On May 29th, 2025, Representative J. French Hill of Arkansas introduced H.R. 3633, the Digital Asset Market Clarity Act, more commonly referred to as the “Clarity Act.” (House Roll Call Vote No. 199, Congress). The Clarity Act intends to create a clear regulatory framework for the cryptocurrency marketplace. (Lathan & Waktins LLP). The bill seeks to create protections to ensure investors are properly informed and protected from losses due to fraud. Mercedes Reed, Better than Clarity: The Case for a Function-Based Crypto Regulatory Framework, 26 Wyo. L. Rev. 401, 406 (2026). Of particular concern are meme coins — highly volatile investments often released and supported by celebrities — including DOGE and BONK among others. (Michael Adams, Forbes). To illustrate, investors in President Trump’s $TRUMP meme coin collectively lost $3.81 billion. (Eric Lipton and David Yaffe-Bellany, NY Times). As more celebrities create their own meme coins, the need for the Clarity Act and its regulatory framework grows. (Judy Lagrou, Bloomberg Law). This article examines why Congress should pass the Clarity Act. To ensure that an industry that has already led to great losses is not allowed to proceed unchecked.
Read MoreParamount Skydance (“Paramount”) has agreed to acquire Warner Bros. Discovery (“Warner Bros.”), the media behemoth behind iconic franchises such as Looney Tunes and Hanna-Barbera. (Samuel Stolton, Guy Johnson, Tom Mackenzie, Bloomberg Law; Warner Bros.). The acquisition would value Warner Bros. at $110 billion, making it the largest deal of 2026. (White & Case). However, this merger has triggered scrutiny from state government officials who are challenging the merger on antitrust grounds. (Leah Nyle, Josh Sisco, Bloomberg Law). Other jurisdictions, such as the European Union (“EU”) have already greenlit the merger. (Samuel Stolton, Guy Johnson, Tom Mackenzie, Bloomberg Law; Tom Fish, Law360). This article provides background on the merger, explains the current state lawsuits attempting to block the merger, then outlines the EU’s approach to clearing the merger.
Read MoreVolkswagen took a major step in its restructuring plans with the sale of its majority share in Everllence. (Pietro Zollin et al., Volkswagen Group). Volkswagen invested significantly in repositioning and strengthening Everllence before the sale, contributing to an increased evaluation. Id. The transaction illustrates how a large multinational corporation can use a private-equity investment to strategically restructure. (Stephen Wilmot et al., The Wall Street Journal). This article analyzes the structure of the transaction, why Volkswagen is restructuring, and what it means for Volkswagen’s future.
Read MoreIn June 2026, social media giant TikTok (parent company ByteDance) reached a settlement in principle with a minor plaintiff from Florida, mere weeks before the case was scheduled to become “the second bellwether trial” in the vast body of social media addiction litigation pending in California. (Craig Clough, Law360). The preliminary settlement averted TikTok’s liability in the July jury trial and mirrored a similar exit deal the company made months earlier when it settled out of the first bellwether trial. (Olivia Carville and Alexandra S. Levine, Bloomberg). For a company that once relied on skeletal federal immunity principles to end such suits at the pleading stage, this new willingness to pay up marks a striking shift in strategy and position. (Brian Dowling, Bloomberg Law). This article aims to explain the past and present legal theories driving the litigation, outline the procedural history of the bellwether cases, and analyze what the duty-of-care and compliance implications for large tech defendants may be.
Read MoreOn October 14, 2022, Kroger and Albertsons Companies announced a proposed $24.6 billion merger that would have combined two of the largest supermarket chains in the United States (Alina Selyukh, NPR). The Federal Trade Commission (“FTC”), joined by the District of Columbia and eight other states, filed an action in the United States District Court for the District of Oregon to block the proposed Albertsons acquisition under Section 7 of the Clayton Act, the federal antitrust statute barring mergers that may substantially lessen competition (Alina Selyukh, NPR). Colorado and Washington separately challenged the merger in their own state courts. Id. Federal and state courts halted the merger in December 2024, and the companies abandoned the transaction shortly thereafter, leaving Albertsons to pursue breach-of-contract claims in Delaware’s Court of Chancery against Kroger (Isaiah Poritz, Bloomberg Law). On July 1, 2026, Kroger announced a far smaller transaction: a $1.65 billion agreement to acquire regional grocer Giant Eagle, a deal that will add roughly 200 stores across five states to Kroger’s portfolio (The Kroger Co.). Using the Albertsons merger’s collapse as a backdrop, this post examines whether Kroger’s Giant Eagle acquisition can satisfy antitrust regulators by tracing why the Albertsons deal failed, weighing perspectives on Giant Eagle’s market impact, and forecasting how regulators will treat the new deal.
Read MoreOn June 15, 2026, Fox Corporation (“Fox”) announced it would acquire Roku, Inc. (“Roku”) (Fox Corp). The transaction combines Fox’s news, sports, and entertainment portfolio, including Tubi’s streaming service, with Roku’s connected-TV operating system, “the Roku Channel,” and a first-party data relationship that reaches over 100 million households globally. Id. Fox Executive Chair and CEO Lachlan Murdoch described the acquisition as a defining moment for Fox, continuing a streaming push that began with Fox’s acquisition of Tubi in 2020. Id. The deal is being financed, in part, by Morgan Stanley through $12 billion in bridge financing. (Al Barbarino, Law360). The deal is slated to close in the first half of 2027 after shareholder and regulatory approval. Id. While the transaction may appear to be an ordinary corporate acquisition, it presents a more consequential antitrust issue for regulators to grapple with. (Flavia Fortes, MLex). This post will examine the deal structure, then will analyze the core antitrust question: whether combining a content owner with a connected-TV gatekeeper gives the merged entity the incentive and ability to harm competitors that outweigh the deal’s claimed efficiencies.
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