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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Legislators Raise Concerns About Inflated Rx Costs for Troops
Some members of Congress question the prescription monopoly under Pentagon’s Tricare. Bipartisan members of Congress have questioned the Pentagon about the exclusive prescription contract the Defense Health Agency…
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House Judiciary Committee Alleges Collusion on Climate Investments
Legislators publish interim findings as the investigation continues. The House Judiciary Committee published a report accusing the Wall Street climate coalition Climate Action 100+ of collusion and bullying…
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Four More States Join DOJ’s Antitrust Case Against Apple
A total of 19 states allege the company runs an illegal smartphone monopoly. The Department of Justice (DOJ) announced this week that four more state governments have joined…
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FTC Supports Qualcomm’s Decision to Abandon Acquitision of Autotalks Ltd
The director says it “will preserve innovation and price competition.” Federal Trade Commission (FTC) Bureau of Competition Director Henry Liu recently affirmed Qualcomm Inc.’s decision to withdraw from…
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