Strike three: The Tipline for 3 September 2021

The first two times the Federal Trade Commission said Capital One’s chief executive failed to report stock acquisitions to the US antitrust agencies, he avoided punishment. Richard Fairbank is not quite as lucky the third time around. Meanwhile, CenturyLink may want to choke up on the bat. The Department of Justice called strike two against the telecom company on Thursday for once again violating the terms of a merger settlement. We hope you enjoy the long weekend. GCR USA will be off on Monday for Labour Day.