Latest Antitrust regulation News

Wisconsin newspapers sue Google, Facebook

Apr. 20, 2021 15:24 PM EDT

MILWAUKEE (AP) — A group of Wisconsin newspapers have filed a federal lawsuit claiming Google and Facebook's monopoly on digital advertising threatens the publications' existence and violates antitrust law. The lawsuit claims the internet giants' monopoly threatens the...

Chinese regulator orders Ant Group to conduct major overhaul

Apr. 12, 2021 08:48 AM EDT

HONG KONG (AP) — Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms. In a meeting Monday, the central...

Alibaba fined $2.8 billion on competition charge in China

Apr. 10, 2021 00:02 AM EDT

BEIJING (AP) — Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan ($2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries. Party...

Chinese regulator fines e-commerce giant Alibaba $2.8 billion on charges of violating anti-monopoly rules

Apr. 09, 2021 22:08 PM EDT
BEIJING (AP) — Chinese regulator fines e-commerce giant Alibaba $2.8 billion on charges of violating anti-monopoly rules.

Group seeks protections for small businesses from behemoths

Apr. 07, 2021 14:18 PM EDT

NEW YORK (AP) — A group of small and independent businesses are joining together to push for more protection against behemoth corporations threatening to stamp them out. The new coalition, named Small Business Rising, is seeking changes to federal policies that they...

Farmers file antitrust lawsuit against big ag companies

Apr. 05, 2021 22:34 PM EDT

BOISE, Idaho (AP) — A group of farmers has filed an antitrust case against several big agricultural companies, contending the companies worked together to ban e-commerce sales in order to keep prices artificially high. The farmers are seeking class-action status and...

Column: To pay or not pay college athletes is not the issue

Apr. 02, 2021 17:20 PM EDT

We should've moved on from the issue of whether to pay or not to pay at least some college athletes. Given the billions that are generated by massive television deals and 90,000-seat stadiums — not to mention those pesky antitrust laws — it should be accepted by all...

High court sympathetic to college athletes in NCAA dispute

Mar. 31, 2021 17:04 PM EDT

WASHINGTON (AP) — The Supreme Court on Wednesday seemed sympathetic to college athletes in a dispute with the NCAA over rules limiting their education-related compensation. With the March Madness basketball tournament in its final stages, the high court heard arguments...

Big Tech's outsized influence draws state-level pushback

Mar. 27, 2021 10:42 AM EDT

New York state Sen. Michael Gianaris was ecstatic when Amazon named Long Island City in 2018 as a front-runner for its new headquarters, a project that would bring 25,000 jobs and $2.5 billion in construction spending to his district in Queens. But his support faded...

Gas drilling firms repel Pennsylvania's antitrust lawsuit

Mar. 25, 2021 18:22 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania's highest court has delivered a victory for natural gas exploration firms, ruling that the state attorney general's office doesn't have authority under state law to sue them on consumer protection grounds over their mineral rights-leasing practices. ...