A Virginia district court on April 28 rejected Google’s request to dismiss an antitrust lawsuit filed by the Department of Justice (DOJ) about the company’s advertising business. The lawsuit, filed in the U.S. District Court for the Eastern District of Virginia, accuses Google of monopolizing key digital advertising technologies, known as the “ad tech stack,” […]
Nine states on Monday joined eight others in a lawsuit filed by the Department of Justice against Google for allegedly monopolizing multiple digital advertising technology products. The amended lawsuit was filed in the U.S. District Court for the Eastern District of Virginia. It accuses Google of monopolizing key digital advertising technologies, known as the “ad […]
The U.S. Senate Judiciary Committee’s Subcommittee on Competition Policy, Antitrust, and Consumer Rights holds a hearing at 3:00 p.m. ET on March 7 on “Reining in Dominant Digital Platforms: Restoring Competition to Our Digital Markets.” Fiona M. Scott Morton, Yale School of Management professor of economics; Chris Lewis, president and CEO of Public Knowledge; Daniel […]
U.S. Attorney General Merrick Garland makes an announcement about an antitrust matter at 2:00 p.m. ET on Jan. 24, accompanied by Associate Attorney General Vanita Gupta and Assistant Attorney General Jonathan Kanter. The Epoch Times will livestream the event.
Facebook parent company Meta has been warned by the European Commission that it has breached antitrust violations by distorting competition in the markets for online classified ads. The European Commission confirmed that it is investigating Meta’s practices on Monday when it released a statement of objections to the U.S. multinational technology company. “[Meta’s ]flagship product […]
Six Republicans on the House Judiciary Committee have launched an investigation looking into whether major climate groups are violating federal antitrust laws in their effort to push the “environmental, social, and governance” (ESG) agenda. Their concerns were raised in a letter dated Dec. 6 to two executives on the steering committee for investor group Climate […]
SAN FRANCISCO—Apple and the company behind the video game Fortnite squared off Monday before three federal appellate judges who will render the next decision in a high-stakes battle over whether Apple created an illegal monopoly via its exclusive control of its iPhone app store. Such monopolies typically stifle competition and drive up consumer prices. The […]
WASHINGTON—Seven directors on the boards of five companies have resigned because of the Justice Department’s concerns over the directors holding similar board positions at rival companies, the department said on Wednesday. Three directors resigned from the board of IT management software company SolarWinds Corp., one because the person was on the boards of both SolarWinds […]
WASHINGTON—A big group of states, led by New York, argued to an appeals court Monday that it should reinstate an antitrust lawsuit against Meta’s Facebook because of ongoing harm from the company’s actions and because the states had not waited too long to file their complaint. Barbara Underwood, solicitor general of New York which led […]
BRUSSELS—Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals’ access to its technology used for mobile wallets. This marks the second EU charge against Apple after EU regulators last year accused the company of distorting competition […]
