Latest Monopoly and antitrust News
Judge denies Houston Christian's objection to NCAA's $2.77 billion antitrust settlement agreement
A federal judged has denied the first objection to a $2.77 billion settlement of antitrust lawsuits facing the NCAA and five power conferences, ruling against Houston Christian University's motion to intervene on Wednesday. The small private school that has been a member of NCAA's...
Attorney: Full settlement agreement of antitrust lawsuits involving NCAA expected to be filed Friday
The full settlement agreement of antitrust lawsuits involving the NCAA and college sports' wealthiest conferences is expected to be filed with a federal court by the end of the week, an attorney for the defendants told The Associated Press on Tuesday. “I expect that we will file...
US senators call out Big Tech's new approach to poaching talent, products from smaller AI startups
In the race to stay ahead in artificial intelligence, the biggest technology companies are swallowing up the talent and products of innovative AI startups without formally acquiring them. Now three members of the U.S. Senate are calling for an investigation. San...
EU accepts Apple pledge to let rivals access 'tap to pay' iPhone tech to resolve antitrust case
LONDON (AP) — The European Union on Thursday accepted Apple’s pledge to open its “tap to pay” iPhone payment system to rivals as a way to resolve an antitrust case and head off a potentially hefty fine. The European Commission, the EU's executive arm and top antitrust...
NFL is liable for $4,707,259,944.64 in 'Sunday Ticket' case
LOS ANGELES (AP) — The damages a federal jury has ordered the NFL to pay for violating antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service is $4,707,259,944.64. The figures from the June 27 judgment against the NFL were listed on...
Appeals court rejects Broadway producer's antitrust claim against actors' and stage managers' union
NEW YORK (AP) — An appeals court on Tuesday rejected an appeal by a Tony Award-winning producer who claims that a union for actors and stage managers organized an illegal boycott that prevented him from producing live Broadway shows. The 2nd U.S. Circuit Court of Appeals in...
There are 4.8 billion reasons why other leagues are watching the fallout from 'Sunday Ticket' case
LOS ANGELES (AP) — Professional sports leagues have 4.8 billion reasons to review how they distribute out-of-market broadcasts after Thursday's judgement against the NFL in the “Sunday Ticket” case in U.S. District Court. “It’s going to require other leagues to take a close...
European Union's competition boss signals fresh AI scrutiny for Microsoft-OpenAI deal and Google
LONDON (AP) — The European Union is escalating its scrutiny of the artificial intelligence industry, including taking a fresh look into Microsoft's multibillion-dollar partnership with OpenAI, a top EU official said Friday. The European Commission, the bloc's executive arm,...
Here's what you need to know about the verdict in the 'NFL Sunday Ticket' trial and what's next
LOS ANGELES (AP) — The NFL has been found guilty of breaking antitrust laws in its distribution of out-of-market Sunday afternoon games on the “Sunday Ticket” premium subscription service. Even though the jury of five men and three women in a U.S. District Court awarded nearly...
Jury orders NFL to pay nearly $4.8 billion in 'Sunday Ticket' case for violating antitrust laws
LOS ANGELES (AP) — A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that the league violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service. The jury awarded $4.7 billion...
