Anti-trust regulators of European Union have launched an in depth probe into the two takeover bids in the computer hardware sector. The first one is Seagate technologies bid for acquiring Samsungs hard disk drive unit and the second deal under the scanner is Western digital’s bid for acquiring Hitachi’s hard drive unit. The main concern according to EU to put these deals under the scanner is the reduction of rivals in the industry. These acquisitions would reduce the number of large manufacturers in the sector to three from five. These deals if they get through would make Western digital the largest market player with 50% market share, while Seagate would be having 40% market share. After the deals the only other player existing in the market other than these two would be Toshiba with 10% of the market share. A decision whether to clear or block these deals will be made by the regulator before October 10^th.

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Ratko Mladic was extradited to The Hague who will be facing charges for crimes against humanity during the Bosnian Conflict. This action came after a Serbian court held against an appeal not to extradite him. His lawyer argued that Mladic is not fit enough to face trials. The court said that he is healthy enough to be extradited. The Serbian Government within hours from the court’s decision signed his extradition papers and sent him aboard a plane to face the trials under The International Criminal Tribunal for Former Yugoslavia. The charges include slaughtering of about 7,500 Muslim men and boys during the Srebrenica Massacre. He will now undergo a full medical examination before facing the trials. This move of the Serbian government is considered as a bid to join the European Union. After the arrest of the former Bosnian Serb leader Radovan Karadzic, Mladic was one of last prominent war crimes suspect in the Bosnian conflict to be at large. His arrest did come with protests accusing the government of its pro-western policies. Ratko Mladic to face trial.

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New York Times reported that Obama administration cracks down on illegal immigrants’ employers.

Barack Oobama US President

Sydney-based Gilbert + Tobin announced Friday it was acquiring Perth alliance partner Blakiston & Crabb Lawyers. The acquisition of the 31-lawyer firm will give Gilbert + lawyer firm will give Gilbert + Tobin an office in the capital of Western Australia’s booming mining industry and take its headcount to over 300 lawyers Tobin an office in the capital of Western Australia’s booming mining industry and take its headcount to over 300 lawyers.

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