US bid to kill American-JetBlue partnership goes to judge

Airline lawyers and the Justice Department delivered starkly contrasting views of an alliance between American Airlines and JetBlue during closing arguments Friday in a case that will test the Biden administration’s aggressive enforcement of antitrust laws. The partnership lets American and JetBlue coordinate schedules and share revenue on many routes to and from New York…

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Analysis-U.S. Midterms Dampen Big Pharma Hopes For Drug Price Policy Change

Analysis-U.S. Midterms Dampen Big Pharma Hopes For Drug Price Policy Change

By Ahmed Aboulenein WASHINGTON (Reuters) – The divided U.S. Congress after the November midterm elections undermines pharmaceutical companies who want to weaken a new law that allows the government to negotiate drug prices, Republican strategists, policy experts and pharmaceutical executives say. Democratic President Joe Biden’s signature Inflation Reduction Act, which Democrats passed in August against…

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Foundations call for cooperation, some new pledges at COP27

As communities around the globe press their case at the COP27 conference in Egypt that climate damage is forcing migration and causing suffering as never before, philanthropic foundations pooled their resources to donate more than $2 billion to support climate adaptation projects. Overall, though the amount of charitable funding directed toward climate related projects remains…

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Italy Court Rejects Google's Appeal Against Watchdog Fine, Accepts Apple's One

Italy Court Rejects Google’s Appeal Against Watchdog Fine, Accepts Apple’s One

MILAN (Reuters) – An Italian administrative court on Friday rejected an appeal by Alphabet’s Google against a decision by Italy’s antitrust authority to fine the group, but accepted iPhone maker Apple’s appeal against the watchdog’s ruling. Last year, Italy’s antitrust regulator fined Google and Apple 10 million euros ($10.36 million) each, claiming that the two…

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