British officials blocked Microsoft’s $69 billion acquisition of Activision, raising the question how often deals fall apart?
Category: Antitrust Laws and Competition Issues
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U.K. Blocks Microsoft’s Activision Bid, a Blow to the Tech Giant
The decision barring the takeover of a big video game publisher is a major loss for Microsoft, which also faces pushback from U.S. regulators.
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Apple Largely Prevails in Appeal of Epic Games’ App Store Lawsuit
A Ninth Circuit panel did agree with Epic that Apple was violating California law by barring app developers from directing customers to outside payment methods.
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Gucci Raid Part of Growing E.U. Antitrust Scrutiny of Fashion
Kering, Gucci’s parent company, said that it was “cooperating” with European Union regulators, who searched the Italian offices of the fashion house this week.
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F.T.C. Orders Gene-Sequencing Company Illumina to Divest Acquisition
The move by the commission is seen as a test of regulators’ efforts to prevent big companies from buying small innovators.
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Broadcast News Is at Center of Fight Over Noncompete Clauses
Job-switching barriers are routine at TV stations, even for workers not on the air. A proposed federal rule would curb the practice across all fields.
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The Cure Says Ticketmaster Will Issue Refunds After Fee Complaints
The band said it wanted to make its North American tour “affordable for all,” but after tickets went on sale this week, fans said that fees had ratcheted up the price.
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Justice Department Sues to Block JetBlue’s Acquisition of Spirit
Antitrust regulators said the deal would reduce competition and raise fares. The companies claim it would allow them to better compete against the biggest U.S. airlines.
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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JetBlue Expects U.S. Move to Block Merger With Spirit
JetBlue said it saw a “high likelihood” of an antitrust suit by the Justice Department this week, but declared that the deal would foster competition.
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JetBlue and Spirit Unions Split on Airlines’ Merger
Flight attendant unions at the two carriers are pushing in opposite directions as federal officials decide whether and on what terms to allow the deal.