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Federal Judge Approves Tempur Sealy’s $4B Acquisition of Mattress Firm Despite FTC Objections

 |  Feb 2, 2025

A federal judge on Friday cleared Tempur Sealy International’s  $4B takeover of Mattress Firm, rejecting the Federal Trade Commission’s claim that the combination would harm consumers. U.S. District Judge Charles Eskridge ruled that the companies cannot close the transaction until Feb. 7 to give the FTC time to appeal the decision. The judge…

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EU Antitrust Chief Defends Fines Against Tech Giants Amid Trump Criticism
 |  Feb 2, 2025

The European Union’s top competition official has pushed back against criticism from former U.S. President Donald Trump over hefty antitrust fines levied against American technology firms. According to a Wall Street Journal report, Teresa Ribera, executive vice president of the European Commission and the bloc’s leading competition authority, emphasized that the fines are…

Apple Files Emergency Motion to Protect Search Partnership with Google
 |  Feb 2, 2025

Apple has filed an emergency motion with the U.S. District Court for the District of Columbia, seeking to safeguard its business arrangements amid the ongoing Google search antitrust case. According to The Verge, the motion, submitted late Thursday, requests a stay on potential remedies that the Department of Justice (DOJ) may impose following…

Italy Blocks Chinese AI Model DeepSeek Over Data Privacy Concerns
 |  Jan 30, 2025

Italy’s data protection authority, the Garante, has taken action against the Chinese artificial intelligence model DeepSeek, citing a lack of transparency regarding its handling of personal data. Reuters report, the Garante announced on Thursday that it had blocked access to DeepSeek within the country. As of Wednesday, the AI model…

Burner Account Mystery Adds Intrigue to NASL’s Case Against US Soccer
 |  Jan 30, 2025

A high-profile antitrust trial is currently unfolding in a federal court, pitting the now-defunct North American Soccer League (NASL) against the U.S. Soccer Federation (USSF) and Major League Soccer (MLS). The case, which involves claims of anti-competitive conduct, has drawn attention due to its potential financial implications and the prominent…

Brazil Poised to Update Antitrust Merger Reporting Thresholds
 |  Jan 30, 2025

Brazil’s Ministry of Finance and Ministry of Justice and Public Security are expected to announce an update to the revenue thresholds that determine whether companies must notify the Administrative Council for Economic Defense (CADE) of mergers and acquisitions. According to a statement from sources familiar with the matter, the revision…

Uber and Lyft Face FTC Probe Over Alleged Collusion in NYC Pay Deal
 |  Jan 30, 2025

The U.S. Federal Trade Commission (FTC) has launched an investigation into whether Uber Technologies Inc. and Lyft Inc. illegally coordinated to limit driver pay in New York City, according to Bloomberg. The inquiry comes in response to an agreement the companies made with city officials in July 2024 regarding driver compensation. FTC…

Judge Certifies Class Action Suit Against Major Turkey Processors
 |  Jan 30, 2025

An Illinois federal judge has certified a class action lawsuit against some of the nation’s largest turkey processors, following allegations that they conspired to manipulate turkey prices. The lawsuit claims that these companies coordinated efforts to limit supply and artificially inflate prices in violation of federal antitrust laws. According to…

US Justice Department Moves to Block HPE’s $14 Billion Juniper Acquisition
 |  Jan 30, 2025

The U.S. Department of Justice (DOJ) has taken legal action to prevent Hewlett Packard Enterprise Co. (HPE) from proceeding with its $14 billion acquisition of Juniper Networks Inc., citing concerns over reduced competition in the enterprise wireless equipment market. According to Bloomberg, the DOJ filed a complaint on Thursday in a California…

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