monopoly

U.S. lawmakers want to outlaw anti-competitive practices that have created Big Tech monopolies. There’s a bipartisan consensus that a Big Tech monopoly is a threat to the economy and must be broken down.

Epic Games is facing off against Apple in court. Epic says Apple’s App Store is an illegal monopoly that charges mobile apps an unfair amount.

Markets are reacting positively after Chinese authorities fined Alibaba for allegedly limiting competition.

The U.S. Supreme Court on May 13 gave the go-ahead for a lawsuit by consumers accusing Apple Inc of monopolizing the market for iPhone software applications and forcing them to overpay, rejecting the company’s bid to escape claims that its practices violate federal antitrust law.

Ben Affleck and Matt Damon are set to produce a film about a shocking 12-year fraud case that targeted the McDonald’s Monopoly game, according to The Hollywood Reporter. It will uncover the story of a former policeman who worked to defraud the restaurant’s promotional game and control who won $24 million in prizes. Affleck will […]

Environmental group Friends of the Earth staged a protest outside the European Commission headquarters in Brussels on March 30. The protesters are against the merging plans of German drug and crop chemical maker Bayer and U.S. seeds company Monsanto. The activists called the merger a ‘marriage made in hell,’ with two people dressed up as […]

EU antitrust regulators vetoed the proposed merger of Deutsche Boerse and the London Stock Exchange on March 29. The $31.3 billion (29 billion euro) merger would have created Europe’s biggest stock exchange. It is the companies’ fifth attempt—three public and two informal—to merge. The European Commission said the merge would have created a de facto […]