The U.S. Justice Department's antitrust lawsuit against Google's search engine dominance is coming closer to a resolution. The trial has wrapped up and Judge Amit Mehta will issue his opinion later this year. The lawsuit hinges on whether Google's payments to Apple to become the default search engine violated antitrust law.
Tag: monopoly
UAW Threatens to Strike Ford Truck Plant in Kentucky if Local Issues Aren’t Resolved (Micro News for February 17, 2024 – February 23, 2024)
Ford's truck plant based in Kentucky may be shut down due to a strike if the United Auto Workers (UAW) demands are not met. The Kentucky facility produces Ford's biggest pickups and SUVs and is the largest facility in terms of revenue generation and employee headcount.
Federal Appeals Court Tosses State Antitrust Suit Seeking to Break Up Meta (Micro News for April 29, 2023 – May 5, 2023)
A U.S. Court of Appeals dismissed the antitrust case against Meta (Facebook) filed by several states in 2020. The suit alleged that Meta's acquisition of WhatsApp and Instagram harmed competition in the industry. The three-member panel of judges upheld a lower court's decision and announced the states did not make their case of Meta's "policies harming competition."
EU Opens Deeper Probe of Microsoft’s Activision Deal (Micro News for November 5, 2022 – November 11, 2022)
Regulators in the European Union (EU) are closely scrutinizing Microsoft's proposed $68.7 billion acquisition of video game firm Activision Blizzard. The regulators expressed initial concerns about the possible negative impact on competition in the video game sector. If the deal is approved it would make Microsoft the planet's "third-largest video game publisher." Microsoft indicated it would work with the regulators on the probe and it was committed to giving consumers even more access to games.
Pearson Economic News 