Latest Monopoly and antitrust News

FILE - In this Saturday, March 14, 2020 file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Appleā€™s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its tablet even more like a laptop computer. Apple says the trackpad will offer more precision than fingers in selecting text and switching between apps.  (AP Photo/Kathy Willens, File)

EU authorities open twin Apple antitrust investigations

Jun. 16, 2020 12:12 PM EDT

LONDON (AP) — European Union regulators opened two investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the EU's battle against the dominance of big tech companies. The EU's executive Commission said it formally...

This Sept. 19, 2019 photo shows Amazon CEO Jeff Bezos arriving to a news conference at the National Press Club in Washington. Bezos is willing to testify to the congressional panel investigating the market dominance of Big Tech, but along with other tech industry CEOs, lawyers for the company say, according to a published report Monday, June 15, 2020. (AP Photo/Pablo Martinez Monsivais)

Report: Bezos may testify on Big Tech, but with other CEOs

Jun. 15, 2020 4:26 PM EDT

WASHINGTON (AP) — Amazon CEO Jeff Bezos is willing to testify to the congressional panel investigating the market dominance of Big Tech, but along with other tech industry CEOs, lawyers for the company say, according to a published report Monday. Last month, leaders of the House Judiciary Committee from...

States extend price-fixing lawsuit to topical medications

Jun. 10, 2020 3:48 PM EDT

HARTFORD, Conn. (AP) — Attorneys general from 51 states and territories on Wednesday filed a third lawsuit alleging a widespread price-fixing conspiracy by generic drug manufacturers, this time involving 80 topical medications. The complaint, filed in the U.S. District Court for the District of...

FILE - In this Tuesday, Feb. 11, 2020, file photo, Rep. Anthony Gonzalez, R-Ohio, speaks during a Senate Commerce subcommittee hearing on Capitol Hill in Washington, on intercollegiate athlete compensation. Federal legislation setting guidelines for college athletes to pursue money-making opportunities could be proposed within a month, and Gonzalez, who is planning to introduce it, said Thursday, June 4, 2020, there will be no blanket antitrust exemption for the NCAA. (AP Photo/Susan Walsh, File)

Congressman: No NCAA antitrust exemption in athlete pay bill

Jun. 4, 2020 7:10 PM EDT

Federal legislation setting guidelines for college athletes to pursue money-making opportunities could be proposed within a month, and the congressman planning to introduce it said there will be no blanket antitrust exemption for the NCAA. Rep. Anthony Gonzalez, R-Ohio, said Thursday it's imperative for Congress...

FILE - This Tuesday, July 19, 2016, file photo shows the Google logo at the company's headquarters in Mountain View, Calif. Federal and state regulators in the U.S. are preparing to file antitrust lawsuits alleging Google has abused its dominance of online search and advertising to stifle competition and and boost its profits, according to a report published Friday, May 15, 2020. (AP Photo/Marcio Jose Sanchez, File)

Report: Google facing onslaught of antitrust cases in US

May. 15, 2020 8:27 PM EDT

MOUNTAIN VIEW, Calif. (AP) — Federal and state regulators in the U.S. are preparing to file antitrust lawsuits alleging Google has abused its dominance of online search and advertising to stifle competition and and boost its profits, according to a report published Friday. The Wall Street Journal cited...

Under new leadership, USSF settles 1st of 4 lawsuits

May. 15, 2020 7:49 PM EDT

CHICAGO (AP) — The U.S. Soccer Federation under new president Cindy Parlow Cone settled the first of several long-running lawsuits. The USSF and the U.S. Soccer Foundation reached an agreement that ended a lawsuit filed by the charitable organization in December 2018. Established in 1991 to receive the...