Search Results for: merger

“Defectors often cause more difficulty than disinterested disbelievers” – Neal Ash Maxwell, American scholar, educator, and religious leader. Recent events in the Indian state of Maharashtra reaffirm the existence of glaring loopholes in a law aimed at bolstering political stability in India. The recent fall of the democratically elected government led by the state’s former [...]

The US Chamber of Commerce has filed a lawsuit against the Federal Trade Commission (FTC) claiming that the FTC has taken “unlawful and self-aggrandizing actions,” including counting votes from departed commissioners and coordinating with foreign governments, and unlawfully withholding internal records of these actions from the public. The US Chamber, a business lobbying group, made [...]

Twitter sued billionaire and CEO of Tesla Motors Elon Musk Tuesday in an effort to force him to complete his US$44 billion acquisition of the social media company. In April Twitter’s board of directors accepted Musk’s offer to purchase the social media platform for $44 billion, at $54.20 a share. Lawyers for Twitter filed a lawsuit in [...]

Law students and lawyers in Afghanistan are filing reports with JURIST on the situation there after the Taliban takeover. Here, a Staff Correspondent for JURIST in Kabul reports on the merger of the Afghanistan Independent Bar Association into the Taliban Ministry of Justice. For privacy and security reasons, we are withholding our Correspondent’s name. The [...]

The Digital Market Act (DMA) is a legislative proposal initiated in the European Union (EU) that aims to create a level playing field among various small and large entities in the EU digital economy. It was introduced on December 15, 2020 by the European Commission to ensure fair and contestable Digital Markets. The proposal cleared [...]

The Federal Trade Commission and the Justice Department’s Antitrust Division Tuesday announced that they’ve initiated a joint public inquiry to curb illegal mergers. According to the regulators, competition has reduced in numerous industries across the economy as they are becoming more concentrated, putting consumers, workers, entrepreneurs, and small businesses at risk of losing choice and economic gains. [...]

The European Commission stopped Hyundai Heavy Industries Holdings from acquiring Daewoo Shipbuilding and Marine Engineering Thursday in a bid to prevent the creation of an anti-competitive market. The Commission found that merging the two companies, both based in South Korea, “would have created a dominant position by the newly merged company and reduced competition in [...]

On Sunday, a group of young Afghan lawyers gathered in a Kabul hotel to hold a press conference about the importance of an independent legal profession and respect for the rule of law in Afghanistan. As they prepared to go live, their plans were thwarted by two carloads of armed Taliban. This was the latest [...]

Reliable sources in Afghanistan told JURIST Sunday that the Taliban Ministry of Justice has summoned the lawyers who organized a press conference earlier in the day to protest the recent Taliban takeover of the Afghanistan Independent Bar Association (AIBA) and the removal of lawyer licensing authority from the AIBA to the Ministry of Justice. The [...]

The US Federal Trade Commission Thursday sued to block Nvidia Corp’s $40 billion acquisition of Arm from SoftBank on antitrust grounds. The FTC said the proposed vertical deal would give one of the largest chip companies control over computing technology and designs that competitors rely on to develop their own competing chips. Arm is a [...]