(credit: Dave Rutt ) Two Democratic lawmakers introduced a new bill on Wednesday that would institute a host of new regulations to scrutinize mergers, including a prohibition of those valued at more than $5 billion. The Prohibiting Anticompetitive Mergers Act , sponsored by Sen. Elizabeth Warren (D-Mass. ) and Rep. Mondaire Jones (D-N. Y. ), […]
Enlarge (credit: Getty Images | Bloomberg) President Joe Biden announced his anticipated executive order today, and it’s a sweeping document that seeks to counter rising corporate consolidation and foster greater competition in everything from labor markets to mergers, banking, healthcare, device repairs, transportation, broadband, and more. “For decades, corporate consolidation has been accelerating, ” the […]
Our assignment to generate business better would be fueled by viewers just like you. AstraZeneca’s buy of Alexion at a 39 billion cash-and-stock bargain hasn’t impressed AZ’s investors. They shipped the organization’s shares tumbling aggressively in Monday trading. At one point, AZ’s stocks on the London Stock Exchange were down over 7 percent, before rebounding […]