Tag: Antitrust
Antitrust Bill Targeting Big Tech Gets Backing Of US Commerce Department
The Commerce Department backed a key legislative proposal aimed at forcing tech giants such as Facebook and Google to compete against smaller businesses, agency...
JCPenney Could Buy Rival Kohl’s for $8.6B: Reports
JCPenney owners Simon Property and Brookfield Asset Management are reportedly looking to close an acquisition deal for Kohl’s that values the retail rival at...
Japanese Watchdog Calls For Multiple Competing App Stores
A new Japanese antitrust report into the smartphone market has raised the possibility of new legislation intended to reduce the dominance of Apple and...
Elon Musk Buys Twitter For $44B
Twitter has accepted Elon Musk’s offer to purchase the company for $44 billion, the company announced in a press release today. Musk purchased the...
Broadcom In Antitrust’s Crosshairs, Again
Semiconductor maker Broadcom is under scrutiny from the US Federal Trade Commission following complaints it is forcing exclusive agreements with customers, The Information reported on...
UnitedHealth’s Surgical Care Indicted On Antitrust Charges
Surgical Care Affiliates, a subsidiary of UnitedHealth Group, was indicted this week by a federal grand jury on charges that it entered agreements with...
Sullivan & Cromwell Veteran Antitrust Lawyer Jumps To Hedge-fund
Veteran antitrust lawyer Steven Holley, formerly co-head of the competition group at the Wall Street law firm Sullivan & Cromwell and who helped to...
Banks’ Appeal In US Collusion Case To Reach Supreme Court
An international banking case in which the city of Baltimore is seeking to recover millions of dollars in alleged overpayments is on appeal to...
Italy’s Antitrust Watchdog Lifts 2019 Ban On Sky Italy
Italy's antitrust regulator said on Tuesday it would lift a ban on Sky's Italian business related to the distribution of exclusive content on its...
State AGs’ Antitrust Appeal Against Facebook Moves Forward
A 52-page reply filed by the attorneys general of almost all 50 states pressed the DC Circuit to let their antitrust case against Facebook proceed. Last...