A US federal appeals court has upheld legislation requiring ByteDance, the Chinese parent company of TikTok, to divest its US operations by early next year or face a nationwide ban on the popular short video app. The ruling, delivered on Friday, represents a significant win for the Justice Department and critics…

Clifford Chance has announced the addition of Philipp Girardet as a partner in its global antitrust group, based in London. The move, disclosed on Thursday, bolsters the firm’s expertise in handling complex competition law matters across jurisdictions. Girardet, formerly of Willkie Farr & Gallagher, brings extensive experience in EU and…

Spain’s stock market regulator, CNMV, has announced it will delay its decision on approving BBVA’s takeover prospectus for Sabadell until the competition watchdog concludes its in-depth review of the deal, according to comments from CNMV chief Rodrigo Buenaventura reported by Reuters. The proposed all-share acquisition, valued at over €12 billion…

RealPage, a prominent software provider for the multifamily rental sector, has filed a motion to dismiss the Justice Department’s antitrust lawsuit against the company. The case, brought in the US District Court for the Middle District of North Carolina, accuses RealPage of engaging in practices that reduce competition and monopolize…

Teresa Ribera, the EU’s newly appointed competition chief, has indicated that breaking up Google could remain a viable option in the bloc’s ongoing efforts to curb Big Tech’s market dominance. The Spanish socialist, who began her five-year term this week, expressed her intention to collaborate closely with international regulators, including…

Turkey’s competition board has concluded its investigation into Meta Platforms concerning data-sharing practices between its social media platforms Threads and Instagram. According to Reuters, the decision followed Meta’s submission of commitments designed to alleviate the authority’s competition-related concerns. In a statement released on Thursday, the board confirmed that Meta’s proposed…

New Zealand’s Commerce and Consumer Affairs Minister, Hon Andrew Bayly, in partnership with the Ministry of Business, Innovation, and Employment (MBIE), has unveiled a comprehensive review of the nation’s competition law regime. This initiative seeks to modernize regulations that have remained largely unchanged for over two decades and aims to…

The Federal Trade Commission (FTC) has ordered Guardian Service Industries, Inc., a building services contractor operating in New York and New Jersey, to halt its enforcement of no-hire agreements that allegedly limit employment opportunities for its workers. The action follows an FTC investigation and complaint asserting that these agreements unfairly…