competition
Washington (AFP) - The US Department of Justice filed a major antitrust lawsuit Thursday seeking to break up an alleged monopoly in the live music industry between concert promoter Live Nation Entertainment and its subsidiary, bookings website Ticketmaster. The lawsuit, filed in a federal court in New York, claims that Live Nation has abused its dominant market position to raise ticket fees, squeeze out competitors and limit choices for fans, venues and artists. "Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the Un...
AFP
Washington (AFP) - A US judge on Thursday pushed against the central pleas of both US government and Google lawyers as he heard their closing arguments at a landmark antitrust trial in Washington. Federal Judge Amit Mehta, whose decision is not expected until later in the year, raised his questions during two days of hearings that come six months after the conclusion of testimony. The case is the first of five major lawsuits by the US government to reach trial, with Meta, Amazon, Apple and a separate case against Google also heading for federal court. The trial is the first time the US Departm...
AFP
Washington (AFP) - After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business. Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split up. The most recent came in March against Apple by the FTC, which alleges the iPhone...
AFP
Washington (AFP) - Call it a "walled garden" or an ecosystem, but at the heart of Thursday's blockbuster US lawsuit against Apple are the many ways the company gets customers to remain faithful to its products. Apple versus PCsVery early on in its nearly half-century history, Apple made a decision that its products were to stand out alone and shouldn't be combined with products from other companies. With fans touting its better design and easier interface, Apple computers often drew the vitriol of PC users who equated its products as a technological straitjacket, denying users flexibility to a...
AFP
Washington (AFP) - The US Department of Justice sued Apple on Thursday, accusing the tech giant of illegally maintaining a monopoly for its iPhone by stifling competition and imposing exorbitant costs on consumers. The lawsuit, also brought by multiple US states, said Apple raked in hundreds of billions of dollars by allegedly making it difficult for consumers to switch to cheaper smartphones and devices. The long anticipated case against Apple sees the company founded by Steve Jobs in 1976 clash with Washington after largely escaping US government scrutiny for nearly a half century. It joins ...
AFP
Washington (AFP) - Amazon on Monday said it was dropping its plans to buy the iRobot vacuum maker after the EU's antitrust authority objected to the plan over competition concerns. The news sent shares in iRobot into a tailspin, and the device maker followed the announcement of the failed deal with a restructuring plan that would see 350 jobs, or 30 percent of the company, laid off and the departure of its CEO. "We're disappointed that Amazon's acquisition of iRobot could not proceed," said David Zapolsky, Amazon SVP and General Counsel. The EU in July opened an antitrust investigation into Am...
AFP
Washington (AFP) - A top US antitrust regulator on Thursday said it was probing investments made by Microsoft, Google and Amazon into generative AI startups OpenAI and Anthropic. The move is part of efforts by authorities to make sure regulatory oversight can keep up with developments in artificial intelligence and stop major players shutting out competitors in a field promising upheaval in multiple sectors. "Our study will shed light on whether investments and partnerships pursued by dominant companies risk distorting innovation and undermining fair competition," said Lina Khan, head of the F...
AFP
Washington (AFP) - A top US antitrust regulator sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals. The highly anticipated lawsuit is another test for the Biden administration as it tries to curb the power of big tech in the face of pushback from US courtrooms. "Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies," said Federal Trade Commission Chair Lina Khan. The FTC, which was joined by 17 US states in the case, said Amazon broke...
AFP
Washington (AFP) - The US government on Tuesday accused Google of paying out $10 billion a year to Apple and other firms in order to safeguard its monopoly over online search. The accusation came on the opening day of a landmark trial that is the biggest antitrust case in the United States in more than two decades. "This case is about the future of the internet and whether Google will ever face meaningful competition in search," said Justice Department lawyer Kenneth Dintzer as the United States government began making its case against the tech titan. Over 10-weeks and with dozens of witnesses...
AFP
Washington (AFP) - Google faces its biggest ever legal challenge in a Washington court on Tuesday, as it fends off accusations from the US government that it acted unlawfully to build its overwhelming dominance of online search. Over ten weeks of testimony involving more than 100 witnesses, Google will try to persuade a federal judge that the landmark case brought by the Department of Justice is without merit. The trial is the biggest US antitrust case against a big tech company since the same department took on Microsoft more than two decades ago over the dominance of its Windows operating sy...
AFP
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