Dave Michaels

1 week ago | fnlondon.com | Katherine Blunt |Dave Michaels

TechnologyGoogle’s Future Awaits Judge’s RulingLawyers to make closing arguments Friday in antitrust case set to play outsize role in future of AI Published May 30, 2025 at 5:30 AM ET U.S. District Judge Amit Mehta holds in his hands the fate of Google’s massive search-engine business, which last year he ruled was an illegal monopoly. But OpenAI and other competitors might be fracturing that business faster than any judge could.

2 weeks ago | wsj.com | Dave Michaels

Justice Department and FTC for the first time raise concerns about how institutional investors wield ownership of shares in rival companiesWASHINGTON—U.S. antitrust enforcers for the first time are preparing to argue that large institutional investors who own shares in rival companies may violate antitrust laws if they use their influence to affect how those firms compete. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.

2 weeks ago | wsj.com | Dave Michaels

Common ownership is a burgeoning worry for antitrust enforcers and other competition hawks. It has grown more salient as fund managers such as BlackRock amassed trillions of dollars of assets from retirement savers and pension funds. Progressives have raised more alarms about common ownership, but Republicans have now adopted the cause as part of their attack on environmental, social and corporate-governance investing.

3 weeks ago | wsj.com | Dave Michaels |Andrew Tangel

WASHINGTON—Boeing won’t be prosecuted over violating an earlier criminal settlement under a tentative deal with the Justice Department that would allow America’s biggest exporter to avoid being labeled a felon, according to people familiar with the matter. The aerospace company would receive a nonprosecution agreement instead of having to plead guilty, which it had agreed to do toward the end of the Biden administration, the people said.

3 weeks ago | wsj.com | Dave Michaels |Andrew Tangel

The case stems from Boeing’s admission that former employees deceived air-safety regulators before two deadly crashes of 737 MAX jets in 2018 and 2019. Boeing resolved the criminal investigation in January 2021 and was placed on a form of corporate probation. But prosecutors said last year that Boeing violated that settlement, which had required it to improve its antifraud compliance program.