monopoly

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Live Nation Settles With DOJ in Illegal Monopoly Case

Ticketmaster parent will pay $280M to 40 states, open up its service to other ticket sellers

(Newser) - The Justice Department reached a settlement in its antitrust lawsuit against Ticketmaster and its parent company, Live Nation Entertainment, on Monday in a case that alleged an illegal monopoly over live events in America. Under terms of the deal, Live Nation will pony up $280 million in civil penalties to...

Live Nation Heads to Court
Live Nation Heads to Court

Live Nation Heads to Court

Jury to weigh government's monopoly claims, possible breakup of Ticketmaster parent

(Newser) - Live Nation's decade-plus run as the dominant force in live music is about to face its biggest test yet. As the New York Times reports, a federal jury trial opens Monday in Manhattan that could reshape how concerts are booked, promoted, and ticketed in the US—and determine whether...

Dispute Deepens Over Machu Picchu Shuttles

Tourists have been stranded during disagreement on profitable service to Inca site

(Newser) - A feud over bus routes at Machu Picchu has left tourists stranded and area residents fuming, exposing deeper rifts over who profits from Peru's crown jewel. The dispute centers on operation of the lucrative shuttle service ferrying thousands of visitors from Aguas Calientes, the nearest town, up to the...

Equifax Sees a Big Windfall as Medicaid Work Rules Kick In

Company's pricing power looms as states face bigger income verification bills

(Newser) - When Equifax CEO Mark Begor addressed investors over the summer, he highlighted a "massive" business opportunity: helping states enforce new Medicaid work requirements, a move likely to leave millions without health insurance but poised to boost the company's bottom line. For years, Equifax has dominated the income verification...

Newsmax Is Taking Fox News to Court
Judge Dismisses Newsmax
Suit Against Fox News
UPDATED

Judge Dismisses Newsmax Suit Against Fox News

But news outlet can refile it

(Newser) - A federal judge dismissed Newsmax's lawsuit against Fox News the day after it was filed, but the Florida judge—none other than Aileen Cannon, who made headlines when she oversaw President Trump's classified documents case—said Newsmax can submit an amended complaint. The antitrust lawsuit, she ruled, is...

Google Escaped the Worst Scenario. Critics Have Concerns

As judge follows precedent, onlookers fear illegal conduct will continue

(Newser) - Alphabet shares jumped 9% on Wednesday after a judge spared Google from a forced breakup in a landmark antitrust case , easing investor concerns and fueling optimism about the tech giant's future, per CNBC . The Department of Justice had pushed for sweeping remedies , including forcing Google to sell off...

Musk's xAI Suit Says OpenAI, Apple Stifle Their Rivals

Filing argues exclusive deal sidelines competitors' chatbots

(Newser) - Elon Musk's xAI has sued Apple and OpenAI, claiming the tech giants are teaming up to stifle competition in the rapidly evolving world of artificial intelligence. The suit claims Apple gives OpenAI's ChatGPT a unique edge by allowing it to tap into millions of iPhone users' prompts...

Federal Judge Delivers a Major Blow to Google

Declares company has an illegal monopoly on digital advertising

(Newser) - Google suffered a major legal defeat in federal court on Thursday when a federal judge found that the company had an illegal monopoly on digital advertising, reports the Wall Street Journal . Judge Leonie Brinkema of the US District Court for the Eastern District of Virginia said the next step will...

China Goes After Nvidia in Antitrust Probe

US microchip company's shares dip, amid investigation on its 2019 acquisition of Mellanox

(Newser) - Shares of Nvidia slid early Monday after China said it's investigating the high-flying US microchip company over suspected violations of Chinese anti-monopoly laws. In a brief press release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission...

DOJ Calls for Breaking Up Google, Forcing Sale of Chrome

Further evidence of misconduct could mean the sale of Android, too

(Newser) - US regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by...

DOJ: We Need to End Google's 'Control of Distribution'

Justice Department talks of breaking up company as one remedy in antitrust case

(Newser) - The Justice Department is considering asking a federal judge to break up Google after its ubiquitous search engine was declared an illegal monopoly —but it's just one of many possible remedies under review, according to a court filing. In court papers filed late Tuesday, per the AP , government...

DOJ: 'It Is Time to Break Up Live Nation-Ticketmaster'

Feds file sweeping antitrust lawsuit

(Newser) - The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America—squelching competition and driving up prices for fans. The lawsuit, filed in federal court in Manhattan, was being brought with...

US Sues Apple, Alleges an Illegal Monopoly

Justice Department says the iPhone maker stifles competition

(Newser) - The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation, per the AP . The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the...

Millions Are About to Receive Some Cash From Google

Company agrees to $700M settlement with consumers, states on high fees for app developers

(Newser) - More than 100 million consumers are eligible to receive funds from Google as part of an antitrust payout worth $700 million over fees Google charged in its app store. Per settlement terms released Monday , the tech giant will deposit $630 million into a fund that will dole out compensation to...

Her 2017 Academic Paper Previewed Big Amazon Fight
Her Academic Paper Set
Stage for Epic Amazon Fight
the rundown

Her Academic Paper Set Stage for Epic Amazon Fight

FTC chief Lina Khan is going after Jeff Bezos' company as a monopoly

(Newser) - The feds and 17 states are going after Amazon in a long-anticipated legal fight that could take years to play out. And for Federal Trade Commission chief Lina Khan, the fight is a long time coming. As the New York Times notes, she first came to national attention as a...

Feds, States Bring Huge Monopoly Suit Against Amazon

FTC, 17 states say Jeff Bezos' company is an illegal operation

(Newser) - The Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers, and stifle competition. The lawsuit, filed in US District Court for the Western District of...

Largest Antitrust Trial in US in 25 Years Is About to Kick Off

Justice Department takes on Google over its search engine dominance

(Newser) - Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century. Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged...

Judge Rejects FTC Move to Halt $69B Microsoft-Activision Deal

With clock ticking to get the deal closed, court hands Microsoft a major victory

(Newser) - A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. US District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission "has not shown a likelihood it will prevail on its...

Tennessee AG Isn't Shaking Off Ticketmaster's Swift Debacle

Jonathan Skrmetti looking into consumer complaints on Ticketmaster sales for singer's tour

(Newser) - The Ticketmaster fumble on Tuesday during sales for Taylor Swift's Eras Tour wasn't just an annoyance for fans—it was a bungle that's caught the attention of Tennessee's attorney general. At a Wednesday video news conference, AG Jonathan Skrmetti announced that, due to multiple consumer complaints...

10 States Make a Big Accusation Against 'Goliath'

Texas Attorney General Ken Paxton lines up a lawsuit

(Newser) - Texas Attorney General Ken Paxton on Wednesday announced a multistate lawsuit against Google, accusing the search giant of "anti-competitive conduct" in the online advertising industry, the AP reports. Paxton said Google is using its "monopolistic power" to control pricing of online advertisements, fixing the market in its favor...

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