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AkzoNobel NV and Axalta Coating Systems Ltd. are moving closer to securing European Union approval for their $25 billion merger after identifying an asset sale that could resolve outstanding competition concerns, according to Reuters. The companies are expected to receive conditional clearance from the European Commission after offering to sell...

Italy's competition watchdog is leading a European investigation into Microsoft-owned video game businesses, including Activision Blizzard, amid concerns that virtual currencies used for digital purchases may prevent consumers from understanding how much they are spending. The investigation, conducted alongside consumer protection authorities in Norway and Denmark, will examine whether the...

South Korean e-commerce giant Coupang is facing increased regulatory pressure as lawmakers prepare to question company executives over allegations of unfair supplier practices and resistance to an antitrust investigation. According to BigGo Finance, the National Assembly's Political Affairs Committee is scheduled to examine Coupang's business practices during an Oct. 12...

The European Union has imposed a €40 million ($44.7 million) penalty on Irish building materials manufacturer Kingspan Group after finding that the company supplied inaccurate and misleading information during a regulatory review of its unsuccessful takeover of Slovenian rival Trimo. The European Commission announced the penalty Thursday following an investigation...

FIFA is asking a U.S. federal court to throw out an antitrust lawsuit brought by the Puerto Rico Soccer League, arguing that attorneys for the plaintiffs have failed to pay sanctions imposed after they submitted court papers containing dozens of faulty legal citations. The latest request adds an unusual artificial-intelligence...

Vail Resorts executives and directors have been sued by a shareholder who alleges the company’s leadership failed to prevent conduct that exposed the ski-resort operator to antitrust litigation over lift-ticket pricing. The derivative lawsuit accuses Vail’s leadership of harming the company by permitting its alleged participation in a horizontal price-fixing...

Anglo American  is preparing to warn European Union regulators that its Brazilian nickel operations could ultimately close if authorities prevent their proposed $500 million sale to MMG Ltd., raising the stakes in an antitrust review increasingly shaped by concerns over Europe’s access to critical raw materials. Executives from the British...

Emera Inc. and Canadian Utilities Ltd. are planning a sweeping combination that would create a C$72 billion utility and energy infrastructure company serving about six million customers, while reshaping the businesses controlled by Calgary-based ATCO Ltd. The all-stock transaction, described by the companies as a merger of equals, values Canadian...