The European Union is re-evaluating economic interdependence, moving from a source of mutual prosperity to a tool for strategic competition amid intensifying geopolitical rivalry. The article questions the assumption that market size automatically translates into coercive geopolitical power.
The Walt Disney Company has agreed to pay $50 million to settle a class-action antitrust lawsuit. The suit alleged Disney inflated live TV streaming prices by forcing services like YouTube TV and DirecTV Stream to bundle ESPN, creating an artificial price floor. Millions of subscribers from 2019-2026 may be eligible for payouts.
Marie Duggan's $1,200 Delta fee sparked a cross-border bus trip, highlighting widespread US consumer anger over corporate consolidation, limited choices, and rising prices. Despite a strong economy, consumer sentiment is at a low, with calls for new regulations and local action to restore consumer power.
CNBC's Jim Cramer looks to the jam-packed earnings week ahead and explains what he's looking for.
California AG Rob Bonta's 2022 antitrust lawsuit against Amazon alleges the e-commerce giant pressured vendors to fix or raise prices on competitor websites, including an alleged agreement with Levi Strauss and Walmart on khaki pants priced at $29.99. The trial is scheduled for next year, with a preliminary injunction hearing set for July.
