Nvidia Completes $700 Million Run:ai Acquisition Amid Antitrust Scrutiny

Nvidia Corporation has successfully finalized its $700 million acquisition of Run:ai, an Israeli startup specializing in optimizing artificial intelligence (AI) workloads. The completion follows extensive antitrust scrutiny from both the U.S. Department of Justice and the European Union’s competition regulators. Optimizing AI Workloads Run:ai, officially known as Runai Labs Ltd., offers software designed to enhance […]

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UK Launches Antitrust Review of IBM’s Proposed $6.4 Billion HashiCorp Acquisition

The United Kingdom’s Competition and Markets Authority (CMA) has launched an inquiry into IBM Corporation’s proposed acquisition of cloud software vendor HashiCorp Inc. for $6.4 billion. This investigation, announced on Monday, aims to assess whether the merger could negatively impact market competition. The CMA is currently soliciting feedback from stakeholders, with submissions accepted until January […]

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Trump’s Picks for SEC and DOJ Signal a Shift in Crypto and Tech Regulation

President-elect Donald Trump has announced key nominations that could significantly impact the regulation of cryptocurrency and Big Tech in the United States. Trump’s selection of Paul Atkins to lead the Securities and Exchange Commission (SEC) and Gail Slater to head the Justice Department’s antitrust division reflects his administration’s intention to reshape regulatory approaches in these […]

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Elon Musk Expands Lawsuit Against OpenAI and Microsoft, Adding Antitrust Claims

Elon Musk, billionaire entrepreneur and co-founder of OpenAI, has expanded his lawsuit against the artificial intelligence powerhouse and its largest financial backer, Microsoft. Filed in federal court in Oakland, California, the amended complaint accuses the two entities of monopolistic practices aimed at dominating the market for generative AI, in addition to sidestepping competitors and regulatory […]

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EU Fines Meta €797 Million for Antitrust Violations Linked to Facebook Marketplace

The European Commission has imposed a record-breaking €797.72 million fine on Meta, the parent company of Facebook, for violating antitrust regulations by leveraging its dominant position in the social media market. This landmark decision marks the first instance of Meta being penalized under EU competition laws. The Basis of the Fine The fine stems from […]

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Antitrust Policy, Big Tech, and Regulatory Shifts in a Potential Trump Administration

As Donald Trump anticipates a second term as U.S. president, experts suggest his administration could bring significant changes to current antitrust and regulatory policies, especially in sectors like Big Tech, mergers and acquisitions, and employment law. While Trump may continue to target Big Tech, his stance on antitrust could mark a departure from the approach […]

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EU Antitrust Regulators to Deliver Verdict on Novo Holdings’ Catalent Acquisition by December 6

The European Commission is set to announce its decision on the proposed acquisition of contract drug manufacturer Catalent by Novo Holdings, the primary shareholder of pharmaceutical giant Novo Nordisk, by December 6, 2024. This follows an official submission for approval filed by Novo Holdings on October 31, as noted on the Commission’s website. The decision […]

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Meta Faces Investigation by Polish Authorities Over Facebook Content Display Practices

The Polish Office of Competition and Consumer Protection (UOKiK) has launched an investigation into Meta, the parent company of Facebook, following recent changes to how content from Polish publishers is displayed on the platform. The UOKiK, led by President Tomasz Chróstny, is examining whether Meta’s modifications to content display could represent an abuse of its […]

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Top Republicans Accuse FTC Chair Lina Khan of Hatch Act Violations Over ‘Campaign-Style’ Events

Prominent Republican lawmakers are raising concerns that Federal Trade Commission (FTC) Chair Lina Khan may have violated the Hatch Act by participating in events with Democratic politicians ahead of the November elections. House Judiciary Committee Chairman Jim Jordan (R-Ohio) and Senator Mike Lee (R-Utah), ranking member of the Senate Judiciary Subcommittee on Competition Policy, Antitrust, […]

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