Officials suspect large egg producers collaboratively raising prices and reducing supply. The Department of Justice (DOJ) opened an investigation into rising U.S. egg prices last week to explore…
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President Says Nippon Steel to Invest in U.S. Steel Instead of Purchasing
He made the announcement at the White House during the visit with Japanese Prime Minister Ishiba. President Donald Trump announced that Japanese company Nippon Steel will “invest heavily”…
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Nippon Steel and U.S. Steel Sue Administration Over Blocked Acquisition
President Biden cited national security as his motivation. Nippon Steel and U.S. Steel have filed federal lawsuits challenging President Biden’s decision to block Nippon’s $15 billion acquisition of…
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Federal Court Rules in Favor of Generic Drug Competition in Patent Case
The court orders the removal of improper patent listings, clearing the path for lower-cost medications. The Federal Circuit U.S. Court of Appeals recently upheld a lower court’s decision…
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Federal Judge Rules Meta Must Face FTC Antitrust Case
The acquisition of WhatsApp and Instagram triggered the federal suit. District Judge James Boasberg has denied Meta’s request to dismiss an antitrust case filed by the Federal Trade…
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Supreme Court Declines Appeal by Former Pharma Executive
The court upholds the $64 million penalty, holding the former CEO liable for price gouging and fraud. The Supreme Court declined to hear an appeal filed by former…
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G7 Summit Highlights AI Competition Concerns
Global leaders commit to ensuring fair and open markets for AI technologies amid growing antitrust concerns. Officials from the Federal Trade Commission (FTC) and the Department of Justice’s…
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DOJ Sues Visa for Monopolizing Debit Card Markets
The department alleges the company “has unlawfully amassed the power to extract fees.” The Department of Justice filed an antitrust suit against Visa for anti-competitive actions. The department…
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House Judiciary Chair Requests Details on Companies’ Environmental Goals
Representative Jordan wrote to 130 investors regarding ESG in money management. House Judiciary Chair Jim Jordan wrote letters to 130 investors, requesting an explanation for their proposed environmental,…
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FTC Seeks to Block Merger of Largest Mattress Manufacturer with Retailer
Tempur Sealy International proposed the acquisition of Mattress Firm. The Federal Trade Commission authorized a lawsuit to halt the acquisition of Mattress Firm by Tempur Sealy International. The…
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