antitrust
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Taiwan’s Fair Trade Commission (FTC) has blocked Uber Technologies’ $950 million acquisition of Delivery Hero’s Foodpanda operations on the island, citing anti-competitive concerns. The FTC announced the decision on Wednesday, highlighting that the merger would negatively impact market competition. Concerns Over Market Dominance The FTC explained that UberEats currently faces significant competition from Foodpanda in…
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In a significant legal development, a New Jersey judge on Friday selected six law firms to represent consumers accusing Apple of monopolizing the smartphone market. U.S. District Judge Julien Xavier Neals made the appointments after the firms competing for leadership reached an agreement on the legal lineup. Judge Names Leading Firms to Represent Consumers Judge…
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Trump Appoints Antitrust Expert Gail Slater to Lead DOJ’s Antitrust Division President-elect Donald Trump on Wednesday named Gail Slater, a seasoned antitrust expert, to head the Department of Justice’s antitrust division. Slater will oversee major cases targeting corporate giants like Google, Apple, and Visa, signaling a continued crackdown on monopolistic practices in Big Tech and…
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The U.S. Federal Trade Commission (FTC) has launched a broad antitrust investigation into Microsoft, focusing on its software licensing and cloud computing businesses, a source familiar with the matter revealed on Wednesday. FTC Chair Lina Khan approved the probe ahead of her anticipated departure in January. The election of Donald Trump as U.S. president, coupled…
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The Justice Department directly accused Alphabet’s Google of illegally dominating online advertising technology, seeking another antitrust victory against the tech giant. Closing arguments in the Alexandria, Virginia, trial concluded a 15-day September session where prosecutors argued that Google monopolized markets for publisher ad servers, advertiser ad networks, and ad exchanges. “Google rigged the rules of…
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Nebraska Attorney General Michael Hilgers filed an antitrust lawsuit on Tuesday against several major heavy-duty truck manufacturers, accusing them of limiting the availability of diesel-powered semi-trucks in favor of electric trucks. The lawsuit alleges that the truck manufacturers conspired to phase out medium- and heavy-duty internal combustion vehicles, a move driven by California’s environmental regulations…
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International law firm Hogan Lovells announced on Tuesday that it has hired senior lawyer Jennifer Fleury from the U.S. Federal Trade Commission amid a surge in antitrust enforcement activity by the agency. Fleury joins Hogan Lovells as a partner in its Washington, D.C. office. Previously, she served as deputy chief trial counsel in the FTC’s…
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U.S. consumers suing French luxury house Hermès have once again revised their lawsuit, aiming to convince a skeptical judge that the company forces buyers to spend thousands of dollars on other products before they can purchase one of its famed Birkin bags. The three California plaintiffs filed their third complaint on Friday, adding more allegations…
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In the span of two days this week, Alphabet’s (GOOGL.O) Google faced a court order to open its app store, Play, to rivals and learned that the U.S. Justice Department may soon request a judge to break up the company to limit its control over online searches. U.S. Antitrust Cases Against Google Android AppsU.S. District…
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Forty elite private universities in the U.S. conspired to overcharge for tuition by including noncustodial parents’ assets in financial aid calculations, students allege in a new lawsuit. The proposed class action, filed on Monday night in Chicago by a Boston University student and a Cornell University alum, targets Northwestern, Harvard, Yale, Dartmouth, Cornell, Georgetown, and…
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