Latest Monopoly and antitrust News

In this Nov. 18, 2019, photo Sally Hubbard, the director of enforcement strategy at Open Markets Institute, talks during an interview in New York. Hubbard is an antitrust expert who is director of enforcement strategy at the Open Markets Institute, whose central mission is to call attention to the risks of corporate monopolization. (AP Photo/Mark Lennihan)

Insider Q&A: Antitrust expert looks for strong enforcement

Jan. 12, 2020 11:43 AM EST

WASHINGTON (AP) — Sally Hubbard is an antitrust expert who is director of enforcement strategy at the Open Markets Institute, whose central mission is to call attention to the risks of corporate monopolization. Hubbard previously served as an assistant attorney general in the antitrust bureau of New York...

File-This 1968 file photo shows St. Louis Cardinals outfielder Curt Flood. Flood set off the free-agent revolution 50 years ago Tuesday, Dec. 24, 2019, with a 128-word  letter to baseball Commissioner Bowie Kuhn, two paragraphs that pretty much ended the career of a World Series champion regarded as among the sport's stars but united a union behind his cause. (AP Photo/File)

Curt Flood set off the free-agent revolution 50 years ago

Dec. 24, 2019 5:17 PM EST

NEW YORK (AP) — Curt Flood set off the free-agent revolution 50 years ago Tuesday with a 128-word letter to baseball Commissioner Bowie Kuhn, two paragraphs that pretty much ended the career of a World Series champion regarded as among the sport's stars but united a union behind his cause. St. Louis had...

California Attorney General Xavier Becerra, right, is joined by senior adviser Melanie Fontes-Rainer, left, during a news conference in Sacramento, Calif. on Friday, Dec. 20, 2019. One of Northern California's largest health systems is paying $575 million to settle claims that it used anti-competitive practices to bump up costs for patients. Becerra on Friday called the settlement with Sutter Health one of the nation's largest actions against anti-competitive conduct in the health care marketplace. (AP Photo/Don Thompson)

Health system pays $575 million to settle anti-trust lawsuit

Dec. 20, 2019 5:58 PM EST

SACRAMENTO, Calif. (AP) — One of Northern California's largest health systems will pay $575 million to settle claims that it used anti-competitive practices to bump up costs for patients, the state's attorney general said Friday, though that falls short of damages sought in a related private lawsuit that...

FILE - In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif. Google plans offer checking accounts run by Citigroup and a credit union, according to a report by The Wall Street Journal. (AP Photo/Jeff Chiu, File)

UK opens inquiry into Google's takeover of data company

Dec. 17, 2019 6:39 AM EST

LONDON (AP) — Britain's competition watchdog said Tuesday it launched a formal inquiry into Google's takeover of cloud data analytics company Looker Data Sciences, as it intensifies scrutiny of technology deals. The Competition and Markets Authority said it had notified the two companies on Monday that it...

FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.”  (AP Photo/Bebeto Matthews, File)

T-Mobile CEO says if Sprint deal fails, prices may go up

Dec. 12, 2019 8:15 PM EST

NEW YORK (AP) — T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” Legere's testimony came on the fourth day of a...

FILE - In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. T-Mobile, in its attempt to buy Sprint for $26.5 billion, shrinking the major wireless companies to three from four and creating another phone giant to rival AT&T and Verizon, has already notched approvals from federal national-security, telecommunications and antitrust regulators. Now it must convince a federal court judge in New York that the 14 state attorneys general suing to stop its deal are wrong. (AP Photo/Mark Lennihan, File)

Sprint exec messages suggest T-Mobile deal may boost prices

Dec. 9, 2019 6:32 PM EST

NEW YORK (AP) — Messages by a Sprint executive revealed in federal court suggested he thought an acquisition by T-Mobile might push up mobile-service prices for consumers, undercutting T-Mobile's argument that its deal will benefit Americans. The text messages, presented by attorneys for a coalition of...

FILE - In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. T-Mobile, in its attempt to buy Sprint for $26.5 billion, shrinking the major wireless companies to three from four and creating another phone giant to rival AT&T and Verizon, has already notched approvals from federal national-security, telecommunications and antitrust regulators. Now it must convince a federal court judge in New York that the 14 state attorneys general suing to stop its deal are wrong. (AP Photo/Mark Lennihan, File)

State AGs look to head off T-Mobile-Sprint deal in court

Dec. 6, 2019 3:22 PM EST

NEW YORK (AP) — A high-drama telecom deal is heading to court. T-Mobile, in its attempt to buy Sprint for $26.5 billion, has already notched approvals from key federal regulators. Now it must convince a federal judge that the 14 state attorneys general suing to stop the deal are wrong. A trial starts...

FILE - This Dec. 17, 2015 file photo shows a sign outside the building housing the Las Vegas Review-Journal in Las Vegas. A Nevada judge has upheld an arbitrator's finding in a hard-fought legal battle, ruling that the Review-Journal, the dominant newspaper in Las Vegas, has to submit to an audit and pay its crosstown rival and joint-operating agreement partner, the Las Vegas Sun, expenses that have been withheld in recent years. (AP Photo/John Locher, File)

Judge upholds arbitration in Las Vegas newspaper battle

Dec. 5, 2019 2:32 PM EST

LAS VEGAS (AP) — A Nevada judge has upheld an arbitrator’s finding in an ongoing legal battle over one of the few remaining U.S. newspaper joint-operating agreements, ruling that the dominant Las Vegas Review-Journal has to submit to an audit and pay profits and expenses that its crosstown rival Las...

FILE - In this Nov. 2, 2015, file photo Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco.  Google co-founders Larry Page and Sergey Brin are stepping down from their roles within the parent company, Alphabet. Page who had been serving as CEO of Alphabet, and Brin, who had been president of Alphabet, will remain on the board of the company (AP Photo/Jeff Chiu, File)

Google co-founders step aside as antitrust scrutiny heats up

Dec. 4, 2019 3:44 PM EST

SAN FRANCISCO (AP) — Google’s co-founders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress, are taking a keen interest in the possible abuse of its privacy practices and market power. But their long foreshadowed...

UK probes Google’s Looker purchase over competition concerns

Dec. 2, 2019 7:53 AM EST

LONDON (AP) — Britain’s competition watchdog says it’s investigating Google’s purchase of cloud data analytics company Looker Data Sciences, adding to the regulatory pressures the U.S. tech giant is facing. The Competition and Markets Authority said Monday that it has invited...