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Sainsbury wins $91mn in Mastercard fee dispute in UK

  Bloomberg J Sainsbury Plc was awarded £69 million ($91 million) by a London judge following a long-running dispute over fees charged on card transactions with Mastercard Inc. Mastercard charges on U.K. credit and debit card transactions restricted competition, according to a Competition and Appeal Tribunal judgment published on Thursday. The judgment is the first in a series of claims ...

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Monsanto to revive talks with BASF on Bayer alternative

  Bloomberg Monsanto Co. has revived talks with BASF SE about a possible combination of their agrochemicals businesses, according to people familiar with the matter, after it rejected a $62 billion takeover offer from Bayer AG. The U.S. company is exploring various transactions, including the potential acquisition of BASF’s agriculture-solutions unit, the people said, asking not to be identified as ...

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Democrats assail Wall Street with plan that may hit mom and pop

Bloomberg Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they’re wooing could bear the brunt. The party supports a financial transaction tax to reign in “excessive speculation” and fast traders that have “threatened financial markets.” Small investors would probably see an increase in the cost to buy ...

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