2d illustrations and photos/iStock via Getty Images HashiCorp (NASDAQ:HCP) and IBM (NYSE:IBM) have acknowledged the receipt of a second request for information from the Federal Trade Commission over its antitrust probe of their merger. IBM in late April agreed to buy HashiCorp for $35 a share in cash. The twoContinue Reading
LD The Federal Trade Commission (FTC) has launched an investigation into whether the nation’s largest dialysis providers, DaVita (NYSE:DVA) and Fresenius Medical Care (NYSE:FMS), are allegedly harming their small competitors, The Politico reported Saturday. Citing people familiar with the matter, the publication said that part of the probe focuses onContinue Reading
David Ramos/Getty Images News Microsoft (NASDAQ:MSFT) reached a €20M (~$21.7M) settlement with cloud association CISPE in Europe, sparing the tech giant from a hefty fine and further EU investigation, Reuters reported, citing people with knowledge of the matter. Cloud Infrastructure Service Providers in Europe (CISPE) accused Microsoft (MSFT) of usingContinue Reading
Robert Way Microsoft (NASDAQ:MSFT) has reportedly ditched its board observer seat at OpenAI, while Apple (NASDAQ:AAPL) will not take up a similar position, as tech giants face increasing scrutiny over investments in artificial intelligence startups, the Financial Times reported on Wednesday. Microsoft (MSFT), which has invested billions in the makerContinue Reading
Wachiwit Apple (NASDAQ:AAPL) has filed a petition with a Chinese court in an effort to tweak a ruling that the company won, as it says the tech giant has a “dominant position” in the app market, Bloomberg reported. Apple wants China’s highest court to remove the references from the decisionContinue Reading
Parradee Kietsirikul Nvidia (NASDAQ:NVDA) will likely face charges by French antitrust regulators for alleged anti-competitive practices, according to a breaking news report by Reuters on Monday morning. “The French so-called statement of objections or charge sheet would follow dawn raids in the graphics cards sector in September last year, whichContinue Reading
4-Your-Eyes-Only JPMorgan believes that a potential second Donald Trump U.S. administration could be more lenient when it comes to antitrust enforcement. The Trump administration, which ran from 2017 to 2021, notably kicked off investigations into tech giants that were then carried on by incumbent President Joe Biden’s government. Under Biden,Continue Reading
Eric Broder Van Dyke Live Nation (NYSE:LYV) rose 4% amid a report that the U.S. Justice Department’s antitrust lawsuit against the concert promoter won’t go to trial until 20026. The shares may also be helped by higher odds of a Donald Trump win after the Presidential debate Thursday night. U.S.Continue Reading
Scott Olson/Getty Images News The National Football League has lost an antitrust trial over its NFL Sunday Ticket broadcast package, and has been ordered to pay about $4.7B in damages, an amount that could be tripled under antitrust law, according to media reports. A class of football-fan plaintiffs had accusedContinue Reading
anaimd/iStock via Getty Images Vista Outdoor (NYSE:VSTO) ticked down by 1.3% amid a report that the Dept. of Justice is looking at the planned sale of its ammo business to Czechoslovak Group over potential antitrust issues. DOJ antitrust lawyers have held meetings with third parties, including law enforcement groups, thatContinue Reading
