antitrust News

Biden’s Antitrust Push Across Agencies Is Working to Block Deals

The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working. In the past month alone, telecom and airline regulators have moved to nix Standard …

FTC Is Preparing Potential Antitrust Case Against Amazon

The US Federal Trade Commission is preparing a possible lawsuit against Amazon.com Inc. that could be filed as soon as this spring, according to people familiar with the investigations. The allegations the agency is preparing to make and the timeline …

DOJ Poised to Sue Google Over Digital Ad Market Dominance

The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance over the digital advertising market, according to people familiar with the matter. The case is expected to be filed in …

Google Faces EU Antitrust Charges Over its Ad-Tech Business

Alphabet unit Google could face antitrust charges next year over its digital advertising business, with EU regulators frustrated over the slow pace of settlement talks with the company, people familiar with the matter said on Thursday. Google’s ad business is …

Google Must Face Most of Texas Lawsuit Over Ad Dominance, Judge Rules

Alphabet Inc’s Google must face all but one antitrust allegation about its online advertising business brought in a lawsuit by attorneys general for Texas and 16 other states or territories, a federal judge ruled on Tuesday. Google won its motion …

EU Mulls New Unit With Antitrust Veterans to Enforce Tech Rules

The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough new rules aimed at reining in the powers of Big Tech, two people familiar with the matter said. Such …

PGA Tour Faces Justice Department Probe Over Saudi-Backed Circuit

The US Justice Department is investigating the PGA Tour over potential antitrust violations related to its ongoing dispute with a Saudi-backed rival circuit. The department’s antitrust division has sent inquiries to golfers’ agents about the tour’s bylaws on participating in …

EU Antitrust Enforcers Accept Offer From Irish Insurers’ Association

EU antitrust enforcers accepted on Thursday an offer from Irish insurers’ association Insurance Ireland to open up its data sharing platform to non-members and apply fair criteria to access it aimed at averting a possible hefty fine. Last year, the …

Reducing Inequality, Hiking Minimum Wage Could Boost U.S. Economy: White House

Boosting enforcement of antidiscrimination and antitrust laws, raising the federal minimum wage and higher unionization rates could substantially boost U.S. economic growth, a new report by President Joe Biden’s top economic advisers concludes. The annual Economic Report, prepared by the …

Martin Shkreli’s Law Firm Has Not Been Paid, Seeks to Withdraw

The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked a U.S. judge for permission to withdraw from representing the former pharmaceutical executive best known for hiking the price of …