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Antitrust Suit Against Apple, Visa, and Mastercard Dismissed by Federal Judge

 |  Jul 10, 2025

A federal judge has dismissed an antitrust lawsuit that accused Apple, Visa, and Mastercard of working together to stifle competition in the digital payments market and inflate transaction fees for merchants, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to…

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Blackstone Raises Warehouse REIT Bid to £489M, Topping Rival
 |  Jul 10, 2025

US private equity giant Blackstone has increased its takeover bid for Warehouse REIT, valuing the UK-listed firm at approximately £489 million ($666 million), according to Reuters. The revised offer surpasses a previously agreed proposal from Tritax Big Box REIT, escalating the competition to acquire the real estate investment trust. Get…

Top EU Court Weighs Meta’s Challenge to Italy’s News Compensation Rule
 |  Jul 10, 2025

European Union member states are entitled to adopt national measures aimed at strengthening the negotiating power of news publishers when dealing with major online platforms, provided such rules do not interfere with the principle of contractual freedom, according to a senior legal adviser to the EU’s top court. Get the…

European AI Law to Prioritize Openness, Copyright Protection and Model Safety
 |  Jul 10, 2025

The European Commission has introduced a new voluntary code of practice aimed at guiding companies through the complex regulatory framework of the EU’s pioneering Artificial Intelligence (AI) Act. The code is designed to support compliance with key aspects of the law, emphasizing transparency, copyright obligations, and safeguards related to safety…

Ireland Opens New Investigation Into TikTok Over Data Storage in China
 |  Jul 10, 2025

Ireland’s Data Protection Commission (DPC) has launched a fresh inquiry into TikTok, focusing on the recent disclosure that a portion of European user data had been temporarily stored on servers in China. This new investigation intensifies the scrutiny facing the Chinese-owned social media platform in Europe, where data privacy regulations…

Merck Bets Big on Respiratory Drug in $10 Billion Verona Pharma Deal
 |  Jul 9, 2025

The acquisition, Merck’s first major transaction of 2025, underscores the company’s efforts to prepare for the eventual loss of exclusivity on Keytruda, its top-selling cancer immunotherapy drug, which generated nearly $30 billion in revenue last year. Key patents for the therapy are expected to begin expiring in 2028, prompting concerns…

Senators, Witnesses Clash in Hearing on Crypto Market Structure Bill
 |  Jul 9, 2025

A Senate hearing Wednesday to consider a crypto market structure bill turned heated at times, with senators and witnesses shouting and talking over each other as they sparred over how the market should be regulated and concerns over President Trump and the Trump family’s extensive crypto dealings. The hearing, before…

T-Mobile Shuts Down DEI Efforts to Smooth FCC Deal Approvals
 |  Jul 9, 2025

T-Mobile US announced it is dismantling all diversity, equity, and inclusion (DEI) initiatives company-wide, according to documents released Wednesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS…

French Competition Authority Accuses Meta of Abusing Dominant Position in Online Advertising
 |  Jul 9, 2025

The French competition regulator announced on Wednesday that it has formally notified Meta Platforms, the parent company of Facebook, of allegations concerning the abuse of its dominant position in the online advertising market. According to Reuters, this marks the beginning of a lengthy investigation that could extend over several months.…

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