Serafina Smith

i write about antitrust @mergermarket. previously @mlexclusive

[Serafina Smith @serafinamsmith]

A federal jury today found that a conspiracy to rig foreign exchange rates did exist, but #creditsuisse did not participate. #antitrust #FX

[Maddie Hughes @ByMaddieHughes]

SCOOP: Everyone’s been talking about deleting your data from #23andMe since the #bankruptcy. But what made it go bankrupt? The regulatory fallout from its 2023 paired with increasing costs of doing business — including #privacylaws Read on @mlexclusive https://t.co/zOdF0xikwU

[Mike Swift @Swiftstories]

Welcome to #atspring ! To keep up with news breaking at @abaantitrust spring meeting - there should be a lot of it - follow the unrivaled @mlexclusive team, including @lewis_crofts @KhushitaVasant @BenBrodyDC @nicholashirst_ @serafinamsmith @ByMaddieHughes @antitrustorbust

[MLex @mlexclusive]

@KhushitaVasant and Chris May have been nominated by Antitrust Writing Awards 2024 for their deep dive into calls for regulation of the AI industry—with additional reporting by @serafinamsmith 👏

Check out the article now 👇 Voting open until 5 April!

https://t.co/QiD6uqp7Yp

[Serafina Smith @serafinamsmith]

Choice and Wyndham’s primary competition is not for rooms, but rather franchise agreements which supply individual owners with branding, reservation systems and more. The FTC also asked about room rates and data, among other things.

[Serafina Smith @serafinamsmith]

The FTC’s second request issued to Choice and Wyndham yesterday on Choice’s hostile takeover bid includes questions on franchise services in economy and midscale segments, per @BenBrodyDC and myself

[Samuel Rubenfeld is in the New York NewsGuild 🔥 @srubenfeld]

The @TheJusticeDept is continuing its push urging companies to self-disclose wrongdoing by offering a safe harbor in the merger and acquisition process.

My analysis with @serafinamsmith:

[Khushita Vasant @KhushitaVasant]

New twist in the #USvGoogle trial exhibit saga. The public/press won when judge Amit Mehta allowed the posting of exhibits shown in open court, but if there's a government shut down on Sunday, DOJ won't post those anymore because IT and public affairs staff aren't "essential."😖

[MLex @mlexclusive]

A recent trend of merger-settlement talks after deals have been challenged in the US could lead to fewer transactions being abandoned after a block because of the prospect of a consent decree after litigation.

Read @FlaviaFortes10 and @serafinamsmith's comment ⬇️⬇️

[Josh Sisco @joshua_sisco]

Qualcomm is under antitrust scrutiny at the FTC for its purchase of Autotalks, a maker chips used in self driving cars. h/t @BenBrodyDC and @serafinamsmith for beating me to it

[Khushita Vasant @KhushitaVasant]

. @FTC & @JusticeATR’s proposed new merger guidelines outlines 13 principles enforcers will consider when reviewing deals, including priorities that haven't previously been identified as areas of focus. The 51-page draft is informed by progressive theories of harm. #mergers

[Maddie Hughes @ByMaddieHughes]

Currently in the East Room where President Biden says during talks with the UK Prime Minister are talking about some sort of watermarks to identify #AI materials

[Ben Brody @BenBrodyDC]

I'm really excited to tell you all that I started as a senior M&A reporter @mlexclusive this week! I've had a blast the last few years digging into tech monopoly world. Now I'm going to be getting my hands dirty with deals, and with lots of other sectors in addition to tech...

[Serafina Smith @serafinamsmith]

The @FTC challenge to the ICE, Black Knight merger will be the first administrative trial to precede a federal PI in decades, and the first test of SCOTUS’ recent Axon decision. Definitely one to watch! #antitrust

[Serafina Smith @serafinamsmith]

@ByMaddieHughes @mlexguild @WBNG32035 @GilletteStadium 💖💖💖

[Khushita Vasant @KhushitaVasant]

DOJ "convincingly established" that American Airlines-JetBlue's JV "immediately and substantially upsets the competitive balance in a highly concentrated industry" not only on a single overlap route or handful of origins/destinations but throughout northeast & beyond, judge says.

[Serafina Smith @serafinamsmith]

Judge Sorokin’s decision in the Northeast Alliance is finally here and he has blocked the partnership. Excited to dive into what this means for future airline mergers and ventures next week #antitrust

[Serafina Smith @serafinamsmith]

@ByMaddieHughes one day I'll figure it out 😅

[Maddie Hughes @ByMaddieHughes]

This is the BIGGEST proposal for prohibiting monetization from data collection — this is geared towards money Meta makes from children’s information.

[Khushita Vasant @KhushitaVasant]

BIG: DOJ loses another labor #antitrust case after a Connecticut judge grants defendants' motion for acquittal. DOJ was prosecuting six aerospace industry executives for allegedly wage-fixing and entering into no-poach agreements. Defense hadn't even begun presenting their case.

[Maddie Hughes @ByMaddieHughes]

Next week NYC is considering facial recognition laws that would rein in the public use of the technologies by private businesses. This follows the controversy earlier this year at Madison Square Garden. Here’s a look at the proposed laws with @Siliconlaw https://t.co/NbJigmV0WX