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Justice Department Probes Andreessen Horowitz Over Antitrust Board Seats

8/18/2026

Summary

Kushner Iger Lakers

Josh Kushner and Bob Iger are pursuing a $12.5 billion purchase of the Los Angeles Lakers, including the Buss family’s 17.8 percent stake, which Jeanie Buss opposes.
NBA rules cap private-equity ownership at 20 percent and total financial-firm ownership at 30 percent.
If the Buss stake sells, Kushner and Iger must raise $10 billion in equity or syndicate the deal.
Andreessen Horowitz, run by Marc Andreessen and Ben Horowitz, reportedly faces antitrust scrutiny from federal prosecutors.

Summary

Andreessen Horowitz Probe

The Justice Department is probing Andreessen Horowitz for antitrust violations involving board seats at Databricks and Fivetran.
Ben Horowitz’s Databricks seat and Martin Casado’s Fivetran seat may breach the interlocking-directorate rule.
Marc Andreessen, who donated more than $5 million to pro-Trump groups in 2024, advises White House of U.S. President Donald Trump while his firm and founders gave $115.5 million in midterms and were dubbed the administration’s ‘first outside call’ on AI.

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Kushner Iger Lakers

Josh Kushner and Bob Iger are pursuing a $12.5 billion purchase of the Los Angeles Lakers, including the Buss family’s 17.8 percent stake, which Jeanie Buss opposes.
NBA rules cap private-equity ownership at 20 percent and total financial-firm ownership at 30 percent.
If the Buss stake sells, Kushner and Iger must raise $10 billion in equity or syndicate the deal.
Andreessen Horowitz, run by Marc Andreessen and Ben Horowitz, reportedly faces antitrust scrutiny from federal prosecutors.

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