Latest News
By Federal Newswire | Apr 6, 2024
The U.S. Court of Appeals for the District of Columbia Circuit has lifted restrictions that previously prevented the U.S. Justice Department (DOJ) from investigating potential anticompetitive behavior by the National Association of Realtors (NAR). This decision reinforces the DOJ's authority to scrutinize NAR's Participation Rule and Clear Cooperation Policy in an effort to safeguard competition.
By Federal Newswire | Apr 5, 2024
The U.S. Court of Appeals for the District of Columbia Circuit has confirmed the Justice Department's authority to investigate potentially anticompetitive conduct by the National Association of Realtors (NAR). The decision, announced on April 5, 2024, overturns restrictions that had previously hindered the Department's ability to probe into NAR's practices.Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division expressed the importance of this ruling, stating, “Real-estate commissions in the United States greatly exceed those in any other...
By Federal Newswire | Apr 2, 2024
In a recent correspondence with Lael Brainard, Director of the White House National Economic Council, the Alliance for Automotive Innovation expressed its views on the developments concerning Nippon Steel Corp.'s bid to acquire United States Steel Corp. The acquisition proposal from Nippon Steel, Japan's leading steelmaker, is currently undergoing federal scrutiny.
By Federal Newswire | Apr 1, 2024
The Justice Department announced today that two directors of Warner Bros. Discovery Inc. (WBD) have resigned from the WBD board after the Antitrust Division expressed concerns that their positions on both the WBD and Charter Communications Inc. boards violated Section 8 of the Clayton Act (Section 8)."In enacting Section 8 of the Clayton Act, Congress was concerned that competitors who shared directors would compete less vigorously to provide better services and lower prices. We will continue to vigorously enforce the antitrust laws when necessary to address overreach by...
By Federal Newswire | Mar 29, 2024
The U.S. Department of Justice (DOJ) has announced that Fresh Express LLC, a wholly-owned subsidiary of Chiquita Holdings Limited, has terminated its proposed acquisition of Dole plc’s Fresh Vegetables division. The decision to abandon the $308 million deal was made after the DOJ expressed concerns about competition in the packaged salad market.
By Federal Newswire | Mar 28, 2024
Apple Inc. is facing multiple lawsuits from consumers across various states, coinciding with a lawsuit filed by the U.S. Department of Justice (DOJ) accusing the tech giant of monopolizing or attempting to monopolize smartphone markets.
By Federal Newswire | Mar 28, 2024
House Judiciary Chairman Jim Jordan (R-Ohio) has dispatched letters to the chief executives of five corporations, all of which are members of the Global Alliance for Responsible Media's (GARM) Steer Team. The letters request documents and communications as part of the committee’s oversight of antitrust laws. The corporations in question include Diageo, GroupM, Mars Incorporated, The Procter & Gamble Company, and Unilever.
By Federal Newswire | Mar 28, 2024
The Justice Department joined by the Federal Trade Commission (FTC) has filed a statement of interest in a case concerning hotel room algorithmic price-fixing. The case, Cornish-Adebiyi v. Caesars Entertainment, brings to light the issue of collusion in pricing through the use of algorithms.According to the statement, competitors in the hotel industry cannot collude on room pricing, whether through direct communication or by utilizing algorithms that facilitate anti-competitive practices. The Agencies emphasize that the use of algorithms that recommend prices to multiple...
By Federal Newswire | Mar 28, 2024
Fresh Express Acquisition LLC’s, a wholly-owned subsidiary of Chiquita Holdings Limited (Chiquita), has decided to abandon its proposed $308 million acquisition of Dole plc’s Fresh Vegetables division. The decision to abandon the acquisition was made in response to concerns raised by the Antitrust Division.Assistant Attorney General Jonathan Kanter of the Antitrust Division emphasized the impact of this decision on consumers, stating, "At a time when food companies are already overcharging Americans for groceries, today’s abandonment preserves lower prices and...
By Federal Newswire | Mar 28, 2024
The Justice Department, in collaboration with the U.S. Attorney’s Office for the Northern District of Georgia and the Procurement Collusion Strike Force (PCSF), recently organized a summit in Atlanta. The event aimed to raise awareness about collusion, corruption, and fraud schemes targeting government spending in the Atlanta metropolitan area.U.S. Attorney Ryan K. Buchanan and PCSF Director Daniel W. Glad led the discussions during the summit, highlighting the growth and success of the PCSF since its establishment in 2019. Buchanan and Glad emphasized the department's...
By Federal Newswire | Mar 27, 2024
Qualcomm Inc. has decided to withdraw its plans to acquire Autotalks Ltd. The Federal Trade Commission (FTC) Bureau of Competition Director, Henry Liu, stated earlier this week that the company's decision will safeguard innovation and price competition in the vehicle-to-everything (V2X) chipsets market.
By Federal Newswire | Mar 26, 2024
The European Commission has initiated five investigations pertaining to potential violations of the Digital Markets Act (DMA). The companies under scrutiny are Alphabet, Google's parent company, Apple, and Meta.
By Federal Newswire | Mar 24, 2024
Canada's Competition Bureau has published a discussion paper on artificial intelligence (AI) and competition, inviting public feedback on the issues identified in the document.
By Federal Newswire | Mar 22, 2024
The Federal Trade Commission (FTC) has lodged an amicus brief in a case initiated by Teva against Amneal, elucidating that Teva incorrectly listed patents in the Food and Drug Administration’s (FDA) Orange Book. The brief further implores the court to mandate the elimination of those listings.
By Federal Newswire | Mar 22, 2024
The U.S. Department of Justice (DOJ) along with 16 state and district attorneys general have lodged a civil antitrust lawsuit against technology giant, Apple. The suit alleges that Apple has monopolized or attempted to monopolize smartphone markets, thereby infringing Section 2 of the Sherman Act.
By Federal Newswire | Mar 18, 2024
The Open Markets Institute has partnered with AI Now Institute, Foxglove, ARTICLE 19, Mozilla Foundation, SOMO, Irish Council for Civil Liberties / Enforce, and Rebalance Now to submit a response to the European Commission's request for contributions on competition in generative artificial intelligence (AI). The coalition's 11-page response outlines concerns and offers potential solutions.
By Federal Newswire | Mar 17, 2024
The United Kingdom's Competition and Markets Authority (CMA) has provisionally given the green light for a formal investigation into the country's veterinary market. This decision was made following an initial review that elicited more than 56,000 responses from both the public and industry professionals.
By Federal Newswire | Mar 15, 2024
In a recent submission to the U.S. Copyright Office (USCO), the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division (DOJ) expressed their support for regulations that would empower consumers and businesses to repair their own products. The agencies further affirmed their commitment to promoting competition.
By Federal Newswire | Mar 15, 2024
The American Economic Liberties Project (AELP) has criticized President Joe Biden for allegedly backtracking on his commitment to antitrust. The AELP points to the "modest" increase in the 2025 budget for the Department of Justice's (DOJ) Antitrust Division and the president's failure to contest cuts to a non-budgetary revenue source for the division as evidence of this wavering.
By Federal Newswire | Mar 13, 2024
A South Korean citizen and a South Korean firm have been indicted for bid-rigging and conspiring to defraud the United States through maintenance work on U.S. military bases in South Korea. The superseding indictment was handed down by a federal grand jury in the U.S. District Court for the Western District of Texas.
