EU to Slap Mark Zuckerberg’s Meta with Record Antitrust Fine of Up to $1 Billion
The EU is poised to hit the meta of Facebook and Instagram parent company Mark Zuckerberg, with sources close to the situation, with more than $1 billion fines allegedly violating strict antitrust regulations. New York Post Report The European Commission, the EU's antitrust watchdog, is expected to conclude that the meta is not compliant with […]
Why Trump's antitrust agenda could spell trouble for Big Tech
The Trump administration has made progress in several Biden-era antitrust litigation, policy and position, and has a continuous focus on offensive antitrust enforcement that could spell out big technology troubles. Despite President Trump's seemingly close relationship with technology leaders in his second term, his administration doesn't seem keen to mess up antitrust enforcement, which has […]
Jefferson, Penn, Temple join antitrust lawsuits against IBX and other Blue Cross insurers – The Philadelphia Inquirer
Philadelphia's leading nonprofit Health System joined anti-trust lawsuits this month against IBX, Horizon and other Blue Cross Blue Shield health insurance companies. Temple University Health System, University of Pennsylvania Health System, and Philadelphia Children's Hospital have eight A non-profit healthcare system with Philadelphia-area businesses that are suing in federal courts. Thomas Jefferson University and Mainline […]
FTC to grill Mark Zuckerberg at antitrust trial as it seeks Instagram breakup amid Big Tech crackdown
The Federal Trade Commission hopes to grill meta boss Mark Zuckerberg next month in an anti-trust trial seeking to settle the Instagram acquisition. Zuckerberg is one of the key meta-executives called to testify at trial. List of witnesses submitted by FTC lawyers Court filings on Wednesday. The trial is scheduled to begin in April. The […]
Trump’s FTC moves ahead with broad antitrust probe of Microsoft: report
The Federal Trade Commission is moving forward with Microsoft's wide range of anti-trust probes held on the Biden administration's decline day. Bloomberg News reported Wednesday quotes people familiar with the issue. In recent weeks, FTC staff have continued to work on the investigation and continue to meet with businesses and other groups to gather information, […]
Google parent Alphabet’s stock sinks as Trump’s DOJ confirms push for antitrust breakup
Shares in Google Parent Alphabet plummeted nearly 5% early Monday in the first trading session as President Trump's Justice Department confirmed it was seeking to dissolve the online search giant's monopoly. The DOJ lawyers formally asked District Judge Amit Mehta to force Google to sell their Chrome web browser. Mehta decided last August that Google […]
Feds drop bid to make Google sell AI investments in antitrust case
The Justice Department on Friday dropped its proposal to force Alphabet's Google to invest in artificial intelligence companies, including Openai's competitor, humanity, to boost online search competition. According to court documents filed in Washington, a coalition of 38 state attorney generals is seeking a court order requiring Google to sell its Chrome browser and take […]
Chegg accuses Google of using AI to crush traffic, revenue in antitrust lawsuit: ‘Harmful and unsustainable’
Chegg has brought a federal antitrust law against Google. It claims that the company's use of AI-generated summaries in search engine results has crushed website traffic and revenue. In a lawsuit filed in US District Court in Washington, DC, Sundar Pichai-led Google focused on using “AI Overview” online learning platform automatically responds to user queries […]
How Trump’s antitrust officers can tackle Big Tech and keep America innovative
One of the key questions that will affect consumers across America as the Trump administration takes shape is how to deal with Biden-era antitrust laws against Google, Amazon, Meta and other tech giants . The Department of Justice and the Federal Trade Commission seem ready to regulate Mergers, acquisitions A more practical and innovative technology […]
The FTC's antitrust litigation theatrics are damaging to businesses and consumers
In baseball, it's three strikes and you're out. By that standard, the Federal Trade Commission antitrust enforcement should have gotten off the arena some time ago. When tallying losses, it is difficult to know where to start. Their Regulatory Parade of Folies includes the agency's controversial efforts Block Altria's minority investment in Juulan electronic cigarette […]