European Retailers Aim to Pursue Antitrust Action Against Mastercard and Visa
A coalition of trade associations representing European retailers has approached the European Commission regarding concerns about Mastercard and Visa. They allege that these companies impose high fees and lack transparency in their pricing, which is against EU antitrust rules. In a letter sent to the Commission’s antitrust chief on May 13, the associations requested stronger […]
Meta Encouraged Big Tech Critic to Offer Support Before FTC Antitrust Trial
The Media Research Center (MRC) alleges that Mark Zuckerberg’s Meta attempted to court a well-known conservative watchdog group just before its significant antitrust trial with the FTC, which aims to reverse the acquisitions of Instagram and WhatsApp. Multiple sources indicate that Meta officials reached out to MRC executive Schneider in early April, coinciding with the […]
Apple Supports $20 Billion Agreement in Google Search Antitrust Case
Eddy Cue, Apple’s senior vice president for Services, defended the company’s $20 billion annual agreement with Google during the recent antitrust trial in Washington, D.C. He also stated that significant advancements in AI could disrupt Google’s search dominance more effectively than any court ruling. In an ongoing trial regarding the Department of Justice’s successful antitrust […]
FTC Calls Instagram a Safe Haven for Groomers at Meta Antitrust Trial
FTC Highlights Instagram’s Risks for Minors in Ongoing Antitrust Trial Internal documents from Instagram, shared by the FTC during its antitrust case against Meta, reveal that an automated algorithm on the platform suggests connections between children and potential predators. The 2019 report, titled “Inappropriate Interactions with Children on Instagram,” outlines how this recommendation system facilitates […]
Federal Judge Blasts Apple for ‘Willfully’ Violating Antitrust Order, Refers Case to Criminal Prosecutors
Amid a significant legal setback for Apple, a federal judge has denounced tech giant and CEO Tim Cook for “willfully violating” an injunction previously issued in the long-term App Store antitrust law. Now, the judge has ordered Apple to stop collecting large fees for payments made outside the App Store. Wall Street Journal Report Federal […]
Judge slams Apple for defying antitrust ruling, rips CEO Tim Cook
After a federal judge ruled that the tech giant violated an antitrust order related to the restrictions on the App Store, Apple faced the possibility of criminal charges and picked out CEO Tim Cook, who allegedly refused to advise an agent to comply with the award. In Wednesday's explosive decision, US District Judge Yvonne Gonzalez […]
Zuckerberg’s Trillion-Dollar Meta Empire Sits On Razor’s Edge As Antitrust Case Rolls On
The Federal Trade Commission (FTC) last week opened a federal anti-trust assault that threatened to rip off Mark Zuckerberg’s sign empire. Trial Cap is a legal battle for nearly five years over regulatory authorities Claim That meta crushed the competition and illegally established social media hegemony by acquiring Instagram and WhatsApp over a decade ago. […]
Google reports strong earnings amid DoJ antitrust lawsuits and Trump tariffs | Alphabet
Google’s parent company Alphabet reported strong Despite being caught up in antitrust laws brought by the US government, revenues for the first quarter on Thursday The stock price has fallen 17% since the start of the year. This is The company’s first revenue report since Donald Trump imposed tariffs on trading partners around the world. […]
Apple, Meta fined for breaking EU antitrust rules
Facebook and Instagram parent companies Apple and Meta were fined together on Tuesday for breaking antitrust rules in the European Union’s digital market. The European Commission violated the Digital Markets Act (DMA) by fines Apple 500 million euros, or about $570 million, and blocking app developers from customers to alternatives other than the iPhone’s App […]
Google search antitrust remedy must address AI, DOJ warns while seeking historic breakup
Justice Department lawyers warned that Google’s search advantage is rippling into the AI race. This threatens to crush rivals as the groundbreaking antitrust relief phase began Monday against the high-tech giant. Google has already used artificial intelligence as a “way to access search” and will continue to do so without government intervention, DOJ lawyer David […]