Meta CEO Zuckerberg considered spinning off Instagram in 2018 over antitrust worries, email says
The email was shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.
antitrust
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Is some continuity in antitrust policy possible under Trump?
Many Indiana attorneys expect there to be a continuity of enforcement in at least some areas, such as Big Tech, health care and mergers and acquisitions.
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‘This is huge’: SCOTUS hears college athletes’ pay arguments in landmark NCAA case
As March Madness was wrapping up in Indianapolis, United States Supreme Court justices heard oral argument in a monumental compensation case that sports law experts anticipate will forever change the landscape of college athletics — including the nation’s most beloved and profitable college basketball competition.
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Zuckerberg tells court Meta faces broader competition than FTC says
In federal court Monday, Meta CEO Mark Zuckerberg rejected the Federal Trade Commission’s claim that the social media giant maintains a monopoly.
Federal judge halts proposed supermarket merger between Kroger and Albertsons
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, seeking to block the $24.6 billion deal.
Could widespread legal angst lead to changes for Live Nation?
Indiana and 38 other states have joined a U.S. Department of Justice antitrust lawsuit against concert promoter Live Nation and its ticketing subsidiary Ticketmaster, leading some experts to wonder if the sheer volume of support for the lawsuit could lead to significant change for the ticketing and concert industry.
Terre Haute’s Union Health withdraws application for hospital acquisition
While Union Health withdrew its application to acquire Terre Haute Regional Hospital, the health system said Monday the two parties will continue to work toward completing the deal, though an estimated timeline was not given.
US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.
FTC is preparing to investigate Microsoft’s cloud business
The Federal Trade Commission is planning to launch an investigation into Microsoft’s cloud software business over alleged anticompetitive practices, as the Democratic-led agency tries to cement a legacy of aggressive regulation during President Joe Biden’s final weeks in office.
FTC objection to proposed Terre Haute hospital merger centers on controversial state law
Certificates of public advantage, or COPAs, are a relatively new feature of Indiana law with specific language on when and where the Indiana Department of Health can grant them for a hospital merger.
McDonald’s lawsuit accuses beef suppliers of price fixing
McDonald’s is suing some of its suppliers over allegations they conspired to sell the fast-food chain beef at artificially inflated prices, in violation of federal antitrust laws, according to a new lawsuit Friday.
Department of Justice sues Visa, saying the card issuer monopolizes debit card markets
The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars.
Google wins legal bid to overturn 1.5 billion euro antitrust fine
The European Union’s General Court said it was throwing out the 2019 penalty imposed by the European Commission, which is the 27-nation bloc’s top antitrust enforcer.
A state’s experience with grocery chain mergers spurs a fight to stop Albertsons’ deal with Kroger
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
Google faces new antitrust trial after ruling declaring search engine a monopoly
One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology.
Judge questions restrictions on booster payments to athletes in $2.78B NCAA settlement
A federal judge on Thursday probed the terms of a proposed $2.78 billion settlement of antitrust lawsuits against the Indianapolis-based NCAA and major conferences and revealed a potential snag in the deal, questioning whether payments to college athletes from booster-funded organizations should be restricted.
U.S. antitrust case alleges rent collusion enabled by tech firm’s software
The Justice Department and attorneys general from eight states are suing a Texas-based software company accused of using complex algorithms to enable widespread collusion in rents by landlords.
Antitrust enforcers to investigate leading AI companies Microsoft, Nvidia, OpenAI
U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions.
Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans.
Justice Department to hit concert promoter Live Nation with antitrust suit
Performers, politicians, scholars, rival promoters and other ticket sellers argue that Live Nation wields far too much power in the live entertainment industry.
Apple has kept an illegal monopoly over smartphones, antitrust suit says
The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation.
Supreme Court rebuffs Apple’s appeal on app payments, threatening billions in revenue
The U.S. Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple’s grip on its lucrative iPhone app store, threatening to siphon billions of dollars away from one of the world’s most profitable companies.