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USDOJ: Antitrust Division 1998 Press Releases

To find releases published beginning in 2009, please visit the Antitrust Division Press Releases page.

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December

December 30, 1998

Justice Department Settles Merger Lawsuit with Waste Management and Eastern Environmental Services

Justice Department Approves AT&T's Merger with TCI After Companies Agree to Divestiture

December 23, 1998

Justice Department Approves Proposal by Association of Independent Corrugated Converters to Allow Joint Selling by its Members

Justice Department Consents to Termination of British Telecom/MCI Consent Decree

December 18, 1998

Justice Department Moves to End Exclusive Agreement Between IBM and Storagetek in Mainframe Computer Disk Storage Subsystem Products

December 17, 1998

Justice Department Approves Joint Licensing of Patents Essential for Making DVD-Video and DVD-ROM Discs and Players

December 3, 1998

Manhattan Executive Charged with Tax Evasion in Kickback Scheme

November

November 30, 1998

Justice Department Reaches Agreement with City Holding Company and Horizon Bancorp Inc. for West Virginia Divestitures

Justice Department Approves Monsanto's Acquisition of DeKalb Genetics Corporation

November 25, 1998

Justice Department Approves Chancellor Media Corporation's Acquisition of Whiteco Industries' Outdoor Advertising Assets

November 23, 1998

Justice Department Approves Pearson's Purchase of Viacom Publishing Businesses

November 17, 1998

Justice Department Files suit to Block Waste Management's Acquisition of Eastern Environmental Services

Texas Company Charged with Rigging Bids on School Bread Contracts

November 12, 1998

Justice Department Approves Chancellor Media Corporation's Acquisition of Kunz & Company's Outdoor Advertising Assets

November 10, 1998

Justice Department Sues Three Firms over FCC Auction Practices

November 4, 1998

Statement by Assistant Attorney General Joel Klein on Bender v. West Decision

October

October 23, 1998

Justice Department Files Suit to Block Northwest Airlines' Takeover of Continental Airlines

October 21, 1998

Houston Executive Charged with Price Fixing on Metal Building Insulation

October 19, 1998

Individual Charged with Criminal Contempt for Failing to Appear Before Grand Jury

October 14, 1998

Joel Klein Statement Regarding Primestar Abandoning Deal to Acquire News Corp./MCI's Direct Broadcast Satellite Assets

October 13, 1998

Justice Department Approves Norwest/Wells Fargo Merger After Parties Agree to $1.18 Billion Divestiture

October 9, 1998

Justice Department Reaches Agreement with U.S. Bancorp for Clark County, Washington Divestiture

October 7, 1998

Remarks of Attorney General Janet Reno on DOJ Case Against VISA and Mastercard

Remarks of Assistant Attorney General Joel I. Klein on DOJ Case Against Visa and Mastercard

Justice Department Files Antitrust Suit Against Visa and Mastercard for Limiting Competition in Credit Card Network Market

October 2, 1998

Justice Department Approves Lamar Advertising Company's Acquisition of Outdoor Communications Inc.'s Billboard Assets

September

September 30, 1998

Wilbur-Ellis Company Agrees to Plead Guilty to Criminal Contempt

Eastman Chemical Company Agrees to Plead Guilty to Price Fixing Charges and Pay $11 Million Criminal Fine

Texas Company Charged with Fixing Prices of Automotive Replacement Glass

September 29, 1998

Halliburton Co. Agrees to Sell Part of its Worldwide Oil Field Services Business and its Drilling Fluids Business in Order to Proceed with Dresser Industries Merger

September 24, 1998

Talleyrand Broadcasting Abandons Effort to Acquire Radio Stations from Citadel Broadcasting

September 23, 1998

25 New York Real Estate Brokers Plead Guilty to Rigging Bids at Queens County Courthouse Foreclosure Auctions

Department of Justice Blocks Medical Mutual of Ohio's Use of Anti-Discounting Clauses in Hospital Contracts in the Cleveland Area

September 17, 1998

Jury Finds Former Top ADM Executives Guilty of Price Fixing

September 15, 1998

Justice Department Will Not Challenge Merger of Physician Organization in Pennsylvania

September 8, 1998

Justice Department Approves Banc One / First Chicago Bank Merger after Parties Agree to $1.47 Billion Divestiture in Indiana

September 4, 1998

Justice Department Allows Joint Purchasing of Electric Power by Textile Manufacturers

September 2, 1998

Capstar Broadcasting Partners Abandons Acquisition of KATQ Radio in Texarkana, Texas After Justice Department Expresses Antitrust Concerns

Ammunition Company Charged with Bid Rigging

August

August 27, 1998

Texas Company Charged with Fixing Prices of Automotive Replacement Glass

August 20, 1998

Long Island, New York Printing Company Charged with Rigging Bids on Display Contracts to Lorillard Tobacco Co.

August 19, 1998

Justice Recommends FCC Deny Bellsouth's Second Long Distance Application in Louisiana

August 14, 1998

Justice Department Clears NationsBank/BankAmerica Merger After Parties Agree to $491.6 Million Divesture in New Mexico

Justice Department Approves Plan by National Association of Manufacturers to Set up Plan to Resolve Year 2000 Issues

August 13, 1998

Two Northern Virginia Real Estate Spectators Indicted in Bid-Rigging Scam

August 12, 1998

Justice Department Moves to Stop Illegal Boycott by the Federation of Physicians and Dentists on Behalf of Delaware Orthopedic Surgeons

August 11, 1998

Justice Department Approves Dairy Merger After Parties Agree to Sell Plant in Alabama

August 10, 1998

Justice Department Requires Jacor to Sell Eight Radio Stations as Part of Nationwide Communications Inc. Acquisition

July

July 27, 1998

Justice Department Sues to Block Citicorp's Acquisition of Transactive Corporation Assets

July 24, 1998

Justice Department Charges Michigan Company and Executive With Rigging Bids to General Motors

July 16, 1998

Justice Department And City of Stilwell, Oklahoma Settle Antitrust Suit

Justice Department and Thirteen States Clear USA Waste Services Inc.'s Acquisition of Waste Management Inc.

Statement of Joel I. Klein, Assistant Attorney General for Antitrust, on the Abandonment of the Lockheed-Northrop Transaction

July 15, 1998

Justice Department Clears WorldCom/MCI Merger After MCI Agrees To Sell Its Internet Business

July 14, 1998

Justice Department Settles Antitrust Suit With General Electric; Eliminates Restrictive Service Equipment Agreements

July 8, 1998

American Airlines Cleared to Acquire Stock in Argentine Airline

July 1, 1998

Justice Department Approves Plan By Security Industry Firms To Exchange Information About Resolving the Year 2000 Computer Issue

June

June 23, 1998

Dutch Company Charged With Price-Fixing on Citric Acid: Agrees to Pay $400,000 Criminal Fine

Statement Issued By The Department of Justice After the U.S. Court of Appeals' Decision in the Microsoft Consent Decree Case

June 15, 1998

Justice Department Clears Alcoa's Proposed Acquisition of Alumax After Alcoa Agrees to Sell Its Cast Plate Operations

June 11, 1998

Justice Department Clears Environmental Monitoring Equipment Merger After Deal Is Restructured

June 8, 1998

Capstar Terminates Contract to Acquire Radio Station in Cedar Rapids, Iowa to Alleviate Antitrust Concerns

June 4, 1998

U.S. and European Communities Sign Antitrust Cooperation Agreement

June 3, 1998

Justice Department Issues 1997 Annual Supplement to the "Digest of Business Reviews"

May

May 28, 1998

Sinclair Broadcast Group Gets Justice Department Approval to Buy New Orleans Radio Stations After Agreeing to Sell Three Stations

May 21, 1998

Milton Handler Receives the Antitrust Division's John Sherman Award

Justice Department Charges Texas Company With Conspiring to Allocate Customers and Territories in Distributing Magazines

Justice Department Has Major Competitive Concerns With American Airlines and British Airways Alliance

May 18, 1998

Justice Department Files Antitrust Suit Against Microsoft for Unlawfully Monopolizing Computer Software Markets

May 14, 1998

Statement by Assistant Attorney General Joel I. Klein on Filing of Antitrust Suit Against Microsoft

Statement of the Justice Department Regarding Microsoft

May 12, 1998

Justice Department Sues to Block Primestar's Acquisition of News Corp./MCI's Direct Broadcast Satellite Assets

May 7, 1998

Two Former Purchasing Agents at Warner-Lambert are Charged in Connection with Kickback Scheme

May 6, 1998

DOJ and Texas Attorney General Clear USA Waste/TransAmerican Merger After Parties Agree to Divest Houston Assets

May 4, 1998

DOJ Charges Cajun Chemical Inc. With Conspiring to Rig Bids on Janitorial Chemical Contracts

Justice Department Reaches Agreement With Banc One For $614 Million Divestiture in Louisiana

April

April 27, 1998

Justice Department Agrees to Changes to 1979 Coffee, Sugar & Cocoa Exchange Consent Decree

April 16, 1998

Loews Theatres and Cineplex Odeon Corporation Agree to Divest Movie Theaters in Manhattan and Chicago as a Condition of Allowing Merger to Proceed

April 10, 1998

Justice Department Approves First Union/CoreStates Merger After Parties Agree to $1.1 Billion Divestiture in Pennsylvania

April 7, 1998

U.S. Company Agrees to Pay $110 Million Fine for International Conspiracy

April 1, 1998

Justice Department Approves Clear Channel Communications Inc.'s Acquisition of Universal Outdoor Holdings Inc.

March

March 31, 1998

Chancellor Media Corporation Abandons Bid to Acquire Long Island Radio Stations After Justice Department Challenge

Justice Department Requires Capstar to Sell Eleven Radio Stations as Part of SFX Acquisition

Justice Department Requires CBS To Sell Seven Radio Stations as Part of American Radio Systems Acquisition

Kentucky Funeral Home Operator To Pay $500,000 in Civil Penalties

March 25, 1998

Justice Department Allows Sharing of Information to Facilitate Joint Operation of Wireless Communication Antenna Sites

March 23, 1998

Justice Department Goes to Court To Block Lockheed Martin's Purchase of Northrop Grumman: Merger Is Single Largest Ever Challenged

March 20, 1998

Justice Department Will Not Challenge Proposed Changes to American Heart Association Pharmaceutical Roundtable

March 12, 1998

Justice Department Allows Creation of Joint Venture of Providers of Armored Car Services

Former President of American Subsidiary of World's No.2 Liquor Company Pleads Guilty to Embezzlement and Kickback Conspiracy. Admits Conspiring With Other Executives to Embezzle Over $13 Million

March 11, 1998

DOJ, FTC and States Announce Protocol for Cooperation on Merger Investigations

Antitrust Division Announces New Special Counsel

Antitrust Division Names Special Counsel for Information Technology

March 9, 1998

Justice Department Approves Peoples Heritage's Purchase of CFX After Parties Agree to Divestitures in New Hampshire

Justice Department Requires Enova Corporation to Divest Electricity Plants Before Approving its $6 Billion Merger with Pacific Enterprises

March 6, 1998

DOJ Urges SEC to Increase Competition for Securities Ratings Agencies

March 4, 1998

Rochester Gas & Electric Agrees to Settle Antitrust Suit

March 3, 1998

Haynes Holdings, Inc. Abandons Acquisition of Inco Alloys International After Justice Department Announces Intention to Challenge

February

February 27, 1998

Justice Department Urges Surface Transportation Board to Impose Conditions on CSX/Norfolk Southern Acquisition of Conrail

February 25, 1998

Japanese Chemical Giant to Pay $20 Million Fine

February 23, 1998

Japanese Subsidiary Charged With International Conspiracy to Fix Prices for Graphite Electrodes in U.S.

February 19, 1998

Justice Department Reaches Settlement With New York and Missouri Companies to Prevent Collusive Practices

February 13, 1998

"No Monopoly on Antitrust": Op. Ed. in Financial Times by Joel Klein

February 3, 1998

Justice Department Allows Creation and Operation of a Trade Association to Promote the Usage of On-Line Travel Services

January

January 30, 1998

Justice Department Allows Electric Power Joint Venture to Change Method of Bidding in Newly-Deregulated Market Environment

January 28, 1998

Justice Department Approves Capstar Broadcasting Partners' Acquisition of Patterson Broadcasting

January 22, 1998

DOJ-Microsoft Settle Contempt Claim

Statement of Assistant Attorney General Joel I. Klein on the Microsoft Settlement

January 15, 1998

Justice Department Clears Merger Between PerSeptive BioSystems and Perkin-Elmer After Parties Agree to Divest Technology to NeXstar Pharmaceuticals

January 8, 1998

Justice Department Allows Creation of New Wholesaling and Distribution Entity for Industrial Products

Updated February 28, 2023