New York Times:
California’s AG files an antitrust lawsuit against Amazon, focusing on the company allegedly penalizing sellers who list products at lower prices on other sites — Rob Bonta, California’s attorney general, said the retailer punishes companies that offer lower prices on other websites.
Cat Zakrzewski / Washington Post:
Florida’s attorney general asks the US Supreme Court whether the First Amendment prohibits states from regulating how social media companies moderate content — The state attorney general filed a petition to the Court on Wednesday, after two lower courts split on decisions about social media laws
Financial Times:
Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets in recent months, down from $100B+ in April 2022 — Fast-fashion retailer popular with Gen-Z shoppers has been valued at $65bn-$85bn in private markets — Chinese fast-fashion retailer Shein …
Sam Schechner / Wall Street Journal:
Amazon agrees to settle two EU antitrust cases related to third-party sellers on its platform, won’t pay a fine, and will adhere to commitments for seven years — Amazon.com Inc. has agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers …
Reuters:
The Mexican attorney general’s office says it is investigating a ~$23M purchase of Pegasus by the prior administration and whether the NSO sold it legally — The Mexican attorney general’s office said on Sunday it is investigating the purchase of Pegasus computer spyware by the previous administration …
William Turton / Bloomberg:
The US DOJ says it has started seizing 48 websites and charged 6 people for allegedly running “booter” DDoS-for-hire services used to launch millions of attacks — The US seized dozens of internet domains and charged six people in a sting intended to bring down a network …
Sarah Perez / TechCrunch:
The Epic Games-Apple antitrust battle resumes in appeals court; the US DOJ and state of California have been granted time to explain antitrust legal frameworks — Apple’s antitrust battle against Fortnite maker Epic Games is returning to the courtroom after both sides appealed last year’s ruling …
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