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Regulatory/Antitrust

Latest regulatory/antitrust news and updates

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Israel Looks to Rein In Deficit After Two Years of Costly War

Israel’s ruling coalition wants next year’s budget to take the country “from conflict to growth” and estimates the deficit will shrink now that a ceasefire with Hamas has been secured, Finance Minister Bezalel Smotrich said.

Israel’s ruling coalition wants next year’s budget to take the country “from conflict to growth” and estimates the deficit will shrink now that a ceasefire with Hamas has been secured, Finance Minister Bezalel Smotrich said.
Bloomberg Politics • Nov 4, 5:41 PM
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Trump Says US Won’t Provide SNAP Funding During Shutdown

President Donald Trump further muddied the fate of the Supplemental Nutrition Assistance Program with a social media post Tuesday suggesting he would not provide benefits until after the government reopened.

President Donald Trump further muddied the fate of the Supplemental Nutrition Assistance Program with a social media post Tuesday suggesting he would not provide benefits until after the government reopened.
Bloomberg Politics • Nov 4, 5:20 PM
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Trump Officials Accused of Disobeying Court in Food Aid Fight

Nonprofits and cities are asking a judge to compel the Trump administration to fully cover food aid benefits for low income households this month, after US officials announced they would make only 50% of the funds available.

Nonprofits and cities are asking a judge to compel the Trump administration to fully cover food aid benefits for low income households this month, after US officials announced they would make only 50% of the funds available.
Bloomberg Politics • Nov 4, 4:37 PM
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Dutch Parties to Begin Coalition Talks After Negotiator Pick

Rob Jetten, whose center-left Democrats 66 party won last week’s Dutch election, tapped Wouter Koolmees to begin preliminary talks to create a government coalition.

Rob Jetten, whose center-left Democrats 66 party won last week’s Dutch election, tapped Wouter Koolmees to begin preliminary talks to create a government coalition.
Bloomberg Politics • Nov 4, 3:45 PM
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US Space Force to Use Three Weapons To Jam Chinese Satellites Via Remote Control

The US military is close to fielding two new weapons designed to temporally jam Chinese and Russian intelligence, surveillance and reconnaissance satellites, giving the Pentagon three counter-space capabilities, according to new Space Force data.

The US military is close to fielding two new weapons designed to temporally jam Chinese and Russian intelligence, surveillance and reconnaissance satellites, giving the Pentagon three counter-space capabilities, according to new Space Force data.
Bloomberg Politics • Nov 4, 3:28 PM
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Bessent Suggests High-End Nvidia Chips Could Go to China One Day

Treasury Secretary Scott Bessent suggested that the US eventually could allow high-end computer chips made by Nvidia Corp.

Treasury Secretary Scott Bessent suggested that the US eventually could allow high-end computer chips made by Nvidia Corp. to be sold to Chinese companies as he teased additional meetings between President Donald Trump and the Chinese leader Xi Jinping next year.
Bloomberg Politics • Nov 4, 2:09 PM
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NJ Officials Respond to Bomb Threats as Voting Begins

New Jersey authorities responded to bomb threats at polling stations in seven counties, prompting temporary closures as voting began, according to state Attorney General Matthew Platkin.

New Jersey authorities responded to bomb threats at polling stations in seven counties, prompting temporary closures as voting began, according to state Attorney General Matthew Platkin.
Bloomberg Politics • Nov 4, 1:57 PM
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Shutdown Ties Record as Elections Create Possible Turning Point

The ongoing US government shutdown is now tied for the longest in history as the resolution of Tuesday’s high-profile elections in New York City and elsewhere stand to alter the political dynamics in Washington, and potentially remove one obstacle to ending the standoff.

The ongoing US government shutdown is now tied for the longest in history as the resolution of Tuesday’s high-profile elections in New York City and elsewhere stand to alter the political dynamics in Washington, and potentially remove one obstacle to ending the standoff.
Bloomberg Politics • Nov 4, 1:00 PM
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Rheinmetall Advances East Europe Expansion With Lithuania Plant

Rheinmetall AG moved ahead with plans for a Lithuanian ammunition plant, marking the biggest defense investment in the country’s history and boosting production capacity on NATO’s eastern flank.

Rheinmetall AG moved ahead with plans for a Lithuanian ammunition plant, marking the biggest defense investment in the country’s history and boosting production capacity on NATO’s eastern flank.
Bloomberg Politics • Nov 4, 11:53 AM
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Shein to Work with French Authorities After Banning Sex Dolls

Shein, the e-commerce giant in the middle of a storm in France after a report it was selling childlike sex dolls on its platform, said it will fully cooperate with French authorities.

Shein, the e-commerce giant in the middle of a storm in France after a report it was selling childlike sex dolls on its platform, said it will fully cooperate with French authorities.
Bloomberg Politics • Nov 4, 10:21 AM
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China Slams Dutch for Hard Line in Standoff Over Nexperia

China criticized the Dutch government for not taking enough steps to resolve a dispute over chipmaker Nexperia, which has spiraled into a supply crunch for the auto industry.

China criticized the Dutch government for not taking enough steps to resolve a dispute over chipmaker Nexperia, which has spiraled into a supply crunch for the auto industry.
Bloomberg Politics • Nov 4, 10:10 AM