Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
The FTC sued to stop Microsoft from acquiring Activision in December 2022, but lost.
DOJ sued Google in January 2023, and won their trial last month.
The FTC and DOJ started rulemaking on new merger disclosure and review requirements in June 2023.
The FTC sued Amazon in September 2023.
DOJ sued Ticketmaster/Live Nation in May 2024.
The last two years have shown aggressive antitrust enforcement for the first time in about 50 years, when Robert Bork basically convinced the Supreme Court and all Republicans to impose almost impossible standards for antitrust regulations.
This stuff takes a while to get going.
The FTC sued to stop Microsoft from acquiring Activision in December 2022, but lost.
DOJ sued Google in January 2023, and won their trial last month.
The FTC and DOJ started rulemaking on new merger disclosure and review requirements in June 2023.
The FTC sued Amazon in September 2023.
DOJ sued Ticketmaster/Live Nation in May 2024.
The last two years have shown aggressive antitrust enforcement for the first time in about 50 years, when Robert Bork basically convinced the Supreme Court and all Republicans to impose almost impossible standards for antitrust regulations.