The department alleges the company “has unlawfully amassed the power to extract fees.” The Department of Justice filed an antitrust suit against Visa for anti-competitive actions. The department…
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House Judiciary Chair Requests Details on Companies’ Environmental Goals
Representative Jordan wrote to 130 investors regarding ESG in money management. House Judiciary Chair Jim Jordan wrote letters to 130 investors, requesting an explanation for their proposed environmental,…
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FTC Seeks to Block Merger of Largest Mattress Manufacturer with Retailer
Tempur Sealy International proposed the acquisition of Mattress Firm. The Federal Trade Commission authorized a lawsuit to halt the acquisition of Mattress Firm by Tempur Sealy International. The…
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Legislators Raise Concerns About Inflated Rx Costs for Troops
Some members of Congress question the prescription monopoly under Pentagon’s Tricare. Bipartisan members of Congress have questioned the Pentagon about the exclusive prescription contract the Defense Health Agency…
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House Judiciary Committee Alleges Collusion on Climate Investments
Legislators publish interim findings as the investigation continues. The House Judiciary Committee published a report accusing the Wall Street climate coalition Climate Action 100+ of collusion and bullying…
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Four More States Join DOJ’s Antitrust Case Against Apple
A total of 19 states allege the company runs an illegal smartphone monopoly. The Department of Justice (DOJ) announced this week that four more state governments have joined…
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FTC Supports Qualcomm’s Decision to Abandon Acquitision of Autotalks Ltd
The director says it “will preserve innovation and price competition.” Federal Trade Commission (FTC) Bureau of Competition Director Henry Liu recently affirmed Qualcomm Inc.’s decision to withdraw from…
Read MoreJustice Department Sues Apple for Attempted iPhone Monopoly
16 state attorneys general join filing of civil antitrust lawsuit. The Department of Justice has filed a civil antitrust lawsuit against Apple, alleging that the company consistently undermines…
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District Judge Blocks JetBlue Purchase of Spirit Airlines
Justice Department filed suit against the $3.8 billion purchase as monopolistic behavior. Judge William Young of the U.S. District Court for the District of Massachusetts blocked JetBlue Airways’…
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Microsoft CEO Testifies in Antitrust Investigation Against Google
Admits Google’s popularity, points to deals hinged on “exclusive” use. Microsoft’s chief executive Satya Nadella testified earlier this week during the Department of Justice’s (DOJ) trial against Google,…
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