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.   Justice Dept. and Penguin Random House’s sparring over merger has begun.  A federal judge began a trial that will decide whether Penguin Random House is allowed to buy Simon & Schuster, a case that could significantly affect the book publishing industry and that will test the Biden...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Lawsuit accuses Apple of antitrust violations over Apple Pay.  Apple Inc was sued in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart competition for its Apple Pay mobile wallet. According to a complaint filed in San...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   EU's Vestager: has 'killer' merger deals in sight, may use court-endorsed power.  EU antitrust chief Margrethe Vestager on Friday said she has a few merger deals in sight where she may use powers endorsed this week by Europe's second-top court which allow her to scrutinise so-called 'killer'...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   UK watchdog investigates Microsoft's $68.7 billion Activision deal.  Britain's antitrust watchdog said it had started an investigation into Microsoft Corp's $68.7 billion deal to buy "Call of Duty" maker Activision Blizzard Inc. The Competition and Markets Authority said it had until Sept. 1 to make...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Judge narrows San Diego, Baltimore bond collusion cases against big banks.  A federal judge narrowed claims by San Diego and Baltimore in antitrust litigation seeking to hold eight banks liable for driving up interest rates that state and local governments must pay on a popular tax-exempt municipal...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Drivers’ Lawsuit Claims Uber and Lyft Violate Antitrust Laws.  A group of drivers claimed that Uber and Lyft are engaging in anticompetitive practices by setting the prices customers pay and limiting drivers’ ability to choose which rides they accept without penalty. The drivers, supported by...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Facebook owner Meta makes antitrust commitments over online advertising.  France's anti-trust watchdog body said that it had approved commitments made by Facebook owner Meta Platforms regarding the French online advertising sector. Meta has committed to giving access over a five-year period 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.   U.S. sets high bar to settle Facebook antitrust suit -FTC chair.  U.S. Federal Trade Commission Chair Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta's Facebook, which the agency sued in 2020, but indicated there was a high bar for any...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.

EU acted like a fishing trawler in antitrust data searches, Meta lawyer says. Meta Platforms Inc. compared searches by EU antitrust regulators to a fishing super trawler as watchdogs investigate the owner of Facebook's data and online marketplace. Meta says it has already handed over more than a million...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.

The commodities giant Glencore will pay $1.1 billion to settle bribery and price-fixing charges.  Glencore, the mining and commodity-trading giant, has agreed to pay $1.1 billion to settle charges that two of its units bribed officials in several countries and manipulated oil prices. The settlement,...