Latest Monopoly and antitrust News
Google muscles up with Fitbit deal amid antitrust concerns
SAN RAMON, Calif. (AP) — Google has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit, a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining its power. Thursday's completion of the acquisition comes...
Connecticut probing Amazon's e-book deals with publishers
HARTFORD, Conn. (AP) — Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday. Tong released only a few details of the probe. He said the state attorney general's...
Visa, Plaid call off merger following antitrust pressure
CHARLOTTE, N.C. (AP) — Visa Inc. on Tuesday called off its planned $5.3 billion purchase of payment-processing technology company Plaid, citing the Justice Department's antitrust lawsuit filed last year to block the deal. Plaid provides the infrastructure that allows consumers and businesses to make...
Emmert: NCAA still expecting to get pay issue done in '21
NCAA President Mark Emmert expressed frustration Tuesday with the delay in moving ahead with proposals surrounding athletes' ability to make money and to freely transfer to another school and said he remains committed to getting those things done in 2021. Emmert's remarks came during his state of college...
NCAA D1 Council holds off on athlete compensation, transfers
The NCAA delayed votes on legislation that would permit college athletes to cash in on their popularity for the first time and to transfer to another school without having to sit out one year. The issues, originally scheduled to be voted on by the Division I Council on Monday, were expected to be the main...
After DOJ warning, NCAA to delay vote on compensation rules
MIAMI (AP) — The NCAA is set to delay a potential landmark vote on legislation that would permit college athletes to be compensated for their fame for the first time after the association received a warning from the Department of Justice about potential antitrust violations. NCAA President Mark Emmert on...
Vegas newspapers back in court in joint operations dispute
LAS VEGAS (AP) — The rival daily newspapers in Nevada’s largest city are trading new broadsides in their years-long legal fight over one of the last remaining joint-operating agreements in the U.S. Attorneys for the Las Vegas Review-Journal and Las Vegas Sun went before a federal magistrate judge...
After top staff exodus, Texas AG seeks $43M for Google suit
DALLAS (AP) — The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left the Republican seeking $43 million in public funds to replace some of them with outside lawyers to lead a high-profile antitrust lawsuit against Google....
Google rejects DOJ antitrust claims in court filing
Google is pushing back in court this week on antitrust claims brought against it by the Justice Department two months ago. In a legal filing with the U.S. District Court for the District of Columbia, Google denied or partially rejected almost 200 specific complaints against it. On only one count, that Google was...
Google's antitrust case won't go to trial until Sept. 2023
SAN RAMON, Calif. (AP) — The U.S. government's attempt to prove Google has been using its dominance of online search to stifle competition and innovation at the expense of consumers and advertisers won't go to trial for nearly three years. U.S. District Judge Amit Mehta on Friday set a tentative trial date...
LOADING MORE STORIES
