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UK Antitrust Regulator to Overhaul Merger Assessment Process
The UK's Competition and Markets Authority (CMA) has announced plans to revamp its merger assessment regime following criticism over its handling of the Microsoft-Activision Blizzard deal. The CMA, which gained more authority after Britain's exit from the EU, will implement changes to improve interaction with involved parties and allow remedies to be proposed earlier in the process...
Litigation
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Kroger Faces Class-Action Lawsuit Over Alleged Health Data Sharing with Meta
Kroger, the supermarket giant, is entangled in a federal class-action lawsuit accusing the company of sharing confidential health details of pharmacy customers with Meta, Facebook's parent company, without their consent. The suit, filed on November 13, alleges that Kroger willfully installed tracking code provided by Meta on its web servers, surreptitiously transmitting private information to third parties, including Meta, for marketing purposes...
Policy
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Crypto Wars Continue: SEC Files Lawsuit Against Kraken
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Kraken, the San Francisco-based cryptocurrency exchange, accusing it of operating as an unregistered broker, clearing agency, and dealer. This legal action follows similar actions taken by the SEC against other major cryptocurrency exchanges, including Coinbase and Binance...
Features
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Sony Faces $7.9 Billion Lawsuit in UK Over PlayStation Store Practices
Sony Interactive Entertainment (SIE) is confronting a $7.9 billion lawsuit in the United Kingdom over its PlayStation Store practices. The case, representing nearly 9 million people in the UK who purchased digital games or add-on content through Sony's platform, was initiated last year...