antitrust
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Billionaire Democratic donors Barry Diller and Reid Hoffman openly expressed their desire for Kamala Harris to replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president. In interviews this week, they rejected a significant aspect of President Joe Biden’s antitrust policy. Lina Khan has spearheaded the Biden administration’s efforts to leverage U.S. antitrust…
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The National Football League asked a judge to dismiss a $4.7 billion class action jury verdict, calling the amount “nonsensical” and denying that evidence showed subscribers of its “Sunday Ticket” telecasts had been overcharged. In its Wednesday filing, the NFL described the verdict as “among the largest in American history and also among the least…
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The Justice Department informed a judge that Alphabet’s Google cannot avoid a jury trial over its alleged digital advertising dominance by unilaterally paying the government. In a court filing on Thursday, the Justice Department and a coalition of states responded to Google’s argument that only a judge, not a jury, should hear the government’s lawsuit…
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Home mortgage lenders Greystone Mortgage and First Financial Lending accused Equifax (EFX.N) of monopolizing the market for electronic income and employment verification services, resulting in higher prices. They filed the proposed class action in Philadelphia federal court, alleging that Equifax has a “stranglehold” over a verification process crucial to consumer finance. According to the lawsuit,…
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The United States Department of Justice, in collaboration with 16 other state and district attorneys general, has filed a civil antitrust lawsuit against Apple Inc. The is alleging monopolization or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act. According to the complaint filed in the U.S. District Court for…
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