In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
ruling
SK Innovation did not violate LG Energy Solution battery related patents: U.S. International Trade Commission
In a significant development for South Korea’s SK Innovation Co Ltd, the U.S. International Trade Commission (ITC) has ruled that the South Korean battery company did not violate LG Energy Solution’s battery-related patents. The initial determination by the ITC marks… Read More ›
Group of 90 investors seek $1.2 billion in damages from Vivendi
On Tuesday, a group of investors are set to ask a French court to back its $1.2 billion (1 billion euros) claim in damages from Vivendi, alleging that the media giant made false financial statements during a merger deal twenty… Read More ›
British Supreme Court to rule on Uber’s drivers rights today
On Friday, Britain’s Supreme Court is set to give its verdict over workers’ rights at Uber in what could be a potentially landmark judgment with major ramifications for millions of people in the gig economy. In 2016, in a lawsuit… Read More ›
South Korean antitrust regulator KFTC lowers decade old fine on Qualcomm to $200 million
The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
Volkswagen wins appeal against plaintiff over diesel car affected by emission cheating scandal
It is very likely that the plaintiff, supported by Germany vocal consumer body MyRight, will appeal the verdict in Germany’s highest court – the BGH. A ruling by the BGH will be binding on the rest of the cases under… Read More ›
Britain’s competition authority likely to rule on Sainsbury’s-Asda $66 billion merger in early March
With Britain’s Competition and Markets Authority taking on a more active interventional approach in its latest ruling, the Sainsbury’s-Asda deal, which could create Britain’s biggest retailer, faces headwinds from multiple angles. Although Mike Coupe, Asda’s CEO was taped on camera… Read More ›
European Court of Justice annuls European Commission’s 2013 decision to block UPS acquisition of TNT
Following the ruling, UPS said it is seeking $1.99 billion (1.74 billion euros) in damages. In a development that potentially opens up the possibility of potential litigation against the European Commission, on Wednesday, the European Court of Justice annulled a… Read More ›
California court rules Nufarm’s glyphosate-based herbicide caused cancer
Given the widespread usage of glyphosate in agriculture, no wonder investors are jittery. Although Bayer-owned Monsanto has stood by its stance that its herbicide is safe for human use, in practice taken steps to reduce concentration levels of the chemical… Read More ›
U.S. Supreme Court legalizes sports bettings
The market for legal sports betting could range between $1.2 billion and $57.6 billion of total wagers, with proceeds for gaming operators between $62 million and $2.9 billion. With the U.S. Supreme Court paving the way for U.S. states to… Read More ›