Bloomberg Law 2026: Sharp Outlooks Into an Uncertain Future

Bloomberg Law 2026 features more than 30 articles from our legal analysts that look ahead to what 2026 has in store for legal professionals and the legal industry. This year’s iteration features deep dives into the latest data and trends in Litigation, Executive Orders & Authority, Corporations & Transactions, and Artificial Intelligence.

Novo’s Novel GLP-1 Bid Failed But That’s Not the Point

Pfizer’s offer to acquire GLP-1 maker Metsera triggered an aggressive counterbid from pharmaceutical giant Novo Nordisk. Novo’s novel two-pronged approach not only forced Pfizer to increase its bid; it also showed how creative deal-structuring tactics by market leaders could bypass regulatory scrutiny.

Cone of Uncertainty Weighs on Blue Bell Chancery Trial

The seminal, decade-long case of Marchand v. Barnhill is set for a February trial, where the Delaware Court of Chancery might finally have the opportunity to shepherd in a new era of corporate precedent for Caremark claims.

FTC’s Meta Loss Shows Enforcers in a Bind Against Tech

The FTC’s recent loss in its monopolization case against Meta is another data point on the curve suggesting that antitrust enforcement might not work against tech platform monopolies—or at least, can’t possibly work at the pace markets move.

Kalshi event contract trading app.

State Courts Up the Ante on Kalshi’s Preemption Gamble

Kalshi faces new legal challenges from ‘Loss Recovery’ LLCs using state gambling laws. These cases are forcing Kalshi into an uphill battle to stay out of state court. The likely outcome is increased legal uncertainty around the question of federal preemption on event contract markets.

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ANALYSIS: Novo’s Novel GLP-1 Bid Failed But That’s Not the Point

Pfizer’s offer to acquire GLP-1 maker Metsera triggered an aggressive counterbid from pharmaceutical giant Novo Nordisk. Novo’s novel two-pronged approach not only forced Pfizer to increase its bid; it also showed how creative deal-structuring tactics by market leaders could bypass regulatory scrutiny.

ANALYSIS: Union Workers’ Pay Raises Take a Downward Turn

Pay raises negotiated by unions fell to a four-year low in the third quarter, according to a Bloomberg Law report. Q3’s first-year wage increase averaged only 5.0%, suggesting that union negotiators may have reached a limit on how much they can expect employers to pay.

ANALYSIS: How EU–US Data Privacy Plan Might Fare in CJEU Appeal

The data privacy framework that governs cross-border data transfers from the EU to the US has successfully defeated a legal challenge. But, on appeal, an EU court with a history of dismantling such frameworks will be considering two central issues about US privacy safeguards.

ANALYSIS: Collateralizing PII: The New Frontier in Chapter 11

23andMe’s bankruptcy illustrates the collision between maximizing value and maintaining privacy when a debtor’s primary asset is PII. Privacy statutes and consent flows narrowed what 23andMe could sell under the bankruptcy code, signaling that future data-centric restructurings will hinge on provenance, cohort segmentation, and regulator engagement.

Bloomberg Law 2026: Sharp Outlooks Into an Uncertain Future

Bloomberg Law 2026 features more than 30 articles from our legal analysts that look ahead to what 2026 has in store for legal professionals and the legal industry. This year’s iteration features deep dives into the latest data and trends in Litigation, Executive Orders & Authority, Corporations & Transactions, and Artificial Intelligence.

ANALYSIS: 2026 to Be a Watershed in Big Tech’s Antitrust Battles

After decades of hand-wringing and much spilled ink, antitrust cases and new enforcement tools against the technology platform behemoths are finally starting to bite. Which means that, in 2026, we’re about to see whether ongoing attempts to rein in the platform monopolies will succeed in denting their market power. It’s not a foregone conclusion.

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