Disney Buys Lucasfilm for $4.05 Billion


Disney announced today that they are to acquire Lucasfilm. The Walt Disney Company has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm...

Antitrust suit carries on against Intel, Apple, Google and others

Antitrust suit carries on against intel, apple, google and others

They can hope and pray all that they want, but Google, Intel, Apple, Adobe, Intuit, Pixar and Lucasfilm will soon be facing some serious accusations in a courtroom under the Sherman Antitrust Act and California's Cartwright Act. After years of trying to dodge legal action over an "informal agreement" to not pinch each others employees, and an effort to have the case dismissed, the seven defendants will have to stand trial as ordered by District Judge Lucy Koh in San Jose, California. In her decision Koh said, not only was there evidence that these agreements were made at the highest levels of the company but, that six such deals were struck in secret in such a short time frame "suggests that these agreements resulted from collusion." There's still time for yet another deal to be struck, however, this time between the defendants and the DOJ. Otherwise it looks like all seven will have to stand trial in June of 2013.

Antitrust suit carries on against Intel, Apple, Google and others originally appeared on Engadget on Fri, 20 Apr 2012 10:48:00 EDT. Please see our terms for use of feeds.

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