The Department of Justice (DOJ) has announced the sentences handed down to three former executives of Chicago-based health technology startup Outcome Health, who were convicted on fraud charges in April 2023. Rishi Shah, a co-founder and former CEO of Outcome, was sentenced to seven years and six...
Four more states have joined the Department of Justice’s civil antitrust lawsuit alleging that Apple monopolizes smartphone markets. The attorneys general of Indiana, Massachusetts, Nevada and Washington joined 15 other states, the District of Columbia and the DOJ as co-plaintiffs in the suit, the Justice...
The Justice Department and the Federal Trade Commission (FTC) are reportedly gearing up to unleash their antitrust hounds on Microsoft, OpenAI and Nvidia, according to a Wednesday (June 5) report from The New York Times. These tech behemoths have been driving artificial intelligence (AI) innovation, but...
This week in artificial intelligence (AI) news, regulation is ramping up as policymakers aim to ensure safe and responsible AI development. Meanwhile, tech giants like Intel, AMD, Microsoft, OpenAI, and Nvidia face increased scrutiny from the FTC and DOJ. AI Regulation Ramps Up As AI...
March 21, 2024
Among the allegations contained in the U.S. government’s antitrust suit against Apple — as the tech giant is accused of acting as an anti-competitive monopoly in the smartphone market: Apple, said the Department of Justice (DOJ), has “inhibited the creation” of cross-platform, third-party digital wallets, as it has prevented third-party apps from offering tap-to-pay functionality, […]
April 22, 2022
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are working on new horizontal merger guidelines, which may be ready by the end of the year, that could...
April 20, 2022
Mergers and acquisitions in the tech space have become a critical issue for regulators worldwide. Agencies probably feel that they have underenforced the law in the past. In an interview,...
April 18, 2022
The Department of Justice (DOJ) announced changes to its leniency program on April 4 that may translate into a tougher stance on enforcement. However, Heather Nyong’o, partner at Cleary Gottlieb...
July 11, 2024
The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok. The release of the transcript is meant to help the Justice Department defend a law that requires TikTok’s China-based owner, ByteDance, to sell the app’s U.S. operations, Reuters reported Thursday. The transcript […]
July 01, 2024
The Department of Justice (DOJ) has announced the sentences handed down to three former executives of Chicago-based health technology startup Outcome Health, who were convicted on fraud charges in April 2023....
June 11, 2024
Four more states have joined the Department of Justice’s civil antitrust lawsuit alleging that Apple monopolizes smartphone markets. The attorneys general of Indiana, Massachusetts, Nevada and Washington joined 15 other...
May 31, 2024
The U.S. Justice Department has intensified its scrutiny of content deals involving artificial intelligence (AI) companies such as OpenAI. Jonathan Kanter, the agency’s top antitrust official, has emphasized that entering...
