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China obtains patent concessions in return for approving Microsoft-Nokia deal

2014-04-08 12:50:30| InfoWorld: Top News

China is requiring Microsoft and Nokia to make promises on fair patent use, fearing that the proposed acquisition between the two companies could spell trouble for the nation's Android device makers. On Tuesday, China's Ministry of Commerce gave conditional regulatory approval to Microsoft's purchase of Nokia's Devices & Services business. The $7.2 billion deal means that Microsoft could very soon produce its own smartphones using the Windows Phone operating system.

Tags: return china deal patent

 

Loyz Energy to acquire stake in Thai oil concessions

2014-03-05 01:00:00| Hydrocarbons Technology

Singapore-based oil and gas company Loyz Energy has signed a $65m agreement with Carnarvons Thailand subsidiary to acquire a stake in its onshore oil-producing concessions.

Tags: energy oil thai acquire

 
 

EC accepts Google concessions in search market

2014-02-05 14:31:00| Telecompaper Headlines

(Telecompaper) The European Commission has agreed to the concessions offered by Google aimed at improving competition in the online search market. Pending comment from other market players on the committments from Google, the EC aims to sign a binding five-year agreement with the company, putting an end to its compettion investigation of the search giant. Under Google's improved proposal, the company would guarantee that whenever it promotes its own specialised search services on its site (e.g. for products, hotels, restaurants, etc.), the services of three rivals, selected through an objective method, will also be displayed in a way that is clearly visible to users and comparable to the way in which Google displays its own services. This principle would apply to existing and future services. Other concessions include allowing content providers to opt out of inclusion in Google's specialised search results, ending Google's exclusivity requirements in its agreements with publishers for search ads and Google removing restrictions preventing search ad campaigns running on competing platforms. Google's compliance would be supervised by an independent monitoring trustee. Before the EC takes a final decision on the proposal, it will consult with the original complainants in the case.

Tags: search google market accepts

 

More concessions from kinder, cuddlier Ryanair as airline halves controversial excess baggage fee

2013-12-10 19:03:33| Airlines - Topix.net

Ryanair chief executive Michael O'Leary's hearts-and-minds mission to win back disenchanted travellers and deal with the budget airline's image problem took a further step forward yesterday as it offered passengers an "early Christmas present" of reduced baggage charges.

Tags: fee kinder excess airline

 

Holder: Airlines must make concessions to merge

2013-11-05 01:17:00| Airlines - Topix.net

Attorney General Eric Holder says American Airlines and US Airways must make broad concessions if they want to settle a lawsuit blocking their proposed merger.

Tags: make holder airlines merge

 

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