Latest Monopoly and antitrust News

Judge says trial is required to decide government's antitrust case over Google's advertising tech

Jun. 14, 2024 12:56 PM EDT

ALEXANDRIA, Va. (AP) — A federal judge on Friday said the government's antitrust case against Google over its advertising technology will go to trial in September, rejecting both sides' request to rule in their favor as a matter of law. The Justice Department and Google had been...

Judge rather than jury will render verdict in upcoming antitrust trial

Jun. 07, 2024 13:25 PM EDT

ALEXANDRIA, Va. (AP) — A judge rather than a jury will decide whether Google violated federal antitrust laws by building a monopoly on the technology that powers online advertising. The decision Friday by U.S. District Judge Leonie Brinkema was a defeat for the Justice Department,...

Class-action lawsuit against NFL by 'Sunday Ticket' subscribers gets underway

Jun. 06, 2024 20:08 PM EDT

LOS ANGELES (AP) — A class-action lawsuit filed by “Sunday Ticket” subscribers claiming the NFL broke antitrust laws got underway in federal court Thursday with the league's attorney telling jurors that fans have a choice when it comes to watching games and the “Sunday Ticket” package is...

ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise

May. 29, 2024 11:53 AM EDT

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits. The deal is valued at $22.5 billion when including $5.4 billion in debt. Crude prices have jumped more...

Government sues Ticketmaster owner and asks court to break up company's monopoly on live events

May. 23, 2024 21:35 PM EDT

WASHINGTON (AP) — The Justice Department sued Ticketmaster and its parent company Thursday, accusing them of running an illegal monopoly over live events in America and asking a court to break up the system that squelches competition and drives up prices for fans. Filed in federal...

NCAA votes to accept $2.8 billion settlement that could usher in dramatic change for college sports

May. 23, 2024 17:55 PM EDT

The NCAA and Southeastern Conference leadership have approved a $2.8 billion settlement of antitrust claims, moving college athletics closer to some of the most sweeping changes in its history. The SEC became the latest league to agree to the proposal when its presidents and...

Ticketmaster Timeline: A running list of clashes between the event organizer, fans and artists

May. 23, 2024 12:54 PM EDT

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. Here’s a...

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...