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Katie Arcieri
Verified
Senior Antitrust Litigation Reporter, Bloomberg Industry Group
Arlington, Washington
Beats
marketing technology and digital transformation.Customer experience
Content
By Katie Arcieri Verified| Bloomberg Law Verified Southern Glazer’s Wine & Spirits LLC was unable to convince a federal judge to toss a Federal Trade Commission suit alleging the company illegally sold alcohol products to small businesses at prices far higher than to large national and regional chains. The FTC sufficiently alleged that Southern Glazer’s discriminated in prices among its customers, Judge Fred W. Slaughter of the US District Court for the Central District of California said.
By Katie Arcieri Verified| Bloomberg Law Verified A unit of AstraZeneca Plc is facing a new antitrust suit claiming the company monopolized the market for a blood disorder drug by blocking competitors that wanted to launch similar, less-expensive versions of the medication. Alexion Pharmaceuticals Inc. forced buyers to pay higher prices for brand-name Soliris by delaying the entry of generics at far lower prices, health insurer EmblemHealth Inc.
By Katie Arcieri Verified| Bloomberg Law Verified Southern Glazer’s Wine & Spirits LLC was unable to convince a federal judge to toss a Federal Trade Commission suit alleging the company illegally sold alcohol products to small businesses at prices far higher than to large national and regional chains. The FTC sufficiently alleged that Southern Glazer’s discriminated in prices among its customers, Judge Fred W. Slaughter of the US District Court for the Central District of California said.
Company Info
Bloomberg Industry Group
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981