Tag: US
JBS Beef Cartel Case Reaches $53M Antitrust Settlement
JBS will pay US$52.5 million to exit antitrust litigation led by beef wholesalers over an alleged industry wide price-fixing scheme, beef Cartel, becoming the...
UBS To Buy US Wealthfront For $1.4B
Swiss bank UBS has agreed to buy US-focused automated wealth management provider Wealthfront, which has more than US$27 billion in assets under management, in...
FTC Approves Tops Markets/Price Chopper Merger With Conditions
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the merger of New York-based supermarket operators The Golub,...
Kohl’s Meets With Potential Buyer
Kohl’s confirmed on Monday that it has been approached about a possible sale of the department store chain, reported the Washington Post.
The company...
Pelosi Warns New Bill On China Competitiveness Coming Soon
The US House of Representatives will soon introduce a bill to increase US competitiveness with China and boost federal spending on semiconductors, Speaker Nancy...
VW Agrees Diesel Emissions Settlement With Ohio
Volkswagen agreed to a $3.5 million settlement with Ohio over claims the German automaker violated state laws by manipulating vehicle computer software in its...
US Senate Judiciary Committee Approves Bill Aimed At Big Tech
On Thursday, January 20, the US Senate Judiciary Committee approved a bill that would bar tech giants like Amazon and Google from giving preference...
Apple & Google Tell US Lawmaker Antitrust Bill Would Harm Privacy
Apple and Google argued to lawmakers Tuesday, January 18, that bipartisan antitrust legislation aimed at curbing the power of big technology companies would harm...
US Antitrust Regulators Plan Overhaul Of Merger Approval Process
The Justice Department and the Federal Trade Commission (FTC) launched a joint effort to modernize antitrust enforcement, seeking comment on how the agencies can...
US States Hone In On Facebook’s VR Oculus Business
Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms, runs its virtual-reality Oculus business, according to Reuters.
Two of the...