Antitrust news and reports on Federal Newswire

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Blum-Smith: 'Writers forced to strike in this climate should come as a surprise to no one'
Antitrust

The Writers Guild of America West warned of a potential media monopoly by Disney, Amazon and Netflix, highlighting the risks of consolidation, reduced creativity and increased control.


University of Chicago agrees to $13.5 million settlement in antitrust lawsuit: 'The University of Chicago is committed to removing financial barriers for undergraduate students'
Antitrust

On Aug. 7, the University of Chicago agreed to a $13.5 million settlement in an antitrust lawsuit involving prestigious institutions. Allegations include a cartel-like agreement on financial aid principles and sensitive information exchange.


Huddleston: 'Many consumers are looking to keep up with trends and products they love via dupes'
Antitrust

Jennifer Huddleston, of the Cato Institute, warned proposed antitrust law changes may limit retailers like Amazon from offering "dupes," affordable alternatives to popular products, impacting consumer choice and affordability.


U.S. Soccer: 'Section 1 claims against association members will face different threshold pleading standards'
Antitrust

The U.S. Soccer Federation filed for a Supreme Court review of a Second Circuit judgment involving the Fédération Internationale de Football Association's home territory policy, raising key questions about conspiracy under Section 1 of the Sherman Act.


Antitrust attorney: 'Merger guidelines will increase deal timelines, the merging parties’ burden and overall uncertainty and potential antitrust risk as to the outcome'
Antitrust

New merger guidelines and HSR (Hart-Scott-Rodino) rules signal intensifying antitrust scrutiny in the healthcare sector, reflecting a significant shift that could complicate and prolong the merger review process, according to a recent article.


Saveri: 'UFC pays its fighters a mere fraction of what athletes make in similar sports'
Antitrust

In a landmark decision for the world of mixed martial arts, a court has certified fighters' class-action lawsuit against the Ultimate Fighting Championship (UFC), alleging market dominance abuses and suppressed fighter earnings.


The European Commission: 'Commission closely cooperated with other competition authorities during the initial investigation'
Antitrust

The European Commission launched an intensive inquiry into Adobe's proposed takeover of Figma, fearing the merger could stifle competition in interactive product design software and digital asset creation tools markets.


Walker: 'We appreciate the Court’s careful consideration and decision to dismiss claims regarding the design of Google Search'
Antitrust

In a significant antitrust ruling, Judge Amit P. Mehta granted partial motions for summary judgment in the case between Google and the U.S. Department of Justice, dismissing some claims while allowing the core allegation of monopoly maintenance to proceed.


Black Knight: 'The joint stipulation dismisses the federal court complaint'
Antitrust

Intercontinental Exchange Inc. and Black Knight Inc. are reportedly making progress toward settling theFederal Trade Commission's acquisition challenge.


Bollingers: 'We are suing AP and Legacy Media - who call themselves the 'Trusted News Initiative' for shutting us down'
Antitrust

Ty and Charlene Bollinger, controversial online publishers, are suing the Associated Press and Trusted News Initiative members, alleging censorship and market exclusion in violation of antitrust laws and freedom of speech, potentially initiating a landmark legal battle.


Microsoft on acquisition of Activision Blizzard: 'The CMA should not adopt the draft order prohibiting the merger'
Antitrust

Microsoft's eagerly anticipated acquisition of Activision Blizzard Inc. is currently under review by the Competition and Markets Authority (CMA) in the UK.


Vedova: 'Deal termination protects competition and is a win for patients'
Antitrust

CooperCompanies, a global powerhouse in medical device manufacturing, has terminated its planned $875 million acquisition of Cook Medical's reproductive health business following a full-phase investigation by the Federal Trade Commission (FTC).


Newsom: 'California is serious about holding Big Oil accountable'
Antitrust

In response to escalating fuel prices, California Gov. Gavin Newsom appointed antitrust prosecutor Tai Milder to lead the newly established Division of Petroleum Market Oversight, marking a new chapter in oil industry regulation.


Urso: 'We are focused on the potential opportunities for creating stockholder value'
Antitrust

Shareholders have permanently sunk an acquisition plan between MEI Pharma and Infinity, a deal in the works since February.


Levine: 'We will not tire in our pursuit of those who prey on individuals struggling with alcohol or other substance use disorders'
Antitrust

The Federal Trade Commission has filed a complaint against Rejuvica, the makers of Sobrenix, under suspicion that the company, known for marketing products to reduce and eliminate alcohol cravings, may have violated the FTC Act and the Opioid Addiction Recovery Fraud Prevention Act of 2018 (OARFPA).


Kubasik: 'We are moving forward to close the transaction on or about July 28'
Antitrust

The Federal Trade Commission confirmed regulators will not block L3Harris’s Aerojet Rocketdyne acquisition.


FTC: 'Online sites and services directed to children under 13 must obtain parental consent'
Antitrust

The Federal Trade Commission has requested commentary from an Entertainment Software Rating Board application in relation to a new procedure used to obtain parental consent under the Children’s Online Privacy Protection Act Rule.


 Engadget: 'We are considering how the transaction might be modified to address the CMA’s concerns'
Antitrust

The Federal Trade Commission has withdrawn its complaint against Microsoft’s $68.7 billion Activision Blizzard deal after a federal judge ruled against a restraining order and injunction.


SVB Securities: 'Second requests require both parties to provide additional information to assess the legality of the transaction'
Antitrust

The Federal Trade Commission has requested more information from Pfizer and Seagen relating to the $43 billion merger proposal, a Seattle biotech Securities and Exchange Commission file revealed.


Venkatasubramanian: 'It’s the fear of these systems and our lack of understanding of them that is making everyone have a collective freak-out'
Antitrust

Earlier this month, the Federal Trade Commission submitted an extensive Civil Investigative Demand to the maker of ChatGPT.