Jury Finds Realtors Liable for Inflating Commissions, Awards $1.78B Damages November 2, 2023 A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s...
Insurers Latest Target of U.S. AGs ESG Antitrust Concerns May 22, 2023 By Denise Johnson Insurers and reinsurers who are members of the Net-Zero Insurance Alliance (NZIA), received a letter from 23 attorneys general raising...
Meta Battles FTC Over Future of Virtual Reality December 9, 2022 By Katie Paul and Diane Bartz The Biden administration on Thursday accused Meta Platforms Inc. of trying to buy its way to dominance in the metaverse,...
Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators November 29, 2022 By Diane Bartz Top executives at Kroger Co. and Albertsons Companies Inc. are expected to face tough questions on Tuesday from lawmakers who...
FTC Aims to Clamp Down on Companies Engaged in Unfair Competition November 10, 2022 By Leah Nylen The US Federal Trade Commission plans to make wider use of its 1914 founding statute to police anticompetitive behavior by...
DOJ Antitrust Losses in Court Are Seen as Setback for Biden’s Merger Crackdown October 26, 2022 By Leah Nylen In the span of just a month, federal judges rejected the US Justice Department’s attempts to block three mergers in...
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws January 19, 2022 By Alastair Marsh A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities...
Italy Probes Alleged Cartel Among Auto Insurers, Including Allianz Direct, Zurich May 21, 2021 MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies...
Key Lawmaker Eyes Ban on Mergers to Protect Small Firms During Coronavirus Crisis April 23, 2020 The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next...
South Dakota Firm Barred From Insurance Price-Negotiating April 11, 2013 A company run by a South Dakota state lawmaker that negotiates contracts between chiropractors and insurance companies has agreed to...