Antitrust

Analysts, investors, and experts are closely examining the potential impacts of a breakup or restructuring of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as the Department of Justice considers measures to address Google's dominance in the search market. Legal Case Against Google: Former Department...

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares are moving lower in extended trading Tuesday following a report suggesting a bid to break up Google is on the table for the U.S. Department of Justice (DOJ). What Happened: Bloomberg reported that the DOJ is considering a bid to break up Google after...

Video-sharing platform Rumble Inc (NASDAQ:RUM) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Rumble reported second-quarter revenue of $22.5 million, up 27% sequentially. The revenue figure beat a Street consensus estimate of $...

Palantir Technologies Inc. (NYSE:PLTR) co-founder and founding partner of 8VC,  Joe Lonsdale has voiced his concerns about the unchecked power of big tech and called for more accountability. What Happened: On Thursday, while appearing on CNBC’s Squawk Box, Lonsdale criticized the monopolistic...

Editor’s note: This story has been updated to correct the spelling of Kamala Harris’ name. President Joe Biden‘s administration has received both praise and condemnation for its hardline position on antitrust enforcement. His replacement in the 2024 race, Vice President Kamala...

The historic ruling against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is one of several in the Big Tech antitrust arena. Google, deemed monopolistic, violated antitrust laws with its search engine, Judge Amit Mehta ruled. Some experts say the verdict could affect similar lawsuits against other...

In a landmark ruling, a U.S. federal judge said that Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has unlawfully maintained monopolies in search and text advertising markets. This decision marked a significant win for the Department of Justice led by Jonathan Kanter. What Happened: ...

Senator Bernie Sanders (I-Vt.) said Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) might be worth $2 trillion but it is “not above the law,” after a federal judge ruled that the company’s monopoly in the online search market is illegal. What Happened: On Monday, Sanders, who is the...

A federal judge has ruled against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) in an antitrust lawsuit related to the company’s Search dominance. What Happened: According to a Bloomberg report, Judge Amit Mehta ruled on Monday that Alphabet’s payments to make its search engine the...

Nvidia Corp. (NASDAQ:NVDA) stock fell nearly 4% in premarket trading on Friday amid reports of an antitrust investigation by the U.S. Department of Justice over allegations of monopolistic practices in the AI chip market. What Happened: The DOJ has commenced an inquiry into Nvidia following...

Past comments from new vice-presidential candidate J.D. Vance calling to break-up Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) have resurfaced and could point to concerns for big technology companies. One market strategist isn't worried about the comments or concerns though. What Happened: The...

Donald Trump's vice-presidential pick, Senator J.D. Vance, adds a former venture capitalist to the GOP ticket for the 2024 presidential election. It also comes as business leaders in the tech space donate to the former president. But Vance has favored breaking up large tech companies, namely...

Editor’s Note: This story has been updated to include a statement from an AliveCor spokesperson. The U.S. Customs and Border Protection has found that the redesigned Electrocardiography in the Apple Watch does not violate patents held by AliveCor, a medical device company. This ruling further...

Apple Inc. (NASDAQ:AAPL) has agreed to allow its competitors to use its tap-and-go mobile payments system. This decision comes as a resolution to a long-standing antitrust investigation by the European Union. What Happened: The EU’s antitrust regulators announced on Thursday that Apple will...

A federal judge’s call for a revised settlement from Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) after tossing out their $30 billion antitrust settlement on June 25 should not have much of an impact on their similar business models, according to an analyst. U.S. District Judge ...