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...Apple responded by saying that “the changes we’re sharing for apps in the European Union give developers choice — with new options to distribute iOS apps and process payments”....
...“Anytime you’re talking about large players like this merging, one has to not just look at competitive effects, one also has to look at the impact on financial stability.”...
...San Jose-based Broadcom has repeatedly declined to address whether its purchase of VMware would need the sign-off of antitrust authorities in China....
...We’re about to start that transition in a big way [in AI]....
...There is an enormous fight going on in the litigation over market definition. Who belongs in the social media product market? For example, under the FTC’s allegations, Twitter/X is not in the market....
...Khan is among a new generation of progressive officials who have adopted more stringent antitrust policies in an effort to fight what they argue has been unchecked anti-competitive conduct....
...He says the litigation is, on a risk scale of 1-10, an eight, whereas other tech litigation in recent decades was a two or three....
...This new generation of “trust busters” lament excessively lax antitrust policy in recent decades that they say has harmed competition across the US economy....
...He personally quashed a deal between chip titans Qualcomm and Broadcom over nebulous national security concerns....
...Obviously, this flavour of defence is par for the course in antitrust, but we were curious whether Crevoiserat has been serving a similarly smol bean line to investors....
...The first trial in the English courts stemming from a wave of class action antitrust lawsuits starts on Monday, as telecoms operator BT faces a £1.3bn claim that it overcharged about 3mn landline customers...
...After the two companies settled their litigation in 2019, Apple then purchased Intel’s 5G unit, for $1bn, to “expedite” its own competing technology with the hopes of displacing Qualcomm after 2023....
...The increasingly widespread use of connectivity patents has exposed massive strains in a process that has often been defined by vicious litigation between corporate giants....
...The iPhone 15 starts at Rbs95,990 ($1,071) from re:store, Apple’s former authorised reseller in Russia, as opposed to $799 in the US....
...The litigation “will cost millions”, he said, “but we’re not only committed to going all the way, we’re going all the way.”...
...Two-thirds of TPLF settlements for commercial litigation go to large rather than small companies, according to Swiss Re. But even funders working with big companies like to claim the moral high ground....
...Meanwhile, Apple and Qualcomm duked it out in court before reaching a giant settlement in 2019, and even then Apple tried again before being rebuffed by the US Supreme Court....
...of litigation....
...The settlement leaves Berkshire Hathaway’s HomeServices as the only large broker that has not yet come to a deal in the litigation....
...Hartley says: “In-house lawyers need to recalibrate their thinking on where that red line is so they know when to turn around to the person they’re advising and say, ‘No, we cannot do that’.”...
...customers, competitors and antitrust experts....
...Larry Kellner, chair of the company, will also not stand for re-election to the board. He will be replaced by former Qualcomm chief executive Steve Mollenkopf....
...“You ought to be very frightened if you’re a CEO,” reckons former Unilever chief executive Paul Polman, who has supported some climate litigation....
...Some are willing to prepare for long reviews as well as the possibility of litigation with the government in order to achieve their strategic goals.”...
...You would have been twice as wealthy today investing in the S&P 500 as investing in Qualcomm back at the start of 2000....
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