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Brazil’s antitrust regulator has launched a formal administrative proceeding to investigate alleged pricing coordination between two of the country’s largest airlines, signaling a deeper scrutiny of competition practices in the aviation sector. The probe, initiated by Administrative Council for Economic Defense (CADE), focuses on domestic routes operated by Gol Linhas Aéreas and LATAM Airlines Brazil. According to a...

Italy’s antitrust regulator said on Thursday it has wrapped up probes into three artificial intelligence companies that had been under scrutiny for possible unfair practices linked to generative AI tools. The authority, the Italian Competition Authority (AGCM), had been examining the conduct of DeepSeek, Mistral AI, and Scaleup Yazilim Hizmetleri Anonim Şirketi. The cases...

Federal prosecutors have secured unusual access to communications between KKR & Co. and its legal counsel as part of a criminal investigation into whether the firm withheld key information from antitrust regulators during deal reviews, according to Bloomberg. The development stems from a sealed ruling issued last year by U.S. District Judge James Boasberg in Washington, D.C.,...

A growing patchwork of local moratoriums across Michigan is emerging as one of the most granular expressions yet of resistance to the rapid expansion of data centers powering artificial intelligence, underscoring how the national debate over AI infrastructure is increasingly being decided at the township level. Nearly 1,500 square miles...

Union Pacific and Norfolk Southern on Thursday submitted a revised application to U.S. regulators, seeking approval for an $85 billion merger that would create the first coast-to-coast freight rail operator in the country, according to Reuters. The filing comes after an earlier proposal was rejected by the Surface Transportation Board, which...

Cryptocurrency ATMs have become a fixture of everyday American life, tucked into gas stations, convenience stores, and grocery aisles across the country. Now, state legislatures are moving aggressively to regulate them, and in at least one state, ban them outright. Lawmakers in nearly 30 states have introduced or passed legislation...

Italian pharmaceutical company Chiesi Farmaceutici SpA has agreed to acquire U.S.-listed KalVista Pharmaceuticals Inc. in a deal valued at approximately $1.9 billion, marking the largest acquisition in Chiesi’s history and signaling a strategic push into rare immunology treatments. The Parma-based firm will initiate a tender offer to purchase all outstanding shares of KalVista at...

France’s consumer protection authority has reported that a significant proportion of goods purchased from major international e-commerce platforms do not comply with European Union regulations, raising concerns about product safety and regulatory enforcement. The Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF) said on Wednesday that 75% of the more than 600...