Court Sides With FTC Finding Illumina-Grail Deal Anticompetitive
A federal appeals court said the U.S. government was right to challenge Illumina’s purchase of cancer-test developer Grail, but still...
Anti-Competition Issues
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 5:25 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which...
Amazon Executives Discussed How Its Policies Hurt Sellers, FTC Suit Says
Updated Nov. 2, 2023 1:09 pm ETAmazon.com executives discussed how its pricing policies had a “punitive aspect” on sellers, according...
Lina Khan Once Went Big Against Amazon. As FTC Chair, She Changed Tack.
The government’s antitrust lawsuit leaves out some allegations from a legal condemnation of Amazon that Khan wrote in law school....
Google’s Antitrust Trial to Set ‘Future of the Internet,’ DOJ Says
The government says the search giant maintains dominance through illegal deals with phone and browser companies. Source link
Amgen’s $27.8 Billion Deal for Horizon Therapeutics Clears Key Hurdle
The Federal Trade Commission said it had agreed to end its legal challenge of the $27.8 billion deal. The pact...
FTC Pauses Challenge to Amgen’s $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source...
Teva Agrees to Pay $225 Million to Settle U.S. Price-Fixing Charges
The generic drugmaker’s U.S. unit also must sell the drug line for cholesterol treatment pravastatin. Source link
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
WSJ News Exclusive | Amazon Cuts Dozens of House Brands as It Battles Costs, Regulators
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as...
Google Search Antitrust Suit Narrowed by Federal Judge Ahead of September Trial
Judge Amit Mehta rejected a legal theory pushed by state attorneys general in their 2020 lawsuit, but he allowed other...
China-Founded Rivals Ramp Up War for American Shoppers
Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers...
FTC Pauses Effort to Block Microsoft-Activision Deal
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Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
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FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
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Elon Musk’s Twitter Asks Court to Terminate FTC Settlement
The move comes ahead of congressional hearing into Federal Trade Commission’s Twitter probe. Source link
Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new...
Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft, which the agency is appealing, marks another setback in her fight to block...
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
