The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.
Category: Antitrust Laws and Competition Issues
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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.
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Adobe Scraps Its $20 Billion Takeover of Figma
Adobe will pay a $1 billion breakup fee to the design software maker, amid greater antitrust scrutiny of mergers.
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Lina Khan’s F.T.C. Secures a Big Win
An appeals court ruling that validated its fight against a deal by the gene-sequencing giant Illumina is a boost for the agency’s expansive antitrust strategy.
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Gene-Sequencing Company Illumina to Sell Cancer Test Developer
The move came two days after a court upheld the Federal Trade Commission’s challenge to the deal on antitrust grounds.
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Shein Accused of ‘Mafia-Style’ Tactics by Rival Temu
The two ultrafast-fashion retailers, which both have roots in China, are fierce rivals, offering low-cost items to U.S. consumers.
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Google’s Antitrust Loss to Epic Could Preview Its Legal Fate in 2024
A trio of antitrust cases on the docket threaten to reshape Google’s business and sap its profits.
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Google’s Antitrust Setback Could Remake the Mobile App World
Epic Games’s victory over the search giant could let app developers keep more money, and marks a fresh blow against Big Tech.