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Big tech companies focus on profits over consumers. @ghoshd7 shared his views on competition and big tech during a webinar. Read the full transcript from the event here: library.thecapitolforum.com/…
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Thoughts from @ghoshd7 on the Big Tech Congressional antitrust hearing. The transcript from the webinar is available in full: library.thecapitolforum.com/…
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Khan Outlines FTC Support for Employees to Report Harassment Following Allegations Against Wright thecapitolforum.com/khan-out…
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Zynex: Company Under Investigation by Several Large Insurers; FBI Has Spoken with Fraud Investigator, Former Employee $ZYXI
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300+ posts later, we’re wrapping up today’s coverage from the @BruxConf2024! Thanks for following along and joining us. It was a great event, made that much better by all attendees, in-person and remote!
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Microsoft Cloud Rivals Meet With Vestager to Discuss EU Antitrust Complaint $MSFT
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Kalshi: Cracks in Legal Theory Beginning to Emerge After Early Court Victory
Recent rulings in Massachusetts and Nevada challenge the company’s claim that its sports betting contracts fall solely under federal CFTC jurisdiction.
Our deep dive into the case:
library.thecapitolforum.com/…
h/t @kimgeiger
$DKNG $FLUT $GENI $HOOD $SRAD
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Tapestry/Capri: Former DOJ Chief Antitrust Economist Testifies That FTC Definition of 'Accessible Luxury' Handbag Market is Flawed and Excludes as Much as $25 Billion in Sales $CPRI $TPR library.thecapitolforum.com/…
h/t @HanqingC & @jbliss1987
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Big day ahead at the @PressClubDC, and we’re kicking off the panels with @jbliss1987, @barryclynn, @Caffar3Cristina, and @johnmarknewman.
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Walgreens, CVS Health Step Up Buyout Offers During Pandemic: The Nos. 1 and 2 drugstore chains in the US are accelerating efforts during the coronavirus outbreak to buy out rival independent pharmacies upended by the economic turmoil the pandemic has caused, the pharmacists said.
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(1/2) Financials Friday: Trump Team Plans Fannie/Freddie Privatizing Push in First Months of Administration; Elizabeth Warren Becomes Ranking Dem on Senate Banking Committee...
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đź’Š The U.S. pays more for drugs because pharma companies abuse the patent system to block generics.
@IMAKglobal's report shows:
đź”’ 150+ patents on Ozempic
đź’° Over $50B in delayed competition
📉 Generics enter years earlier in Europe
📢Watch & share: thecapitolforum.com/resource…
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Vance's Letter to FTC on HSR Form Review Suggests Interest in All-of-Government Approach to Competition, Even as Friends in Silicon Valley and the Republican Platform Call for Return to Laissez-faire Approach $GOOG $GOOGL
h/t @papscun
library.thecapitolforum.com/…
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(1/2) The European Antitrust Agenda: UK Court Pauses Director Disqualification; Florian Ederer Among Potential Candidates for EC Chief Competition Economist…
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Oak Street Health: Company Discourages Staff from Enrolling End Stage Renal Disease Patients; Practice Could Violate Medicare Antidiscrimination Laws, According to CMS $OSH
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Are you following the closing arguments for #USvGoogle, the biggest monopoly trial of the century?
Visit our website to access transcripts of the latest proceedings to conclude this landmark case.
Read more here: thecapitolforum.com/google_a…
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“Live Nation made the Mafia look like saints.”
Concert promoter Tommy Dorfman tells us about threats, blacklists & kickbacks in his 15-year lawsuit with Live Nation.
🎟️ $1,000 tickets? This is why.
📺 Watch the full Capitol Forum interview: thecapitolforum.com/resource…
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🎙️New podcast episode out today!
In it, @jason_kint, CEO of @DCNorg, offers his analysis of the recently concluded Google trial proceedings.
Hear the full discussion between Jason and show host @TeddyDowney: thecapitolforum.com/resource…
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Are you following the most important tech monopoly trial of the century #USvGoogle? Visit our website to find transcripts of the proceedings.
thecapitolforum.com/google_a…
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We’re excited to spotlight @HanqingC, a senior Antitrust and M&A correspondent!
Among her many contributions to The Capitol Forum is her recent Tapestry/Capri reporting, which was instrumental to our subscribers.
Read more about our talented team: thecapitolforum.com/team/
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.@ghoshd7 on the Big Tech Congressional antitrust hearing. Read the full transcript here: library.thecapitolforum.com/…
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Globe Life: Unfair Labor Practice Charge Filed Against Subsidiary American Income Life; Worker Alleges AIL Forced Ineffectual Union Membership on Independent Contractors $GL
h/t @kimgeiger, @KristaKBrown, & @papscun
library.thecapitolforum.com/…
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In another of our joint investigative articles with @propublica, we describe how one health plan worked around Michigan law to deny cancer treatment that could have saved a man’s life.
thecapitolforum.com/insuranc…
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We’re excited to welcome back Nate Soderstrom as Senior Editor & General Counsel. At the FTC, he led merger reviews across pharma, tech & more—helping shape federal enforcement. His return adds key legal insight to our antitrust reporting.
📣 Read more: thecapitolforum.com/in-the-n…
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🎥During the ABA Spring Meeting yesterday, we had a great time speaking with antitrust thought leaders for our interview series.
In the next few weeks, we’ll share the full videos from our day of filming - stay tuned!
For now, here's a BTS look at a few moments from the day.
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Zynex: Company Engaged in Campaign of Harassment, Surveillance of Capitol Forum Journalists to Impede Coverage $ZYXI library.thecapitolforum.com/…
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LifeStance Health has, in at least some clinics, installed gatekeepers who demand patients pay whatever the company’s error-ridden billing system shows as outstanding—even if it’s wrong—as a precondition to seeing their therapist.
Read our investigation: thecapitolforum.com/lifestan…
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Breaking News: The DOJ has launched a Section 2 monopolization investigation of the managed-care industry. The Capitol Forum predicted earlier this year that a Section 2 case in the industry was likely imminent. thecapitolforum.com/managed-…
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Mehta's Google Decision Boosts Prospects for DOJ Win on Market Definition in U.S. v. Apple $AAPL $GOOG $GOOGL library.thecapitolforum.com/…
h/t @sloan_sacha
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🎙️New podcast episode out today, featuring @hvogell of @propublica. She talked with us about her recent article, “Rent Going Up? One Company’s Algorithm Could Be Why.”
Show available here and on major streaming platforms: thecapitolforum.com/resource…
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Ten years after the FTC lost its case against the Steris/Synergy merger, former FTC economist @jeremysandford revisits the deal & argues the agency was right all along. Retrospective evidence, he says, shows lost competition & rising margins.
🎧Full convo: thecapitolforum.com/resource…
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Tapestry/Capri: FTC Leaning Toward Suit, Focusing on Handbag Makers' Close Competition $CPRI $TPR
h/t @HanqingC & @jbliss1987
library.thecapitolforum.com/…
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Join us this Thursday as Kevin Erickson, Director of @future_of_music, talks with @TeddyDowney about the DOJ and State AGs’ monopolization investigations into Live Nation and how anticompetitive conduct in the industry hurts musicians and fans.
RSVP: attendee.gotowebinar.com/reg…
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Hims & Hers Health: FTC Has Open Investigation into Company $ADBE $HIMS $NVO
library.thecapitolforum.com/…
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Thanks to @HalSinger @haroldfeld @SethBloomDC @GusHurwitz and others for joining us yesterday for some great panel discussions on the upcoming DOJ v. AT&T trial, and thanks to @AUWCL for hosting. A full transcript of the days' events can be found here: bit.ly/2pjCAZ3
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Congratulations to all of the 2024 Loeb Award winners, including our own @PatrickMRucker ! #loebawards
.@uclaanderson Presents The 2024 Loeb Award For The Personal Finance & Consumer Reporting Category To:
“UNCOVERED”
FROM: @propublica & @Capitol_Forum
#LoebAwards
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Read our latest reporting on Teva and how the ripple effects of this case might already be playing out across the pharmaceutical industry: thecapitolforum.com/teva-inh…
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BrightSpring Health: Former Employees and State Inspectors Say That Chronic Understaffing of Group Homes is Endangering Health and Safety of Both Residents and Employees $BTSG library.thecapitolforum.com/…
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Xponential Fitness: SEC Asking Questions About Fitness Franchisor $XPOF
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For the third consecutive year, @washingtonian named @TeddyDowney one of DC’s 500 Most Influential People in Shaping Policy.
Congrats to everyone on this year's list! washingtonian.com/2024/05/02…
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Express Scripts Is Gouging Medicare and Seniors on Generic HIV Prevention Drug
h/t @dorajfacundo & @AliceTrace67285
library.thecapitolforum.com/…
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“JetBlue/Spirit: Carrier Could Increase Passenger Capacity After Deal Closes, Defense Says” $JBLU $SAVE $ULCC h/t @HanqingC & @jbliss1987
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Capitol Forum Scoop: JP Morgan blamed faulty software for a glitch that affected approximately 1,000 mortgages. Several government agencies are investigating including HUD, CFPB and Comptroller of the Currency. library.thecapitolforum.com/…
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Exciting news: We welcomed @siri_notsiri to our team of antitrust reporters earlier this month!
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đź“Ł Next Thursday, join antitrust experts @billbaer50, @jason_kint, @Caffar3Cristina and more at our upcoming Google AdTech Trial Conference at The National Press Club!
Reserve your space for September 5th here: eventbrite.com/e/antitrust-t…
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New week, new podcast! 🎙️Hear from @MatthewJSBuck about his latest article, “How America’s Supply Chains Got Railroaded,” for @TheProspect. Show here: open.spotify.com/episode/6M5…
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Evolv Technology: FTC Investigating Company $EVLV
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Heard about Upstream, our database of Appalachian oil and natural gas producers? This report highlights some of the power of this tool, which shows real-time production, well reporting, and operator ownership data of +915,000 wells in KY, NY, OH, PA, TN, VA, and WV.
BREAKING: As the number of low-producing “stripper” wells in the Ohio River Valley continues to grow, states could be left with the bill for plugging, cleanup and restoration. #StayinAlive ohiorivervalleyinstitute.org…
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Want to get to know Jonathan Kanter, the newly nominated Assistant Attorney General for the Antitrust Division at the Department of Justice? Check out his interview with our executive editor @TeddyDowney from a few years ago: thecapitolforum.com/portfoli…
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Interested in @Capitol_Forum subscription information? Click here: thecapitolforum.com/inquire/
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From Silicon Valley to slaughterhouses, antitrust has expanded its reach. Former DOJ officials Doha Mekki and Jonathan Kanter explain how the 2008 recession, wage-fixing, and no-poach agreements challenged old orthodoxies—and reshaped merger analysis. piped.video/sGnvTLKYbQQpiped.video…
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UnitedHealth/Amedisys: DOJ Strongly Considers Suit, Deposing Merging Parties' Executives While Engaging in Divestiture Talks $AMED $UNH
h/t @saniya_rao & @jbliss1987
library.thecapitolforum.com/…
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Join us this Friday for our energy conference call. @TeddyDowney and @sherwood_energy will discuss the most pertinent issues impacting energy markets and policy this week.
Sign up to register and read more about the topics here: register.gotowebinar.com/reg…
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Our latest: Facebook Nears Settlement with DOJ Over Discrimination in Advertising $FB
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Jamie Gorelick's Role on Boards of Amazon and Verisign a Potential Section 8 Issue, Experts Say $AMZN $VRSN
h/t @TShields3
library.thecapitolforum.com/…
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The FTC today announced a $48 million settlement with #InvitationHomes $INVH to resolve allegations of practices we've reported and followed since 2017.
ftc.gov/news-events/news/pre…
Single-Family Rental Landlords Including #InvitationHomes $INVH Keep Tenant Security Deposits, Pad Move-Out Statements, Turn Former Tenants’ Accounts Over to Debt Collectors - @Cap_Forum (2018) thecapitolforum.com/single-f…
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Tapestry/Capri: EC Notification of Transaction to Occur Within Next Few Weeks $CPRI $TPR
h/t @CC_Antitrust & @vesela_g
library.thecapitolforum.com/…
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Customers Bancorp: Risk Factors for Bank Now at Center of Crypto Universe Mirror Issues With Banks That Collapsed Last Year $BMTX $CUBI
h/t @kimgeiger
library.thecapitolforum.com/…
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Metropolis Technologies/SP Plus: DOJ Set to Allow Parking Merger to Close $FUN $SIX $SP $UNH
h/t @HanqingC & @saniya_rao
library.thecapitolforum.com/…
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"ExxonMobil/Pioneer: Contractor Deaths in One Texas County Could Highlight Labor Issues for FTC" $CVX $HES $PXD $XOM
h/t @papscun, @jbliss1987, @jaarbutus, & @SharonKellyEsq
library.thecapitolforum.com/…
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"Campbell/Sovos: Acquirer's Clout at Food Stores Likely to Trigger Second Request, Lawyers Say" $CPB $SOVO $WMT $KHC h/t @jbliss1987 & @LydsONeal
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Globe Life: Former AIL Agents Dodge Arbitration in Harassment and Discrimination Lawsuit, NJ Court Rules $GL
h/t @papscun
library.thecapitolforum.com/…
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🎉 We are very happy to welcome Javier Espinoza to our team. As our European Executive Editor, he’ll oversee the expansion of The Capitol Forum’s European bureau.
Read more: thecapitolforum.com/in-the-n…
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Our latest on TransDigm: New OIG Report Likely to Be Released Next Week $TDG
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