Latest Monopoly and antitrust News

Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans

May. 23, 2024 10:32 AM EDT

WASHINGTON (AP) — The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans. ...

Justice Department sues Ticketmaster and Live Nation, alleging illegal monopoly on live events drives up prices for fans

May. 23, 2024 10:32 AM EDT
WASHINGTON (AP) — Justice Department sues Ticketmaster and Live Nation, alleging illegal monopoly on live events drives up prices for fans.

Google wants judge, not jury, to decide upcoming antitrust case in Virginia

May. 17, 2024 09:50 AM EDT

Google on Thursday asked that a judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising. To bolster its case, the tech giant wrote a multimillion-dollar check to the U.S. government that it...

Attorney says settlement being considered in NCAA antitrust case could withstand future challenges

May. 13, 2024 18:19 PM EDT

One of the lead attorneys in a class-action antitrust lawsuit against the NCAA said Monday that settlement talks are progressing as a deadline looms next week for the organization and major conferences to agree to a deal that would cost billions in damages and set up a groundbreaking...

Paying college athletes appears closer than ever. How could it work and what stands in the way?

May. 06, 2024 20:32 PM EDT

A settlement being discussed in an antitrust lawsuit against the NCAA and major college conferences could cost billions and pave the way for a compensation model for college athletes. An agreement has not been finalized and many questions remain unanswered. It is also unclear if new...

Google, Justice Department make final arguments about whether search engine is a monopoly

May. 03, 2024 19:50 PM EDT

WASHINGTON (AP) — Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stakes antitrust lawsuit. Google, on...

Judge in landmark antitrust case grills Google, Justice during closing arguments

May. 02, 2024 18:29 PM EDT

WASHINGTON (AP) — The judge overseeing a pivotal antitrust trial focused on whether Google is stifling competition and innovation repeatedly indicated Thursday that he believes it would be difficult for a formidable rival search engine to emerge. U.S. District Judge Amit Mehta went...

Google and Apple now threatened by the US antitrust laws that helped build their technology empires

May. 01, 2024 09:02 AM EDT

SAN FRANCISCO (AP) — The U.S. Justice Department's double-barreled antitrust attack on Google's dominant search and Apple's trendsetting iPhone is reviving memories of the epic battle that hobbled Microsoft before it roared back to yet again become the world's most valuable company. ...

Faced with possibly paying for news, Google removes links to California news sites for some users

Apr. 12, 2024 18:39 PM EDT

SACRAMENTO, Calif. (AP) — Google on Friday began removing California news websites from some people's search results, a test that acted as a threat should the state Legislature pass a law requiring the search giant to pay media companies for linking to their content. Google...

Movie Review: ‘Food, Inc. 2’ revisits food system, sees reason for frustration and (a little) hope

Apr. 11, 2024 16:20 PM EDT

The makers of the influential 2008 documentary “Food, Inc.” never planned to make a sequel. They figured they’d said it all in their harrowing look at a broken, unsustainable food system — a system led, they argued, by a few multinational corporations whose monopoly squeezes out local...