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Google (GOOG) is expected to receive a fine as early as today from the European Commission over alleged abuses in its advertising technology business, according to two people with direct knowledge of the matter. The Brussels enforcer has had a decision ready for months to fine the Big Tech firm and was due to announce […]
Caris Life Sciences (CAI) earned Food and Drug Administration (FDA) approval for MI Cancer Seek, a tool that runs genetic sequencing on tumor tissue, for use as a companion diagnostic—atest that helps identify the best course of treatment for a patient—in November 2024. Since then,...
The federal government has the power to kill part of AT&T’s (T) proposed $23 billion airwaves purchase from EchoStar (SATS) without going to court. The question is whether DOJ or the Federal Communications Commission will do so. Under a 2020 agreement to help establish Dish as a...
The FTC’s estimate that GTCR’s acquisition of Surmodics (SRDX) would create a company that produces 60% of the hydrophilic coatings for medical devices in the U.S. is far too high, the private equity firm’s economics expert said in court today. Instead, the market share would be...
As Roblox (RBLX) continues to announce new safety features and policies amid a growing wave of lawsuits alleging the company facilitates the sexual exploitation of children and teens, one thing remains constant—it is remarkably easy for individuals claiming to be any age to create...
After more than 10 years, a major private antitrust case against Keurig Dr Pepper (KDP) is approaching a milestone that could have ramifications not only for the world’s largest maker of single-serve coffee products but also for U.S. government lawsuits against Big Tech behemoths, Live...
China’s antitrust authority recently paused the review clock on its investigation into Keysight Technologies’ (KEYS) proposed takeover of rival Spirent Communications (LON: SPT) to allow extra time to negotiate and market test the parties’ proposed remedy package, sources familiar...
President Donald Trump is pondering an executive order to define the percentage of content from high-tariff countries in imported goods that would trigger his recently announced 40% ‘transshipment’ tariffs, three sources familiar with the matter said. The administration on July 31...
LiveRamp (RAMP) tried to distance itself from sensitive audience “segments” sold on its Data Marketplace in a recent response to an amended data privacy class-action complaint against the company, after a federal judge ruled last month that the case could proceed. LiveRamp repeatedly...
Following a favorable April ruling in the federal antitrust lawsuit against Google’s (GOOG) ad-tech business, publishers are likely considering filing their own lawsuits against the company. The biggest publishers could be looking at hundreds of millions—even billions—of dollars in...
Roger Alford, the antitrust division’s former No. 2 official, in a speech today will blast DOJ Chief of Staff Chad Mizelle and Associate Attorney General nominee Stanley Woodward for their role in the “HPE/Juniper merger scandal” and enabling “MAGA-In-Name-Only...
Obscure and rising commercial card fees that Visa (V), Mastercard (M) and other major card networks set for business-to-business payments should be capped by the EU, Metro CEO Steffen Greubel said in an interview with The Capitol Forum. “It’s a money-making machine for them and a...
Dozens of federal judges attended seminars in idyllic locales like Hawaii and Portugal held by a George Mason University (GMU) law school organization that received Big Tech funding, a Capitol Forum review of public records found. The university’s Antonin Scalia Law School, one of the...
New Mexican climate and consumer advocacy groups said they’ll likely oppose Blackstone’s (BX) proposed $11.5 billion acquisition of utility operator TXNM Energy (TXNM) over concerns the private equity firm would favor its own financial interests at the expense of ratepayers and the...
Providence Equity Partners, in announcing its $848 million agreement to acquire Cantaloupe (CTLP), a self-service retail software and hardware rival, pitched the deal as combining companies with “complementary strengths.” But that’s not how Cantaloupe executives have always...
“Ultimately, ‘Roblox’ is the safest place for anyone on the internet.” That’s what Roblox (RBLX) CEO David Baszucki told NPR on July 23 when asked whether parents should be worried about child predators using the immensely popular gaming platform to reach minors. The company...
American characterizations of EU fines on U.S. technology giants under the bloc’s digital rules as de facto taxes or tariffs are a way for the Trump administration to ramp up political pressure on the bloc, said Olivier Guersent, the former top antitrust enforcer at the European...
The Trump administration’s order this month forcing China’s Suirui Group to unwind its purchase of California-based Jupiter Systems is more than a delayed enforcement action—it’s a powerful signal of the U.S. government’s rapidly hardening stance against Chinese control of...
American Axle and Manufacturing’s (AXL) $1.16 billion pound ($1.44 billion) bid for London-listed Dowlais (LON: DWL) will likely face rigorous scrutiny from competition regulators in China, a key automotive market, lawyers and industry experts...
Omnicom (OMC) is preparing to cite the European Commission’s previous clearance of its proposed merger with Publicis (EPA: PUB), as well as its French rival’s market prowess in hopes of obtaining unconditional EU approval for its $13.3 billion acquisition of Interpublic Group (IPG)...
The European Commission is seeking market feedback on Prosus’s offer to sell down its stake in food delivery platform Delivery Hero (ETR: DHER) before it decides whether to accept the remedy or send the investment firm’s €4.1 billion acquisition of Just Eat Takeaway.com (AMS: TKWY)...
A New Mexico school district is pursuing an action against Stride Learning, Inc. (LRN) that could cause the company to be placed on a registry of vendors that are excluded from receiving state government contracts, potentially jeopardizing Stride’s ability to secure or renew contracts...
What a difference two years has made in Google’s comments about artificial intelligence’s relationship to its dominant search...
In 2019, Encompass Health (EHC), the country’s largest operator of inpatient rehabilitation facilities (IRF), entered into a settlement with the Department of Justice for $48 million to resolve allegations that its hospitals falsely diagnosed patients to increase Medicare payments and...
After DOJ’s suit to block HPE’s (HPE) $14 billion acquisition of Juniper Networks (JNPR) culminated in a highly unusual settlement, the consent decree faces one last barrier to becoming final: Tunney Act review by U.S. District Judge Casey Pitts. That’s typically a rubber stamp....
Anthropic is facing a certified class action lawsuit—and the prospect of massive statutory damages—over its use of pirated datasets to train its generative AI systems. “It’s a huge deal,” Edward Lee, a professor at Santa Clara University Law School told The Capitol Forum, of...
This article has been updated with a statement from Prosus. Prosus is offering to sell down its stake in food delivery platform Delivery Hero (ETR: DHER) to single digits in hopes of avoiding an in-depth European Commission investigation into its proposed acquisition of Just Eat...
After a judge Tuesday recommended the rejection of a $6.2 billion deal that would give BlackRock (BLK) control of Allete’s (ALE) Minnesota Power, opponents and supporters alike turned their attention to the state’s public utility authority, which will decide the transaction’s fate....
Novo Nordisk (NVO) did not report multiple deaths that may have been caused by its blockbuster weight loss drug Ozempic to the FDA, according to an agency inspection report obtained by The Capitol Forum through a Freedom of Information Act request… The rest of this article is...
Live entertainment executive indicted on criminal bid-rigging charges. The Justice Department last Wednesday indicted Timothy Leiweke, the CEO of the live entertainment company Oak View Group (OVG), for allegedly orchestrating a bid-rigging conspiracy to secure the contract for the...
Between 2023 and 2025, Fleet, a subsidiary of Prestige Consumer Healthcare (PBH) that manufactures enemas and suppositories, received several complaints that its adult and pediatric enemas were being shipped to customers with visible signs of mold. Despite these complaints, however, the...
Nyxoah, a Belgian company whose implantable sleep apnea device, Genio, has been on the market in Europe since 2020, plans on launching its device in the U.S. upon earning final approval from the Food and Drug Administration (FDA)—a decision company executives say is...
Last year only nine Californians asked The Trade Desk (TTD) to delete personal data processed by the company, despite the adtech giant developing and utilizing a persistent identifier created from the information of more than 245 million individuals to facilitate targeted advertising...
In the months after Inauguration Day, the Trump administration’s merger policy appeared to be slowly but surely rounding into form: To wit, meaningful continuity from the Biden administration (retaining the 2023 Merger Guidelines and updated HSR Form), coupled with substantive pull back...
The world’s largest online chess platform, Chess.com, is abusing its dominance through a host of anticompetitive practices, including killer acquisitions, price discrimination and exclusivity clauses, according to a complaint filed with the European Commission by former world chess...
ADNOC’s €14.7 billion planned acquisition of chemicals producer Covestro (ETR: 1CO) is likely headed for an in-depth EU foreign subsidies investigation at the end of this month because the European Commission wants the United Arab Emirates oil giant to give up its unlimited state...
When the interagency panel known as Team Telecom declined last month to recommend action on T-Mobile US’s (TMUS) $4.4 billion bid for United States Cellular’s (USM) wireless business, it was seen as a milestone on the deal’s regulatory...
Prosus is set to meet European Commission officials next week for a state-of-play meeting to discuss the enforcer’s initial concerns about the investment firm’s €4.1 billion takeover of Just Eat Takeaway.com (AMS: TKWY), according to two sources familiar with the...
The European Commission has had a decision ready for months to fine Google (GOOG) over alleged abuses in its advertising technology business, three people with direct knowledge of the matter told The Capitol...
Welcome to The European Antitrust Agenda, written by Europe Executive Editor Javier Espinoza and Senior Correspondents Charley Connor, Vesela Gladicheva and Lydia O’Neal. This week, Google is up for a grilling over its compliance with the EU’s digital antitrust regime and the Irish...
European Commission competition chief Teresa Ribera dismissed reports that the EU might water down its digital antitrust rules in trade negotiations with the U.S. and criticized America’s own effort to rein in the power of Big Tech as slower and less effective than the bloc’s regime....
The FTC’s move this week to clear Omnicom’s (OMC) proposed acquisition of advertising holding company rival Interpublic (IPG) through a truncated process culminating in an unusual complaint and consent order places European competition enforcers in unfamiliar, and largely...
Tennessee is waiting on the Centers for Medicare and Medicaid Services (CMS) to approve an amendment to its Medicaid managed care program, TennCare III, that would authorize additional payments to hospitals that meet certain access and quality improvement benchmarks. While it remains...
FTC staff are poised to depart their current Constitution Center offices for the U.S. Government Accountability Office building by the end of the year, sources familiar with the matter...
More than three years after family safety app Life360 (LIF) announced it would transition away from the sale of users’ precise geolocation data in favor of providing business partners with “aggregated” data analytics, the company appears to be creating thousands of audience...
The European Commission is asking industry players about Google’s (GOOG) integration of artificial intelligence features into its search engine as the EU builds up pressure on Big Tech firms to fall in line with its digital antitrust...
Apple (AAPL) is preparing to offer changes to its rules for developers in Europe as soon as Thursday to avoid additional fines over its restrictions on apps seeking to steer users to promotions outside of its App Store, according to two sources with direct knowledge of the...
China’s antitrust authority is set to start a phase 3 review of Keysight Technologies’ (KEYS) proposed 1.16 billion pound ($1.5 billion) takeover of rival Spirent Communications (LON: SPT), sources familiar with the matter...
Equitable Financial Life Insurance Company has reinsured nearly half of its in-force life insurance and annuity policies with an affiliate insurer in a series of transactions that have allowed it to upstream billions of dollars out of policyholders’ reach while maintaining the slimmest...
Del Amo Behavioral Health, a psychiatric hospital in Torrance, California, owned by Universal Health Services (UHS), is not reporting severe physical and sexual assault of patients in its care, a Capitol Forum investigation has...
Brian Blase, the president of a conservative health policy group with links to the Trump administration, called on Congress at a June 25 House Budget Committee hearing to crack down on enrollments in the Affordable Care Act (ACA) Marketplace, de-incentivize states from expanding their...
