FTC lawsuit alleges Amazon has been ‘secretly and systematically’ overcharging for ads
Amazon responded saying the FTC’s claim ‘fundamentally misunderstands how advertisers behave.’ Source: The Verge
Malaysia: Finas to investigate allegations of cartel in film industry
The National Film Development Corporation Malaysia (Finas) will summon exhibitors, distributors and film producers to investigate allegations of a cartel and market dominance in the local film industry. Source: nst
FCC votes to eliminate broadcast ownership rule
The Federal Communications Commission (FCC) on Thursday voted to eliminate a long-standing rule capping the number of households a single broadcaster can reach nationwide, a move the commission said is necessary to better help television networks compete with the rapid … Continued
Film posters for The Mummy banned from public display in UK
Watchdogs say adverts in London tube stations broke its rules with ‘realistic impression of a dead child’. Source: The Guardian
Getty Images scraps $3.7 billion merger with Shutterstock over UK scrutiny
The collapse of the merger comes as both companies face growing competition from AI image generators that offer a cheaper and easier way to create visuals. Source: https://www.reuters.com/legal/transactional/getty-images-scraps-shutterstock-merger-2026-06-30/
U.K. Begins Formal Review of Paramount-Warner Bros. Megadeal
The deadline for the Competition and Markets Authority to decide on a possible phase 2 investigation is Aug. 7. Source: https://www.hollywoodreporter.com/business/business-news/paramount-wbd-merger-deal-uk-review-cma-1236617206/