Posts Tagged ‘antitrust’
Anticipating Future Merger Crackdowns Based on the Tapestry Decision
By Natalia Baigorri This past year, the Biden Administration has pushed back against big business through FTC and DOJ action, including new merger guidelines and multiple lawsuits. This is a change from past FTC action of allowing mergers to proceed with structural remedies. Now, the FTC is prioritizing blocking potentially harmful mergers.[1] Recently, the FTC…
Read MoreMetaBirkin or MetaBroken? Luxury Meets the Law in the Metaverse
By: Olivia Kreegel These days, conversations about the metaverse and NFTs seem to dominate the landscape – and it’s not just the ‘finance bros’ leading the discussion. When luxury fashion house Hermès International stepped into the courtroom to ban a “MetaBirkin,” the imbalance between technological advancements and traditional legal frameworks became evident.[1] In December of…
Read MoreThe Google-Reddit AI Deal: Strategic Move or a Harbinger of Licensing Agreements to Come?
By: Connor Charney Google and Reddit recently finalized a licensing agreement (“the Agreement”) that will allow Google to train its Vertex AI on Reddit’s data.[1] The Agreement is allegedly valued at $60 million annually.[2] While the Agreement’s precise terms and value have not been made public, commentators are quick to label this as an example…
Read MorePrime Target: FTC Takes Aim at Amazon in Antitrust Claims
By: Caitlyn Lindstrom On September 26, 2023, the Federal Trade Commission. (“FTC”), along with seventeen states, filed suit against Amazon.com, Inc. (“Amazon”), claiming Amazon’s business practices violate Section 5(a) of the FTC Act, 15 U.S.C. § 45(a)[1] and Section 2 of the Sherman Act, 15, U.S.C. § 2[2], in addition to state competition and consumer…
Read More