Latest Monopoly and antitrust News
Google's moneymaking machine still pumping out massive profits despite multiple threats
SAN FRANCISCO (AP) — Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire. The latest evidence of Google’s prosperity emerged Tuesday with the release of its corporate...
US considers asking court to break up Google as it weighs remedies in the antitrust case
The U.S. Department of Justice is considering asking a federal judge to break up Google after its ubiquitous search engine was declared an illegal monopoly, but it is just one of many possible remedies under review, according to a court filing. In court papers filed late Tuesday,...
Google loses final EU court appeal against 2.4 billion euro fine in antitrust shopping case
LONDON (AP) — Google lost its final legal challenge on Tuesday against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a long-running antitrust case that came with a whopping fine. The European...
Federal judge orders Google to open its Android app store to competition
SAN FRANCISCO (AP) — A federal judge on Monday ordered Google to tear down the digital walls shielding its Android app store from competition as punishment for maintaining an illegal monopoly that helped expand the company's internet empire. The injunction issued by U.S. District...
Judge rules the FTC can proceed with antitrust lawsuit against Amazon, tosses out few state claims
A federal judge said the Federal Trade Commission can proceed with its landmark antitrust lawsuit against Amazon. But, he also gave the company a small victory by tossing out a few claims made by states involved in the legal fight. The order, issued last week by Judge John H. Chun...
Google expert at antitrust trial says government underestimates competition for online ad dollars
ALEXANDRIA, Va. (AP) — Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces, an expert hired by Google testified Thursday. Mark Israel, an...
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
NEW YORK (AP) — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars. The complaint...
Google begins its defense in antitrust case alleging monopoly over advertising technology
ALEXANDRIA, Va. (AP) — Google opened its defense against allegations that it holds an illegal monopoly on online advertising technology Friday with witness testimony saying the industry is vastly more complex and competitive than portrayed by the federal government. “The...
At Google antitrust trial, documents say one thing. The tech giant's witnesses say different
ALEXANDRIA, Va. (AP) — The judge who will decide whether Google holds a monopoly over technology that matches buyers and sellers of online advertising must choose whether to believe what Google executives wrote or what they have said on the witness stand. The Justice Department is...
Pennsylvania state senator sues critics of his book about WWI hero Sgt. York
HARRISBURG, Pa. (AP) — A Pennsylvania state senator and former GOP gubernatorial candidate whose support for Donald Trump drew him to the U.S. Capitol on Jan. 6 has sued a Canadian university and nearly two dozen academics over criticism of him and his research into World War I hero Sgt. Alvin...
