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TOP NEWS
McDonald's Accused Of Using AI To Hike Menu Prices
By Celeste Bott
A potential class action filed in Illinois federal court Friday accuses McDonald's of flouting federal and state antitrust laws by using artificial intelligence to coordinate prices among independently owned restaurants, causing customers to overpay and average menu prices to rise by roughly 40% in a five-year period.
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Catching Up With Delaware's Chancery Court
By Jarek Rutz
The Delaware Chancery Court this past week temporarily froze roughly 32.1 million Talkdesk Inc. shares in a fight over a disputed foreclosure involving founder and CEO Tiago Paiva, while rejecting Saama Technologies founder Suresh Katta's nearly $68 million earnout bid and awarding the company about $7.3 million.
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Brief
PVC Pipe Price-Fixing Settlements Get Final OKs
By Lauraann Wood
An Illinois federal judge has given her final blessing to more than $200 million in settlements consumers have struck in their antitrust suit accusing major polyvinyl chloride pipe producers of participating in an illegal price-fixing conspiracy, teeing the rest of the case up for the evidence-gathering phase of litigation.
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