Category: Antitrust Laws and Competition Issues

U.S. Moves to Bar Noncompete Agreements in Labor Contracts

The New York Times – Business:
A sweeping proposal by the Federal Trade Commission would block companies from limiting their employees’ ability to work for a rival.
Tim Wu, Architect of Biden Antitrust Push, to Leave White House

The New York Times – Business:
Tim Wu has been a leading proponent of a more aggressive approach to reining in the power of big business.
The Week in Business: Who Comes After Elon Musk?

The New York Times – Business:
Mr. Musk said that he would resign as Twitter’s chief executive once he found a successor “foolish enough to take the job.” YouTube reaches deal for the rights to stream N.F.L.’s Sunday Ticket games. And Mark Zuckerberg appears in court in an antitrust hearing.
Microsoft Gambles on ‘Nice Guy’ Strategy to Close Activision Megadeal

The New York Times – Business:
Federal regulators have sued to block the $69 billion acquisition, but the company has settled on a path forward and is preparing to force the issue.
Mark Zuckerberg Testifies About Meta’s Virtual Reality Ambitions

The New York Times – Business:
Meta’s chief executive made a rare court appearance as the Federal Trade Commission tries to block his company’s purchase of the virtual reality start-up Within.
Masters Tournament Will Let LIV Golf Players Compete in 2023

The New York Times – Sports:
The decision by Augusta National Golf Club is an interim victory for the upstart circuit, but other troubles loom.
Amazon and E.U. Reach Deal to End Antitrust Investigation

The New York Times – Business:
The online retail giant avoided a major fine but agreed to changes that have long been sought by merchants who depend on Amazon to reach customers.
Clean Energy Quest Pits Google Against Utilities

The New York Times – Business:
Google says it can’t meet its goals for renewable power unless state-regulated utilities, particularly in the Southeast, give way to market competition.
Amazon Agrees to Change Some Business Practices in EU Settlement

The New York Times – Business:
The e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.
To Rein In Big Tech, Europe Looked Beyond Lawsuits. Will the U.S. Follow?

The New York Times – Business:
The largest American banks are classified as “systemically important” and subject to more stringent scrutiny. Some lawmakers want to do the same for Big Tech.
Lina Khan, Aiming to Block Microsoft’s Activision Deal, Faces a Challenge

The New York Times – Business:
Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.
The F.T.C.’s Bet on Rewriting Antitrust by Taking on Microsoft

The New York Times – Business:
In seeking to oppose the $69 billion takeover of Activision Blizzard, the agency is hoping to revamp the nation’s antitrust rules — even if it loses.