Business

Business

FTC Sues Shire ViroPharma For Maintaining Antibiotic Monopoly

U.S. Federal Trade Commission filed civil action lawsuit against Shire ViroPharma for deliberately delaying generic competition of its Vancocin capsules to monopolize the market on Tuesday, Feb. 7.

Business

ConocoPhilips Wins $380 Million Damage Claim Against Ecuador In International Arbitration

International arbitration decided on Wednesday to order Ecuador to pay $380 million in damage claims to ConocoPhilips for its assets confiscation in 2009.

Business

Judge Forbids The $48 Billion Anthem-Cigna Merger; Anthem Files Appeal

U.S. federal judge blocked the merger plan of two health insurance companies, Anthem and Cigna on Wednesday. Subsequently, Anthem decided to make an appeal.

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