Antitrust News and Reports | Federal Newswire

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

By Federal Newswire Report | Aug 8, 2023

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

Antitrust

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

By Federal Newswire Report | Aug 7, 2023

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.

Antitrust

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

By Federal Newswire Report | Aug 6, 2023

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

Antitrust

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

By Federal Newswire Report | Aug 5, 2023

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).

Antitrust

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

By Federal Newswire Report | Aug 3, 2023

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.

Antitrust

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

By Federal Newswire Report | Jul 31, 2023

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

Antitrust

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

By Federal Newswire Report | Jul 31, 2023

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).

Antitrust

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

By Federal Newswire Report | Jul 31, 2023

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

Antitrust

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

By Federal Newswire Report | Jul 29, 2023

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.

Antitrust

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

By Federal Newswire Report | Jul 29, 2023

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.

Antitrust

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

By Federal Newswire Report | Jul 29, 2023

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.

Antitrust

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

By Federal Newswire Report | Jul 28, 2023

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

Antitrust

Surescripts: 'We're pleased that this agreement brings an end to the FTC’s litigation'

By Federal Newswire Report | Jul 28, 2023

This past week, the U.S. Federal Trade Commission settled a lawsuit accusing Surescripts of operating illegally to maintain monopolies over the electronic prescriptions market.

Antitrust

Chopra: 'Banks can expect a more rigorous review of applications'

By Federal Newswire Report | Jul 28, 2023

A recent Reuters report examined the increased scrutiny U.S. lenders could face following the update release by the Federal Trade Commission and the Department of Justice regarding merged guidelines.

Antitrust

Germundson: 'The drop-off in deal count continues as we move through 2023'

By Federal Newswire Report | Jul 27, 2023

A report released by OPTIS Partners' M&A database counts a total of 359 confirmed insurance agency mergers and acquisitions during the first half of this year.