[ad_1] Updated Jan. 16, 2024 7:06 pm ET The U.S. Supreme Court has turned down Apple’s attempt to appeal a decision in an antitrust case over its App Store, a…
Tag: Anti-Competition Issues
Federal Judge Blocks JetBlue’s $3.8 Billion Acquisition of Spirit Airlines
[ad_1] Updated Jan. 16, 2024 2:01 pm ET A federal judge on Tuesday blocked JetBlue Airways from acquiring Spirit Airlines, agreeing with the Justice Department that the $3.8 billion deal…
Chip Wars Boost Europe’s Top Tech Company—for Now
[ad_1] The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company…
Microsoft’s OpenAI Investment Could Face EU Probe
[ad_1] Updated Jan. 9, 2024 8:02 am ET The European Union is considering whether to launch a review of Microsoft’s investment in ChatGPT maker OpenAI under the bloc’s merger regulations,…
Illumina to Divest Itself of Cancer-Test Maker Grail
[ad_1] Updated Dec. 17, 2023 8:16 pm ET Gene-sequencing company Illumina said Sunday it will divest itself of cancer blood test maker Grail, following Illumina’s loss in its legal battle…
Court Sides With FTC Finding Illumina-Grail Deal Anticompetitive
[ad_1] A federal appeals court said the U.S. government was right to challenge Illumina’s purchase of cancer-test developer Grail, but still sent the case back to the Federal Trade Commission…
Microsoft-OpenAI Partnership Draws Scrutiny From U.K. Regulator
[ad_1] Updated Dec. 8, 2023 8:47 pm ET U.K. regulators said they are examining Microsoft’s partnership with OpenAI, marking a first push by one of the world’s most influential competition…
FTC Probes Chevron’s $53 Billion Deal for Hess
[ad_1] Updated Dec. 8, 2023 11:34 am ET The Federal Trade Commission is investigating Chevron’s $53 billion proposed deal to buy Hess, the second-biggest oil megamerger this year. Chevron and…
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
[ad_1] Updated Dec. 5, 2023 5:25 pm ET U.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest oil-and-gas deal in two…
Australian Food Retailers Face Inquiry Into Alleged Price Gouging
[ad_1] SYDNEY—Australia’s biggest food retailers are facing a parliamentary inquiry into alleged price gouging after the country’s center-left Labor government agreed on Sunday to an investigation amid an ongoing steep…