The government looks set to secure its first successful criminal prosecution of a labor-side antitrust violation, after a health care staffing company said it plans to plead guilty to charges over an alleged scheme to suppress the wages of nurses working in Las Vegas schools.
A.P. Moller-Maersk on Thursday abandoned the planned sale of its refrigerated container manufacturing business to China International Marine Containers Ltd., a deal worth around $1 billion, after U.S. enforcers flagged antitrust concerns about the move.
A.P. Moller-Maersk on Thursday abandoned the planned sale of its refrigerated container manufacturing business to China International Marine Containers Ltd., a deal worth around $1 billion, after U.S. enforcers flagged antitrust concerns about the move.
The U.S. Department of Justice is requesting time during oral arguments at the D.C. Circuit to support a contingent of state-level enforcers accusing Facebook's parent company, Meta Platforms Inc., of monopolizing personal social networking services through acquisitions and developer restrictions on its platform.
Attorneys for Penguin Random House and Simon & Schuster told a D.C. federal court on Friday that the government failed to prove their planned $2.18 billion merger would reduce author pay, arguing that a deal should not be blocked based on a vague notion of softened competition.