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DOJ Raises A Glass To Anheuser-Busch With Approval Of Grupo-Modelo Merger

A few weeks back it seemed likely that the Department of Justice would let loose a little and allow Anheuser-Busch InBev to merge with Grupo-Modelo, and now it’s official. The DOJ announced today that it had approved the merger after a settlement soothed its fears over anti-competitiveness. Or maybe Anheuser just kept plying it s new BFF with drinks until it agreed.* [More]

FBI Raids 3 Auto Parts Suppliers In Detroit As Part Of Anti-Trust Case

FBI Raids 3 Auto Parts Suppliers In Detroit As Part Of Anti-Trust Case

While the House Committee on Oversight & Government Reform was busy raking Toyota’s chief executives over the coals in Washington, D.C., on Wednesday, Federal agents in Detroit were going all Untouchables-like at the offices of three auto parts suppliers, including one company owned in part by Toyota. [More]

eBay To Be Credit Card, PayPal Only

eBay To Be Credit Card, PayPal Only

The word is that eBay is banning checks and money orders, and buyers will have to use PayPal or (if the seller has a credit card merchant account or an account with a service called ProPay), credit cards.

Food Stamp Users Subsidize Your Credit Card Rewards Programs

Food Stamp Users Subsidize Your Credit Card Rewards Programs

Food stamp users are helping pay for your credit card rewards programs, according to “Priceless? The Social Costs Of Credit Card Merchant Restraints” (PDF), a paper by Gerogetown professor Adam Levitin published in the Harvard Journal on Legislation.

FTC Appeals, Still Trying To Stop Whole Foods/Wild Oats Merger

FTC Appeals, Still Trying To Stop Whole Foods/Wild Oats Merger

A judge has ruled in favor of the Whole Foods/Wild Oats merger, but the FTC has announced they will appeal the decision and are asking that the merger be blocked pending that appeal.

Stephen Colbert Explains the Cingular/AT&T/BellSouth Merger

[via Gizmodo]

Refreshing: Limewire Sues the RIAA

Refreshing: Limewire Sues the RIAA

In a move as refreshing as a cool summer breeze, the pirates from Limewire are sueing the RIAA for anti-trust violations and a bunch of other cool shit.