Search results for "antitrust"

March 25, 2024
Saks Fifth Avenue Faces Antitrust Battle in New York Court

In a heated courtroom showdown on Monday, Saks Fifth Avenue clashed with both its own employees and the US Justice Department in a bid to uphold the dismissal of a...


March 25, 2024
Apple Hit With New Consumer Suits Over Smartphone Market Monopoly

In the wake of a sweeping antitrust case brought forth by the US Justice Department and 15 states against tech giant Apple, the company finds itself embroiled in a flurry...


March 25, 2024
EU Antitrust Regulators Warn Lufthansa’s Bid for ITA Airways Stake...

In a move that could reshape the European aviation landscape, EU antitrust regulators have raised concerns over Lufthansa’s bid for a minority stake in Italian rival ITA Airways. The European...


March 25, 2024
EU Probes Apple, Google, Meta Under New Digital Law

The European Union has initiated investigations into three tech giants – Google, Meta, and Apple – as part of its first probes under the Digital Markets Act (DMA) introduced in...


March 24, 2024
UK’s CMA Launches Phase 2 Investigation into Vodafone and Three...

The United Kingdom’s Competition and Markets Authority (CMA) has officially initiated a formal “phase 2” investigation into the proposed merger between telecommunications giants Vodafone and Three UK. This move comes...


March 24, 2024
Compass Agrees to $58M Settlement Over Commission Practices

Home brokerage giant Compass has reached a settlement totaling nearly $58 million to address accusations of conspiring to overcharge U.S. home sellers on commissions paid to agents. The proposed settlement,...


March 24, 2024
Qualcomm Abandons Bid to Acquire Autotalks Amid Regulatory Hurdles

Qualcomm announced on Friday its decision to cease its pursuit of Autotalks, an Israeli company specializing in communications chips aimed at averting car collisions. The move comes in the wake...


March 24, 2024
Federal Judge Allows Burford Capital to be Named Plaintiff in...

A federal judge in Chicago has ruled in favor of litigation funder Burford Capital, permitting it to be named as the plaintiff in lawsuits initiated by its financing client, Sysco....


March 24, 2024
DOJ’s Kanter Leads Charge Against Apple in Antitrust Battle

Assistant Attorney General Jonathan Kanter is spearheading the US Department of Justice’s pursuit of tech giant Apple, alleging illegal anticompetitive practices aimed at maintaining its smartphone monopoly. Kanter, the DOJ’s...