Justice Department accuses Visa of monopolizing debit market in antitrust lawsuit
The Department of Justice on Tuesday filed a lawsuit against credit card company Visa, alleging that the company is illegally maintaining a monopoly on the debit card market. The Justice Department alleges that Visa restricts competition by entering into exclusive agreements with retailers and banks, forcing them to conduct most or all of their transactions […]
Justice Department sues Live Nation, Ticketmaster for allegedly monopolizing live entertainment industry
The Justice Department on Thursday sued Ticketmaster and its parent company, Live Nation, accusing the ticket sellers of stifling competition in the live entertainment industry. The Justice Department, which filed the antitrust lawsuit with 30 state and local attorneys general, said Ticketmaster and Live Nation’s anticompetitive practices deprived American music fans of innovation in ticket […]
Proposed class action lawsuit alleges Apple monopolizing cloud storage for its devices
Apple faces a proposal class action lawsuit The company claims it has an illegal monopoly over its customers’ digital storage. The lawsuit, filed Friday, alleges the “surgical” restrictions effectively prevent customers from using services outside of the iCloud storage system. iCloud is the only service that can host certain data from your company’s phones, tablets, […]