EU issues objections to Oracle's Sun acquisition

The European Commission on Monday issued its formal "statement of objections" over Oracle's planned acquisition of Sun Microsystems, saying the deal would harm competition in the database market. Oracle responded that it would "vigorously oppose" the Commission, saying its position reflects "a profound misunderstanding of both database competition and open source...

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British Airways Reports Almost One Billion Pound Loss

British Airways is reporting a greater than expected loss for the first half of 2009 and further predicting their annual revenue to be at least GBP one billion less that in 2008. Currently, the airline is facing scrutiny for their alliance with American Airlines and Iberia in Spain. Both EU and US competition regulators are [...]

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BA predicts £1bn slump in revenue but signals business stabilising

... whose alliance with American Airlines and Spain’s Iberia is being scrutinised by European and US competition watchdogs, yesterday reported a pretax loss for the six months to the end of September of £292 million, while revenues fell 13.7 per cent to £4.1 billion.The airline, which has reduced operating costs by 8.7 per cent, said it would slash more costs, with another 1,200 staff losing...