WASHINGTON (Reuters) -U.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers and acquisitions they object to, reaffirming the skepticism with which President Joe Biden's administration has approached many deals, especially in the technology sector. The U.S. Justice Department and Federal Trade Commission (FTC) have mounted an unprecedented number of legal challenges to mergers since Biden came to office in 2021. Their success in court has been mixed, with two losses recorded just last week in their attempts to scupper Microsoft Corp's $69 billion deal to buy video game maker Activision Blizzard Inc and to undo a merger in the sugar industry.
(Bloomberg) Meta Platforms Inc.’s Facebook lost its European Union court fight over a German antitrust order that homed in on the US tech firm’s power to cash-in on a vast trove of users’ data.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire Is Disinteg
driving youth engagement and advertising revenue from the lawsuit. these companies are already facing increased security knee from lawmakers, antitrust regulators and feds. facebook telling fox it has tools in place to protect its users saying we don t allow content that promotes suicide, self-harm or eating disorders. and we take action on they identify 99% of it before it is reported to us. we ll hear a lot more about social media later this week. the ceo of tiktok getting ready to come before a house committee on thursday. john: all right, social media on the hot seat again. mark meredith, thanks. gillian: today is national teenager day. we ll take a closer look into social media s influence in particular on the teen ongoing teen mental health crisis. let s bring in a doctor from children s hospital. dr. abraham, let s start with this. this was a quote from a doctor
The post fell vacant after Ashok Kumar Gupta demitted the chairman’s office on 25 October after completing his four-year term. CCI has to have a chairperson and not less than two and not more than six other members, as per the Competition Act