Antitrust Law
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Merchants assail card fees pact
Yahoo Finance· 2025-12-15 10:07
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Merchant groups attacked a settlement to end decades of litigation over card networks’ interchange fees, alleging in court filings this week that the proposed pact still gives Visa and Mastercard far too much legal immunity and leeway to set fees. Several of the objecting merchants said Friday that the settlement reached last month largely resembles a prior agreem ...
Netflix And Paramount's Hostile Bid For Warner Bros.: What's Up Next
Forbes· 2025-12-08 16:30
BURBANK, CA - JUNE 24: General views of the Warner Bros water tower on the Warner Brothers studio lot on June 24, 2022 in Burbank, California. (Photo by AaronP/Bauer-Griffin/GC Images)GC ImagesThe crowning of Netflix as the new King of Hollywood after the Warner Bros. Discovery sweepstakes might be premature as Paramount Skydance has now launched its own hostile takeover bid. What is this – the 1980s? Where is Barry Diller in all this? This massive game of media’s wheel of fortune is far from over and it ha ...
Apple challenges Indian antitrust law that could trigger $38bn fines
Yahoo Finance· 2025-11-27 10:04
Core Viewpoint - Apple has initiated a legal challenge against India's updated antitrust penalty legislation, which could result in fines up to $38 billion based on global turnover rather than just domestic revenue [1][2]. Group 1: Legal Challenge Details - The legal case was filed in the Delhi High Court and consists of a 545-page document, marking the first contestation of the law since its implementation last year [1][2]. - The Competition Commission of India (CCI) can now calculate penalties for market dominance abuse using worldwide revenue figures, a shift from previous practices [2]. Group 2: Background of Antitrust Case - The ongoing antitrust case against Apple was initiated in 2022 by Match Group and several Indian startups, alleging abusive conduct in Apple's management of its iOS app market [2][3]. - CCI investigators reported findings of "abusive conduct," particularly regarding restrictions on third-party payment processors for in-app purchases [3]. Group 3: Apple's Position - Apple argues that penalties based on total global turnover are "manifestly arbitrary, unconstitutional, grossly disproportionate, unjust," and should only be calculated on Indian revenue from the specific business unit involved [4]. - The company compares its situation to a toy seller with additional operations, asserting it is unreasonable to penalize the entire business for infractions limited to one segment [5]. Group 4: Future Proceedings - Apple has stated it must challenge the law now to prevent retrospective penalties, as the CCI has not yet issued a final decision on the case or any potential fines [6]. - A hearing for Apple's plea is scheduled for December 3, 2025 [6].
Meta’s Antitrust Win Is Also a Warning for Investors
Bloomberg Technology· 2025-11-19 20:23
Matter has secured a key legal victory against the Federal Trade Commission. The FTC alleged the company's purchases of Instagram and WhatsApp violated antitrust law. A judge didn't agree.And DAX Riley Griffin joins us with the details. Let's start with the basic legal reasoning that the judge gave. What was the decision based on.And what happens. Well, Ed, you have to remember that when the FTC first launched this lawsuit, that was five years ago, that was Trump 1.0%. The social media landscape has changed ...
Meta Did Not Violate Antitrust Law, Judge Rules
Nytimes· 2025-11-18 18:22
Core Insights - A judge ruled that Meta's acquisitions of Instagram and WhatsApp did not illegally stifle competition in the social networking sector, marking a significant legal victory for the company [1] Summary by Categories Legal and Regulatory - The ruling reinforces Meta's position in the market, indicating that its acquisitions are not in violation of antitrust laws [1] Market Impact - This decision may positively influence investor confidence in Meta, as it alleviates concerns regarding potential regulatory actions that could affect the company's operations and growth [1]
Google fined over half a billion euros in Germany for shopping-search abuse
Invezz· 2025-11-14 12:16
Core Point - Google has been ordered to pay €573 million by a German court, marking a significant enforcement of European antitrust law [1] Group 1: Legal and Regulatory Context - The decision is based on the European Commission's earlier findings that Google engaged in unfair practices [1] Group 2: Financial Implications - The €573 million penalty reflects the increasing financial risks companies face due to stringent antitrust regulations in Europe [1]
FTC signals scrutiny of Novo’s bid for Metsera
Yahoo Finance· 2025-11-05 20:54
Core Insights - Novo Nordisk's bid to acquire Metsera is valued at $10 billion, significantly higher than Pfizer's $2 billion offer, making it appear more attractive on the surface [3] - The Federal Trade Commission (FTC) has raised concerns regarding the structure of Novo's deal, which could potentially violate federal law related to premerger reviews [7][6] - Pfizer argues that Novo's acquisition could lead to monopolization in the obesity drug market, while a Delaware court has denied Pfizer's request to block the deal [7][4] Group 1: Acquisition Details - Novo's offer includes a large upfront payment for half of Metsera's shares, with the remainder to be paid later, raising regulatory concerns [5][6] - The acquisition would allow Novo to gain up to eight additional weight loss candidates, enhancing its portfolio in the obesity drug market [4] Group 2: Regulatory Concerns - The FTC's letter indicates that Novo's deal structure may allow the companies to bypass premerger review, potentially leading to anticompetitive effects [7][6] - The FTC has not taken a definitive stance on the legality of the deal but has expressed concerns about the implications of proceeding without proper review [7]
X @Bloomberg
Bloomberg· 2025-10-26 12:15
Instead of using antitrust law to try to rein in or break up technology companies, @mattygelesias says, why not just regulate their main product? (via @opinion) https://t.co/ZidyBUdUau ...
Should Nvidia Stock Investors Be Worried About the Latest China News?
The Motley Fool· 2025-09-17 09:00
Core Insights - Nvidia is facing scrutiny regarding potential antitrust violations, which could have significant implications for its shareholders [1] Group 1 - Recent updates indicate that Nvidia's business practices are under investigation for possible antitrust law violations [1] - The stock price of Nvidia (NVDA) experienced a decline of 1.55% as of the after-market prices on September 15, 2025 [1]
China's Nvidia probe claims the chipmaker broke antitrust law
CNBC Television· 2025-09-15 17:56
Nvidia uh becoming the latest pawn in the US China trade negotiations. Christina Partzene has more on that layer in tech check. Christina Leslie.Well, China's market regulator announced this morning that Nvidia violated anti- monopoly law. But this is more than just about antirust. It's also about leverage.Beijing launched this probe in December, just one week after Washington unveiled tougher chip export controls and conveniently announced the quote violation today as US China trade negotiators just finish ...