Connecticut AG adds Allstate to antitrust probe
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Connecticut Attorney General Richard Blumenthal said on Friday that his antitrust probe into the insurance industry includes Allstate Corp. , the largest publicly traded auto and home insurer.
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Connecticut has issued 35 subpoenas in recent days to insurance companies and brokers doing business in the state, Attorney General Richard Blumenthal said on Thursday.
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InfoWorld - Google&#160;on Tuesday confirmed that the U.S. Federal Trade Commission is investigating its&#160;proposed $3.1 billion purchase&#160;of online advertising seller DoubleClick.
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Massachusetts Attorney General Thomas F. Reilly and the state Division of Insurance have each opened separate investigations of insurance companies and brokers to determine if any engaged in price fixing or other illegal sales practices that cheated customers out of the best prices for policies.
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The Federal Trade Commission has opened an antitrust investigation into Google Inc.'s proposed $3.1 billion purchase of ad-management technology company DoubleClick Inc.
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The Massachusetts attorney general's office is expanding its investigation into the lucrative commissions insurers pay brokers and consultants who promote their products, saying some of them may have violated their contracts with cities and towns.
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A state attorney general said on Monday that his office is looking for proof that a new drink from Coca-Cola Co. and Nestle burns calories, as the companies claim.
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Blog: The Federal Trade Commission plans to expand its probe beyond Google-DoubleClick to also look at Microsoft and Yahoo deals, the Wall Street Journal reported Thursday
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Connecticut is going to join California amid New York Attorney General Eliot Spitzerâs probe over the US insurance industry scandal.
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The chairman of a Senate antitrust panel said Thursday that Google Inc.'s proposed $3.1 billion acquisition of online advertising firm DoubleClick Inc. "warrants close examination" by federal regulators.
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U.S. Federal Trade Commission Chairman Deborah Platt Majoras is consulting with the agency&#39;s ethics officer to see if she should recuse herself from a review of&#160;Google&#39;s planned acquisition of online ad network DoubleClick.On Wednesday, two technology lobbying organizations called on Majoras to recuse herself, citing her husband&#39;s involvement in the matter. John Majoras is a partner with Jones Day, the law firm that is advising DoubleClick on antitrust issues relating to the US$3.1 billion buyout. Jones Day representatives, including John Majoras, did not immediately return calls seeking comment.Chairman Majoras &quot;has previously recused herself in similar matters for similar reasons where there was a lesser conflict of interest,&quot; representatives of the Electronic Privacy Information Center (EPIC) and the Center for Digital Democracy (CDD) wrote in a complaint submitted to the U.S. regulator late Wednesday. &quot;It is clear that she must recuse herself now.&quot;The chairman is now reviewing the matter with the FTC&#39;s chief ethics officer, Christian White, but an FTC spokeswoman on Wednesday downplayed the possible conflict of interest. John Majoras&#39; law firm has not appeared before the FTC in this matter, according to FTC spokeswoman Claudia Farrell. &quot;We learned only yesterday that Jones Day is representing DoubleClick before the European Commission, not the Federal Trade Commission,&quot; she said.Even so, the Jones Day connection may have influenced FTC staffers or the chairman herself, said Jeff Chester, executive director with the CDD. &quot;There&#39;s no question that there&#39;s a stealth set of influences here that could have shaped the staff opinion,&quot; he said. &quot;We do not know what impact it might have on the chairman.&quot;Jones Day is advising DoubleClick on &quot;international and U.S. antitrust and competition law aspects of its planned $3.1 billion acquisition by Google,&quot; the law firm says in a note on its Web site.The deal has come under scrutiny from regulators in the U.S. and Europe who are examining whether it will give Google too much control over the Internet advertising market and too much data on the online behavior of its users.&#160;
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(InfoWorld) - A U.S. House of Representatives subcommittee has opened an investigation into Google'sÂ proposed $3.1 billion acquisitionÂ of online advertising seller DoubleClick. The House Energy and Commerce Committee's Subcommittee on Commerce, Trade and Consumer Protection will look into the "far-reaching privacy and competition issues raised by the proposed acquisition," Representative Bobby Rush, the subcommittee chairman, said in a statement. Rush informed the U.S. Federal Trade Commission of the investigation in a letter sent Tuesday. In May, the FTC opened its own investigation into the proposed acquisition. The subcommittee will seek to host a hearing on the acquisition later this year, Rush said in the letter. Consumer groups haveÂ raised concernsÂ that the combined company would be a threat to privacy. In April, the Electronic Privacy Information Center, the Center for Digital Democracy and the U.S. Public Interest Research GroupÂ asked the FTC to blockÂ the merger unless it obtains guarantees from Google and DoubleClick that they will protect Internet users' privacy. The groups want Google to destroy all cookies and other persistent identifiers resulting from Internet searches that are or could be personally identifiable once a user terminates a session with Google. Other groups have raised concerns about the acquisition's effect on competition in the online advertising market. Rush, an Illinois Democrat, shares those concerns, he wrote to the FTC. "The subcommittee takes very seriously the protection of consumer privacy," he added. Google said in a statement issued Thursday that it was confident the FTC will conclude the acquisition "poses no risk to competition." The Senate Judiciary Committee is also planning hearings on the online advertising space, including recent acquisitions by MicrosoftÂ and Yahoo, according to a source familiar with the hearing plans. Â
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New York state launched a formal investigation on Thursday to determine if Intel Corp, the world's biggest chip maker, violated state and U.S. antitrust laws to squeeze out rival Advanced Micro Devices Inc.
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The Justice Department is investigating Joe L. Allbritton's extensive personal use of the Gulfstream jet and other company assets during and after his time as chief executive of the company.
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(Boston-AP, Oct. 22, 2004 6:07 PM) _ Massachusetts Attorney General Thomas Reilly and top insurance regulators are both investigating fee arrangements between insurers and brokers.
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The state of Ohio has filed an anti-trust lawsuit accusing Marsh & McLennan Cos , AIG  and three other insurers and their subsidiaries of price fixing and other anti-competitive behavior, Attorney General Marc Dann said on Monday.
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TALLAHASSEE, Florida  - Florida's insurance commissioner said on Wednesday he suspended Allstate Cos from writing new policies in the state because it had not fully complied with a subpoena to testify about its property insurance business.