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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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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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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In a major development for the Federal Trade Commission (FTC), a federal judge has ruled that the agency can move forward with its landmark antitrust lawsuit against Amazon. Filed in September 2023, this lawsuit accuses the retail giant of monopolistic practices that stifle competition, inflate prices, and harm both sellers and consumers. The ruling, delivered […]
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The U.S. Justice Department and the Federal Trade Commission (FTC) have formalized an agreement that paves the way for potential antitrust investigations into Microsoft, OpenAI, and Nvidia. This decision underscores the increasing regulatory scrutiny on these tech giants, which dominate the burgeoning artificial intelligence (AI) industry. The arrangement between the two agencies, confirmed by a […]
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In a notable development, the United States Federal Trade Commission (FTC) has turned its attention towards the artificial intelligence industry, particularly focusing on major investments made by tech giants Amazon, Google, and Microsoft in smaller AI startups. The inquiry, though still at the preliminary stage, signifies a growing emphasis on antitrust concerns within the AI […]
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In a move to address antitrust concerns surrounding its proposed buyout by Intercontinental Exchange (ICE), U.S. mortgage data vendor Black Knight has announced the sale of its Optimal Blue business for $700 million. The decision comes as the Federal Trade Commission (FTC) scrutinizes ICE’s $11.7 billion deal for Black Knight, expressing worries that the acquisition […]
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The Federal Trade Commission (FTC) has recently announced the final version of its updated Endorsement Guides, aimed at providing comprehensive guidance to businesses and individuals to ensure the use of truthful advertising practices. With the advent of new marketing channels such as social media and online reviews, the revised Guides address emerging market trends and […]
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The U.S. Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) have recently unveiled a Notice of Proposed Rulemaking aimed at revising the Hart-Scott-Rodino (HSR) Premerger Notification Form and associated instructions. The proposed changes seek to modernize the information collection process and increase the effectiveness and efficiency of the merger […]
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