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Cranberry Journal

Tuesday, October 20, 2026

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At the close · Oct 20

Antitrust

Tagged stories

The granite entrance of the Daniel Patrick Moynihan United States Courthouse at 500 Pearl Street, with its name in gold letters above bronze doors and bollards along the pavement.
Business

The FTC Says Martin Shkreli Traded Shares in at Least 60 Drug Companies Despite a Lifetime Ban. It Wants His Profits, With No Offset for Losses.

The Federal Trade Commission and seven states asked a federal judge in Manhattan on Tuesday 13 October to hold Martin Shkreli in civil contempt of the 2022 order banning him from the pharmaceutical industry for life. They allege he has traded shares in more than 60 drug companies since leaving prison and promoted short positions on livestreams. The court has not ruled, and no response from Shkreli or his lawyers had been reported.

By Daniel Okafor  

The Warner Bros. Studios water tower rising behind the perimeter wall of the studio lot in Burbank.
The Numbers

Paramount Settles With the States Nine Days Before the Meter Starts

Paramount Skydance has settled the antitrust suit twelve states brought against its $110 billion purchase of Warner Bros. Discovery. The remedies are promises about behaviour: thirty films a year in cinemas, with $30 million owed for each one short. The number that explains the timing is a different one. From 1 October, every day the deal stays open costs Paramount about $7 million.

By Cory Chamberlain  

A person signing a contract with a ballpoint pen.
The Long View

The Deal Was Structured to Avoid a Filing. The Filing Is Now the Investigation.

The Justice Department has issued Nvidia a formal demand for information over its licensing arrangement with Groq, in which Groq's chief executive and chief operating officer moved across. The question is whether a licence plus a mass talent transfer is an acquisition that should have been reported. It is the first formal test of a structure the whole industry has been using.

By Alison Acosta  

The Hipolito F. Garcia Federal Building and United States Courthouse in San Antonio, TX.
Explainer

Google Keeps the Auction and Gets a Referee Instead

A federal judge declined to make Google sell the ad exchange she had already found it used to monopolise the market. The remedies are behavioural — open the bids, drop the pricing rules, end first and last look. Every one of them is a rule that somebody has to keep watching.

By Alison Acosta