The Justice Department sued Apple on Thursday, alleging the tech giant blocked software developers and mobile gaming companies from offering better options on the iPhone, resulting in higher prices for consumers.
Tag: antitrust
PGA and LIV Partnership Risks Antitrust Scrutiny
The PGA Tour and Saudi Arabia-backed challenger LIV Golf avoided calling their proposed partnership a merger. But their shock announcement is already raising serious concerns with US and European antitrust enforcers, according to people familiar with the matter.
U.S. Antitrust Enforcers Are Chilling Big Mergers
The US government’s aggressive stance on antitrust is chilling merger activity among the country’s biggest companies, with some deals never making it past the boardroom as executives fear lengthy and expensive approval processes.
FTC Is Preparing Potential Antitrust Case Against Amazon
The US Federal Trade Commission is preparing a possible lawsuit against Amazon.com Inc. that could be filed as soon as this spring.
NCAA Player Compensation Restrictions Reach Supreme Court
The Supreme Court is set to hear arguments beginning at 10 a.m. Wednesday on whether the limits the NCAA imposes on how colleges compensate their athletes violate antitrust law. The closely watched case, which comes during the men’s and women’s Division I basketball tournaments, stems from the National Collegiate Athletic Association’s appeal of lower-court rulings… Continue reading NCAA Player Compensation Restrictions Reach Supreme Court
Supreme Court to Hear NCAA Antitrust Case on College-Athlete Compensation
The Supreme Court on Wednesday agreed to consider whether the National Collegiate Athletic Association violated federal antitrust law with its efforts to keep tight limits on compensating college athletes. The court, in a brief written order, said it would hear the NCAA’s appeal of lower court rulings that found the association unlawfully limited competition for… Continue reading Supreme Court to Hear NCAA Antitrust Case on College-Athlete Compensation
Google Sued Over Abuse of Search Power, Opening Path for More Claims
A German price-comparison portal has become the first major company to sue Alphabet Inc.’s Google while invoking a 2017 European antitrust decision to fine the U.S. technology giant for abusing its dominant position in the search-engine market. If it succeeds, the litigation could spark similar actions in Europe by other tech firms that have hesitated… Continue reading Google Sued Over Abuse of Search Power, Opening Path for More Claims
Anthem, Cigna in Court Over Failed Deal
There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other billions for the deal’s failure. A Delaware judge will start the process of deciding that pricey dispute Monday in a… Continue reading Anthem, Cigna in Court Over Failed Deal