Tag: Government
FAA blamed after parachute show leads to Congress evacuation
US Congress was evacuated yesterday after Capitol Police said it was "tracking an aircraft that poses a possible threat to the Capitol Complex," CBS News reported. Everyone stood down a short time later when it turned out to be a parachute demonstration, but the incident caused a lot of ire.…
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Hitting the Books: How Ronald Reagan torpedoed sensible drug patenting
Americans pay two and a half times more for their prescription drugs than residents of any other nation on Earth. Though generic versions of popular compounds accounted for 84 percent of America's annual sales volume in 2021, they only generated 12 percent of the actual dollars spent. The rest of…
Read MoreCourt rules that Apple can’t push back ordered App Store payment changes
Apple has failed to convince US District c to delay the App Store change she ordered back in September. As the judge for the Apple vs. Epic trial, Rogers ruled in favor of the tech giant for 9 out of 10 counts, but she also decided that Apple must allow…
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Amazon starts probe over bribe to gov’t officials by its lawyers in India, report says
Amazon has launched an investigation into the conduct of its legal representatives in India following a complaint from a whistleblower who alleged that one or more of the company’s reps had bribed government officials, Indian news and analysis outlet the Morning Context reported on Monday. The company is investigating whether…
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Google abused dominant position of Android in India, antitrust probe finds
Google has abused the dominant position of Android in India to illegally hurt competitors in the world’s second largest internet market, a two-year antitrust probe by the nation’s watchdog has found. The Android-maker reduced device manufacturing firms’ ability and incentive to develop — and sell — devices running alternative versions…
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What’s happening in venture law in 2021?
The venture world is growing faster than ever, with more funding rounds, bigger funding rounds, and higher valuations than pretty much any point in history. That’s led to an exponential growth in the number of unicorns walking around, and has also forced regulators and venture law researchers to confront a…
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