Latest Monopoly and antitrust News

Epic Games appeals ruling in lawsuit alleging Apple monopoly

Sep. 12, 2021 17:29 PM EDT

Epic Games filed notice that is appealing a federal judge's decision in a lawsuit alleging that Apple has been running an illegal monopoly that stifles competition. The maker of the popular Fortnite video game said in a court filing Sunday that it will take the ruling to...

Facebook slams UK antitrust watchdog over call to sell Giphy

Sep. 08, 2021 12:22 PM EDT

LONDON (AP) — Facebook has criticized the U.K. competition watchdog's provisional decision ordering that it sell off Giphy because it said the acquisition of the company stifles competition for animated images. The social network's strongly worded response to the...

Editorial Roundup: Wisconsin

Sep. 01, 2021 12:40 PM EDT

Eau Claire Leader-Telegram. August 30, 2021. Editorial: Plans needed to aid refugees While the final numbers probably won’t be released for a while, it’s clear that Wisconsin is playing a significant role in helping Afghan evacuees following the...

South Korea bans Google, Apple payment monopolies

Aug. 31, 2021 11:47 AM EDT

SEOUL, South Korea (AP) — South Korea’s National Assembly approved legislation on Tuesday that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems. South Korea is reportedly the first country in the world to...

Govt sharpens antitrust attack against Facebook with filing

Aug. 19, 2021 18:39 PM EDT

WASHINGTON (AP) — Federal regulators have sharpened their antitrust attack against Facebook, alleging in a revised complaint Thursday that the social network giant pursued a laser-focused strategy to “buy or bury" rivals to suppress competition. It is the Federal...

Data service sued for facilitating anti-competitive behavior

Aug. 07, 2021 01:06 AM EDT

In the mid-2000s, a poultry researcher approached James MacDonald, then a branch chief for the U.S. Department of Agriculture’s Economic Research Service, with some data. Its detail and depth shocked him. “My reaction was, ‘Jeez, is this legal?’” MacDonald said....

FTC official raps Facebook for booting political ads probe

Aug. 05, 2021 21:35 PM EDT

WASHINGTON (AP) — A senior Federal Trade Commission official is criticizing Facebook’s move to shut down the personal accounts of two academic researchers and terminate their probe into misinformation spread through political ads on the social network. Facebook...

White House lauds end to Aon-Willis deal in antitrust push

Jul. 27, 2021 14:36 PM EDT

The White house on Tuesday lauded the termination of a proposed $30 billion tie-up between Aon and Willis Towers Watson that would have created the largest insurance broker in the world. Last month, the Justice Department sued to block the all-stock deal, saying that it...

Agency pledges tough action to buttress 'right to repair'

Jul. 21, 2021 17:14 PM EDT

WASHINGTON (AP) — Americans would be freer to repair their broken cellphones, computers, videogame consoles and even tractors themselves, or to use independent repair shops, under changes being eyed by federal regulators. The regulators maintain that restrictions have...

Pandemic, penalties aside, bribes go on at China hospitals

Jul. 20, 2021 18:12 PM EDT

As the coronavirus pandemic threatened to overwhelm Chinese hospitals last year, Chinese resellers appear to have colluded to inflate the prices of ventilators and other essential medical equipment from multinational companies including Siemens, GE and Philips, according to a review of recent...