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The Latest Breaking News from Mergers

In 6 years, I&B nod to 237 new channels, 28 channels transferred after mergers: Thakur in LS

The government has granted permission to 237 new TV channels over the last six years and to five TV channels in the financial year 2023-24. Due to mergers of companies, permission for 28 TV channels has been transferred over the last six years.

Newslaundry

New Study Reveals Large Firms' Role in Innovation

Megafirms create new technologies too!

Reason

New Federal Merger Guidelines Hint: Maybe Just Don't Merge Anything at All

Plus: Authors demand compensation from A.I. systems, IRS whistleblowers speak out about Hunter Biden investigation, and more...

Reason

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Biden versus fees: ‘Folks are tired of being played for suckers’ - Roll Call

Actions aimed at corporate mergers, apartment fees and the food industry are the latest Biden administration efforts to bolster consumers.

Roll Call

Justice Department, FTC Propose Tough New Merger Guidelines

Regulators would look hard for instances of companies’ potential to buy up to monopoly

Multichannel News

Biden's White House is taking on corporate mergers, landlord junk fees and food prices

The Biden administration is proposing new guidelines for corporate mergers, taking steps to disclose the junk fees charged by landlords and launching a crackdown on price-gouging in the food industry

The Independent UK

Gravitational wave lab LIGO roars back online to detect the oldest black hole collisions ever seen

LIGO has been upgraded to observe gigantic black hole mergers 5 billion light-years away.

LiveScience

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A more aggressive FTC is starting to target drug mergers and industry middlemen

Under the leadership of an aggressive opponent of anti-competitive business practices, the Federal Trade Commission is moving against drug companies and industry middlemen as part of the Biden administration’s push for lower drug prices at the pharmacy counter.

Tribune News Service

American Airlines and JetBlue must end partnership in the northeast U.S., judge rules

The ruling is a major victory for the Biden administration, which has used aggressive enforcement of antitrust laws to fight against mergers and other arrangements between large corporations.

WEKU

Violent origins of gravitational waves probed by new telescope array

The new BlackGEM array will hunt for black hole mergers and neutron star collisions, cataclysmic events that generate ripples in space-time known as gravitational waves.

Space

UK MPs question why the CMA blocked Microsoft's $68.7B Activision Blizzard deal, CMA says it won't be 'turning a blind eye to anti-competitive mergers'

"It would constrain how the market would evolve going forward."

PC Gamer

Financial clout in the superannuation sector is changing

The superannuation world is splitting in two with big industry super funds increasingly dominating in terms of asset base

The New Daily

Healthcare Consolidation: 3 Stocks That Saw Mergers and Acquisitions

The healthcare industry is expected to see increased M&A activity this year, fueled by ample cash reserves and private equity dry powder. Investors could take advantage of this trend by investing in fundamentally sound healthcare stocks UnitedHealth (UNH), Elevance Health (ELV), and CVS Health (CVS). Continue reading….

StockNews.com

Forced council mergers back on the agenda in Tasmania — but some ratepayers remember voting no not so long ago

John Cleary, who took a policy of forced council amalgamations to the 1998 Tasmanian election and received fierce local outcry, urges the Liberal Party to push ahead and help local government enter "the 21st century".

ABC News

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ABC News

Local government report recommends mandated council mergers in Tasmania

A report on the future of Tasmania's 29 councils says amalgamation is necessary for local government to survive but it needs to be mandated.

The Guardian - AU

ACCC rejects claims gas price cap and safeguard mechanism harming new investment

Chair Gina Cass-Gottlieb says it’s not ‘accurate’ to claim the government’s policies were making Australia uncompetitive

The New Daily

ACCC boss ramps up pressure on anti-competitive mergers

The consumer watchdog says it needs bolstered powers to stop takeovers that allow firms to dominate markets with scant competition.

Space

2 merging supermassive black holes spotted at 'cosmic noon' in early universe

Two battling quasars powered by supermassive black holes are lighting the center of merging galaxies seen during "cosmic noon" in the early universe.

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Bangkok Post

SE Asia telecom mergers revolutionise industry: Indosat’s success story

The telecom industry in Southeast Asia is experiencing a dynamic transformation following the merger of the region’s leading telecom operators. This consolidation is designed to improve the competitiveness and capabilities of the telecom operators by leveraging their resources to gain efficiency while building customer value.

Fortune

Former FTC chair urges agency not to tarnish a bipartisan legacy from Reagan to Obama: ‘We can’t ignore the last 40 years of antitrust based on protecting consumers’

Fromer FTC chair and law professor Timothy J. Muris critiques the FTC's new enforcement approach for breaking with precedent.

Evening Standard

UK merger activity off to slowest start in a decade

The value of mergers and acquisitions with UK involvement fell by 60%

Bangkok Post

PTT seeks partners for future energy deals

National oil and gas conglomerate PTT Plc is negotiating with more than five companies to form joint ventures, mergers or acquire assets under a plan to further develop new businesses, notably those related to future energy.

Wales Online

The big changes facing four Cardiff schools as mergers and site swaps proposed

Some schools could see places cut while others may more than double in size

Space

Mysterious radio signal reveals intricate core of distant galaxy cluster

Astronomers have discovered several fascinating features in galaxy cluster Abell 1213 such as a central galaxy with a 1.66 million light-year-long radio "tail" and remains of galactic mergers.

The Conversation

JetBlue merger with Spirit not cleared for takeoff – why Justice Department is suing to scupper deal

The U.S. Department of Justice has intervened to block a proposed deal that would see carrier JetBlue buy budget service Spirit Airlines.

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