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The Latest Breaking News from Lina Khan

He got Congress to care about antitrust again. Now time is running out, Rep. David Cicilline says

WASHINGTON — David Cicilline was late getting into antitrust, at least for him.

Tribune News Service

Musk faces FTC antitrust review on Twitter alongside stock probe

The U.S. Federal Trade Commission is reviewing Elon Musk’s $44 billion Twitter Inc. takeover, a person familiar with the deal said, setting up a deadline in the next month for the agency to decide whether to conduct an in-depth review of the transaction.

Tribune News Service

Stocks Move Lower, Fed Feels Pain, Elon Musk, eBay, Meta In Focus - 5 Things You Must Know

Stock futures retreat as post-Fed rate rally fizzles; Fed Chair Powell concedes inflation 'hardship' as rate hikes expected to slow growth; republican lawmaker wants FTC to preserve records linked to Musk and Twitter; eBay shares slump on muted outlook for online marketplace and Meta shares slide on reports its looking…

The Street

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He got Congress to care about antitrust again. Now time is running out, says David Cicilline - Roll Call

If Democrats lose control in the midterms, as most election handicappers expect, it could spell trouble for the push to rein in Big Tech.

Roll Call

Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company’s $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.

Tribune News Service

Activision Blizzard stockholders approve Microsoft buyout

Wall Street reportedly bets the deal will fail, though.

USA Today Sports Media Group

Exclusive: U.S. Chamber seeks to delay confirmation of FTC commissioner

The U.S. Chamber of Commerce wants nominee Alvaro Bedoya to answer more questions.

Axios

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U.S. antitrust enforcers won't challenge Amazon's MGM deal, dashing hopes of monopoly critics

A Democratic vacancy on the Federal Trade Commission leaves Chair Lina Khan without the votes she would need to sue to block the online giant's acquisition of the movie studio.

Politico

FTC’s top economist resigned amid dispute over pharma study

Marta Wosinska, the FTC’s Bureau of Economics director, resigned on Feb. 16, a day before the FTC planned to vote on a study into pharmacy benefit managers.

Politico

Will Microsoft's Activision Blizzard Acquisition Survive The Wrath Of Khan, As Antitrust Sentiment Becomes Bipartisan?

Star Trek: The Wrath Of Khan poster reimagined with incoming FTC Chairwoman Lina Khan as Khan and Google co-founder Larry Page and Amazon founder Jeff Bezos awaiting her wrath. Image via the Portfolio Armor art department. Muted Response To Microsoft's Activision Bid

Benzinga

TechScape: The US government may be one step closer to breaking up Meta

In this week’s newsletter: How a judge’s ruling could pave the way for a costly, lengthy legal battle over the future of Facebook, WhatsApp, and Instagram

The Guardian - UK

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People

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