News Corp. has agreed to pay $280 million to resolve claims that it monopolized the market for in-store promotions at more than 50,000 retail stores across the United States. The settlement abruptly ended a trial that had begun earlier in the day.
An antitrust lawsuit against News Corp. has been certified as a class action.
JP Morgan Chase has settled the claims against it in a U.S. antitrust lawsuit for about $100 million. In the lawsuit, the investors allege that JP Morgan and 11 other major banks rigged prices in the $5 trillion-a-day foreign exchange market.