Bloomberg Law “A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation. US District Judge Margo Brodie in Brooklyn, New York said at a hearing Thursday Read more…
Bloomberg Law The US is opening antitrust investigations into two of the world’s most valuable companies, Microsoft Corp. and Nvidia Corp., over their dominance of the rapidly emerging field of artificial intelligence, according to people familiar with the matter. Microsoft has poured more than $13 billion into its partnership with Read more…
Bloomberg Law National banks will have to contend with more litigation to assess whether state consumer protection laws apply to them after a US Supreme Court unanimous decision on Thursday. The high court’s ruling in Cantero v. Bank of America NA reignites a fight over bank regulation that dates back Read more…
Bloomberg Law “Kroger Co. and Albertsons Cos. defeated the Federal Trade Commission’s efforts to force the supermarket giants to produce documents on their plans to divest stores as part of their $25 billion tie-up. The FTC’s request for negotiation materials was “premature,” Chief Administrative Law Judge Michael Chappell said in Read more…
Bloomberg Law “A pension fund and an AMC Entertainment Holdings Inc. investor defended on Wednesday a settlement they negotiated with the cinema chain so it could proceed with a stock conversion opposed by its meme stock base. One of those retail traders, Rose Izzo, is asking the Delaware Supreme Court Read more…
Bloomberg Law “A new federal rule that bans the use of worker noncompete agreements in health care has focused attention on the nonprofit health sector, and its near-blanket exemption from the terms of the new regulation. The Federal Trade Commission will determine just how many of the nation’s roughly 3,000 Read more…
Bloomberg Law A company specializing in providing businesses with diversity, equity, and inclusion consulting is suing a rival for allegedly infringing its trademark in connection with providing “nearly identical services.” Catalyst Inc., a global advisory and research not-for-profit organization focused on diversity, equity, and inclusion consulting, alleges Empathy Catalyst Consulting, Read more…
ABA Journal In 2013, the small Oregon city of Grants Pass debated how to deal with what public officials and others perceived to be a sharp increase in vagrancy and homelessness. The community of more than 38,000 in southern Oregon had an unhoused population of at least 600 people who Read more…
ABA Journal Existing methods of accessing knowledge will coexist with generative As generative artificial intelligence stormed the scene over the past year with its snazzy Q&A interface, it was fair to ask whether existing ways of accessing knowledge, such as keyword search or templates, would become redundant. After all, why Read more…
ABA Journal Inmates in New York are suing to be allowed to see the solar eclipse New York inmates are suing the state over its plan to lockdown prisons during next week’s solar eclipse, alleging that in barring them from viewing the rare phenomenon, the corrections department is stripping them Read more…