Virginia AG sues Zillow, Redfin over $100M agreement not to compete
Virginia Attorney General Jason Miyares filed an antitrust lawsuit against real estate website Zillow and Redfin.
Google faces antitrust déjà vu as US seeks to break up its digital advertising business
The DOJ seeks to break up Google’s ad business in a new trial, arguing the company abused its monopoly in digital advertising.
FTC, states sue Ticketmaster, saying it forces fans to pay more for concerts and events
The Federal Trade Commission and a bipartisan group of state attorneys general, including Virginia, sued Ticketmaster and its parent company.
Nvidia violated antimonopoly laws, China says
OpenAI announced a new deal with Microsoft and plans to give its nonprofit controller a $100B equity stake in its for-profit arm.
Mars to pump $2B into U.S. manufacturing
Mars announced on Tuesday that it plans to invest $2 billion in its U.S. manufacturing operations throughout the country by the end of 2026.
HPE settles DOJ suit over $14B Juniper deal
Hewlett Packard Enterprise has reached a settlement with the Justice Department that could clear the way for its $14 billion takeover of rival Juniper Networks. The Justice Department had sued to block the acquisition, saying it could eliminate competition, raise prices and reduce innovation. The settlement, which is subject to court approval, calls for Hewlett […]
$35B Capital One-Discover merger closes
McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois-based Discover. The deal was announced in […]
Pringles maker Kellanova’s shares rise after US regulators approve its proposed merger with Mars
Snack maker Kellanova’s shares rose Thursday on news that its proposed merger with Mars Inc. had cleared U.S. regulators. The U.S. Federal Trade Commission announced late Wednesday that after nearly a year of investigation, it determined that a merger between Mars and Kellanova wouldn’t threaten competition in the market. Kellanova shares were up nearly 1% in morning […]
EU opens investigation into $35.9B Mars-Kellanova merger; FTC approves deal
The European Union's antitrust watchdog organization has opened an in-depth investigation into Mars' proposed $35.9 billion acquisition of Kellanova
Report: EU set to launch antitrust probe of $35.9B Mars-Kellanova deal
The European Union's antitrust watchdog is expected to launch a full-scale investigation into Mars' $35.9 billion acquisition of Kellanova.
Compass sues Zillow over off-market listings ban
Real estate brokerage company Compass has filed a lawsuit against Zillow over its policy to ban private home listings. In a filing with the U.S. District Court for the Southern District of New York, Compass claims that “Zillow has sought to rely on anticompetitive tactics to protect its monopoly and revenues in violation of the […]
Antitrust lawsuit against General Dynamics, HII revived in appeals court
Two former naval engineers who claimed that General Dynamics, Huntington Ingalls Industries and more than a dozen other government contractors and shipbuilders illegally agreed to not poach each other's employees will receive a rehearing, a federal appeals court panel ruled this month.