Tag Archives: Antitrust

Financial Daily Dose 5.19.2020 | Top Story: US Markets Surge on Hopes for Covid-19 Vaccine

BY: Michael D. Reif | May 19, 2020

Optimism over promising results for a coronavirus vaccine from Moderna helped drive stocks up on Monday after a rough go of it last week – WSJ and NYTimes and Bloomberg and MarketWatch Inside sources suggest that the DOJ is preparing to file “antitrust charges against Google as early as this summer . . . in … Continue reading

Financial Daily Dose 2.27.2020 | Top Story: Ninth Circuit Limits First Amendment Application on Tech Platforms

BY: Michael D. Reif | February 27, 2020

The Ninth Circuit has ruled unanimously that privately operated internet platforms are “free to censor content they don’t like”—a “not unexpected” ruling that nonetheless “marks the most emphatic rejection . . . that YouTube, Twitter, Facebook and other giant tech platforms are bound by the First Amendment” – WSJ and Law360 Getting to know new … Continue reading

Financial Daily Dose 2.12.2020 | Top Story: Big Tech Antitrust Update

BY: Juvian Hernandez | February 12, 2020

Big-Tech/Antitrust Update: the FTC has demanded information from Amazon.com Inc., Apple Inc., Facebook Inc., Microsoft Corp., and Alphabet Inc. regarding acquisitions of small firms over the past 10 years that may have been too small to trigger antitrust review. This analysis of Big Tech’s “kill zones” may lead to future changes in how the FTC … Continue reading

Financial Daily Dose 2.6.2020 | Top Story: Feds Probing Google’s Ad Business Over Antitrust Concerns

BY: Michael D. Reif | February 6, 2020

More detail is emerging on the DOJ’s ongoing antitrust probe into Google, with recent attention to the company’s online ad tools suggesting the topic has become “a major focus of the investigation,” with special focus on “how Google’s third-party advertising business interacts with publishers and advertisers” – WSJ and Bloomberg The company has, however, managed … Continue reading

Financial Daily Dose 1.14.2020 | Top Story: Amazon Hit with Antitrust Case by India’s Government

BY: Juvian Hernandez | January 14, 2020

BlackRock Inc. will sell out of all companies “that get more than 25% of sales from thermal coal.” This threshold, however, won’t affect larger, diversified miners—which includes some of the biggest coal shippers. – Bloomberg and NYTimes MGM Resorts International agreed to sell the MGM Grand and Mandalay Bay and casinos to Blackstone Group Inc. Blackstone would own … Continue reading

Financial Daily Dose 12.09.2019 | Top Story: States Begin Trial Today Challenging T-Mobile/Sprint Merger on Antitrust Grounds

BY: Juvian Hernandez | December 9, 2019

Thirteen states and the District of Columbia are suing to block the $26 billion plan to merge T-Mobile US Inc. and Sprint Corp. The trial is slated to begin today with state officials arguing the deal would create “a more staid market with prices higher than they would otherwise be . . . .” – … Continue reading

Financial Daily Dose 12.02.2019 | Top Story: US Restores Metal Tariffs on Argentina and Brazil

BY: Juvian Hernandez | December 2, 2019

The White House will again slap tariffs on steel and aluminum imports from Argentina and Brazil in an apparent reaction to “massive devaluation” of  currencies in both South American nations – WSJ and NYTimes and Bloomberg Chinese tech giant, Huawei Technologies Co., can resume trading with some U.S. chip suppliers. Huawei, long seen as a … Continue reading

Apple Inc. v. Pepper: A Case to Watch for Commissions-Based Retailers Selling Directly to Consumers

BY: Qian Julie Wang | September 5, 2019

In May, the U.S. Supreme Court issued a decision in Apple Inc. v. Pepper, 139 S. Ct. 1514 (2019), holding that consumers of Apple’s App Store could bring suit against the tech giant for antitrust claims.  In the case, Robert Pepper and three other app consumers sued Apple, claiming that its App Store model is … Continue reading

Financial Daily Dose 8.12.2019 | Top Story: Saudio Aramco Releases Financial Ahead of Planned IPO

BY: Michael D. Reif | August 12, 2019

Saudi Aramco’s mega IPO plans are back on, and while valuation and other stumbling blocks remain, the kingdom is hoping to raise billions via the public offering as early as next year – WSJ and Bloomberg Russian authorities are opening an antitrust probe into Apple’s recent moves restricting and removing parental control apps from its … Continue reading

Financial Daily Dose 8.2.2019 | Top Story: White House Threatens More Tariffs on China

BY: Michael D. Reif | August 2, 2019

Jobs Report Friday! Some thoughts on what to look for in the numbers – Bloomberg and WSJ and NYTimes Apparently hoping to urge China off of its new go-slow tactic, the White House is applying its maximum pressure campaign again, announcing yesterday that the US will “impose a 10 percent tariff on an additional $300 … Continue reading