Search Results for keywords:"antitrust concerns"

Found 4 results

Search Results: keywords:"antitrust concerns"

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  • 2025-04510 — Self-Regulatory Organizations; NYSE Arca, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Amend Rule 7.31-E To Adopt the Selective Midpoint Order
    Type:Notice
    Citation:90 FR 12835
    Reading Time:about 17 minutes

    The Securities and Exchange Commission (SEC) is considering whether to approve or reject a proposed rule change by NYSE Arca, Inc. This proposal aims to replace the current Discretionary Pegged Order (DPO) with a new Selective Midpoint (SeMi) Order, which uses machine learning to determine market instability and adapt trading patterns accordingly. Additionally, the SeMi Orders can be designed to provide liquidity under certain conditions, a feature not available with DPOs. The SEC has opened a period for public comments to help assess if the proposal aligns with relevant financial regulations and fair trading practices.

    Simple Explanation

    The SEC is thinking about letting a stock market use a new tool that helps decide when to buy or sell using smart computer thinking, but they want to make sure it plays fair and doesn't confuse anyone. They're asking people to share their thoughts on whether the new tool is okay to use.

  • 2024-29872 — Product Change-Priority Mail Express, Priority Mail, and USPS Ground Advantage® Negotiated Service Agreement
    Type:Notice
    Citation:89 FR 102977
    Reading Time:less than a minute

    The United States Postal Service has informed the Postal Regulatory Commission about a new shipping services contract. This contract will join the list of Negotiated Service Agreements under the Mail Classification Schedule's Competitive Products List. The notice was filed on December 6, 2024, and includes services like Priority Mail Express, Priority Mail, and USPS Ground Advantage. For more information, documents related to this filing can be accessed online.

    Simple Explanation

    The Postal Service is telling a group that they want to change the way they ship packages in the U.S., by adding a new special deal to their list of shipping options, but they don't explain much about the deal or who it's with.

  • 2025-02105 — Notice Pursuant to the National Cooperative Research and Production Act of 1993-PXI Systems Alliance, Inc.
    Type:Notice
    Citation:90 FR 8815
    Reading Time:about a minute or two

    PXI Systems Alliance, Inc. submitted notifications to the Attorney General and the Federal Trade Commission to report changes in its membership as part of a research project under the National Cooperative Research and Production Act of 1993. Five members, including companies from Germany, Japan, Tennessee, and California, have left the group. Despite these changes, PXI Systems plans to continue its work and will update membership changes as needed. The project remains open to new members, and the last notification was made in August 2024.

    Simple Explanation

    PXI Systems Alliance is a group that works together on special projects, and some people have left the group. They will keep looking for new friends to join them, and they say it's okay because they can still finish their project.

  • 2025-04131 — Norfolk Southern Corporation and Norfolk Southern Railway Company-Acquisition of Control-Norfolk & Portsmouth Belt Line Railroad Company
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    Type:Notice
    Citation:90 FR 12440
    Reading Time:about 23 minutes

    The Surface Transportation Board received a prefiling notification regarding a proposed transaction where Norfolk Southern Corporation and Norfolk Southern Railway Company aim to gain control of Norfolk & Portsmouth Belt Line Railroad Company. After reviewing the February 14, 2025 submission, the Board determined the transaction is "significant" rather than "minor," requiring more detailed information and compliance with different procedures. The Board instructed Norfolk Southern to amend their application, submit a revised procedural schedule by March 21, 2025, and to pay the additional filing fee associated with significant transactions. Additionally, the Board noted concerns from CSX Transportation and the Virginia Port Authority about potential anticompetitive effects.

    Simple Explanation

    Norfolk Southern wants to take over another railroad, but some grown-ups are worried it might not be fair to others. So, special rules and more information are needed to make sure it’s okay.