Search results for "antitrust"

March 14, 2024
Lufthansa Faces Setback as Court Overturns EU Approval of State...

In a blow to Lufthansa, the second-highest court in Europe ruled in favor of Ryanair, annulling a decision by the European Union competition regulator to clear Lufthansa’s state bailout. The...


March 14, 2024
TikTok Disputes Italian Antitrust Fine

Popular video-sharing platform TikTok has expressed its disagreement with the decision of Italy’s antitrust authority to impose a hefty fine of 10 million euros. The fine was levied on the...


March 14, 2024
Cisco’s $28 Billion Splunk Acquisition Receives Unconditional EU Approval

Cisco Systems has secured unconditional approval from European Union antitrust regulators for its acquisition of cybersecurity firm Splunk. The $28 billion deal, announced last year, marks Cisco’s largest-ever acquisition and...


March 14, 2024
Former Treasury Secretary Steven Mnuchin Aims to Buy TikTok

Former Treasury secretary Steven Mnuchin is assembling a group of investors to attempt to purchase TikTok. Mnuchin told CNBC about this plan Thursday (March 14), a day after the U.S....


March 14, 2024
FTC Chair Criticizes Boeing for Monopolization, Warns of ‘Too-Big-to-Fail’ Status

Federal Trade Commission Chair Lina Khan delivered a scathing critique of the national champion strategy, labeling it “catastrophic” for the United States while singling out aerospace giant Boeing as a...


March 13, 2024
Epic Games Slams Apple’s ‘Useless’ Payment Mechanisms

Epic Games reportedly wants Apple held in contempt over its outside payment offerings.  The Fortnite maker has asked a judge to hold Apple in contempt of court, saying the company has failed to...


March 13, 2024
Brazilian Competition Policy in 2023: A Changing Landscape

By Ademir Antonio Pereira Jr., Yan Villela Vieira & Gabriel de Aguiar Tajra1   This article discusses critical developments in Brazilian Competition Policy in 2023. We present an overview of...


March 13, 2024
House OKs TikTok Ban Aimed at Guarding Consumer Data

American lawmakers have approved a bill that could ban TikTok in the U.S. The U.S. House of Representatives voted 352-65 Wednesday (March 13) in favor of the legislation, aimed at compelling ByteDance, the Chinese owner...


March 13, 2024
Epic Games Accuses Apple of Contempt in App Store Battle

In a dramatic turn of events in the ongoing legal saga between Epic Games and Apple, Epic Games, the maker of the widely popular video game “Fortnite,” has urged a...