The Brink’s Company agreed to propose divesting its ATM-related product and service businesses, NoteMachine/TestLink UK, in connection with a United Kingdom regulator’s review of its previously announced agreement to acquire NCR Atleos, Brink’s said in a statement released Wednesday (Sept. 30). Brink’s also said in...
Elon Musk’s xAI and X have reportedly dropped their antitrust case against Apple. Those companies had accused Apple of favoring OpenAI’s ChatGPT over other chatbot makers, but have now asked a federal judge for permission to voluntarily dismiss the case, Bloomberg News reported Monday (Sept. 14), citing a court filing. Still, the claims the...
Watch more: TechReg With Tennessee Attorney General Jonathan Skrmetti For much of modern antitrust history, the largest competition cases have been defined by Washington. State attorneys general joined investigations, supported federal lawsuits and occasionally brought cases of their own, but the Department of Justice and...
Watch more: TechReg Talks With Ann O’Brien and Ben Huffman of Sheppard For more than a century, antitrust law in the United States has adapted to changing industries without abandoning its underlying principles. The latest test comes from the race to build enough energy infrastructure...
Klarna-owned price comparison website PriceRunner has prevailed in its antitrust lawsuit against Google. A Swedish court on Wednesday (July 1) awarded PriceRunner $1.97 billion, Klara said in a news release, calling it compensation for lost revenue from “Google’s preferential treatment” of its comparison-shopping service over similar, independent services....
Klarna notified its investors Wednesday (June 24) that a Swedish court has delayed for a third time its judgment in an antitrust case brought by Klarna subsidiary PriceRunner against Google. The Patent and Market Court in Stockholm has rescheduled the publication of its judgment from...
Watch more: TechReg With Rishi Satia and Minna Naranjo of Morgan Lewis A new generation of artificial intelligence partnerships is forcing regulators to ask bigger questions. Chief among them: when does “collaboration” become industry consolidation? Technology companies are racing to lock in compute infrastructure, private...
British competition regulators have launched an investigation into PayPal, Mastercard and Visa. The investigation is to determine whether the three companies engaged in “anti-competitive conduct linked to the funding and usage of PayPal’s digital wallet,” the Financial Conduct Authority (FCA) said in a Wednesday (May 6) press release. According to the FCA, the...
Watch more: TechReg With Richard Powers of Kressin Powers Gig work and digital employment have grown faster than the laws governing them. That gap is now drawing sustained attention from regulators and courts, as labor antitrust shifts from a niche specialty to a core concern...