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Antitrust Lawsuit

All articles tagged with #antitrust lawsuit

DeChambeau hints at a YouTube‑driven shift if LIV fades, with selective tour returns on the table
sports20 days ago

DeChambeau hints at a YouTube‑driven shift if LIV fades, with selective tour returns on the table

Bryson DeChambeau says LIV Golf’s funding could end after this season, and if that happens he may pivot to growing his YouTube channel and only play in tournaments that want him, while a PGA Tour return could come with penalties; he was part of an antitrust suit against the Tour in the past, and with LIV’s future uncertain and his contract ending this year, he’s weighing a path that could shift away from full‑time professional golf.

Judge Dismisses Newsmax's Antitrust Lawsuit Against Fox News
politics8 months ago

Judge Dismisses Newsmax's Antitrust Lawsuit Against Fox News

A Florida federal judge dismissed Newsmax's antitrust lawsuit against Fox News for being a 'shotgun complaint' but allowed Newsmax to file an amended complaint by next Thursday, citing procedural issues. The lawsuit accused Fox News of monopolistic behavior to suppress competitors, but the judge emphasized the need for a clearer, more focused complaint.

Michael Jordan and NASCAR face legal showdown over charters and anti-trust issues
sports9 months ago

Michael Jordan and NASCAR face legal showdown over charters and anti-trust issues

NASCAR has agreed to hold six charters in reserve for 2024, including those linked to 23XI Racing and Front Row Motorsports, if they win their federal antitrust lawsuit against NASCAR. The teams are challenging NASCAR's decision to forfeit their charters after they declined to sign extension agreements, and a court ruling is expected next week that could impact the future of these charters and NASCAR's system. The lawsuit's outcome may lead to significant changes in NASCAR's business operations and charter system.

Lawsuit Challenges Elite Colleges' Early Admissions and Tuition Practices
education9 months ago

Lawsuit Challenges Elite Colleges' Early Admissions and Tuition Practices

A lawsuit alleges that elite colleges conspire through early decision policies to inflate tuition prices and reduce competition, primarily benefiting wealthy students and potentially exacerbating inequality. The case targets 32 selective schools, claiming their practices hinder fair financial aid distribution and violate antitrust laws, while also raising concerns about the fairness and transparency of the college admissions process.

BlackRock Faces Legal Battles Over Climate and Coal Investments
business11 months ago

BlackRock Faces Legal Battles Over Climate and Coal Investments

BlackRock and other major asset managers are facing an antitrust lawsuit from Republican-led states, accusing them of climate activism that allegedly influenced energy markets and reduced coal production. The firms seek to dismiss the case, arguing their actions lack evidence of conspiracy, while the states contend even industry agreements could impact market decisions. The case could significantly affect how these firms manage their holdings, especially regarding coal investments.

Republican AGs Sue Investment Firms for Alleged Anti-Coal Collusion
politics1 year ago

Republican AGs Sue Investment Firms for Alleged Anti-Coal Collusion

Eleven Republican attorneys general, led by Texas, have filed a lawsuit against BlackRock, Vanguard, and State Street, accusing them of conspiring to restrict the coal market by pushing climate policies, thus violating antitrust laws. The lawsuit claims these asset managers have formed a cartel to limit coal supply, raise energy prices, and harm American energy production. BlackRock has dismissed the lawsuit as baseless, asserting its investments are focused on financial returns for clients.