All articles tagged with #antitrust
Originally Published 3 days ago — by The Hollywood Reporter
The U.S. Justice Department has expanded its review of Paramount's hostile bid for Warner Bros., signaling potential competition concerns and possibly challenging the merger, which could impact the future of the deal and the streaming market.
Originally Published 23 days ago — by The Verge
Google has announced new fees for app developers linking outside its Play Store, charging $2–4 per install and taking a cut of in-app purchases, as part of compliance with a court order to open Android to third-party app stores. The company has yet to implement these fees but plans to do so, raising questions about legal and antitrust implications, especially in light of ongoing court cases and potential settlements. Developers and legal observers are watching closely to see how Judge Donato will respond to these changes.
Originally Published 23 days ago — by CNBC
Visa and Mastercard will pay a total of $167.5 million to settle a class action lawsuit alleging they conspired to keep ATM access fees high, with funds distributed to affected ATM users since 2007, amid ongoing legal challenges related to ATM and debit card practices.
Originally Published 26 days ago — by National Association of REALTORS®
The U.S. Supreme Court declined to hear a case challenging the National Association of REALTORS®'s optional 'no commingling' rule, which was previously ruled in favor of NAR by lower courts. The rule, which allowed MLSs to separate non-MLS listings, was repealed in June, and the case is now closed, reaffirming NAR's stance that the rule did not violate antitrust laws.
Originally Published 29 days ago — by Deadline
Jane Fonda spoofed Nicole Kidman's AMC ad to criticize the potential merger of Warner Bros. Discovery with Netflix and Paramount, highlighting concerns about corporate greed, reduced diversity, and threats to free expression in the entertainment industry.
Originally Published 1 month ago — by The New York Times
Bob Jenkins, a NASCAR team owner, testified in a lawsuit against NASCAR, revealing his consistent financial losses and criticizing the sport's charter system, which he claims is monopolistic and unfairly restrictive for race teams. The trial also highlighted allegations of NASCAR's monopolistic practices and strategic negotiations with teams, with high-profile figures like Michael Jordan involved in the case.
Originally Published 1 month ago — by AP News
NASCAR is facing an antitrust lawsuit from 23XI Racing and Front Row Motorsports, accusing the series of monopolistic practices and unfair negotiations over charter agreements, with high-profile owners like Michael Jordan and Denny Hamlin involved. The trial reveals tensions over revenue sharing, exclusivity clauses, and governance, highlighting concerns about NASCAR's market dominance and its impact on teams.
Originally Published 1 month ago — by The New York Times
Denny Hamlin testified passionately against NASCAR in a federal antitrust trial, criticizing the league's business practices and the 2025 charter agreement, which he believes threaten the survival of his team and others, while also defending his public statements and business decisions amid ongoing legal disputes involving Michael Jordan's team.
Originally Published 1 month ago — by NBC News
Michael Jordan's NASCAR antitrust lawsuit, filed by his team 23XI Racing and Front Row Motorsports, accuses NASCAR of monopoly practices and could significantly impact the sport's structure, with potential outcomes including dismantling the charter system or major ownership changes.
Originally Published 1 month ago — by The New York Times
Michael Jordan's race team, 23XI Racing, is suing NASCAR in a federal trial alleging monopolistic practices that could significantly alter the sport, with potential outcomes including dismantling the current system or even changing ownership structures, depending on the jury's decision.
Originally Published 1 month ago — by NPR
Michael Jordan's NASCAR team, 23XI Racing, is suing NASCAR for monopoly practices and unfair charter agreements, leading to a high-stakes federal court trial that could significantly impact the sport's structure and ownership.
Originally Published 2 months ago — by The New York Times
The Justice Department has launched an antitrust investigation into major meatpacking companies, including JBS, Cargill, Tyson Foods, and National Beef, amid concerns over collusion and inflated beef prices, with President Trump calling for scrutiny of their practices.
Originally Published 2 months ago — by Axios
President Trump announced an investigation into the meatpacking industry for alleged collusion and price fixing amid rising beef prices, which have surged 13% year over year due to structural issues like drought and labor shortages. The move comes as the administration faces an affordability crisis and industry consolidation, with some companies previously settling price-fixing allegations. The investigation aims to address concerns over artificially inflated prices and foreign ownership influence, but the impact on prices remains uncertain.
Originally Published 2 months ago — by Axios
Epic is ending its partnership program that involved taking a stake in Abridge, signaling a potential shift in its approach to competition in the digital health sector while maintaining a low profile on deals to avoid antitrust scrutiny.
Originally Published 2 months ago — by NBC Sports
The article argues that the narrative of college football in crisis is false, highlighting that schools are willing to pay large buyouts and adapt financially, including NIL payments, to sustain the sport. It criticizes the idea that the sport is under threat, emphasizing that the real issue is the sport's evolving financial model and the need for schools to address longstanding antitrust violations, rather than a decline in the sport's viability.