A May 13 hearing in lawsuits challenging US tariffs, with ramifications for retailers like Nike, automakers like Ford, tech companies like Apple and other sectors are among key catalysts BI litigation and policy analysts are watching in the coming week. The team also discussed a recent op-ed by FCC commissioner Nathan Simington and what it means for potential rulemaking by the agency to cap revenue that local TV stations must pay to affiliated broadcast networks, which could shift revenue to Nexstar and Tegna from ABC, CBS, Fox, and NBC. This episode also covered an update and our outlook for a pair of crypto bills, on stablecoins and market structure, making their way through Congress, which could affect Coinbase and Robinhood.See omnystudio.com/listener for privacy information.
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27:45
Trump’s First 100 Days, Trade, Taxes and More
President Donald Trump’s first 100 days in office have brought major tariff, tax and regulatory actions that have roiled global markets and diplomacy. Bloomberg Intelligence analysts hosted a webinar on May 1 to discuss how these evolving policies will shape sectors, markets and companies — from banks like Bank of America and Citigroup, retailers like Walmart and Kroger as well as technology providers Apple and Google — through the remainder of 2025.See omnystudio.com/listener for privacy information.
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53:51
Tariff Suits, Tech Antitrust and Tax Bill
Updates and our outlook on the various lawsuits challenging the Trump administration’s tariffs, with ramifications for retailers like Nike, automakers like Volkswagen and numerous other sectors, are among key catalysts that BI litigation and policy analysts are watching this week. The team also discussed various antitrust matters, including the ongoing FTC v. Meta trial, proceedings over remedies in the DOJ’s case against Google over search, and the recent court ruling for DOJ against Google concerning its ad tech. Congress returns next week and Republicans will pick up their efforts to pass a reconciliation bill to extend the 2017 Tax Cuts and Jobs Act. The European Commission’s light-touch fines issued on April 23 against Apple (€500 million) and Meta (€200 million) — for noncompliance with the Digital Markets Act (DMA) — suggest an easing of European regulatory pressure on US tech giants, though pending DMA probes into Alphabet and Apple still pose a risk.See omnystudio.com/listener for privacy information.
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33:08
Meta Trial, Google Hearing, House Tax Vote
A preview of the upcoming trial in which the FTC is challenging Meta’s acquisitions of Instagram and WhatsApp as anticompetitive, as well as a preview of a remedy hearing in the DOJ vs. Google search, were among the key catalysts that BI litigation and policy analysts are watching this week. Though divestitures are at risk in the FTC case, we think Meta has the better of arguments heading into trial. We also discussed how the Senate Commerce Committee took action on two of President Donald Trump’s nominees for the National Telecommunications and Information Administration and the Federal Communications Commission. Finally, we discussed how House Republicans delivered a key win for the Trump administration in advancing a budget resolution that we believe will eventually end with extending the 2017 Tax Cuts and Jobs Act.See omnystudio.com/listener for privacy information.
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23:20
Trump’s Liberation Day: A Trade Lawyer’s Take: Votes & Verdicts
The Trump administration’s tariffs are among key topics that BI litigation and policy analysts are following this week, including among others reciprocal tariffs, tariffs on steel and aluminum and tariffs on Canada, China and Mexico. Ted Murphy, partner at the global law firm, Sidley Austin, and co-leader of Sidley’s Global Arbitration, Trade and Advocacy practice joins Bloomberg Intelligence litigation analyst Holly Froum to talk about President Donald Trump’s evolving trade policy, how it differs from his first term, potential legal challenges to the tariffs, and how companies can navigate this ever-changing landscape.See omnystudio.com/listener for privacy information.
Votes and Verdicts is a series that examines the intersection of business, policy and law. It features conversations between Bloomberg Intelligence's team of litigation and policy analysts and thought leaders discussing legal and policy issues affecting markets and business decisions across many sectors.
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