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Spanish media association files $598 mln lawsuit against Facebook owner Meta

UPDATE 1-Spanish media association files $598 mln lawsuit against Facebook owner Meta Adds detail MADRID, Dec 4 (Reuters) - A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms META.O , citing unfair competition in the advertising market. The lawsuit was filed by the AMI newspaper publishing association in a commercial court on Friday, the association said in a statement on Monday.
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Resurgent S&P 500 crests new 2023 closing high after roller-coaster year

RPT-GRAPHIC-Resurgent S&P 500 crests new 2023 closing high after roller-coaster year Repeats with no changes By Lewis Krauskopf Dec 1 (Reuters) - A searing late-year rally has brought the S&P 500 .SPX to a fresh 2023 closing high, as investors bet the Federal Reserve is done raising interest rates and the U.S. economy will remain resilient in the face of tighter monetary policy.
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Resurgent S&P 500 crests new 2023 closing high after roller-coaster year

GRAPHIC-Resurgent S&P 500 crests new 2023 closing high after roller-coaster year By Lewis Krauskopf Dec 1 (Reuters) - A searing late-year rally has brought the S&P 500 .SPX to a fresh 2023 closing high, as investors bet the Federal Reserve is done raising interest rates and the U.S. economy will remain resilient in the face of tighter monetary policy.
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TikTok asks EU court to suspend EU gatekeeper label until its ruling

TikTok asks EU court to suspend EU gatekeeper label until its ruling By Foo Yun Chee BRUSSELS, Dec 1 (Reuters) - Chinese conglomerate ByteDance's TikTok has asked Europe's second highest court to suspend its designation as a gatekeeper under onerous new EU tech rules until judges rule on its challenge against the label. The Digital Markets Act (DMA) requires TikTok and other designated gatekeepers Alphabet's GOOGL.O Google, Meta Platforms META.O , Apple AAPL.O , Amazon AMZN.O and Microsoft MSFT.
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Pharma giants warn of 'chaos' in venue fight over US price-fixing cases

Pharma giants warn of 'chaos' in venue fight over US price-fixing cases By Mike Scarcella Dec 1 (Reuters) - Major pharmaceutical firms are trying to bar a group of states that sued them from leaving centralized antitrust litigation in Philadelphia, warning of "chaos" if the companies are forced to fight the same price-fixing claims in more than one venue.
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