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Transactional
State AGs May Still Challenge Paramount-Warner Deal After DOJ Clearance
State attorneys general may still challenge Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery even after the U.S. Justice Department cleared the deal. The DOJ’s Antitrust Division closed its investigation on June 12, finding that the transaction is not likely to harm competition or consumers in streaming video, linear television, or theatrical film development, production, and distribution...
Litigation
Federal Judge Grants Preliminary Approval to $38 Billion Visa and Mastercard...
Visa and Mastercard received preliminary approval from a federal judge for a revised $38 billion antitrust settlement with merchants over excessive credit card processing fees. The deal covers more than 12 million merchants and nears the resolution of litigation that began in 2005 over alleged interchange fee price-fixing. According to Quartz, District Judge Brian M. Cogan advanced the agreement after a different judge rejected a previous $30 billion proposal in June 2024 for failing to lower fees sufficiently...
Policy
Securities and Exchange Commission Proposes Rescinding Key Regulation NMS Rules
The Securities and Exchange Commission has proposed amendments that would rescind two Regulation NMS rules governing U.S. equity markets. The proposal would eliminate Rule 611, which contains the trade-through prohibition for national market system stocks, and Rule 610(e), which restricts locking and crossing quotations...
Features
Waymo Turns Old Robotaxi Batteries Into Solar Energy Storage
Waymo is giving old robotaxi batteries a second life on the electric grid. The self-driving car company is partnering with B2U Storage Solutions to repurpose thousands of retired EV batteries into large-scale energy storage systems for solar power. Waymo’s autonomous ride-hail vehicles wear through batteries faster than personal electric vehicles because they spend far more time on the road...




























