Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators.
Category: Antitrust Laws and Competition Issues
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Amazon to Meet Regulators as U.S. Considers Possible Antitrust Suit
Amazon’s meetings with the Federal Trade Commission, known as “last rites” meetings, are typically a final step before the agency votes on filing a lawsuit.
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Bidding for Simon & Schuster Draws to a Close
The move to acquire the publisher, one of the five largest in the country, comes after the government blocked a deal last year on antitrust concerns.
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Biden’s Antitrust Team Isn’t Backing Down From a Fight
Newly released guidelines for mergers show that despite legal setbacks, top competition officials intend to keep scrutinizing takeovers and technology giants.
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Pressured by U.S., PGA Tour and Saudi Fund Drop Key Part of Golf Deal
The two parties had promised not to poach each other’s players. Their decision to abandon that clause removes one of the few binding provisions of the agreement that has rocked golf.
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F.T.C.’s Lina Khan Faces Fresh Questions After Microsoft Ruling
Lina Khan has said a fear of defeat should not deter the agency from suing big tech companies. But after Microsoft won a ruling this week, her critics say that strategy is flawed.
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Other Sports Faced Congress’s Glare. Now Golf Will Get Its Turn.
A Senate hearing on Tuesday is just one part of Washington’s scrutiny of the PGA Tour’s deal with Saudi Arabia’s sovereign wealth fund.