Latest Monopoly and antitrust News
At Google antitrust trial, documents say one thing. The tech giant's witnesses say different
ALEXANDRIA, Va. (AP) — The judge who will decide whether Google holds a monopoly over technology that matches buyers and sellers of online advertising must choose whether to believe what Google executives wrote or what they have said on the witness stand. The Justice Department is...
Pennsylvania state senator sues critics of his book about WWI hero Sgt. York
HARRISBURG, Pa. (AP) — A Pennsylvania state senator and former GOP gubernatorial candidate whose support for Donald Trump drew him to the U.S. Capitol on Jan. 6 has sued a Canadian university and nearly two dozen academics over criticism of him and his research into World War I hero Sgt. Alvin...
Google wins legal bid to overturn 1.5 billion euro antitrust fine in EU digital ad case
LONDON (AP) — Google won a court challenge on Wednesday against a 1.49 billion euro ($1.66 billion) European Union antitrust fine imposed five years ago that targeted its online advertising business. The EU's General Court said it was throwing out the 2019 penalty imposed by the...
Going once, going twice: Google's millisecond ad auctions are the focus of monopoly claim
ALEXANDRIA, Va. (AP) — It happens in milliseconds, ideally, as you browse the web. Networks of computers and software analyze who you are, what you are looking at and buy and sell the advertisements you see on web pages. The company that most likely determines which ads you get,...
Google and Apple lose their court fights against the EU and owe billions in fines and taxes
LONDON (AP) — Google lost its last bid to overturn a European Union antitrust penalty, after the bloc's top court ruled against it Tuesday in a case that came with a whopping fine and helped jumpstart an era of intensifying scrutiny for Big Tech companies. The European Union’s...
Google faces a new antitrust trial after ruling declaring search engine a monopoly
ALEXANDRIA, Va. (AP) — One month after a judge declared Google's search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology. The Justice Department, joined by a coalition of...
Judge gives US regulators until December to propose penalties for Google's illegal search monopoly
A federal judge on Friday gave the U.S. Justice Department until the end of the year to outline how Google should be punished for illegally monopolizing the internet search market and then prepare to present its case for imposing the penalties next spring. The loose-ended timeline...
Judge questions restrictions on booster payments to athletes in $2.78B NCAA settlement
A federal judge on Thursday probed the terms of a proposed $2.78 billion settlement of antitrust lawsuits against the NCAA and major conferences and revealed a potential snag in the deal, questioning whether payments to college athletes from booster-funded organizations should be restricted. ...
College athlete advocacy group opposes NCAA lawsuit settlement, says it limits potential earnings
A prominent advocacy group for college athletes announced Thursday it opposes the $2.8 billion settlement agreement of antitrust litigation facing the NCAA and major college conferences, saying a plan for schools to share athletics revenue will actually limit the earning potential of the athletes....
Justice Department accuses RealPage of a scheme to help landlords hike rents in antitrust lawsuit
WASHINGTON (AP) — The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices. The lawsuit, filed alongside attorneys general in states...
