Apple becomes first tech giant charged under Europe’s new antitrust law
Apple has become the first US tech giant to be indicted under the European Union’s tough new tech antitrust law and could face multi-billion-dollar fines for throttling developers on its App Store. The European Commission said on Monday that the iPhone maker may have violated EU digital markets law by banning app developers from easily […]
Big Tech antitrust bill nears reintroduction on Capitol Hill — but could be thwarted by key Democrats
A major antitrust bill aimed at reining in big tech companies is expected to be reintroduced in Congress, but insiders worry that key Democrats with close ties to Silicon Valley could undermine their own party’s agenda. Rep. Jerry Nadler of New York, the top Democrat on the House Judiciary Committee, is leading a push to […]
Google loses bid to avoid trial in DOJ’s digital advertising antitrust case
A federal judge ruled Friday that internet search giant Alphabet Inc.’s Google must go on trial to answer claims by U.S. antitrust authorities that it illegally dominates the online advertising technology market. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, denied Google’s motion during a hearing, according to court records. Google had argued for victory […]
Google AI-powered search engine could invite fresh antitrust scrutiny
Google’s AI-powered search engine is seen as a potential death blow to cash-strapped media, with some experts arguing that a new US antitrust crackdown is the industry’s only hope for survival. Critics warn that Google could gain dangerously strong control over the flow of information and advertising dollars on the internet unless courts or Congress […]
Feds Intensify Antitrust Scrutiny of AI Giants Microsoft, OpenAI, Nvidia
Federal regulators have reportedly reached an agreement to investigate the dominant roles played by Microsoft, OpenAI and Nvidia in the rapidly evolving AI industry. of The New York Times Reports The Justice Department and FTC agreed last week to move forward with an antitrust investigation into the conduct of major AI companies, according to two […]
DOJ, FTC set to open antitrust probe into Microsoft, Nvidia, and OpenAI: Reports
The Department of Justice (DOJ) and federal regulators are launching antitrust investigations into Microsoft, Nvidia and OpenAI for their roles in the rapidly growing artificial intelligence industry, multiple media outlets reported Thursday. Department of Justice and Federal Trade Commission (FTC) investigations; The New York Times first reported the news on Wednesday.As the investigation begins, subpoenas […]
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,” […]