The move, which involves the Fenway Sports Group, raises questions about whether a deal to combine forces with Saudi Arabia’s sovereign fund is still necessary.
Category: Antitrust Laws and Competition Issues
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Amazon Scraps Deal to Buy Maker of Roomba Amid Regulatory Scrutiny
Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.
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JetBlue Says It May Back Out of Deal to Acquire Spirit Airlines
JetBlue now says that it could back out of the acquisition just a week after the company said it intended to appeal a judge’s decision to block the deal.
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Lina Khan’s FTC Takes On AI Deals like Microsoft-OpenAI
The agency is concerned that transactions including Microsoft’s $13 billion investment in OpenAI could hinder competition and innovation.
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Will Fanatics Upend the World of Sports Collectibles?
Powered by its connections with leagues and star athletes, the merchandising giant has entered the hobby universe with deep pockets and sharp elbows. Not everyone is happy.
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Apple Overhauls App Store in Europe, in Response to New Digital Law
A new E.U. law taking effect in March forced Apple to loosen its grip on the App Store, changes it had long resisted.
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Judge Blocks JetBlue From Acquiring Spirit Airlines
The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.
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New President of the National Association of Realtors Abruptly Resigns
Tracy Kasper, who took over as president of the National Association of Realtors after the sudden resignation of her predecessor, has quit after what the group described as a threat.
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U.S. Moves Closer to Filing Sweeping Antitrust Case Against Apple
Justice Department officials are in the late stages of investigating the iPhone maker, focusing on how Apple has used its other products and services to defend against threats to its core business.
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Choice Hotel Franchise Owners Push Back on Merger With Wyndham
Franchisees are fighting Choice Hotels’ attempted takeover of its biggest rival, which would create a dominant player in the budget hotel sector.