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Antitrust
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Bipartisan members of the U.S. Congress and former Department of Justice officials oppose AI companies seeking antitrust exemptions, fearing they may restrict competition under the guise of safety.
Top AI company executives are seeking a narrow antitrust exemption to collaborate on AI safety issues, but bipartisan members of the U.S. Congress and former Department of Justice officials oppose thi
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South Korea's antitrust regulator opens preliminary review of Uber's planned $13.7B acquisition of Delivery Hero
The deal would give Uber control of Baemin, Korea's leading food delivery app. The Korea Fair Trade Commission stated that Uber requested the voluntary review ahead of its formal merger filing to asse
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Paramount and California are in settlement talks regarding the $81 billion merger antitrust lawsuit, with a commitment to invest $1.5 billion. Warner Bros. shares rose over 7% in pre-market trading.
Paramount and California Attorney General Rob Bonta recently entered negotiations regarding a potential settlement, which includes a commitment to invest $1.5 billion in film and television production
-
South Korea's FTC Chairman: Will continue to enforce platform competition rules on domestic and foreign companies
Ju Biung-ghi, chairman of South Korea's antitrust agency the Fair Trade Commission (FTC), said on Monday that the agency will continue to enforce platform competition rules on domestic and foreign com
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Paramount is negotiating an antitrust lawsuit that has hindered its deal with Warner Bros. Discovery.
Paramount is negotiating a settlement in an antitrust lawsuit that has blocked its $111 billion merger deal with Warner Bros. Discovery. A settlement in the lawsuit, filed by a dozen Democratic states
-
Zillow Loses Antitrust Battle Over Chicago Area Listings Feed
Zillow Group Inc. lost its bid to force Illinois’ largest provider of real estate listings to provide access to its data about homes for sale.
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Italy's antitrust regulator will review Intesa Sanpaolo's 13% stake in Generali Group following its acquisition of Banca Monte dei Paschi di Siena.
Regulators will review Intesa Sanpaolo's potential acquisition of a 13% stake in Generali, Italy's largest insurer, following its takeover of Banca Monte dei Paschi di Siena, and the resulting competi
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Italy's antitrust regulator has launched a formal investigation into Intesa Sanpaolo's $35 billion offer to acquire Banca Monte dei Paschi di Siena.
The investigation aims to assess the potential impact of the transaction on the competitive dynamics of the Italian local and national banking and insurance markets. The regulator's preliminary findin
-
Naver and Toss are embroiled in a dispute over search and offline payment businesses, with Naver seeking a police investigation and Toss preparing an antitrust complaint.
South Korean tech giant Naver and fintech firm Toss are embroiled in a two-pronged dispute, industry sources revealed on Wednesday. Naver is seeking a police investigation into Toss's reward search ca
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Kimberly-Clark Prepares Asset Sales to Address EU Antitrust Concerns Over $40 Billion Kenvue Acquisition
According to Reuters, Kimberly-Clark (KMB) is preparing to divest assets to resolve EU antitrust issues regarding its planned $40 billion acquisition of Kenvue. The company aims to secure European Com
-
NVIDIA is under investigation by the U.S. Department of Justice over a licensing agreement with AI chip company Groq, potentially related to circumventing antitrust review.
The U.S. Department of Justice is reportedly reviewing a licensing agreement between NVIDIA and AI chip company Groq to determine if NVIDIA deliberately structured the deal as a licensing agreement to
-
General Mills, Mars, and McKee Foods Allege US Sugar Producers Colluded on Price
General Mills Inc., Mars Inc., and McKee Foods Corp. have joined a growing list of food manufacturers and grocers in an antitrust lawsuit, alleging that top US sugar producers colluded to inflate pric
-
Elliott Sues LME Over Nickel Crisis Handling, Alleging Breach of UK Competition Rules
Elliott Investment Management has launched new legal action against the London Metal Exchange (LME), claiming its handling of the nickel crisis breached UK competition rules, according to the defendan
-
Google defeats US bid to force ad tech sale, judge rejects breakup of advertising exchange
A judge in Virginia on Wednesday rejected the U.S. Department of Justice's bid to force Alphabet's Google to sell its online advertising exchange, AdX. This ruling marks the second significant symboli
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KKR to Pay Record $250 Million HSR Penalty, But Outside Law Firms Will Reimburse Full Amount
KKR has agreed to pay a record $250 million to settle Justice Department claims that it repeatedly ignored premerger filing rules under the Hart-Scott-Rodino Act. This is the largest penalty ever impo
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South Korea's FTC Raids Coupang Headquarters Again with 30 Investigators, Demanding Nearly a Decade of Records After Previous Inspection Was Blocked
South Korea's antitrust regulator, the Fair Trade Commission (FTC), sent approximately 30 investigators to Coupang's Seoul headquarters on Tuesday. This renewed inspection, conducted under a different
-
Amazon sued by FTC and 22 states, accused of manipulating ad auctions and overcharging advertisers by over $20 billion for more than 5 years.
The U.S. Federal Trade Commission (FTC), joined by attorneys general from 22 states, has filed a lawsuit against Amazon, accusing the e-commerce giant of systematically overcharging 1.2 million advert
-
Paramount Skydance's acquisition of Warner Bros. Discovery (WBD) has stalled due to an antitrust lawsuit, with initial settlement negotiations breaking down.
The Paramount Skydance acquisition of Warner Bros. Discovery (WBD) is currently stalled due to a series of state antitrust lawsuits led by California Attorney General Rob Bonta. Earlier this week, pre
-
Paramount and Warner Bros. Discovery's (WBD) proposed $110 billion merger has been delayed until June 2027 due to an antitrust lawsuit filed by state attorneys general, which is expected to bring a chill to M&A in the media industry.
The transaction had previously received approval from global regulators, including the U.S. Department of Justice's antitrust division. Industry insiders point out that increasingly stringent scrutiny
-
South Korea's media watchdog concludes Google, Apple violated laws by abusing app marketplace dominance; sanctions pending
South Korea's media watchdog, the Korea Media Communications Commission, concluded Wednesday that Google and Apple violated related laws by abusing their dominance in their respective app marketplaces
-
New Jersey sues Amazon for antitrust violations, alleging 'monopsony' power over delivery contractors leads to suppressed wages and competition
New Jersey Attorney General Jennifer Davenport announced the lawsuit, alleging Amazon abuses its power over third-party delivery contractors by preventing them from unionizing and restricting them fro
-
Alphabet (GOOGL.O) is down 1.3% in premarket trading
Svmuu News: Alphabet (GOOGL.O) is down 1.3% in premarket trading. This follows news that Alphabet’s subsidiary,Google, lost a lawsuit in an EU court over a 4.1 billion euro antitrust fine related to A
-
Bipartisan members of the U.S. Congress and former Department of Justice officials oppose AI companies seeking antitrust exemptions, fearing they may restrict competition under the guise of safety.
Top AI company executives are seeking a narrow antitrust exemption to collaborate on AI safety issues, but bipartisan members of the U.S. Congress and former Department of Justice officials oppose thi
-
South Korea's antitrust regulator opens preliminary review of Uber's planned $13.7B acquisition of Delivery Hero
The deal would give Uber control of Baemin, Korea's leading food delivery app. The Korea Fair Trade Commission stated that Uber requested the voluntary review ahead of its formal merger filing to asse
-
Paramount and California are in settlement talks regarding the $81 billion merger antitrust lawsuit, with a commitment to invest $1.5 billion. Warner Bros. shares rose over 7% in pre-market trading.
Paramount and California Attorney General Rob Bonta recently entered negotiations regarding a potential settlement, which includes a commitment to invest $1.5 billion in film and television production
-
South Korea's FTC Chairman: Will continue to enforce platform competition rules on domestic and foreign companies
Ju Biung-ghi, chairman of South Korea's antitrust agency the Fair Trade Commission (FTC), said on Monday that the agency will continue to enforce platform competition rules on domestic and foreign com
-
Paramount is negotiating an antitrust lawsuit that has hindered its deal with Warner Bros. Discovery.
Paramount is negotiating a settlement in an antitrust lawsuit that has blocked its $111 billion merger deal with Warner Bros. Discovery. A settlement in the lawsuit, filed by a dozen Democratic states
-
Zillow Loses Antitrust Battle Over Chicago Area Listings Feed
Zillow Group Inc. lost its bid to force Illinois’ largest provider of real estate listings to provide access to its data about homes for sale.
-
Italy's antitrust regulator will review Intesa Sanpaolo's 13% stake in Generali Group following its acquisition of Banca Monte dei Paschi di Siena.
Regulators will review Intesa Sanpaolo's potential acquisition of a 13% stake in Generali, Italy's largest insurer, following its takeover of Banca Monte dei Paschi di Siena, and the resulting competi
-
Italy's antitrust regulator has launched a formal investigation into Intesa Sanpaolo's $35 billion offer to acquire Banca Monte dei Paschi di Siena.
The investigation aims to assess the potential impact of the transaction on the competitive dynamics of the Italian local and national banking and insurance markets. The regulator's preliminary findin
-
Naver and Toss are embroiled in a dispute over search and offline payment businesses, with Naver seeking a police investigation and Toss preparing an antitrust complaint.
South Korean tech giant Naver and fintech firm Toss are embroiled in a two-pronged dispute, industry sources revealed on Wednesday. Naver is seeking a police investigation into Toss's reward search ca
-
Kimberly-Clark Prepares Asset Sales to Address EU Antitrust Concerns Over $40 Billion Kenvue Acquisition
According to Reuters, Kimberly-Clark (KMB) is preparing to divest assets to resolve EU antitrust issues regarding its planned $40 billion acquisition of Kenvue. The company aims to secure European Com
-
NVIDIA is under investigation by the U.S. Department of Justice over a licensing agreement with AI chip company Groq, potentially related to circumventing antitrust review.
The U.S. Department of Justice is reportedly reviewing a licensing agreement between NVIDIA and AI chip company Groq to determine if NVIDIA deliberately structured the deal as a licensing agreement to
-
General Mills, Mars, and McKee Foods Allege US Sugar Producers Colluded on Price
General Mills Inc., Mars Inc., and McKee Foods Corp. have joined a growing list of food manufacturers and grocers in an antitrust lawsuit, alleging that top US sugar producers colluded to inflate pric
-
Elliott Sues LME Over Nickel Crisis Handling, Alleging Breach of UK Competition Rules
Elliott Investment Management has launched new legal action against the London Metal Exchange (LME), claiming its handling of the nickel crisis breached UK competition rules, according to the defendan
-
Google defeats US bid to force ad tech sale, judge rejects breakup of advertising exchange
A judge in Virginia on Wednesday rejected the U.S. Department of Justice's bid to force Alphabet's Google to sell its online advertising exchange, AdX. This ruling marks the second significant symboli
-
KKR to Pay Record $250 Million HSR Penalty, But Outside Law Firms Will Reimburse Full Amount
KKR has agreed to pay a record $250 million to settle Justice Department claims that it repeatedly ignored premerger filing rules under the Hart-Scott-Rodino Act. This is the largest penalty ever impo
-
South Korea's FTC Raids Coupang Headquarters Again with 30 Investigators, Demanding Nearly a Decade of Records After Previous Inspection Was Blocked
South Korea's antitrust regulator, the Fair Trade Commission (FTC), sent approximately 30 investigators to Coupang's Seoul headquarters on Tuesday. This renewed inspection, conducted under a different
-
Amazon sued by FTC and 22 states, accused of manipulating ad auctions and overcharging advertisers by over $20 billion for more than 5 years.
The U.S. Federal Trade Commission (FTC), joined by attorneys general from 22 states, has filed a lawsuit against Amazon, accusing the e-commerce giant of systematically overcharging 1.2 million advert
-
Paramount Skydance's acquisition of Warner Bros. Discovery (WBD) has stalled due to an antitrust lawsuit, with initial settlement negotiations breaking down.
The Paramount Skydance acquisition of Warner Bros. Discovery (WBD) is currently stalled due to a series of state antitrust lawsuits led by California Attorney General Rob Bonta. Earlier this week, pre
-
Paramount and Warner Bros. Discovery's (WBD) proposed $110 billion merger has been delayed until June 2027 due to an antitrust lawsuit filed by state attorneys general, which is expected to bring a chill to M&A in the media industry.
The transaction had previously received approval from global regulators, including the U.S. Department of Justice's antitrust division. Industry insiders point out that increasingly stringent scrutiny
-
South Korea's media watchdog concludes Google, Apple violated laws by abusing app marketplace dominance; sanctions pending
South Korea's media watchdog, the Korea Media Communications Commission, concluded Wednesday that Google and Apple violated related laws by abusing their dominance in their respective app marketplaces
-
New Jersey sues Amazon for antitrust violations, alleging 'monopsony' power over delivery contractors leads to suppressed wages and competition
New Jersey Attorney General Jennifer Davenport announced the lawsuit, alleging Amazon abuses its power over third-party delivery contractors by preventing them from unionizing and restricting them fro
-
Alphabet (GOOGL.O) is down 1.3% in premarket trading
Svmuu News: Alphabet (GOOGL.O) is down 1.3% in premarket trading. This follows news that Alphabet’s subsidiary,Google, lost a lawsuit in an EU court over a 4.1 billion euro antitrust fine related to A
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Antitrust
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