Competition
FTC Warns ‘Junk Patents’ May Inflate Drug Costs like Ozempic
The Federal Trade Commission (FTC) has raised concerns over the potential inflation of drug prices, specifically highlighting the impact on medications like Novo...
Musk Denies Tesla Scrapping Cheap EV for Robotaxis
Elon Musk, the billionaire CEO of Tesla, has vehemently denied recent reports suggesting that Tesla is scrapping plans for its long-awaited, affordable electric...
FTC and States Sue to Block Kroger-Albertsons Merger
The Federal Trade Commission (FTC), joined by eight states and Washington, D.C., has taken legal action to challenge the proposed $24.6 billion acquisition...
Rivian Struggles Amid Tesla Model Y’s Price Pressure
Rivian, the Irvine, Calif.-based EV manufacturer, had a tough week, announcing that it expects to produce about 57,000 vehicles this year, the same...
Chinese EVs Threaten Legacy Automakers’ Future
Legacy automakers are facing a critical challenge as the market for electric vehicles (EVs) evolves. Recent events, such as Mercedes-Benz retracting its commitment...
NCAA Restricted from Enforcing NIL Rules, Judge Rules
A federal judge in Tennessee has issued a significant ruling against the NCAA, issuing a preliminary injunction that prevents the organization from enforcing...
Apple Clashes with Spotify Over Competition Concerns
Apple has responded strongly to Spotify’s criticism regarding competition, particularly in light of the impending implementation of the Digital Markets Act (DMA) in...
