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## Latest News
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Jan 23, 2025
An arbitrator has ruled that Prime Therapeutics, a pharmacy benefit manager (PBM) owned by Blue Cross Blue Shield state plans, violated federal and state antitrust laws. According to Fierce Healthcare, the ruling was issued on January 17, awarding the AIDS Healthcare Foundation (AHF) more than $10 million in damages along with…
#### More Top Stories
The European Commission (EC) is currently assessing the adequacy of EU rules on cryptocurrency to safeguard investor redemption rights, particularly for e-money tokens (EMTs) pegged to the value of a single official currency. According to Reuters, this investigation aims to clarify the protections offered under the recently implemented Markets in Crypto-Assets…
Legislation targeting the use of algorithmic rent-setting software was introduced in the Washington State Senate on Wednesday. Senate Bill 5469, sponsored by Sen. Jesse Salomon (D-Shoreline), seeks to prohibit landlords from employing software that collects and analyzes rental data from multiple sources to set prices, a practice that some argue…
Scott Sheffield, former CEO of Pioneer Natural Resources, has filed a lawsuit against the U.S. Federal Trade Commission (FTC), alleging that the agency acted unlawfully in preventing him from joining Exxon Mobil’s board of directors. The dispute stems from Exxon’s $59.5 billion acquisition of Pioneer in 2024, one of the…
In a temporary reprieve for Meta Platforms, India’s National Company Law Appellate Tribunal (NCLAT) has suspended a five-year ban on data sharing between WhatsApp and its parent company. The suspension, according to Reuters, offers relief to the U.S.-based tech giant, which had expressed concerns about the impact of the ban on…
Jan 22, 2025
A federal judge in New York has indicated that the Justice Department may need to revise its antitrust claims against Ticketmaster and its parent company, Live Nation Entertainment, in a case targeting the companies’ alleged monopoly in the live entertainment industry, per Courthouse News.  The case revolves around accusations that…
American Airlines and JetBlue Airways have reached an agreement to pay nearly $2 million in legal fees to a group of U.S. states following a court ruling against their now-defunct Northeast partnership. The payment, as reported by Reuters, will be evenly split between the two airlines and distributed among the District…
A federal judge in Florida has dismissed a proposed class action lawsuit alleging that some of the largest entities in the yacht brokerage industry conspired to inflate sales commissions, according to Reuters. The case, which sought to challenge the standard practices of yacht brokerages, was ruled insufficient to proceed due to a lack…
The UK’s Competition and Markets Authority (CMA) has announced Doug Gurr as its interim chairman, a move seen as a strategic effort to bolster the country’s pro-growth, pro-technology agenda. According to TechCrunch, Gurr, a former Amazon executive, brings significant industry experience to the role, aligning with the government’s ambitions to streamline regulations…
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Jan 23, 2025 by
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