Paramount Skydance has agreed to pause its Warner Bros. Discovery acquisition until a court rules on a multistate antitrust challenge or until June 1, 2027. The delay could cost the company about $7 million a day in fees if the deal does not close by Sept. 30.
Paramount Skydance delays acquisition of Warner Bros. Discovery until June 2027 due to antitrust lawsuit, increasing deal price potentially by $1.7 billion, with a $7 billion breakup fee if the deal collapses.
New York City Mayor Zohran Mamdani has appointed former FTC chair Lina Khan to lead the board of the NYC Economic Development Corporation (EDC), alongside Anthony Shorris as president and CEO. Mamdani aims to combine urban business growth with his progressive affordability agenda, emphasizing economic development and justice.
The EU fined Google ₹890 million for digital antitrust violations, alleging it favored its own services and apps on Google Play and its search engine. This marks the latest EU crackdown on Big Tech, drawing criticism from Google regarding its impact on European consumers and businesses.
The European Commission has given antitrust approval for the proposed $55 billion takeover of Electronic Arts by Saudi Arabia's sovereign wealth fund, stating no competition concerns. The deal still requires review for foreign subsidy rules by July 30 and approval from other regulators, including in the US.
The European Union has fined Google 890 million euros ($1bn) for breaking digital antitrust rules by favoring its own services and apps on Google Play and its search engine, marking the latest move in Brussels' crackdown on Big Tech.
A federal judge in California issued a temporary restraining order, blocking the $111 billion merger between Paramount Skydance and Warner Bros. Discovery. The ruling, a win for 12 states led by California, cites concerns that the deal would substantially lessen competition in the theatrical film and cable TV markets.
A California judge issued a 14-day temporary restraining order on the proposed $110 billion Paramount-Skydance acquisition of Warner Bros. Discovery, following an antitrust lawsuit filed by a coalition of state attorneys general led by California's Rob Bonta, citing concerns over market share in theatrical distribution and cable TV programming.
A U.S. District Judge has issued a 14-day pause on the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, following a lawsuit from 12 state attorneys general led by California's Rob Bonta. The lawsuit alleges the merger would harm competition in film distribution and cable licensing, a claim Paramount disputes.
Chinese regulator SAMR's anti-monopoly probes into Trip.com for alleged market dominance abuse could conclude as early as Monday, potentially leading to a fine of 2 billion to 6 billion yuan (US$295-885 million) under China's anti-monopoly law.
The EU will use a €4.6 billion Google antitrust fine to alleviate budget pressure, funding increased military spending and aid for Ukraine. The payment follows a court ruling upholding the 2018 fine for Android market abuse, but critics like Hungary and Slovakia question the allocation amid social spending cuts.
Paramount's lead counsel Jeffrey Kessler stated the company still aims to close its acquisition of Warner Bros. Discovery by September, despite a recent antitrust lawsuit filed by state attorneys general. Paramount is prepared to take the case to the Supreme Court if necessary, arguing the merger is pro-competitive.
12 Democratic state attorneys general have filed a lawsuit to block the $111bn merger between Paramount Skydance and Warner Bros Discovery, citing antitrust violations that could reduce competition and increase consumer prices in the film and cable television industries.
South Korea's Fair Trade Commission (FTC) has fined eight local distributors of SolidWorks software a combined 2.3 billion won (US$1.52 million) for price rigging. The distributors colluded from 2021 to 2024, fixing minimum sales prices and avoiding competition, which led to a 53.8% increase in software purchase prices for local companies.
Oregon solicita a um tribunal que adie a fusão da Paramount e Warner Bros. para analisar documentos sobre o "Project Warrior" e lobby junto ao governo Trump, alegando interesse dos moradores no acordo.
Oregon solicita documentos sobre a fusão Paramount-Skydance, citando preocupações econômicas e de concorrência. O estado quer adiar o negócio para análise, apesar da aprovação do Departamento de Justiça dos EUA.
L'Antitrust italiano introduce nuove linee guida per contrastare le recensioni online false. Sarà necessaria una prova d'acquisto, come uno scontrino o un ordine, per validare le recensioni. Le regole si applicano a ristorazione e turismo, ma anche ad altri settori.
L'Antitrust italiano introduce nuove linee guida per combattere le recensioni online false, richiedendo prove d'acquisto come scontrini o conferme d'ordine. Le regole, in consultazione pubblica fino al 15 luglio, mirano a garantire la veridicità delle recensioni per proteggere i consumatori e la concorrenza.
The European Court of Justice dismissed Google's appeal against a 4.1 billion euro antitrust fine for abusing its dominant position with the Android operating system. The ruling confirms the penalty and marks the end of a legal battle that began in 2018.
Europe's highest court dismissed Google's appeal against a €4.1 billion EU antitrust fine for abusing Android's dominance by forcing pre-installation of its services and blocking rivals, a ruling that reinforces Europe's regulatory stance on Big Tech.
Europe's highest court upheld a record €4.1 billion fine against Google for antitrust violations related to its Android operating system. The court dismissed Google's appeal, confirming the penalty for abusing its dominant market position by forcing pre-installation of its apps.
La Corte di Giustizia UE conferma la sanzione da 4,1 miliardi di euro a Google per abuso di posizione dominante su Android, respingendo il ricorso della società.
The EU's top court dismissed Google's appeal, upholding a record €4.125 billion antitrust fine for abusing its Android dominance by pre-installing Google Search and Chrome. Google claimed the sanction penalized innovation.
The EU's top court will rule on Google's appeal against a record €4.125 billion antitrust fine for abusing its Android market dominance. Google argues the fine penalizes innovation and that users can download rival apps.
