News Muncher - searching for antitrust

2 days, 19 hours ago

Judge sets January date to hear NASCAR’s motion to throw out antitrust lawsuit

CHARLOTTE, N.C. — A federal judge set a Jan. 8 hearing to hear NASCAR’s motion to throw out an antitrust lawsuit filed against the stock car series by Michael Jordan-owned 23XI Racing and Front Row Motorsports The two teams are suing NASCAR and were granted a preliminary injunction Wednesday that will allow them to compete as chartered teams in 2025. …

Teams Charter Nascar Front Row

4 days, 19 hours ago

Two directors of Epic Games, Tencent resign amid antitrust investigation

Al Jazeera

The US Department of Justice says it expressed concerns directors’ positions on two company boards violated Clayton Act. Two directors of Fortnite creator Epic Games who were appointed by Chinese tech company Tencent Holdings have resigned their positions in the wake of an antitrust investigation in the United States. The US Department of Justice said in a statement on Wednesday …

Justice Chinese Epic Games Directors Positions Games Tencent Epic Games Tencent Clayton Act

4 days, 22 hours ago

23XI Racing and Front Row can compete in 2025 as chartered teams in legal victory

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The two teams suing NASCAR …

Racing Teams Sign Row Hamlin Jordan Charter

4 days, 23 hours ago

23XI Racing and Front Row can compete in NASCAR’s 2025 season as chartered teams in legal victory

Associated Press

CHARLOTTE, N.C. — The two teams suing NASCAR over an antitrust complaint were granted a preliminary injunction Wednesday that will allow them to compete as chartered teams in 2025. U.S. District Court Judge Kenneth D. Bell said in his ruling, which favors 23XI Racing and Front Row Motorsports, that “NASCAR fans have an interest in watching all the teams compete …

Racing Row Hamlin Jordan Charter Front Row Compete

5 days, 19 hours ago

What does Big Tech hope to gain from warming up to Donald Trump?

India Today

NEW YORK: In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple's Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank's Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes office …

Tech Google Data Centers New York Musk Elon Musk Biden

5 days, 23 hours ago

What does Big Tech hope to gain from warming up to Trump?

Associated Press

NEW YORK — In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple’s Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg, SoftBank’s Masayoshi Son and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes …

Tech Trump Google Data Centers New York Musk Elon Musk

1 week, 2 days ago

“The Lina Khan approach will quickly die”: Trump FTC pick signals big antitrust changes

Salon

President-elect Donald Trump’s nomination of Andrew Ferguson to chair the Federal Trade Commission signals a break from the aggressive stance of the commission under President Joe Biden. Tad Lipsky, a law professor at the Antonin Scalia Law School at George Mason University, told Salon "there’s a lot of chatter going around the antitrust community about this exact issue.” Lipsky, who …

Trump Antitrust Republican Vance Biden Republicans Khan

1 week, 3 days ago

Biden's 'last hurrah' on grocery merger may snowball even after Trump steps in: analyst

Raw Story

One of the Biden administration's final acts will be securing a legal prohibition on the merger of two of America's largest grocery chains, Kroger and Albertsons — a deal that, had it gone through, would have created a combined company with more locations than Walmart and eliminated a major source of competition that keeps food prices stable. With Trump's cronies …

Trump Khan Merger Mitchell Kroger Grocery

1 week, 4 days ago

Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is dropped

Associated Press

CHARLOTTE, N.C. — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. “Specifically, NASCAR informed us that it would not approve the transfer unless we agreed to drop our current antitrust lawsuit against them,” Jerry Freeze, general …

Court Racing Team Teams Lawsuit Suit Row

1 week, 4 days ago

Nvidia increases hiring in China to boost AI-driven car efforts

Hindustan Times

Nvidia Corp. has added hundreds of staff in China this year to enhance its research capabilities and focus on new autonomous driving technologies. While Nvidia has sought to maintain good relations with Beijing, the local antitrust regulator this week announced a probe into Nvidia’s 2020 takeover of Mellanox. While Nvidia has sought to maintain good relations with Beijing, the local …

China Beijing Nvidia

China targets Nvidia with antitrust probe, escalates US chip tensions

Deccan Chronicle

Beijing: China said on Monday it has launched an investigation into Nvidia over suspected violations of the country's anti-monopoly law, a probe widely seen as a retaliatory shot against Washington's latest curbs on the Chinese chip sector. The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its …

China Washington Chinese Nvidia Chip

1 week, 5 days ago

Trump's FTC head vowed to 'terminate uncooperative bureaucrats' and fight 'DEI wokeism'

Raw Story

President-elect Donald Trump has named his choice to head the Federal Trade Commission, the agency that oversees antitrust law: Andrew Ferguson, a longtime Republican FTC commissioner who has already pledged to purge the institution of anyone disloyal to Trump. Circuit, and U.S. Supreme Court Justice Clarence Thomas," Trump posted to Truth Social. Ferguson appears set to pump the brakes on …

Trump Ferguson Ftc

1 week, 5 days ago

Trump taps Kimberly Guilfoyle, who dated his son Don Jr, as Greece envoy

India Today

US President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade Commission, Ron Johnson was nominated to be ambassador to Mexico, and Kimberly Guilfoyle to be ambassador to Greece. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our …

Trump Greece Johnson Khan Son Kimberly Don Jr

1 week, 5 days ago

Trump says he’ll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece

Associated Press

WASHINGTON — President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade Commission, Ron Johnson was nominated to be ambassador to Mexico, and Kimberly Guilfoyle to be ambassador to Greece. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in …

Trump Greece Johnson Khan Kimberly Ferguson Ambassador

1 week, 5 days ago

Judge hands Biden's FTC major antitrust win on grocery stores

Raw Story

A federal judge delivered a huge win to the departing Biden administration on Tuesday, ruling in favor of the Federal Trade Commission's action against the merger of the Kroger and Albertsons supermarket chains, reported the Wall Street Journal. “Evidence shows that defendants engage in substantial head-to-head competition and the proposed merger would remove that competition,” Judge Adrienne Nelson ruled. The …

Kroger Ftc

1 week, 6 days ago

CCI enlists attorney general R Venkataramani to clear path for Amazon, Flipkart antitrust probes

Live Mint

New Delhi: The Competition Commission of India has engaged attorney general R Venkataramani, the country’s highest-ranking law officer, to fight its case against various current and former online sellers of Amazon and Flipkart, including Cloudtail India Pvt Ltd, Appario Retail Pvt Ltd and Samsung India Electronics Pvt Ltd, two people informed about the development said. These companies have filed writ …

Court Amazon High Probe Flipkart Cci

China launches investigation into US chipmaker Nvidia

Al Jazeera

Taipei, Taiwan – China has launched an antitrust investigation into chip giant Nvidia in what appears to be Beijing’s latest act of retaliation against Washington’s sanctions on Chinese tech companies. Chinese state media said on Monday that the California-based chipmaker was being investigated by the State Administration for Market Regulation for potentially violating China’s antimonopoly laws. Regulators will also review …

China Company Beijing Nvidia Chong Chinese Tech

1 week, 6 days ago

Trump selects Andrew Ferguson as pick for Federal Trade Commission chair

CNN

CNN — President-elect Donald Trump has selected Andrew Ferguson as his choice for Federal Trade Commission chair. We will make sure that America is the world’s technological leader and the best place for innovators to bring new ideas to life,” he said in a post on X. Trump also said Tuesday he is selecting Mark Meador as his pick to …

Tech Trump Antitrust Commission Federal Khan Ferguson

2 weeks ago

China hits back at US, initiates antitrust investigation in NVIDIA’s AI chip dominance

Firstpost

The probe, led by China’s State Administration for Market Regulation, scrutinises NVIDIA’s $6.9 billion acquisition of Mellanox Technologies in 2019, which was approved by Beijing in 2020 under strict conditions to ensure non-discriminatory access to products for the Chinese market China has launched an antitrust investigation into NVIDIA, the American semiconductor giant dominating the AI GPU market, in what appears …

China Market Investigation Tech Chinese Beijing Ai

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

Live Mint

* India's antitrust body seeks Supreme Court hearing on challenges in Amazon, Flipkart probe * Twenty-three legal challenges filed by Samsung, Vivo and vendors over investigation * Antitrust body says challenges aim to scuttle its investigation By Aditya Kalra NEW DELHI, Dec 9 - India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of …

India Supreme Court Court Challenges Amazon Indian Samsung

2 weeks ago

China is probing Nvidia in a major escalation of its chip war with the US

CNN

CNN — China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media. China Central Television in a report Monday said the Chinese government believes Nvidia’s purchase of Israeli networking company Mellanox could violate the country’s anti-monopoly laws, though the report did not specify what the …

China Ai Nvidia Chip Chips

2 weeks, 3 days ago

Brazilian federal judge overturns Apple's antitrust case, calls it 'disproportionate,' regulators to appeal

Firstpost

Brazil’s CADE’s ruling earlier this year demanded that Apple allow third-party payment options and remove its anti-steering policies within 20 days, threatening substantial fines for non-compliance Apple has already made changes to its App Store policies in the US and EU to address similar concerns, introducing limited third-party payment options and relaxing anti-steering measures. Image Credit: Reuters Apple’s legal tussle …

Apple Case Payment Brazil Ruling Federal Judge

2 weeks, 4 days ago

UnitedHealthcare CEO gunned down in Manhattan sold company stocks just before DOJ probe made public

The Independent

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The healthcare CEO shot …

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2 weeks, 4 days ago

UnitedHealthcare CEO Brian Thompson, murdered in ‘planned attack’, got threats before death: Wife

Live Mint

UnitedHealthcare CEO shooting: An ordinary corporate meeting in a midtown Manhattan hotel turned fatal for 50-year-old Brian Thompson, the CEO of UnitedHealthcare. He was fatally shot on the sidewalk as he approached the hotel around 6:45 a.m. Brian was shot multiple times on his way to the New York Hilton Midtown early Wednesday morning, in what the police said was …

Thompson Brian Unitedhealth Unitedhealthcare Brian Thompson

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Search results for antitrust

Judge sets January date to hear NASCAR’s motion to throw out antitrust lawsuit

Two directors of Epic Games, Tencent resign amid antitrust investigation

23XI Racing and Front Row can compete in 2025 as chartered teams in legal victory

23XI Racing and Front Row can compete in NASCAR’s 2025 season as chartered teams in legal victory

What does Big Tech hope to gain from warming up to Donald Trump?

What does Big Tech hope to gain from warming up to Trump?

“The Lina Khan approach will quickly die”: Trump FTC pick signals big antitrust changes

Biden's 'last hurrah' on grocery merger may snowball even after Trump steps in: analyst

Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is dropped

Nvidia increases hiring in China to boost AI-driven car efforts

China targets Nvidia with antitrust probe, escalates US chip tensions

Trump's FTC head vowed to 'terminate uncooperative bureaucrats' and fight 'DEI wokeism'

Trump taps Kimberly Guilfoyle, who dated his son Don Jr, as Greece envoy

Trump says he’ll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece

Judge hands Biden's FTC major antitrust win on grocery stores

CCI enlists attorney general R Venkataramani to clear path for Amazon, Flipkart antitrust probes

China launches investigation into US chipmaker Nvidia

Trump selects Andrew Ferguson as pick for Federal Trade Commission chair

China hits back at US, initiates antitrust investigation in NVIDIA’s AI chip dominance

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

China is probing Nvidia in a major escalation of its chip war with the US

Brazilian federal judge overturns Apple's antitrust case, calls it 'disproportionate,' regulators to appeal

UnitedHealthcare CEO gunned down in Manhattan sold company stocks just before DOJ probe made public

UnitedHealthcare CEO Brian Thompson, murdered in ‘planned attack’, got threats before death: Wife