Joe Biden’s antitrust halt of PGA-LIV merger is just par for the course
For those who love professional golf and want to see the best players play against each other every week, you better hope Donald Trump becomes the next president. It’s not just because the former president loves golf. That’s because the type of regulatory structure he would put in place if elected is a free-market type […]
Tennessee, Virginia AGs file antitrust lawsuit against NCAA due to NIL-recruiting rules
The attorneys general of Tennessee and Virginia filed an antitrust lawsuit against the NCAA on Wednesday, challenging the ban on name, image, and likeness (NIL) compensation in college athlete recruiting. The lawsuit, filed in the Eastern District of Tennessee, was in response to an NCAA investigation into the University of Tennessee for possible recruiting violations […]
Live Nation doubled lobbying spending to $2.4M in 2023 amid antitrust threat
Live Nation Entertainment will reduce its federal lobbying spending from $1.1 million in 2022 to $2.4 million in 2023 as it navigates legislative and regulatory efforts to fragment its power in the live entertainment and ticketing industry. It more than doubled to $1 million. The lobbying onslaught comes on the heels of Ticketmaster’s infamous Taylor […]
Apple could face antitrust lawsuit from DOJ as early as March
Apple is expected to face an antitrust lawsuit as early as March, with the Justice Department preparing to argue that the tech giant uses anticompetitive practices to protect its iPhone dominance. There is. The Justice Department aims to file the case during the first quarter ending March 31, three months earlier than previously expected, a […]
FTC nominee Melissa Holyoak traded chummy emails with Google-backed firm that ‘advocates abolishing antitrust rules’
Emails obtained by the Post reveal close ties between Federal Trade Commission candidate Melissa Holyoke and former colleagues at a Google-funded think tank, including one who said the FTC should be “burned down.'' One person also wrote, “It's a waste.'' Holyoake, Utah's Republican attorney general, previously served as an attorney for the Competitive Enterprise Association […]
Apple off to worst-ever start in 2024 as iPhone, antitrust worries erase $177B in value
Apple stock has suffered its worst start to the year on record as investors worry about a series of problems plaguing the tech giant, including signs of weak iPhone demand and increased federal antitrust oversight. It becomes. The Cupertino, California-based company's valuation has plummeted by $177 billion in market capitalization since the start of 2024 […]
DOJ close to filing massive antitrust suit against Apple: report
The Justice Department is reportedly in the “final stages” of a major antitrust case against Apple, the latest sign of growing regulatory pressure that is reeling the iPhone maker. The Department of Justice could file a lawsuit against Apple within the first six months of this year. The New York Times reported Friday, citing people […]