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FTC Sues to Block Major Grocery Merger & BYD Taking Over the Car Market?

Morning Brew Daily

Labor Advocates' Influence in Mergers and BYD Disrupting the Auto Market

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Labor advocates are celebrating the FTC considering the impact of mergers on employee leverage, as seen in a grocery store merger where the largest union opposed the deal. Meanwhile, the deal between Capital One and Discover is facing scrutiny from top Democrats. On the other hand, Chinese EV maker BYD is disrupting the auto market by releasing a high-performance electric supercar and a budget sedan, aiming to compete across different market segments and challenging established automakers like Tesla. This move has US automakers concerned about BYD's aggressive entry into the market.

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