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Antitrust

All articles tagged with #antitrust

Oregon Withdraws Bid to Delay Paramount-Warner Merger as Closing Looms
business2 hours ago

Oregon Withdraws Bid to Delay Paramount-Warner Merger as Closing Looms

The Oregon Attorney General withdrew its motion to delay the closing of the $111 billion Paramount-Warner Bros. merger, which could close as soon as July 22 even as several states review the deal for antitrust issues. The AG had asked for a 60-day extension to investigate and sought records about Paramount Skydance and the “Project Warrior” effort, but the motion was dropped after Paramount argued the requests were irrelevant. The ruling clears the path for closing, with Paramount noting global regulators have largely cleared the deal or found no competition concerns, while Oregon remains open to next steps as other regulators continue their reviews.

Oregon Drops Bid to Slow Paramount-WB Merger, Court Date Remains
business9 hours ago

Oregon Drops Bid to Slow Paramount-WB Merger, Court Date Remains

Oregon Attorney General Dan Rayfield withdrew a civil investigative demand for Paramount to turn over records and dropped a plan to delay the Paramount-Warner Bros. Discovery merger by 60 days; a Multnomah County hearing is set to review next steps. Paramount welcomed the move, saying it avoids delaying a lawful, pro-competitive deal. California and other states are weighing legal challenges, while regulators worldwide have largely cleared or reviewed the transaction. The AG had also sought documents on Paramount’s lobbying strategies, including a plan dubbed “Project Warrior,” which Paramount argued are not relevant to antitrust review.

FTC Secures Real Right-to-Repair Protections for Farmers in Deere Deal
business1 day ago

FTC Secures Real Right-to-Repair Protections for Farmers in Deere Deal

The FTC reached an antitrust settlement with John Deere that grants farmers enforceable, better-defined right-to-repair protections—including access to repair parts, tools, guides, and future resources, plus FTC oversight and the ability for farmers to sue Deere for repair-related harm. This is a major improvement over the Illinois class-action deal, which paid about $395 per farmer and relied on vague terms and weak enforcement, effectively curbing Deere’s monopoly without monetary damages for farmers.

Oregon AG Pushes 60-Day Pause and Docs in Paramount-WBD Merger
business2 days ago

Oregon AG Pushes 60-Day Pause and Docs in Paramount-WBD Merger

Oregon Attorney General Dan Rayfield asked a Multnomah County judge to postpone Paramount’s closing of its Warner Bros. Discovery deal by 60 days and to compel Paramount to hand over documents related to the merger, including lobbying materials tied to the DOJ-regulated process. A hearing is set for Monday as Paramount faces EU regulatory reviews; the DOJ has approved the deal, while UK officials and other states consider challenges. Paramount has objected to the document requests, arguing they are burdensome and marginal to Oregon’s antitrust inquiry.

States Prepare Antitrust Push Against Paramount-WBD Merger
business2 days ago

States Prepare Antitrust Push Against Paramount-WBD Merger

State attorneys general are finalizing a multistate antitrust lawsuit to challenge Paramount’s planned takeover of Warner Bros. Discovery, a filing expected next week that could derail Paramount’s timetable to take control of WBD despite the Justice Department’s clearance. The effort, which mirrors other state-level challenges to major deals after federal review, comes as California’s AG and others scrutinize the deal, Oregon pursues subpoenas, and Paramount says regulators around the world have already approved the transaction and will be defended in court.

EU Court Upholds $4.7B Android Antitrust Fine, Google Appeals End
news7 days ago

EU Court Upholds $4.7B Android Antitrust Fine, Google Appeals End

The European Court of Justice has upheld the 4.1 billion euro ($4.67 billion) Android antitrust fine against Google, ending its final appeal. The court found that Google used Android’s dominance—through pre-installation deals with handset makers—to push its own services, disadvantaging rivals. Google argues Android offers choice and openness, but the ruling closes the case, with no major overnight changes expected beyond existing tweaks to increase user options.

ECJ Upholds €4.1B Android Antitrust Penalty on Google
business9 days ago

ECJ Upholds €4.1B Android Antitrust Penalty on Google

Europe’s top court upheld the EU’s €4.1 billion antitrust penalty against Google for abusing Android to promote its own apps, rejecting Google’s appeal and confirming the revised amount from €4.34B in 2022. Google says Android remains open, while the EU continues Big Tech scrutiny under the Digital Markets Act, including recent action in its ad tech business.

Paramount Exits UIP to Clear EU Hurdles on Warner Bros. Merger
business9 days ago

Paramount Exits UIP to Clear EU Hurdles on Warner Bros. Merger

Paramount Skydance will withdraw from United International Pictures, its international distribution joint venture with Universal, to address European antitrust concerns over Paramount’s $111 billion Warner Bros. Discovery merger, as regulators seek remedies; the European Commission has extended its decision deadline to July 22, signaling progress toward approval as UIP’s footprint is cut back, with the U.K. reviewing potential media-plurality issues while the U.S. DOJ has already cleared the deal.

Paramount Drops UIP to Clear EU Approval for Warner Bros. Discovery Merger
business10 days ago

Paramount Drops UIP to Clear EU Approval for Warner Bros. Discovery Merger

Paramount will exit its United International Pictures distribution JV with Universal as a condition for EU clearance of its $111 billion merger with Warner Bros. Discovery. The European Commission confirmed a filing indicating Paramount Skydance’s commitment to withdraw from UIP, and has extended the decision deadline to July 22. The mega-merger would unite Paramount assets (CBS, Paramount Pictures, Paramount+) with WBD properties (HBO, CNN, TNT/TBS, etc.), with UK scrutiny and a Saudi ADQ/PIF/QIA-backed $24 billion investment backing the deal as major regulatory hurdles remain.

Multi-state egg-price settlement sends over 50 million eggs to food banks
business10 days ago

Multi-state egg-price settlement sends over 50 million eggs to food banks

Wisconsin DOJ and a multi-state coalition announced a settlement with Cal-Maine Foods, Hickman’s Egg Ranch and Versova over alleged coordinated bidding to raise egg prices from mid-2022 to early-2025. The pact ends price coordination, imposes compliance measures, and directs more than 50 million eggs and $3.3 million to food banks and nonprofits nationwide.

Egg-industry price benchmark case ends in settlement
business10 days ago

Egg-industry price benchmark case ends in settlement

Three US egg producers—Cal-Maine Foods, Versova and Hickman’s Egg Ranch—agreed to settle claims they coordinated bids to inflate Urner Barry’s egg price benchmark from 2022–2025, donating about 53 million eggs and paying $3.3 million; the deal, still subject to court approval, would require them to stop communicating with competitors about bidding, appoint antitrust compliance officers, and implement monitoring after DoJ and 17 state attorneys general alleged bid strategies created artificial demand and higher prices amid avian-influenza-driven shortages.

Supreme Court to hear Apple’s contempt ruling in Epic App Store clash
technology10 days ago

Supreme Court to hear Apple’s contempt ruling in Epic App Store clash

The Supreme Court will hear Apple’s appeal of a contempt finding in the Epic Games dispute over App Store fees and external payment links. Lower courts found Apple violated a 2021 injunction by blocking cheaper payment options, though Apple allowed external links and still charged a 27% commission on those purchases; the Ninth Circuit upheld a fee framework tied to costs and remanded to Judge Rogers, who found contempt in 2025 and halted commissions on external-link purchases. A ruling could reshape global App Store practices, with a decision expected by mid-2027.

AI-Driven RAM Shortage Pushes Prices Higher Through 2026, With Antitrust Scrutiny Looming
technology11 days ago

AI-Driven RAM Shortage Pushes Prices Higher Through 2026, With Antitrust Scrutiny Looming

RAM prices are forecast to surge 40-50% in Q3 2026 and 30-40% in Q4 2026 as AI infrastructure demand outpaces supply, with shortages likely persisting into 2027 and potential relief by 2028. The market is controlled by Samsung, SK Hynix, and Micron, who have faced a California lawsuit accusing them of price-fixing by restricting DRAM/NAND supply. The case echoes earlier scandals (1998-2002, 2018), while export controls limit Chinese rivals like CXMT from bringing advanced tech to market, delaying competitive pressure. Consumers are feeling the impact through higher memory costs in devices from Apple, Sony, and Microsoft.