Competition

Statement Regarding the Termination of Qualcomm’s Proposed Acquisition of Autotalks

Retrieved on: 
Tuesday, April 2, 2024

Federal Trade Commission Bureau of Competition Director Henry Liu issued the following statement in response to Qualcomm Inc.’s decision to abandon its proposed acquisition of Autotalks Ltd.:

Key Points: 
  • Federal Trade Commission Bureau of Competition Director Henry Liu issued the following statement in response to Qualcomm Inc.’s decision to abandon its proposed acquisition of Autotalks Ltd.:
    “The termination of this proposed transaction will preserve vigorous innovation and price competition in the market for vehicle-to-everything (V2X) chipsets and related products used in automotive safety systems.
  • This is a win for car buyers seeking quality, affordable cars with V2X communication capabilities that promise to make driving easier and safer.
  • Based on its probe into this proposed merger, FTC staff was concerned that the deal might harm competition in markets for V2X chipsets and related products.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

FTC Challenges Kroger’s Acquisition of Albertsons

Retrieved on: 
Tuesday, April 2, 2024

For thousands of grocery store workers, Kroger’s proposed acquisition of Albertsons would immediately erase aggressive competition for workers, threatening the ability of employees to secure higher wages, better benefits, and improved working conditions.

Key Points: 
  • For thousands of grocery store workers, Kroger’s proposed acquisition of Albertsons would immediately erase aggressive competition for workers, threatening the ability of employees to secure higher wages, better benefits, and improved working conditions.
  • “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years.
  • Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today,” said Henry Liu, Director of the FTC’s Bureau of Competition.
  • A bipartisan group of nine attorneys general is joining the FTC’s federal court complaint.
  • Albertsons also operates thousands of stores across 35 states under regional names including Albertsons, Haggen, Jewel-Osco, Pavilions, Safeway, and Vons.
  • Harm to Consumers In addition to raising grocery prices, the FTC alleges that Kroger’s acquisition of Albertsons would also diminish their incentive to compete on quality.

Statement Regarding the Termination of Choice Hotel’s Proposed Takeover of Wyndham Hotels & Resorts

Retrieved on: 
Tuesday, April 2, 2024

The Federal Trade Commission has learned that Choice Hotels International has abandoned its proposed acquisition of Wyndham Hotels & Resorts and withdrawn its nominations to replace Wyndham’s Board of Directors.

Key Points: 
  • The Federal Trade Commission has learned that Choice Hotels International has abandoned its proposed acquisition of Wyndham Hotels & Resorts and withdrawn its nominations to replace Wyndham’s Board of Directors.
  • In response, FTC Bureau of Competition Director Henry Liu issued the following statement:
    “I am pleased that Choice Hotels International has abandoned its efforts to seize control of its rival Wyndham Hotels & Resorts.
  • The FTC was closely scrutinizing Choice’s tender offer as well as its efforts to replace the Wyndham Board of Directors with its own hand-picked slate of nominees.
  • Each of these actions posed serious competition questions and their abandonment is a win for consumers.

Statement Regarding the Termination of Qualcomm’s Proposed Acquisition of Autotalks

Retrieved on: 
Tuesday, April 2, 2024

Federal Trade Commission Bureau of Competition Director Henry Liu issued the following statement in response to Qualcomm Inc.’s decision to abandon its proposed acquisition of Autotalks Ltd.:

Key Points: 
  • Federal Trade Commission Bureau of Competition Director Henry Liu issued the following statement in response to Qualcomm Inc.’s decision to abandon its proposed acquisition of Autotalks Ltd.:
    “The termination of this proposed transaction will preserve vigorous innovation and price competition in the market for vehicle-to-everything (V2X) chipsets and related products used in automotive safety systems.
  • This is a win for car buyers seeking quality, affordable cars with V2X communication capabilities that promise to make driving easier and safer.
  • Based on its probe into this proposed merger, FTC staff was concerned that the deal might harm competition in markets for V2X chipsets and related products.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

WhiteBIT Supports the Ukrainian National Football Team in the Advent of a Highly Anticipated Match

Retrieved on: 
Friday, March 8, 2024

Vilnius, Lithuania, March 08, 2024 (GLOBE NEWSWIRE) -- The highly anticipated match of the Ukrainian National Football Team is scheduled for March 26 in Wroclaw, Poland, against the winner of the Israel-Iceland match.

Key Points: 
  • Vilnius, Lithuania, March 08, 2024 (GLOBE NEWSWIRE) -- The highly anticipated match of the Ukrainian National Football Team is scheduled for March 26 in Wroclaw, Poland, against the winner of the Israel-Iceland match.
  • As part of the support campaign, WhiteBIT is launching a large-scale trading competition offering diverse pairs.
  • This marks the first time in the exchange's history that participants can select from such a wide variety, including BTC/USDT, ETH/USDT, WBT/USDT, and many others.
  • The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT.

Norton Rose Fulbright welcomes back Neely Agin as US Head of Antitrust

Retrieved on: 
Tuesday, March 5, 2024

Washington, DC, March 05, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright announced today that Neely Agin has rejoined the firm as its US Head of Antitrust.

Key Points: 
  • Washington, DC, March 05, 2024 (GLOBE NEWSWIRE) -- Global law firm Norton Rose Fulbright announced today that Neely Agin has rejoined the firm as its US Head of Antitrust.
  • Agin focuses on antitrust and competition matters, guiding companies through merger review and clearance processes and other antitrust investigations by the US Department of Justice (DOJ) and Federal Trade Commission (FTC).
  • Jeff Cody, Norton Rose Fulbright’s US Managing Partner, said:
    “Neely is a leader with an impressive track record of advising clients on complex antitrust matters.
  • Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions.

WhiteBIT Supports the Ukrainian National Football Team in the Advent of a Highly Anticipated Match

Retrieved on: 
Tuesday, March 5, 2024

Vilnius, Lithuania , March 05, 2024 (GLOBE NEWSWIRE) -- The highly anticipated match of the Ukrainian National Football Team is scheduled for March 26 in Wroclaw, Poland, against the winner of the Israel-Iceland match.

Key Points: 
  • Vilnius, Lithuania , March 05, 2024 (GLOBE NEWSWIRE) -- The highly anticipated match of the Ukrainian National Football Team is scheduled for March 26 in Wroclaw, Poland, against the winner of the Israel-Iceland match.
  • As part of the support campaign, WhiteBIT is launching a large-scale trading competition offering diverse pairs.
  • This marks the first time in the exchange's history that participants can select from such a wide variety, including BTC/USDT, ETH/USDT, WBT/USDT, and many others.
  • The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT.

Golioth Launches Industry-Leading Free Device Management for IoT Developers, Revolutionizing Project Scalability and Security

Retrieved on: 
Tuesday, March 5, 2024

Addressing the IoT industry’s growing need for robust and scalable IoT solutions, Golioth's new offering removes the previous cap on device management, which was limited to 50 devices.

Key Points: 
  • Addressing the IoT industry’s growing need for robust and scalable IoT solutions, Golioth's new offering removes the previous cap on device management, which was limited to 50 devices.
  • The change empowers IoT developers to manage larger scale projects with access to crucial features such as Over-the-Air (OTA) software updates, comprehensive device logs, remote procedure calls, and real-time settings management – without any device count restrictions.
  • Jonathan Beri, CEO of Golioth, stated, “In an era where IoT security is paramount, offering OTA capabilities from the start is essential for maintaining device integrity and data security.
  • As building IoT is complex, Golioth has been partnering with industry product design firms to help businesses prototype and pilot their IoT with Golioth.

U.S. Rep. Dina Titus Honored with Leadership Award by Competitive Markets Groups

Retrieved on: 
Thursday, February 22, 2024

LAS VEGAS, NV, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Organization for Competitive Markets (OCM) and Competitive Markets Action (CMA), recently announced the recipients of their 2023 Congressional Awards and honored U.S. Rep. Dina Titus, D-NV, with their Leadership Award for her work to reform the U.S. Dept.

Key Points: 
  • LAS VEGAS, NV, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Organization for Competitive Markets (OCM) and Competitive Markets Action (CMA), recently announced the recipients of their 2023 Congressional Awards and honored U.S. Rep. Dina Titus, D-NV, with their Leadership Award for her work to reform the U.S. Dept.
  • Titus has worked in bipartisan fashion alongside former Rep. Dave Bratt, R-VA, Rep. Nancy Mace, R-SC, and Sens.
  • “I’m proud to receive the Competitive Markets Leadership Award for my work to improve federal oversight of the agriculture industry,” said Rep. Dina Titus, D-NV.
  • The foundation of the Organization for Competitive Markets is to fight for competitive markets in agriculture for farmers, ranchers and rural communities.

Global Market for Biochar 2024-2034: Granular 10-year Demand Forecasts for Biochar Segmented by 30+ End-user Applications Across Agriculture, Wastewater Treatment, Construction and Filtration - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The porous carbon-rich material generated, resembling charcoal, can then be incorporated into soil as a means of long-term carbon sequestration.

Key Points: 
  • The porous carbon-rich material generated, resembling charcoal, can then be incorporated into soil as a means of long-term carbon sequestration.
  • Unlike normal charcoal that readily decomposes, biochar can persist in soil for hundreds to thousands of years.
  • This makes it a uniquely stable conduit for capturing carbon dioxide emitted from biomass that would otherwise return back to the atmosphere.
  • The Global Market for Biochar 2024-2034 provides an in-depth analysis on the global biochar industry across feedstocks, production technologies, applications, demand trends and leading companies.