monopoly

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EU Fines Intel Record $1.45B
 EU Fines Intel Record $1.45B 

EU Fines Intel Record $1.45B

Chip maker paid firms to use its chips, commission says

(Newser) - The EU is fining Intel $1.45 billion for violating antitrust laws—a record amount that far exceeds the €497 million ($680 million) fine levied against Microsoft in 2004, the BBC reports. The EU competition commission said Intel paid manufacturers and a retailer to give its chips a leg...

Obama Antitrust Chief Gets Tough on Big Biz

In reversal of Bush policy, the DOJ will aggressively enforce anti-monopoly laws

(Newser) - The Obama administration’s top antitrust official plans to aggressively pursue a tougher enforcement policy to keep large corporations from dominating smaller rivals, the New York Times reports. In speeches today and tomorrow, Justice Department antitrust chief Christine Varney will announce the reversal of lax Bush-era antitrust policies, and encourage...

Monopoly Cops May Find Google Too Popular to Bust

Google Has Good Product, But It's Also a Monopoly

(Newser) - The government is finally getting wise to the fact that Google holds a monopoly on Internet advertising, and has launched two antitrust investigations, Therese Poletti writes for MarketWatch. Google is “becoming almost a privatized version of the dreaded Big Brother from George Orwell's 1984,” Poletti writes, worse even...

Academics Fear Google's 'Orphan Books' Plan

Search king accused of rewriting copyright law to get access to out-of-print works

(Newser) - Google's plan to take millions of "orphan" books under its wing has critics crying foul, the New York Times reports. Google aims to make these out-of-print works—whose rights holders are unknown or cannot be found—part of its mammoth online bookstore and library, a plan some academics say...

UK Breaks Up London Airport Monopoly

Gov't watchdog forces Heathrow owner to sell 2 other facilities

(Newser) - Britain's competition authority has ordered the country's largest airport operator to sell two London airports, reports the Guardian, in the biggest shakeup of air travel in decades. BAA will retain Heathrow but must sell Gatwick and Stansted airports, along with a Scottish facility. The watchdog said that only a radical...

FTC Challenges Payments to Delay Generics

Deal to keep generic drug off the market is anti-competitive, regulators say

(Newser) - The Federal Trade Commission, pledging to oppose “pay-for-delay” agreements, filed suit against a brand-name testosterone-replacement drug manufacturer for paying three competitors to delay introductions of generic versions, the Washington Post reports. Nearly half of settlements between brand-name drug-makers and their generic counterparts in 2006 and 2007 resulted in such...

Yahoo, Google Rejigger Ad Partnership to Stick to Rules

Deal scaled back in effort to appease anti-trust regulators

(Newser) - Yahoo and Google have scaled back their ad partnership in a bid to satisfy regulators concerned that the deal will run afoul of anti-monopoly rules, insiders tell the Wall Street Journal. The new deal caps the amount of revenue Yahoo can earn from the deal at 25%, and slashes the...

FTC Opens Antitrust Investigation of Intel

Smaller rival AMD has long accused it of unfair practices

(Newser) - The FTC has opened a formal investigation of Intel over allegations of monopolistic business practices, the Wall Street Journal reports. The world's biggest semiconductor company, which denies any wrongdoing, received a subpoena this week. Intel also learned that it faces a $25.4 million antitrust fine from South Korea, even...

Boeing Doesn't Deserve Military Monopoly
Boeing Doesn't Deserve Military Monopoly
OPINION

Boeing Doesn't Deserve Military Monopoly

Lawmakers are angry, but making aircraft giant compete is a good thing

(Newser) - There’s fury on Capitol Hill (and the campaign trail) over a $40 billion Air Force contract going to a European team, Mark Thompson notes in Time, but it’s entirely appropriate for the military to get the best technology it can. Indeed, anger over the snub to Boeing shows...

New York Latest to Investigate Intel Practices

Chip-maker's effort to squeeze competition is focus of probes

(Newser) - With proceedings already underway against Intel Corp. in Europe and Asia, New York's attorney general today began formally investigating whether the world's largest computer chip-maker has broken state and federal antitrust laws, Reuters reports. “Our investigation is focused on determining whether Intel has improperly used monopoly power to exclude...

Microsoft Faces New Suit on Competition

Small Norwegian company says industry giant stifles rivals

(Newser) - An independent Norwegian software company is taking on Microsoft in an antitrust complaint filed today with the European Commission. Opera charges the industry behemoth with monopolizing the market by packaging Windows with the Internet Explorer browser, Reuters reports. The moves comes three months after Microsoft had to pay a huge...

Hey, Google, Search for This: Competitors

Fortune scribe lays out ways for Net giant to fight monopoly fears

(Newser) - With more and more businesses reliant on Google for advertising and search services, there may be regulation on the horizon for the online Goliath. The solution? Healthy competition, Fortune columnist David Kirkpatrick says, which it's not getting enough of. Major innovation by Microsoft and Yahoo may be precisely what it...

Microsoft Goes Incognito to Attack Google

Hires PR firm to build opposition to merger; its name is disguised

(Newser) - Microsoft quietly hired Burson-Marsteller to rally opposition to Google’s proposed acquisition of online ad networker DoubleClick—and some are rankled that the software giant’s name was kept out of the pitches. The PR firm sought to convince key players the deal would hamper Internet competition and impact privacy...

Apple Takes a Bite Out of the Competition

iPod maker replaces Microsoft as industry bully, monopolist

(Newser) - Apple has replaced Microsoft as the tech industry’s “biggest bully,” according to PC World. The iPod dynamo has shed its rebel rep and assumed Microsoft’s former mantle as a monopolist, copycat, and bully. “Bundling,” a tactic Microsoft used to tie together Windows and Internet...

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