China fines Trip.com $765 million in antitrust case
Why it matters: The penalty targets practices regulators said blocked hotels from listing freely on rival platforms and setting their own prices.
Subject
#Antitrust
Paramount delays Warner deal to June 2027 as states press suit
What's new: The delay could add about $1.7 billion in quarterly fees, and Paramount still faces a $7 billion breakup penalty if the merger collapses.
Judge halts $110 billion Paramount-Warner Bros. deal for 14 days
What's next: A lawsuit by 12 states will test whether the merger would illegally cut competition in film, cable and streaming.
The New York Times, NPR
Paramount targets Sept. close for WBD deal as states seek halt
What's next: A court fight over a temporary restraining order could delay the merger and trigger a $650 million quarterly ticking fee after Sept. 30.
12 states sue to block Paramount’s $31-a-share bid for WBD
Why it matters: The case targets a deal that would unite CBS, HBO Max, CNN, MTV and BET under one company.
The New York Times, Bloomberg +3
China moves to curb delivery price wars, orders Lalamove changes
What's new: Draft rules would bar platforms from pushing subsidy costs onto merchants and drivers; comments run through July 17.
DOJ backs $111 billion Paramount Skydance-WBD media merger
What's next: The approval follows an eight-month antitrust review that found the tie-up was unlikely to hurt competition or consumers.
EU orders Meta to reopen WhatsApp to rival AI bots within 5 days
Why it matters: Brussels can fine Meta up to 10% of annual turnover if it defies the interim antitrust order.