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CFOs On the Move: Week Ending August 12
Axon, Sonos, New Relic, Revlon, Luckin Coffee, HYCU, Skillshare, Brinks, Performance Food Group, Jane, Kirkland’s
By
Lauren Muskett
| August 12, 2022
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Technology
Apple, Google Take Flak Over App Platforms
A witness at a Senate hearing compared the companies' control over their platforms to the "behavior of the robber barons."
By
Matthew Heller
| April 22, 2021
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Risk & Compliance
EU Charges Amazon With Antitrust Violations
Regulators say Amazon illegally uses nonpublic data that it collects from sellers on its retail platform to boost sales of its own-label products.
By
Matthew Heller
| November 10, 2020
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Technology
House Urges Reforms to Curb Big Tech Firms
Facebook, Google, Amazon and Apple "have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons."
By
Matthew Heller
| October 7, 2020
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Technology
EU Launches Probes of App Store, Apple Pay
The European Commission will look into the two Apple services to determine whether they stifle competition.
By
Matthew Heller
| June 16, 2020
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Risk & Compliance
Chicken Producer Execs Charged With Price Fixing
Four executives at Pilgrim's Pride and Claxton Poultry allegedly conspired to suppress competition by fixing the price of broiler chicken products.
By
Matthew Heller
| June 4, 2020
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Risk & Compliance
FTC Sues to Reverse Altria’s Investment in Juul
“Altria and Juul turned from competitors to collaborators by eliminating competition and sharing in Juul’s profits."
By
Matthew Heller
| April 2, 2020
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Risk & Compliance
Final Arguments Made Over T-Mobile, Sprint Deal
States opposing the merger call it "presumptively anticompetitive” but the companies say it will “create a new, world class network."
By
Matthew Heller
| January 16, 2020
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Risk & Compliance
Banks Settle Bond Price-Fixing Claims for $337M
“The brazen attitude exhibited by Wall Street traders toward public institutional buyers of GSE bonds was shocking,” the lead plaintiff says.
By
Matthew Heller
| December 17, 2019
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Strategy
DOJ Plans Heightened Scrutiny of Government Contractors
The new "Procurement Collusion Strike Force" aims to root out antitrust crimes like bid-rigging and price-fixing in the procurement of government contracts.
By
David McCann
| November 8, 2019
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Risk & Compliance
Regulators Double Down on Compliance Scrutiny
The government is strongly signaling that companies can no longer afford to have anything but effective, comprehensive compliance programs.
By
David McCann
| September 18, 2019
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Technology
NY to Lead Antitrust Investigation of Facebook
A coalition of states will probe Facebook's "dominance of [social networking] and the potential anticompetitive conduct stemming from that dominance.”
By
Matthew Heller
| September 6, 2019
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Risk Management
Antitrust Review: Navigating the Challenges of a ‘Second Request’
When an M&A transaction is flagged for a deeper regulatory review, the buyer and seller may be faced with significant challenges.
By
Vincent Ryan
| September 6, 2019
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Risk & Compliance
Third Point Fined Over Antitrust Violations
The activist fund allegedly failed to comply with premerger notification rules before acquiring stock in DowDuPont two years ago.
By
Matthew Heller
| August 29, 2019
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Regulation
U.S. Approves $26B T-Mobile-Sprint Merger
The deal is still being opposed by 14 states that claim it will harm "consumers, workers, and innovation."
By
Matthew Heller
| July 29, 2019
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Financial Performance
Alphabet’s Q2 Results Ease Growth Concerns
“We’re delivering strong growth," CFO Ruth Porat says after Google's parent reports a 19% increase in revenue to $38.9 billion.
By
Matthew Heller
| July 26, 2019
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