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Facebook Mergers

Mogin Law LLP

Big Tech’s Decade of A.I. Shopping

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Does anybody remember Napster? Launched in June 1999, the revolutionary peer-to-peer music sharing platform peaked at 80 million music lovers worldwide. It famously fell from greatness into bankruptcy three years later after...more

Goodwin

Antitrust and Competition Technology Year in Review 2024

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As we look back on 2024, one thing is clear: Antitrust enforcement in the technology sector continued at a steady pace, with global agencies showing no signs of relenting in their scrutiny of Big Tech companies....more

Rothwell, Figg, Ernst & Manbeck, P.C.

Gloves Are Off in the FTC's Dispute With Meta Over Privacy Practices

In this corner, the U.S. Federal Trade Commission (FTC): "Facebook has repeatedly violated its privacy promises,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “The company’s recklessness has...more

Goodwin

Antitrust & Competition Technology Quarterly Update - Q3 2022

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Two major technology companies, Meta and Microsoft, continue to defend their acquisitions against challenges from antitrust regulators. The FTC dropped one of the two claims underlying its challenge of Meta’s acquisition of...more

Robins Kaplan LLP

Texas Sues Meta Over Alleged Unauthorized Biometric Data Collection

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Texas AG Ken Paxton has sued Facebook parent Meta accusing it of violating “a state consumer protection law by repeatedly capturing and commercializing biometric data in photos and videos for more than a decade without the...more

Skadden, Arps, Slate, Meagher & Flom LLP

CMA Announces Fine for Breaching an Order To Hold Separate an Acquisition Target

The UK’s Competition and Markets Authority (CMA) fined Facebook £50.5 million for breaching an order to hold separate its acquisition target, Giphy, pending the CMA’s review of the merger....more

Wilson Sonsini Goodrich & Rosati

CMA Levies Record Fine on Facebook for Deliberate Breach of Hold-Separate Order in Probe of GIPHY Takeover

On October 20, the Competition and Markets Authority (CMA) fined Facebook, Inc. £50.5 million ($69.5 million) for breaching an Initial Enforcement Order (IEO) during the CMA's investigation into the social media giant's...more

McGuireWoods LLP

European Competition Law Newsletter – July 2021

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Check Merger Control Filing Obligations Worldwide: Austria Fines Facebook - The scope and complexity of merger control filing requirements worldwide continue to increase. It is essential to carry out a full review for any...more

Foster Garvey PC

Sports & Entertainment Spotlight - May 2021 #4

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Throughout the United States, people are eagerly preparing for this Memorial Day Weekend (MDW), which marks the unofficial start of summer (not to mention those who made the ultimate sacrifice for the country). If you listen...more

Sheppard Mullin Richter & Hampton LLP

Nota Bene Episode 89: European Q3 Check In - Merger Clearance and Data Protection Court Rulings and Brexit Updates with Oliver...

There is a lot currently happening in the European Union. From the latest European Court opinions with respect to merger clearance, dominance violations, data protection and state aid to Brexit, we’re checking in with our...more

Robins Kaplan LLP

Financial Daily Dose 1.27.2020 | Top Story: Apple Stock Has Surged Over 2019, Consumers Divided on Future

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Apple stock has surged over the past year, but consumers are divided over the stock price’s future. Apple’s software services and hardware products create an identity crisis that impacts the company’s future valuations....more

McDermott Will & Emery

Corporate Law & Governance Update - July 2019

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IMPACT OF EQUIFAX, FACEBOOK SETTLEMENTS - Health care industry boards should give close attention to the governance implications of recent privacy settlements entered into by Equifax and Facebook. Their unique facts...more

Kelley Drye & Warren LLP

Elizabeth Warren Wants to Break Up Big Data – Could She Do It?

Presidential Candidate Elizabeth Warren thinks Big Tech is too big and wants it—and, in particular, Amazon, Facebook and Google—broken up and their past mergers and acquisitions unwound. And the FTC recently announced it was...more

WilmerHale

German and Austrian Competition Authorities Publish Draft Guidelines on New Transaction Value Merger Control Thresholds

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In the wake of the Facebook/WhatsApp deal, Germany and Austria amended their respective competition laws in 2017 and supplemented the traditional turnover threshold test for pre-merger control notification with a...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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The White House has chosen Columbia University economist Richard Clarida as Fed Vice Chair—the number 2 spot at the central bank. Clarida is a “monetary policy scholar” and former Bush II administration Treasury official....more

K&L Gates LLP

Brussels Regulatory Brief: March 2018

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Antitrust and Competition - Another transaction in the technology sector referred to the European Commission for its review - The European Commission (“Commission”) is yet again set to review a transaction in the technology...more

WilmerHale

EU Merger Control 2017: Competition in Innovation; EC Prohibiting Deals; Fines for Procedural Infringements; and EU Courts...

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2017 saw some highly significant investigations and court judgments in European Union merger control. Notably: ..After detailed investigations and subject to extensive divestments, the European Commission (“EC”) cleared...more

McGuireWoods LLP

European Competition Law Newsletter – June 2017

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EU Regulators Open Pharma Pricing Investigations Focusing on Abuse of Dominance - The European Commission and UK Competition and Markets Authority (CMA) have both opened new investigations into alleged abuses of...more

Alston & Bird

Facebook Fined for WhatsApp Data Linking Fallout

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On 18 May 2017, the European Commission (“Commission”) fined Facebook €110 million ($122 million) for misrepresentations made in its application for competition clearance of the company’s acquisition of WhatsApp. In its...more

McGuireWoods LLP

Facebook Sentenced to a €110 Million Fine at the Intersection of Competition Law and Data Protection Law

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On May 18, 2017, the EU Commission sentenced Facebook to a “proportionate and deterrent” fine of €110 million for providing misleading information during the investigation of Facebook’s acquisition of WhatsApp. This decision...more

Hogan Lovells

EU Merger Control Procedural & Jurisdictional Aspects: Reply To The European Commission Consultation

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We welcome the opportunity to provide comments to the European Commission in its evaluation of procedural and jurisdictional aspects of EU merger control. A NEW JURISDICTIONAL THRESHOLD - We respond here to section...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Big Data an Ongoing Concern for EU Competition Law"

The question of how "big data" should be treated in merger control and antitrust enforcement was a key issue for the European Commission and national regulators in European Union member states in 2016, with competition...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 7.22.16

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EU financial watchdog ESMA has fined rating agency Fitch Ratings Ltd. $1.5 million for reportedly violating the EU’s rules for rating agencies relating to the 12-hour requirement, internal controls, and unauthorized...more

McGuireWoods LLP

The Intersection of Big Data and Antitrust Law - Finally a Case in the EU

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Only a few weeks ago, EU Competition Commissioner Vestager said in a speech, “We continue to look carefully at this issue, but we haven’t found a competition [antitrust] problem yet”. She was referring to antitrust issues...more

Davis Wright Tremaine LLP

Acquisitions Don't Nullify Prior Privacy Promises--FTC's Letter to Facebook & WhatsApp Gives Caution to All to Honor Privacy...

Social networking site Facebook announced in February its plans to acquire WhatsApp—a “rapidly growing cross-platform mobile messaging company”—for the princely sum of $19 billion. While Facebook and WhatsApp are looking...more

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