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Twelve US states led by California have launched a federal lawsuit to prevent Paramount's $110 billion acquisition of Warner Bros Discovery, arguing the combined entity would wield excessive market power over film distribution and cable channels.
California consumers have filed a lawsuit claiming major petrol station operators, including Walmart and BP, used AI algorithms to illegally manipulate fuel prices, inflating costs by up to US$0.22 per gallon.
A class action lawsuit filed in California federal court accuses major fuel retailers of using artificial intelligence to coordinate high gas prices. The case highlights growing scrutiny of algorithmic pricing practices across the retail sector.
Singaporean shipping magnate Teo Siong Seng and other container industry executives have been sued in US federal court by American firms claiming losses from an alleged global price-fixing cartel that artificially inflated shipping container prices.