monopoly
By Jody Godoy NEW YORK (Reuters) -Apple asked a federal judge on Wednesday to dismiss the U.S. Department of Justice’s case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown. U.S. District Judge Julien Neals in Newark, New Jersey, heard arguments from…
In the nearly 300-page ruling, US District Judge Amit Mehta wrote that parent company Alphabet’s deals to make Google the default search engine on other platforms violated corporate competition laws while accruing billions of dollars in revenue.”Google is a monopolist, and it has acted as one to maintain its monopoly,”…
By Jody Godoy (Reuters) – Apple (NASDAQ:) could be the winner after Alphabet (NASDAQ:)’s Google lost its fight with the U.S. antitrust enforcers earlier this week, with a ruling that supports the iPhone maker’s defense in its own antitrust court battle with U.S. prosecutors, legal experts said. A federal judge…
By David Shepardson and Mike Scarcella WASHINGTON (Reuters) -A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world’s default search engine, the first big win for federal authorities taking on Big Tech’s market dominance. The ruling…
Google violated antitrust law with its online search, a federal judge ruled Monday, striking a major blow against one of the titans of the tech industry.District Judge Amit Mehta said Google’s billions in payments to keep its search engine as the default on web browsers violated US law.”After having carefully…
By Sarah N. Lynch, David Shepardson and Mike Scarcella WASHINGTON (Reuters) -The U.S. Justice Department and a group of 30 states and the District of Columbia Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists.…
The Justice Department hit Apple with an antitrust lawsuit on Thursday.The suit accuses the iPhone maker of anti-competitive tactics in the smartphone market.Here are some of the ways critics say Apple is a monopoly. The Justice Department hit Apple with a sweeping lawsuit on Thursday, accusing it of “delaying, degrading, or…