Additional states could bring more antitrust lawsuits against Google, Texas Attorney General Ken Paxton said during a Tuesday, December 8, panel discussion with global competition officials, Bloomberg reported.
Paxton, who initiated a 48-state investigation into the search giant last year, said the additional lawsuits could be filed “in the upcoming weeks and months,” according to Bloomberg. He added that there are currently several states looking into antitrust issues concerning the Alphabet-owned firm’s search function.
An antitrust complaint was filed against Google in October by the Department of Justice (DOJ), Paxton, and 10 other Republican state attorneys general. Paxton’s office also is looking into Google’s online advertising practices.
Facebook also will soon face lawsuits brought by the Federal Trade Commission (FTC) and an alliance of states, according to Bloomberg.
Federal Trade Commission Commissioner Rohit Chopra also spoke at the conference and said antitrust regulators should rebuff Facebook’s position, Bloomberg reported. The social media giant maintains that Chinese tech giants will be the only beneficiaries from enforcement against US tech firms. “I think this is a deeply dangerous argument,” Chopra said, per Bloomberg.
Featured News
EU Extends Support for Farms and Fisheries Amid Market Disruptions
May 5, 2024 by
CPI
Sony and Apollo Bid $26 Billion for Paramount Acquisition
May 5, 2024 by
CPI
Goldman Sachs Resolves Decade-Old Metal-Rigging Class Action Lawsuit
May 5, 2024 by
CPI
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
May 5, 2024 by
CPI
Google Antitrust Case: Closing Arguments Conclude
May 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI