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Keywords: Antitrust
Google has urged the European Union's highest court to uphold a lower court ruling that overturned a €1.49 billion ($1.7 billion) antitrust fine, arguing that the European Commission's legal challenge is based on flawed reasoning. The case was heard on Wednesday before the Court of Justice......
A South Korean court has temporarily suspended a decision by the country's Fair Trade Commission (FTC) to designate Coupang founder Kim Bom as the company's controlling entity, marking a significant development in an ongoing legal dispute over corporate governance. The ruling by the Seoul High......
A coalition led by California and joined by 11 other U.S. states has filed a lawsuit seeking to prevent Paramount from completing its proposed $110 billion acquisition of Warner Bros. Discovery, escalating regulatory scrutiny of what would be one of the largest media mergers in recent years. The legal......
The Oregon Department of Justice has withdrawn its court motion seeking to delay Paramount's proposed $110 billion acquisition of Warner Bros, removing one legal obstacle from one of the entertainment industry's largest pending transactions. The decision, announced on Friday, comes after a dispute......
Baker Hughes has received conditional clearance from the European Union for its proposed $13.6 billion acquisition of Chart Industries, overcoming a key regulatory hurdle after agreeing to divest part of Chart’s business to address competition concerns. The decision, announced by the European......
The proposed merger between Italian energy engineering group Saipem and Norway's Subsea 7 is expected to enter an in-depth European Union antitrust investigation, as regulators examine whether the transaction could reduce competition in the offshore energy services market. People familiar with the......
German software giant SAP has avoided a possible European Union antitrust fine after agreeing to changes designed to make it easier for customers to switch service providers or terminate contracts, EU competition regulators announced on Thursday. The European Commission said SAP’s commitments......
The European Commission has opened a new phase in its examination of Sanofi’s practices in the influenza vaccine market, seeking feedback on commitments proposed by the French pharmaceutical group to address concerns over possible anti-competitive conduct. The move follows an investigation launched......
The United Kingdom’s scrutiny of the proposed $110 billion merger involving Paramount Global and Warner Bros. Discovery is increasingly being viewed by legal experts as a mechanism to secure regulatory commitments rather than an outright attempt to block the transaction. Culture Minister Lisa......