BBVA’s hostile takeover bid for Sabadell has triggered a more in-depth review by Spain’s anti-trust regulator, the CNMC, which announced on Tuesday that the deal will require a phase 2 examination. This extended review process is expected to delay any final decision until well into 2025 and could lead to…

Herbert Smith Freehills (HSF) and Kramer Levin have revealed their plans to merge, forming a new global legal entity, Herbert Smith Freehills Kramer. This strategic move aims to create one of the world’s leading law firms, combining the strengths of both firms to provide exceptional services across complex transactions and…

Several major French newspapers, including Le Monde, Le Figaro, and Le Parisien, have announced they are taking legal action against the social media platform X, accusing the company of using their content without compensation. The move, reported on Tuesday, highlights growing tensions between news outlets and digital platforms over the use of journalistic…

As artificial intelligence (AI) continues to capture global attention, Elon Musk’s influence could play a pivotal role in shaping safety regulations for the technology, according to a prominent AI researcher. Max Tegmark, a professor at the Massachusetts Institute of Technology (MIT) and a leading figure in AI safety advocacy, believes…

The U.S. Justice Department, along with the attorneys general of Maryland, New Jersey, and New York, filed a lawsuit on Tuesday aimed at blocking UnitedHealth Group’s $3.3 billion acquisition of Amedisys. According to Reuters, the government officials raised concerns that the merger could reduce competition in the home health services market,…

The US Supreme Court on Tuesday declined to review a decision from the Fourth Circuit Court of Appeals that overturned the antitrust conviction of a former engineering firm executive accused of participating in a bid-rigging scheme. This ruling leaves in place the lower court’s decision, which cleared Brent Brewbaker, a…

South Korea’s ruling party unveiled new legislation on Monday aimed at bolstering the nation’s semiconductor industry, which plays a crucial role in its export-driven economy. The bill proposes subsidies for chipmakers and seeks an exemption from the national cap on working hours to help the sector navigate mounting risks linked…

In a significant round of promotions, Cleary Gottlieb Steen & Hamilton has elevated 26 lawyers to the rank of partner, including six specializing in antitrust, according to a statement from the firm. The new roles will take effect starting January 1, 2025, and come as the firm introduces a non-equity…