Antitrust

Apple Inc. (NASDAQ:AAPL) has paid a hefty fine of $13.7 million to Russia’s Federal Antimonopoly Service or FAS. The fine was imposed on the tech behemoth for its alleged abuse of dominant market position. What Happened: Apple settled the fine, equivalent to 1.2 billion roubles, on Jan. 19,...

Technology giant Microsoft Corporation (NASDAQ:MSFT) made headlines in early 2023 with a $10-billion investment in OpenAI, the parent company of ChatGPT. A year later, Microsoft's partnership with OpenAI is drawing the attention of the U.S. Department of Justice and the Federal Trade Commission,...

The services business of Apple Inc. (NASDAQ:AAPL), bringing in $85 billion annually, is bracing for potential impacts from a succession of legal and regulatory rulings expected in 2024. What Happened: According to the Financial Times, a U.S. antitrust trial against Alphabet Inc.-owned (NASDAQ:GOOGL...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google had considered changing its app store pricing strategy to dodge regulatory scrutiny. However, the tech giant decided against a fixed fee per app proposal that could have led to a multi-billion dollar loss. What Happened: According to documents...

The Department of Justice's (DOJ) antitrust lawyers are reportedly scrutinizing Apple Inc. (NASDAQ:AAPL) over its actions to block Beeper, an app that provided Android users access to iMessage. What Happened: The DOJ scrutiny follows a bipartisan call for an investigation and Beeper’s...

Alphabet Inc.'s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has decided to settle a recent antitrust case for $700 million, alongside committing to amend its Play Store policies to encourage competition. What Happened: On Monday, details shared with a San Francisco federal court revealed that Google will...

Video game company Epic Games has battled technology giants Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) over the years over the fees taken for app purchases. An ongoing trial with Alphabet revealed a company that gets around the app store fees. What Happened: Ongoing...

Amid a high-stakes antitrust trial, Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google executive, Jamie Rosenberg, stands by the firm’s revenue-sharing payments to smartphone manufacturers and carriers, arguing that these are critical in sustaining the Android ...

In the ongoing antitrust trial, an economist’s testimony has stated that Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google faces competition for online search queries from a range of online entities beyond just common search engines. What Happened: Mark...

The ongoing antitrust trial against Alphabet Inc. (NASDAQ:GOOGL) has offered insights into the company’s “Code Yellow” period back in 2019. This has exposed the complexities and internal conflicts between Google’s search and advertisement teams. What...

Amazon.com, Inc. (NASDAQ:AMZN) is currently facing an antitrust lawsuit jointly filed by the Federal Trade Commission (FTC) and 17 state governments on Sept. 26. These legal actions allege the e-commerce and technology giant is wielding monopolistic power within the market and employing anti-...

In the ongoing antitrust trial, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has contended that its dominant position in the market results from quality and user choice rather than anti-competitive practices.  What Happened: The U.S. Justice...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has found itself on the brink of potentially avoiding substantial payouts as a federal judge retracts class-action status for 21 million users.  What Happened: U.S. District Judge James Donato in San Francisco, who...

The Federal Trade Commission (FTC) is coming down hard on Big Tech. President Joe Biden-appointed commissioner Lina Khan is expected to soon file a new antitrust lawsuit against Amazon.com, Inc. (NASDAQ:AMZN) that risks breaking apart some parts of the company. The FTC recently lost an antitrust...

Microsoft Corp.'s (NASDAQ: MSFT) proposed $68.7-billion acquisition of Activision Blizzard Inc. (NASDAQ: ATVI) is set to receive approval from EU antitrust regulators next week, sources familiar with the matter told Reuters. Insiders told Reuters the green light for the deal will likely be...