Antitrust news and reports on Federal Newswire

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FTC says Sanofi’s termination of $755M Maze deal is a win for Pompe sufferers
Antitrust

The Federal Trade Commission (FTC) has decided to dismiss its case aimed at preventing Sanofi from acquiring an exclusive license for a therapy in development by Maze Therapeutics for the treatment of Pompe disease. This decision was taken following Sanofi's termination of the proposed deal.


The Institute for Energy Economics and Financial Analysis publishes new report on private equity's risk to communities
Antitrust

The Institute for Energy Economics and Financial Analysis (IEEFA) has published a report titled "Private equity in PJM: Growing risks for communities." The report evaluates the escalating risk to communities that are home to private equity (PE)-owned fossil fuel plants.


Anticompetitive practices in the healthcare industry are a top priority at the FTC, DOJ and HHS
Antitrust

The Federal Trade Commission (FTC) has recently publicized its collaborative efforts with the Department of Justice (DOJ) and Department of Health and Human Services (HHS) to eradicate anticompetitive practices in the healthcare industry. The FTC asserts that these practices contribute to escalated healthcare costs, diminished innovation in both the healthcare and pharmaceutical sectors, and substandard working conditions.


Federal Trade Commission releases its annual Report on Ethanol Market Concentration
Antitrust

The Federal Trade Commission (FTC) has recently publicized its 2023 Report on Ethanol Market Concentration, following a unanimous vote of 3-0 in favor of the report's approval. This report forms part of an annual review process mandated by the Energy Policy Act of 2005, aimed at scrutinizing the state of competition within the ethanol production industry in America.


South Bay, Florida-based fined for violating employee safety protocol
Antitrust

A private state prison for men, located in South Bay, Florida was discovered to be in violation of recognized safety practices which left its employees vulnerable to attacks from prisoners. This disregard for standard protocol was uncovered during a federal investigation by the U.S. Department of Labor (DOL).


Vera Institute of Justice Report: Local OVP/ONS could 'redefine public safety'
Antitrust

``` The Vera Institute of Justice has announced "Coordinating Safety: Building and Sustaining Offices of Violence Prevention and Neighborhood Safety," a new report that spotlights how centralized local offices of violence prevention or neighborhood safety (OVP/ONS) could play a key role in curbing crime in U.S. communities while lessening the load for police departments. This timely research comes as part of Vera's ongoing efforts to redefine public safety through data-driven, community-oriented approaches. The details around the new initiative begin to...


NAM urges Congress to pass the Miscellaneous Tariff Bill before the end of the year
Antitrust

On November 15, the National Association of Manufacturers (NAM), joined by more than 200 manufacturers and industry partners, converged on Capitol Hill to press lawmakers to pass a Miscellaneous Tariff Bill before the end of 2023. U.S. manufacturers have been operating without an MTB for almost three years, putting them at a disadvantage to foreign competitors. This event took place as part of the NAM's ongoing effort to support US businesses and sustain domestic competitiveness.


FTC is suing to prevent John Muir from acquiring San Ramon Regional Medical Center
Antitrust

The Federal Trade Commission is suing in federal court to prevent John Muir Health from acquiring sole ownership of San Ramon Regional Medical Center, LLC from majority owner Tenet Healthcare Corporation. The FTC alleges the proposed $142.5 million deal would eliminate competition between the two, leading to a rise in healthcare costs for consumers.


Kraken charged by the SEC for operating as an unregistered securities exchange
Antitrust

The Securities and Exchange Commission charged Kraken for operating their crypto trading platform unregistered. This incident represents an effort to tighten control over crypto platforms by the authorities, especially in the United States.


Heather on Amazon antitrust case: 'FTC has put Amazon between a rock and a hard place'
Antitrust

The Federal Trade Commission’s lawsuit against Amazon.com, Inc., faces internal inconsistencies with the agency’s laws and the company’s policies.


National Taxpayers Union: Google antitrust case 'could be very damaging to American competitiveness'
Antitrust

Nicholas Johns, senior policy and government affairs manager at the National Taxpayers Union, said the government’s arguments within its antitrust case against Google demonstrate a clear shift from past precedent, which could be very damaging to American competitiveness.


Google trial: U.S. antitrust shifting from protecting consumers to shielding competitors
Antitrust

Despite years of preparation and six weeks at trial, leaders in technology and business remain confused about the Department’s motives in bringing this case.


US Chamber Calls Out FTC, DOJ for Ignoring Settlement Paths, Alleges Bias
Antitrust

U.S. Chamber of Commerce says the Federal Trade Commission and Department of Justice are costing taxpayers millions and raising concerns about potential bias by failing to pursue settlements to remedy alleged anti-competitive behavior.


Research fellow says 'antitrust is anti-progress' in Google case
Antitrust

Dr. Kimberlee Josephson — an associate professor of business at Lebanon Valley College in Annville, Pennsylvania, and adjunct research fellow with the Consumer Choice Center — believes business owners should be concerned about the Department of Justice’s antitrust case against Google.


Eliminating baseball exemption would offer market benefits and fairer labor practices, says MLBPA
Antitrust

According to the MLBPA's amicus curiae brief, the exemption continues to have a negative impact on Minor League players and communities.


Preliminary approval granted in landmark Zetia antitrust settlement; court to retain jurisdiction
Antitrust

The U.S. District Court for the Eastern District of Virginia has taken a significant step towards finalizing an antitrust settlement between two pharmaceutical giants. The court has granted preliminary approval for a settlement in the Zetia Antitrust Litigation, which involves the End Payor Plaintiffs (EPPs) and defendants Merck and Glenmark.


FTC takes Total Wine to Federal Court over antitrust case
Antitrust

The Federal Trade Commission (FTC) has taken Total Wine to federal court over an antitrust case, seeking court intervention to enforce a subpoena related to an ongoing investigation into Southern Glazer's Wine & Spirits. The FTC filed a petition in the U.S. District Court for the Eastern District of Virginia to force Total Wine to comply with a civil investigative demand (CID), which is an administrative subpoena that seeks documents and other information related to the antitrust probe.


Consumer watchdog says Google antitrust trial indicates a shift in regulatory approach
Antitrust

With the U.S. government's antitrust lawsuit against Google underway, Patrick Hedger, Executive Director of the Taxpayers Protection Alliance, says that the lawsuit reflects a shift in antitrust policy, prioritizing the interests of competitors over consumer welfare. He goes on to suggest that the government's approach signifies a broader strategy to regulate various aspects of the economy to promote a more interventionist model of competition.


Tech association president highlights lack of consumer harm in Google antitrust trial
Antitrust

Matt Shruers, president of the Computer & Communications Industry Association (CCIA), has criticized the government's antitrust lawsuit against Google, suggesting that the government is trying to push consumers towards a less preferred product simply because they believe Google is too big. In an interview with Federal Newswire, Shruers expressed concern over the government's attempt to drive consumers away from Google Search, which is a product that consumers generally prefer.


Individuals classified as 'special interest aliens' apprehended at border
Antitrust

U.S. Customs and Border Protection (CBP) has confirmed the apprehension of four Iranians since the beginning of October.