April 01, 2024
Google Settles Lawsuit by Agreeing to Destroy Billions of Data...
In a settlement, tech giant Google has agreed to remove billions of data records to resolve a lawsuit accusing the company of tracking the internet activity of individuals who believed...
April 01, 2024
Singapore’s Competition Watchdog Scrutinizes Grab-Delivery Hero Deal
Singapore’s competition watchdog, the Competition and Consumer Commission of Singapore (CCCS), revealed on Monday that it had initiated an inquiry into the collapsed discussions between Grab Holdings and Delivery Hero,...
April 01, 2024
Former DOJ Assistant Chief Joins Foley & Lardner’s Antitrust Team
Mark Grundvig, formerly with the U.S. Department of Justice (DOJ), has joined Foley & Lardner LLP as a partner in its Antitrust & Competition Practice Group in Washington, D.C. Grundvig...
April 01, 2024
Microsoft Unbundles Teams Globally Amid Heightened Antitrust Scrutiny
Microsoft announced on Monday its decision to sell its chat and video app Teams separately from its Office product globally. This decision comes six months after the tech giant unbundled...
March 31, 2024
Argentina’s Leniency Program: A Proposed Regulation
By Alexis German Pirchio1 In May 2018, Argentina enacted Act No. 27.442 on the Defence of Competition (“LDC,” for its acronym in Spanish), the first antitrust law in the...
March 31, 2024
Biden Administration’s Labor Competition Focus Expands to Bank Noncompetes
The Biden administration’s scrutiny now extends to noncompete clauses in the banking sector. The Federal Deposit Insurance(FDIC) has unveiled updated guidelines for bank mergers, proposing to outlaw noncompete agreements in employment contracts,...
March 31, 2024
Warren Buffett Trims Apple Holdings Amid Antitrust Lawsuit
Warren Buffett’s Berkshire Hathaway trimmed its position in tech giant Apple during the fourth quarter of 2023. This decision has sparked speculation about Buffett’s confidence in the Cupertino-based company, particularly...
March 31, 2024
Swisscom Faces Massive Infrastructure Challenge Amid Antitrust Measures
Switzerland’s leading telecommunications provider, Swisscom, finds itself grappling with a substantial infrastructure hurdle as it navigates antitrust measures imposed on its fiber-optic network expansion. A senior executive revealed that complying...
March 31, 2024
Apple Refutes DOJ’s Antitrust Allegations, Calls Lawsuit Misleading
Recently, Apple strongly disputed the claims made in the antitrust lawsuit filed by the US Department of Justice (DOJ) amid their ongoing legal battle. In a statement to Quartz, Apple rebuffed the...