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Money

US Stablecoin Bill Stalls, Negotiations Break Down

A major Congressional effort to create regulations around stablecoins has hit a bump in the road, and while negotiations still ongoing, they are likely...
Apple

Apple Ramped Up US Lobbying As Antitrust Suits Loomed

Apple spent a record $4.6 million on federal lobbying during the first six months of 2022 as the technology company faced growing pressure from Congress...
Motorola

Court Denies Motorola’s Motion To Dismiss US Antitrust Case

Hytera Communications) learned that the US District Court for the Northern District of Illinois has allowed Hytera’s antitrust claims against Motorola Solutions Inc. (“Motorola...
EBay

US eBay Buys eCommerce Firm myFitment

EBay has bought myFitment, which offers software tools to sellers of automotive and powersports parts and accessories, a press release said. MyFitment’s helps drive sales and avoid...
Law

Indivior Must Face Opioid Antitrust Suit

Drugmaker Indivior must face a lawsuit by 42 state attorneys general accusing it of using illegal tactics to shield its opioid addiction treatment Suboxone...
big tech giants

US Proposes Bill To Give Media More Negotiating Power With Big...

A bipartisan group of US lawmakers released a revised version of a bill aimed at making it easier for news organizations to negotiate collectively...
Chicken

US Chicken Mega Merger Moves Forward Despite Probes

A mega-merger between two of the country’s largest poultry processing companies is underway even as the Biden administration attempts to clamp down on antitrust...
Crypto

FDIC Orders Crypto Exchange FTX To Halt Over Misleading’ Claims

A US bank regulator ordered crypto exchange FTX on Friday to halt what it called "false and misleading" claims the exchange had made about...
Nike Pushes Back Against EU Probe Over Dutch Tax Rulings

Nike & Adidas Settle US Patent Dispute

Nike Inc and Adidas, the world's two leading sneaker brands, have resolved a series of US patent disputes over technology used in their athletic...
Penguin Random House

Judge Tosses Top Penguin Random House Exec’s Testimony From Antitrust Suit

A federal judge threw out testimony on Wednesday from Penguin Random House’s senior vice president after the government pointed out that the data he...
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