Google grilled in closing arguments of DOJ antitrust case
A federal judge on Thursday slammed a key element of Google’s defense as closing arguments begin in a landmark antitrust case that could upend the company’s online search empire. Judge Amit Mehta is expected to rule later this year on whether Google maintains an illegal monopoly in the online search market, facing stiff competition despite […]
Warren Buffett’s real estate firm pays $250M to settle antitrust
The real estate brokerage firm owned by Warren Buffett’s Berkshire Hathaway announced Friday that it has reached a $250 million settlement in a national antitrust lawsuit that is expected to change the way real estate agents are paid. HomeServices of America, the nation’s largest real estate brokerage, has become the last remaining defendant in a […]
Say goodbye to your iPhone? Maybe, if antitrust regulators have their way
Ten years ago, there was little public interest in antitrust law. For the past four years, the Department of Justice and the Federal Trade Commission have sued Google (Twice), Amazon and Facebook (meta) To dominate key digital markets, including our beloved markets Google search and Amazon’s online superstore. The latest target is Apple’s legendary iPhone. […]
Congressional panels that gutted DOJ antitrust arm have Big Tech ties: watchdogs
Two watchdog groups have warned that key committees in the House and Senate are filled with ties to Big Tech, and conflicts of interest could undermine a looming antitrust crackdown on Google and Apple. Last month, the House and Senate Appropriations Committees were torn by antitrust hawks after passing a spending package that included a […]
Ticketmaster to face federal antitrust lawsuit: reports
The Justice Department is preparing to file a federal antitrust lawsuit against Ticketmaster’s parent company, Live Nation, according to multiple reports. wall street journal The newspaper first reported on Monday that the Justice Department plans to file an antitrust lawsuit against Live Nation in the coming weeks, citing people familiar with the matter. Live Nation […]
TicketMaster parent Live Nation facing DOJ antitrust lawsuit as soon as May: report
The Department of Justice is preparing to file an antitrust lawsuit against Live Nation next month. The Wall Street Journal reported This was disclosed on Monday, citing a person familiar with the matter. Ticketmaster, a subsidiary of Live Nation, has been accused of heavy-handed tactics and high prices for decades, but in 2022 it was […]
Warner Bros Execs Resign After DoJ Investigates Anti-Trust Violations
Two executives at Warner Bros. Discovery, Stephen Miron and Stephen Newhouse, resigned from the company’s board after being told by the Justice Department that they were being investigated for antitrust violations. Following their resignations, the Board of Directors adopted a resolution to reduce the number of directors from 13 to 11.around variety: Mr. Miron and […]
Meta asks judge to dismiss FTC antitrust case
Mehta announced Friday that the Federal Trade Commission (FTC) has failed to prove that its acquisitions of Instagram and WhatsApp harmed consumers in an antitrust case against the social media giant. asked a federal judge to dismiss the lawsuit. “From the outset, the FTC has not stated a plausible case and has done nothing to […]
Jon Stewart says Apple asked him not to interview FTC’s Lina Khan amid antitrust scrutiny
Comedian Jon Stewart has revealed that Apple once blocked a planned interview with Federal Trade Commission Chairman Lina Khan, when she was still hosting a show on the tech giant’s streaming service. The comedian said Monday’s interview on “The Daily Show” with Khan, a prominent antitrust advocate who took control of the FTC in 2021 […]
The Biden administration is picking winners and losers in Apple’s antitrust case
Do you believe the Biden administration will decide economic winners and losers? That’s what’s at stake with the Justice Department’s new policy. Antitrust lawsuit against Apple. Instead of looking out for taxpayers, the department wants to let multibillion-dollar companies freeload Apple’s business model and damage the devices you use every day. Antitrust law was enforced […]