The US Environmental Protection Agency (EPA) has approved California’s request to ban the sale of new gasoline-powered vehicles by 2035. This decision, announced on Wednesday, grants the state a waiver under the Clean Air Act for its Advanced Clean Cars II Rule and Advanced Clean Fleets Regulation. Legal Basis for the Waiver California’s request hinged…
Visa faces a new lawsuit from U.S. merchants over its payments network, intensifying the legal challenges for the payment card giant. Last week, the U.S. Justice Department filed a major antitrust lawsuit against the company. On Tuesday, All Wrapped Up Signs and Graphix, an advertising and marketing company, filed a proposed class action in federal…
Align Technology, the maker of Invisalign clear teeth aligners, has agreed to pay $27.5 million to settle a lawsuit accusing it of participating in an illegal antitrust conspiracy that inflated the prices of aligners made by its rival, SmileDirectClub. The settlement, which was filed in federal court in San Francisco on Thursday night, will cover…
Apple (AAPL.O) announced on Tuesday that it plans to ask a U.S. judge to dismiss a lawsuit filed by the Justice Department and 15 states in March. The lawsuit alleges that the iPhone maker monopolized the smartphone market, harmed smaller rivals, and drove up prices. In a letter to U.S. District Judge Julien X. Neals…