The Antitrust Week in Review

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   $3.7 bln UK mass action against Facebook over market dominance rejected - for now.  Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetise users' personal data....

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   FTC withdraws from adjudication in fight with Meta over Within deal.  The U.S. Federal Trade Commission, which lost a fight in court over whether Facebook parent Meta Platforms Inc could buy VR content maker Within, has decided to withdraw the matter from its in-house adjudication. An FTC...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   U.S. Justice Dept jumps into pro baseball antitrust fray on appeal.  The U.S. Justice Department asked a federal appeals court not to "extend" Major League Baseball's longtime immunity from antitrust law to a dispute involving restrictions on the number of minor league teams that can be affiliated...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Ticketmaster Cast as a Powerful ‘Monopoly’ at Senate Hearing.  Live Nation Entertainment, the concert industry giant that owns Ticketmaster, came under withering attack during a Senate Judiciary hearing, with committee members from both parties criticizing it for the botched sale of tickets to...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. Microsoft loses bid to pause gamers' lawsuit over Activision deal.  A U.S. judge in California turned down Microsoft Corp's bid to freeze a private consumer antitrust lawsuit over the company's $69 billion deal to acquire "Call of Duty" maker Activision Blizzard Inc while a related regulatory challenge...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Microsoft faces EU antitrust warning over Activision deal – sources.  Microsoft is likely to receive an EU antitrust warning about its $69 billion bid for "Call of Duty" maker Activision Blizzard, people familiar with the matter said, that could pose another challenge to completing the deal. The...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   U.S. Moves to Bar Noncompete Agreements in Labor Contracts.  In a far-reaching move that could raise wages and increase competition among businesses, the Federal Trade Commission unveiled a rule that would block companies from limiting their employees’ ability to work for a rival. The proposed...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Meta battles U.S. antitrust agency over future of virtual reality.  The Biden administration accused Meta Platforms Inc of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc....

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. Spotify CEO renews attack on Apple after Musk's salvo.  Spotify's CEO Daniel Ek renewed his attack on Apple in a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling innovation and hurting consumers." Ek tagged a number of sympathetic business leaders...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   FTC likely to file lawsuit to block Microsoft bid for Activision -Politico.  The U.S. Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft Corp's $69 billion takeover bid for video game publisher Activision Blizzard Inc, Politico reported, citing people familiar with...