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Compass Lexecon is broadening its antitrust and economic consulting bench with the addition of two prominent academics, London Business School marketing professor Anja Lambrecht and University of Chicago Booth School of Business economist Matthew Notowidigdo, as affiliates. The expansion comes as antitrust disputes and regulatory investigations become increasingly centered on digital platforms,...

Japan’s Fair Trade Commission (FTC) on Tuesday carried out on-site inspections as part of an investigation into suspected bid-rigging tied to construction work for the planned extension of the Hokkaido Shinkansen line, according to informed sources. The inspections reportedly involved nine construction-related companies as well as the government-affiliated Japan Railway Construction,...

Takeda said it plans to appeal after a federal jury in Boston found the Japanese drugmaker liable in a closely watched antitrust lawsuit tied to delays in the release of a generic version of its constipation drug Amitiza. The verdict, delivered Monday in U.S. District Court in Boston following a month-long trial,...

Sen. Adam Schiff (D-CA) has introduced legislation that would require large electricity users such as AI data centers to pay the full cost of power grid upgrades needed to support their operations, marking one of the most aggressive federal responses yet to growing public concerns over the impact of the AI infrastructure...

Federal regulators and prosecutors are scrambling to adapt insider-trading enforcement tools to the rapid growth of prediction markets, where traders are increasingly wagering on political events, military operations and government decisions that may be influenced by confidential information held by insiders in Washington. According to a Wall Street Journal report,...

U.S. utility giants NextEra Energy and Dominion Energy unveiled plans Monday to merge in a massive $66.8 billion all-stock transaction, creating one of the world’s largest electric utilities as surging artificial intelligence demand reshapes the power industry. The proposed deal, one of the largest energy mergers in U.S. history, would establish a combined company...

A U.S. jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding that the artificial intelligence company was not liable for claims that it had abandoned its founding mission of developing AI for the benefit of humanity, according to Reuters. The unanimous verdict was delivered in federal court...

With beef prices continuing to climb across the United States, Texas Attorney General Ken Paxton has opened an antitrust investigation into the country’s dominant meatpacking companies, raising questions about whether market concentration is contributing to higher grocery bills and lower returns for cattle producers. Paxton announced the investigation on May...