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 […]
Judge partially dismisses FTC's antitrust lawsuit against Amazon
A federal judge on Monday partially dismissed the Federal Trade Commission's (FTC) antitrust lawsuit against Amazon. But few details are currently available about U.S. District Judge John Chun's ruling, which was filed under seal. In December, Amazon asked a judge to dismiss the FTC's lawsuit, arguing that the practices the FTC deemed anticompetitive were actually […]
Epic Games accuses Google, Samsung of illegal collusion with ‘auto blocker’ feature in antitrust suit
“Fortnite” maker Epic Games filed a second antitrust lawsuit against Google on Monday, accusing the search giant of illegally colluding with smartphone giant Samsung to suppress app developers. Epic, led by CEO Tim Sweeney, was banned in December after a jury found that Google operated an illegal monopoly over the Google Play app store and […]
Google antitrust battles will drag on for ‘years,’ Sundar Pichai says
Google CEO Sundar Pichai acknowledged in a new interview that the company will be tied up in court for “years” as it tries to avoid being clamped down on in two federal antitrust cases that target its business model. U.S. District Judge Amit Mehta ruled in August that Google controls 90 percent of the market […]
Nancy Pelosi’s husband sold $500K in Visa stock before DOJ’s antitrust suit
Nancy Pelosi's husband sold more than $500,000 worth of Visa stock less than three months before the credit-card giant was indicted on federal antitrust charges, public records show. Visa said on Tuesday that the company They're illegally monopolizing the debit card market. This is the culmination of a years-long investigation by the Department of Justice's […]