[ad_1] At issue in the FTC probe is whether the deal would help IQVIA, a $35 billion pharmaceutical data and analytics company, lock up the bulk of the market for digital advertising of pharmaceuticals aimed at doctors and patients, thereby harming rivals and potentially increasing costs for drugmakers, said threeContinue Reading
[ad_1] “It’s been a sea change in the regulatory environment over the past two and a half years since the Biden Administration took office,” Roger Altman, the senior chair of investment bank Evercore, and a former Deputy Treasury Secretary under President Bill Clinton, said last month on CNBC. Antitrust officialsContinue Reading
[ad_1] The investigation is in the early stages, said the people, who were granted anonymity to discuss a confidential matter. FTC investigations can stretch on for years and are often closed without the agency taking any action. Any case would have to be brought either in federal court or theContinue Reading
[ad_1] A spokesperson for Schumer declined to comment. Prior to his work for Warren, Turnage was an associate practicing antitrust law at Kirkland & Ellis. He was also in the 2017 Yale Law School graduating class alongside Federal Trade Commission Chair Lina Khan. At the center of the controversy lastContinue Reading
[ad_1] At a gathering for global antitrust thinkers and policymakers in Brussels last week, Wu spoke about — and directly to — a movement that has hit a high-water mark under Biden. Regulators have pushed hard against corporate growth with some major cases, including the Justice Department’s new lawsuit toContinue Reading
[ad_1] A lawsuit targeting Google Maps could be filed this year, three people with knowledge said. The investigation is ongoing, and no decision has been made on whether to file a case or on what to include in a complaint, those three people said. The timing of antitrust cases suchContinue Reading
[ad_1] Bloomberg earlier reported the outcome of Davila’s rulings. The case was the first to challenge a consumer tech deal from the FTC under Chair Lina Khan — the influential antitrust thinker whom Biden nominated to one of the most powerful corporate watchdog jobs in the federal government. The hearingContinue Reading