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Sep 26 2023
News
FTC, 17 states say Amazon is hiking prices by undermining competitors
The Federal Trade Commission and 17 states sued Amazon Tuesday, alleging the tech and e-commerce giant used anticompetitive and unfair strategies to illegally create a monopoly and raise prices. The FTC accused Amazon of engaging in “exclusionary conduct” on its online marketplace that promoted Amazon’s own brand, prevented other sellers from growing and stopped future competitors from getting
The Seattle TimesSep 26 2023
News
FTC's Khan, critic of Big Tech, takes on Amazon
WASHINGTON, Sept 26 (Reuters) - Federal Trade Commission Chair Lina Khan - whose agency filed a long-awaited antitrust lawsuit against Amazon.com (AMZN.O) on Tuesday - published a major academic article in 2017 arguing the online retailer had escaped antitrust scrutiny. "With its missionary zeal for consumers, Amazon has marched toward monopoly by singing the tune of contemporary antitrust,"
ReutersSep 12 2023
News
DOJ and Google clash in federal court: 'This is a monopolist flexing'
Google, the Department of Justice, and state attorneys squared off in federal court Tuesday in the biggest technology antitrust trial in years, debating whether the tech giant has unlawful market dominance in search. The three parties appeared in court in Washington, D.C., to present their opening statements to District Judge Amit Mehta. The arguments are the beginning of a weekslong trial
Washington ExaminerSep 13 2023
News
Justice Department’s Antitrust Case Against Google Opens This Week
Opening arguments took place in a D.C. courtroom Tuesday in the closely watched antitrust case brought by the federal government and 38 states and territories against Google. They accuse Google of illegally protecting its search engine monopoly by paying billions of dollars to Apple and other smartphone companies and web browsers to be their default search engine. It’s the largest antitrust
Democracy Now!Sep 12 2023
News
Landmark Google trial opens with sweeping DOJ accusations of illegal monopolization
US prosecutors opened a landmark antitrust trial against Google on Tuesday with sweeping allegations that for years the company intentionally stifled competition challenging its massive search engine, accusing the tech giant of spending billions to operate an illegal monopoly that has harmed every computer and mobile device user in the United States. In opening remarks before a federal judge
CNN (Online News)Sep 11 2023
Analysis
Meet the Obama-appointed judge who holds Google's fate in his hands
One judge may determine whether or not Google will be ruled a monopoly and face consequences for its alleged domination of the internet search sector.
Judge Amit Mehta oversees the Department of Justice's antitrust case against Google, which will focus on the government's allegations that Google has unfairly restricted competition by cutting deals to have its search engine set as the
Washington ExaminerSep 11 2023
Analysis
Explainer: Why is the US suing Google for antitrust violations?
The U.S. Justice Department and a coalition of state attorneys general on Tuesday will begin a blockbuster antitrust trial in Washington, alleging that Alphabet's (GOOGL.O) Google unlawfully abused its dominance in the search-engine market to maintain monopoly power.
Here is an explainer on the key issues in the case.
WHAT IS THE GOVERNMENT'S LEGAL THEORY?
The U.S. and its
ReutersAug 22 2023
News
How Microsoft is looking to ease UK antitrust worries over $75B Activision deal
Microsoft said it will allow Ubisoft Entertainment to distribute Activision Blizzard games — a move intended to win approval from British antitrust regulators who have held up the company’s $75 billion acquisition of the maker of popular video games including “Call of Duty,” “Guitar Hero,” and “World of Warcraft.” The announcement by Microsoft, which also agreed to relinquish exclusive cloud
New York Post (News)Sep 27 2023
Opinion
It’s fantastic that Biden is joining the UAW picket line. But he should go further
Kudos to Joe Biden for joining the United Auto Workers picket line on Tuesday. He’s the first president to join a picket line in living memory.
But he shouldn’t stop there.
He should criticize the CEOs of America’s big corporations who are now raking in more than 350 times what the average American worker is earning. Blast corporations that are monopolizing their industries.
Robert ReichSep 06 2023
News
Google reaches tentative settlement in lawsuit alleging customers were overcharged in US Play Store
Alphabet-owned Google tentatively settled a class action lawsuit on Tuesday brought by 21 million consumers claiming the company overcharged its customers on the U.S. Google Play Store in violation of U.S. federal antitrust rules, according to a court filing.
Plaintiffs said they might have spent less money on apps and had additional options without the alleged monopoly.