France’s supermarket giant Carrefour has received approval from the country’s antitrust authority to acquire the French business of Belgian retailer Louis Delhaize. However, the clearance comes with a key condition: Carrefour must sell eight stores to competitors, according to Reuters. Per Reuters, Carrefour announced in a separate statement that it…

Several independent news organizations in Turkey are at risk of shutting down following significant losses in reader traffic due to recent changes in Google’s algorithm, according to Reuters. The affected media outlets have voiced their concerns, stating that modifications implemented by Google since late January have severely impacted their financial stability by…

The U.S. Federal Trade Commission (FTC) is pressing ahead with an antitrust investigation into Microsoft, a probe that was initially launched in the final days of the Biden administration, Bloomberg News reported on Wednesday, citing sources familiar with the matter. According to Bloomberg, FTC officials have recently been in discussions with various companies…

Boies Schiller Flexner (BSF) has expanded its California office by hiring Margaux Poueymirou as a partner in its San Francisco location. Poueymirou has experience in complex cases involving antitrust, intellectual property, and artificial intelligence (AI). Her work on the use of copyrighted materials to train generative AI models has given…

Economic consulting firm Compass Lexecon has announced that William Rogerson, the Charles E. and Emma H. Morrison Professor of Economics at Northwestern University, has joined the firm. According to a statement, Professor Rogerson is a distinguished expert in applied microeconomic theory, industrial organization, telecommunications, cost accounting, and defense procurement. Professor…

Britain’s Competition and Markets Authority (CMA) has initiated a consultation on the implementation of remedies to address competition concerns in mergers, reflecting a shift in its approach that aligns with the government’s broader strategy to stimulate economic growth. According to Reuters, the regulator’s review aims to refine how competition concerns…

A group of volunteer coaches has successfully advanced in their antitrust lawsuit against the National Collegiate Athletic Association (NCAA), as a judge ruled to certify the class of coaches. The lawsuit accuses the NCAA of conspiring with member schools to deprive these coaches of payment despite their significant contributions to…

UniCredit is moving closer to securing regulatory approvals necessary to convert its Commerzbank derivatives into shares, a process that requires authorization from both German and European authorities. According to Bloomberg, the European Central Bank (ECB) is expected to grant its approval by early next week, allowing the Italian bank to hold…