Latest Antitrust regulation News

EXPLAINER: Microsoft's Activision buy could shake up gaming

Jan. 19, 2022 16:40 PM EST

Microsoft stunned the gaming industry when it announced this week it would buy game publisher Activision Blizzard for $68.7 billion, a deal that would immediately make it a larger video-game company than Nintendo. Microsoft, maker of the Xbox gaming system, said acquiring the owner...

Microsoft buys game maker Activision Blizzard for about $70B

Jan. 18, 2022 19:23 PM EST

Microsoft is paying the enormous sum of nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, a deal that would immediately make it a larger video-game company than Nintendo while raising questions about the deal’s possible anti-competitive effects. ...

US regulators aiming at illegal and anticompetitive mergers

Jan. 18, 2022 15:24 PM EST

WASHINGTON (AP) — U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden’s mandate for greater scrutiny to big business combinations. The Justice Department and the Federal Trade Commission announced...

Lawsuit: Google, Facebook CEOs colluded in online ad sales

Jan. 14, 2022 16:41 PM EST

Newly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online advertising sales. The CEOs of both companies were aware of the deal and signed off on it, the lawsuit alleges. The original,...

Judge says FTC's antitrust case against Facebook can proceed

Jan. 11, 2022 17:13 PM EST

A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a dismissal. In a revised complaint filed last August, the FTC argues that the...

Idaho Power cuts coal by 2028 in plan to state regulators

Jan. 04, 2022 17:54 PM EST

BOISE, Idaho (AP) — Idaho Power has submitted a 20-year plan to state regulators that phases out coal-fired power plants by 2028 as part of its effort to provide only clean energy by 2045, the company said Tuesday. Idaho Power in a news release said its 2021 Integrated Resource...

Scientist, enforcer, high-flyer: 3 women put a mark on tech

Jan. 03, 2022 20:20 PM EST

WASHINGTON (AP) — Three bright and driven women with ground-breaking ideas made significant — if very different — marks on the embattled tech industry in 2021. Frances Haugen, Lina Khan and Elizabeth Holmes — a data scientist turned whistleblower, a legal scholar turned...

Russian pipeline faces big hurdles amid Ukraine tensions

Dec. 22, 2021 15:29 PM EST

FRANKFURT, Germany (AP) — The pipeline is built and being filled with natural gas. But Russia’s Nord Stream 2 faces a rocky road before any gas flows to Germany, with its new leaders adopting a more skeptical tone toward the project and tensions ratcheting up over Russia’s troop buildup at...

Nebraska trucking firm founder to pay nearly $487K in fines

Dec. 22, 2021 13:25 PM EST

OMAHA, Neb. (AP) — The founder of a Nebraska trucking firm has agreed to pay a $486,900 fine to the federal government for purchasing large amounts of his company's stock as a director without properly reporting it. The Federal Trade Commission announced Wednesday that Clarence...

MLB sued by 4 former affiliates over minor league cuts

Dec. 20, 2021 13:37 PM EST

NEW YORK (AP) — Four minor league teams that lost their big league affiliations before the 2021 season have filed an antitrust lawsuit against Major League Baseball, using a law firm that has represented players’ unions. Parent companies of the Staten Island Yankees, Tri-City...