DOJ to scrutinize Big Tech’s AI dominance ‘with urgency,’ antitrust chief says
Jonathan Cantor, the Justice Department’s antitrust director, said he was considering possible enforcement actions against large artificial intelligence companies to ensure fair competition in the tech sector. The Department of Justice is actively investigating “monopoly bottlenecks and the competitive landscape” in AI. Kanter told the Financial Times:. Authorities have expressed concern that tech giants such […]
NFL ‘Sunday Ticket’ antitrust trial heads to court in Los Angeles, payoffs could reach $21B
The National Football League is scheduled to go on trial in Los Angeles on Wednesday where jurors will decide whether the league violated antitrust laws and whether it should pay billions of dollars in damages over its airing of “Sunday Ticket.” Subscribers to DirecTV’s “Sunday Ticket” television coverage filed a federal class action lawsuit in […]
NCAA, Power Five approve antitrust settlement, paving way for college athlete revenue model
The NCAA and the nation’s top five conferences approved a roughly $2.8 billion antitrust settlement, paving the way for a new revenue-sharing model that could increase compensation for student-athletes. NCAA President Charlie Baker In a joint statement The commissioners of the Atlantic Coast Conference, Big Ten, Big 12, Pac-12 and Southeastern Conference confirmed Thursday that […]
Apple slams DOJ antitrust lawsuit alleging smartphone monopoly, urges dismissal
Apple on Tuesday will ask a U.S. judge to dismiss a lawsuit filed in March by the Justice Department and 15 states that accuses the iPhone maker of dominating the smartphone market, harming smaller competitors and jacking up prices. It was announced that. “Apple is not a monopoly and faces intense competition from existing rivals,” […]
DOJ antitrust chief touts blocked mergers
Jonathan Cantor, head of the Justice Department’s antitrust division, on Wednesday tore down the department’s track record of blocking mergers in concentrated markets, amid continuing tensions between policymakers and big business as political coalitions rebuild. praised. Cantor, who has overseen the halting of mergers from airlines to book publishing and the first criminal monopoly wins […]
Microsoft to face antitrust charges in Europe over Teams software dominance: report
Microsoft is reportedly facing a new antitrust crackdown by European regulators for allegedly using anticompetitive tactics to power its virtual meeting software, Teams. The European Union’s antitrust watchdog, the European Commission, is planning to file formal antitrust charges against Microsoft. The Financial Times reportedThis was reported by three sources familiar with the matter. The investigation […]
Apollo-Sony bid for Paramount could face antitrust hurdles from feds: sources
Apollo Global Management and Sony’s proposed takeover of Paramount Global Inc. faces significant hurdles in passing through Democratic-led federal regulators amid antitrust concerns, the company learned. Paramount, which closed exclusive merger talks with Skydance Media last Friday, owns the CBS network, its Hollywood studios and 28 local stations, including 17 CBS affiliates in markets such […]
DOJ claims Google deleted chat logs as antitrust case comes to a close
According to reports, the Justice Department claimed that Google implemented a policy during the investigation that encouraged employees to delete chat logs and other discussions about certain business practices. tech spot. The business practices in question relate to revenue sharing agreements and mobile application distribution agreements. Government lawyers said the internal conversations may have revealed […]
Google Defends Its $20 Billion Payoff to Apple in Antitrust Suit Closing Arguments
As the most important antitrust trial in 25 years draws to a close in Washington, Google is making a final stand against the Justice Department’s efforts to break the tech giant’s deadly grip on online search. of financial times report A federal court in Washington began hearing closing arguments in the 10-week trial Thursday. In […]
Google blasted as ‘negligent’ over evidence destruction as landmark DOJ antitrust case wraps up
Closing arguments in a landmark antitrust case that could bring unprecedented changes to the tech giant’s core business concluded Friday, with a federal judge ruling that Google’s “negligent actions led to the deletion of employee chat records.” ” policy. Justice Department lawyers ask Judge Amit Mehta to sanction Google for failing to preserve evidence despite […]