GlobalFoundries Fined in U.S. Crackdown on Chip Shipments to China
The Biden administration has fined U.S. chipmaker GlobalFoundries USD 500,000 for unauthorised exports to a restricted Chinese entity, reflecting heightened U.S. control over tech transfers to China.
DOJ Sues Visa for Antitrust Violations
A significant step has been taken in the fight against anticompetitive practices in the financial industry with the US Department of Justice's lawsuit against Visa.
Biden Administration’s Net Neutrality Reinstatement Sparks Legal Battle with Telecom Giants
U.S. telecom groups are challenging the Biden administration's move to reinstate net neutrality rules, set to take effect on July 22.