The Department of Justice is reportedly probing whether a Google artificial intelligence (AI) deal violates antitrust law. At issue is Google’s agreement with chatbot maker Character.AI to use that company’s AI technology, Bloomberg News reported Thursday (May 22), citing sources familiar with the matter. According...
A group of trade associations representing European retailers reportedly asked the European Commission to take action against Mastercard and Visa under European Union antitrust rules, alleging that the companies charge high fees and don’t provide transparency on those fees. In a letter dated Tuesday (May...
The antitrust trial brought against Meta by the Federal Trade Commission (FTC) has reportedly focused on what the company’s platforms do and who they compete with. These determinations are important because the antitrust case depends on proving that Meta’s products have a monopoly in what...
If Google were ordered to spin off Chrome, the browser could be sold for as much as $50 billion, DuckDuckGo CEO Gabriel Weinberg told a court Wednesday (April 23). Weinberg, whose company is a search engine and browser rival of Google, said this while testifying...
The mergers and acquisitions (M&A) market has reportedly remained quiet so far this year as potential dealmakers try to get a sense of the Trump Administration’s stance on antitrust regulation. Year to date, through April 21, the number of deals is down 19%, The Wall...
Google will argue against a breakup of the company in a three-week trial starting Monday (April 21), while the Department of Justice and several state attorneys general will advocate for the remedies they have proposed for Google’s dominance in the search market. The trial will...
A federal judge has ruled that Google holds an illegal monopoly on online advertising technology. As The New York Times reported Thursday (April 17), Judge Leonie Brinkema found Google had violated the law to establish its dominance in the online advertising system. The U.S. Department of Justice (DOJ) and...
A federal judge’s landmark ruling Thursday (April 17) found Google guilty of illegally monopolizing the online advertising technology market, marking a pivotal moment in the ongoing battle between regulators and Big Tech. The decision comes after more than two years of legal wrangling, with the...
The Federal Trade Commission began laying out its landmark antitrust case against Meta Platforms in federal district court in Washington Monday (April 14), with FTC attorney Daniel Matheson telling the judge Meta “decided that competition was too hard and it would be easier to buy...