Meta must face FTC’s antitrust suit over Instagram, WhatsApp acquisitions
Federal Trade Commission lawsuit seeks settlement with Facebook owner Metaplatforms over claims it acquired Instagram and WhatsApp to crush new competition in social media The case must go to trial, a Washington judge ruled Wednesday. Judge James Boasberg ruled against Meta's motion to end a lawsuit filed against Facebook in 2020 during the Trump administration, […]
What Trump’s election win means for Google antitrust cases — and the tech industry
Donald Trump's White House victory could have a major impact on U.S. antitrust and high-tech policy, including two pending Justice Department lawsuits against Google. Trump, a longtime critic of Google, has accused the company of political bias and election interference, but has recently expressed reluctance to break up the company. This is despite the fact […]
Google accused of imposing illegal ‘gag order’ blocking workers from discussing antitrust cases
The union representing Google employees is demanding the tech giant lift an illegal “gag order” that prohibits it from discussing a landmark antitrust case that could transform the company's business. are. On August 5, U.S. District Judge Amit Mehta ruled that Google is a “monopolist” that illegally controls the online search market. The same day, […]
Michael Jordan appears in court after suing NASCAR in antitrust fight
Retired basketball superstar Michael Jordan appeared in federal court in Charlotte, North Carolina, on Monday as he and two fellow NASCAR team owners filed a lawsuit against the Auto Racing Association for alleged antitrust violations. Jordan, who co-owns 23XI Racing with three-time Daytona 500 winner Denny Hamlin, sat in the front row of the gallery […]
Insurer Blue Cross Blue Shield agrees to $2.8bn antitrust settlement – The Guardian US
U.S. insurer Blue Cross Blue Shield will pay $2.8 billion to settle an antitrust class action lawsuit that claims hospital systems, doctors and other health care providers were not reimbursed. They agreed, the plaintiffs said in a recent filing in Alabama federal court. The settlement is the largest ever in a medical antitrust case, they […]
Karen Dunn, other Google lawyers host Kamala Harris fundraiser in middle of DOJ antitrust war
Key members of Google's legal team are spearheading a fundraiser for Kamala Harris on Friday, as Biden and Harris join the Justice Department in a historic antitrust case targeting the Big Tech giant. During the confrontation, he pointed out concerns about conflicts of interest. Karen Dunn, a top litigator at the Whiteshoe law firm Paul […]
DOJ antitrust plan to break up Google threatens profit, AI growth
Analysts say the U.S. Justice Department's proposed bailout to break away from Google's search dominance could weaken Google's main source of revenue, even though final results may be years away. , said it could stall progress in artificial intelligence. The Justice Department on Tuesday asked a judge to force Google to sell parts of its […]
DOJ may seek Google breakup after landmark antitrust case victory
The Justice Department said it is considering asking a federal judge to order the dismantling of Google's online search monopoly. This is a move that could completely change the entire business model of Big Tech companies. Federal authorities cited forced sale of Google's Chrome browser, Google Play app store, or Android operating system as possible […]
McDonald’s claims beef suppliers including Tyson fixed prices in explosive antitrust suit
According to an explosive lawsuit, McDonald's alleged that major beef suppliers, including Tyson, conspired to fix prices at artificially high levels in violation of federal antitrust laws. The burger and fries giant alleged its beef suppliers agreed to manipulate and fix prices at “hypercompetitive levels,” according to a lawsuit filed Friday in the Eastern District […]
FTC antitrust case against Amazon moves forward, several state claims dismissed
The Federal Trade Commission's antitrust case against Amazon will move forward, but several states' claims against the e-commerce giant have been dismissed, according to a newly released ruling. In a decision filed privately last week, U.S. District Judge John Chun dismissed the lawsuits from Pennsylvania, New Jersey, Oklahoma and Maryland. However, Chun rejected Amazon's motion […]