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DOJ v. Visa: What Can We Expect as Consumers?
BARAK KOREN—Americans spend over four trillion dollars using debit cards each year. But what really happens behind the scenes when you pull out your debit card at the grocery store to tap and pay? To illustrate, say you make a fifty-dollar purchase using your Visa debit card, issued by Chase Bank. This transaction will charge […]
Chasing the Bag: FTC Seeks to Block Merger Between Purveyors of “Accessible Luxury” Handbags
ALEJANDRO OTERO—As the hip crowd gathered around the runway in Chelsea for New York Fashion Week, the case for the future of the fashion industry began in Lower Manhattan. On September 9, 2024, the United States District Court for the Southern District of New York began hearing arguments in the FTC’s case against the merger […]
DOJ v. Visa: What Can We Expect as Consumers?
BARAK KOREN—Americans spend over four trillion dollars using debit cards each year. But what really happens behind the scenes when you pull out your debit card at the grocery store to tap and pay? To illustrate, say you make a fifty-dollar purchase using your Visa debit card, issued by Chase Bank. This transaction will charge […]
Chasing the Bag: FTC Seeks to Block Merger Between Purveyors of “Accessible Luxury” Handbags
ALEJANDRO OTERO—As the hip crowd gathered around the runway in Chelsea for New York Fashion Week, the case for the future of the fashion industry began in Lower Manhattan. On September 9, 2024, the United States District Court for the Southern District of New York began hearing arguments in the FTC’s case against the merger […]
Is Reading the Fine Print Enough? What the Disney Wrongful Death Suit Reveals to Consumers About Arbitration Agreements
ALEXA MASCARO—Earlier last month, Disney found itself in hot water for moving to dismiss a wrongful death suit filed on behalf of Kanokporn Tangsuan, an NYU doctor who suffered a fatal allergic reaction after dining at a Disney Springs restaurant in 2023. The suit, brought by Tangsuan’s widower, alleges that Disney acted negligently by failing […]
Moore or Less Taxes: How Moore v. United States Stands to Upend the Current Tax Framework
MILES POLLEY—Two things are certain in life: death and taxes. Nonetheless, how much taxpayers pay in taxes remains up for debate, especially given the pending Supreme Court case Moore v. United States. The Constitution sets up two avenues of taxation: indirect and direct. To be constitutional, an indirect tax must be uniform across the country, […]
Merge With a Competitor or Fight to Stay Alive? The FTC Sues to Halt Kroger and Albertsons Survival Strategy—a Merger.
ALESSANDRA LORA—On February 26, 2024, the Federal Trade Commission (“FTC”) sued to block the proposed merger of supermarket giants, Kroger and Albertsons. As the largest proposed merger in the supermarket industry with Kroger’s $24 billion acquisition of Albertsons Companies, the FTC claims the proposed deal is monopolistic, which in turn will lead to decreased competition. […]
Gaseous Gambit: The EPA’s Methane Mission Meets State Resistance
ADDIEL PEREZ—The Environmental Protection Agency (“EPA”) recently enacted a groundbreaking methane emissions regulation, published on March 8th, 2024. This swiftly became a focal point of legal contention. Texas and other states have launched a lawsuit challenging the EPA’s authority to implement such stringent measures. This development spotlights the ongoing battle between federal environmental initiatives and […]
From Memes to Markets: Reddit’s IPO Journey Amidst the Echoes of Meme-Stock Mania
JULIANNE RUDKIN—Reddit, the online forum, officially filed for its Initial Public Offering (“IPO”) last month under the ticker symbol “RDDT,” making it one of the largest social media companies to go public since Snap Inc. in 2017. The journey marks a pivotal moment in the company’s history and a significant test for the US stock […]
