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Australia’s Woodside Energy & Santos In $52B Merger Talks to Form Global Oil Powerhouse

 |  Dec 7, 2023

In a joint announcement on Thursday, Australia’s Woodside Energy and Santos revealed that they are engaged in preliminary discussions to create an A$80 billion ($52 billion) global oil and gas giant. The potential merger represents a significant move amid the ongoing trend of consolidation within the international energy sector. If…

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Alaska Airlines’ Hawaiian Acquisition Faces Antitrust Scrutiny
 |  Dec 6, 2023

In the face of unprecedented shortages in new planes, jet engines, and qualified pilots, U.S. airlines are increasingly turning to acquisitions as a means of sustaining growth. The scarcity of essential resources has forced carriers into a strategic dance with antitrust regulators, with Alaska Airlines (ALK.N) making headlines by announcing…

Ulmer & Greensfelder Merge to Form UB Greensfelder
 |  Dec 6, 2023

Midwest law firms Ulmer & Berne and Greensfelder, Hemker & Gale have announced their plans to merge, forming a “super-regional” powerhouse with a combined total of 275 lawyers. The merger, set to take effect on February 1, 2023, aims to create a formidable entity known as UB Greensfelder. The new…

Apple’s iMessage May Be Exempt from New EU Regulations
 |  Dec 6, 2023

Apple’s iMessage service could dodge the stringent regulations imposed by the European Union’s Digital Markets Act (DMA), targeting major tech platforms. A preliminary finding from a five-month-long investigation by a European watchdog, as reported by anonymous sources to Bloomberg, suggests that iMessage may secure an exemption due to its perceived…

UK Watchdog Warns Firms on AI Privacy Compliance
 |  Dec 6, 2023

Britain’s Information Commissioner, John Edwards, has cautioned companies about the need to prioritize privacy rights when implementing artificial intelligence (AI) technologies. Edwards stressed that failure to do so could result not only in significant fines but also erode public trust in AI. During a speech on Wednesday, Edwards emphasized the…

FTC Mounts Second Challenge to Microsoft’s Activision Buy Despite Closed Deal
 |  Dec 6, 2023

In a renewed effort to reverse the legal approval granted to Microsoft’s acquisition of Activision Blizzard, the U.S. Federal Trade Commission (FTC) is set to argue before a three-judge appeals court panel in California on Wednesday. The FTC contends that the federal judge’s decision to uphold Microsoft’s $69 billion deal,…

Appeals Court Weighs Reopening DOJ Probe into NAR
 |  Dec 5, 2023

A three-judge appellate court panel in Washington, D.C. heard compelling arguments on Friday regarding the Department of Justice’s (DOJ) pursuit to reopen its investigation into the National Association of Realtors (NAR). The focus of the inquiry revolves around NAR’s Clear Cooperation Policy and Participation Rule, key elements in the current…

JetBlue Urges Federal Court Approval for Spirit Airlines Acquisition
 |  Dec 5, 2023

In a Boston federal courtroom, JetBlue Airways is fervently making its case to acquire Spirit Airlines for a whopping $3.8 billion, a move contested by the Justice Department. The ongoing legal battle reflects the broader trend of smaller airlines seeking mergers to withstand the competitive pressure imposed by the nation’s…

Federal Judge Suggests Possible Conditional Approval for JetBlue-Spirit Merger
 |  Dec 5, 2023

As the antitrust trial concerning the proposed $3.8 billion acquisition of Spirit Airlines by JetBlue Airways concluded in a Boston courtroom, U.S. District Judge William Young expressed reservations about the Justice Department’s plea for a permanent injunction to block the deal. The judge raised the possibility of allowing the merger…

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