Search results for "antitrust"

March 24, 2024
DOJ’s Kanter Leads Charge Against Apple in Antitrust Battle

Assistant Attorney General Jonathan Kanter is spearheading the US Department of Justice’s pursuit of tech giant Apple, alleging illegal anticompetitive practices aimed at maintaining its smartphone monopoly. Kanter, the DOJ’s...


March 22, 2024
From Crypto to Coffee, Digital Wallets Signal Shifting Financial Landscape

With Thursday’s (March 21) Department of Justice (DOJ) antitrust suit against Apple, digital wallets are top of mind. And moving over to the Web3 space, on Wednesday (March 20) Bitget...


March 22, 2024
Authorities Search Booking.com Offices in Italy in Antitrust Probe

Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The inspections were done by the Italian...


March 21, 2024
EU Set to Investigate Apple, Google Compliance With DMA

The European Commission (EC) is reportedly set to launch full-scale investigations of tech giants Apple and Google, looking into their compliance with the EU’s new Digital Markets Act (DMA). The probes are expected to be announced...


March 21, 2024
Antitrust Suit Alleges Apple ‘Inhibits’ Cross-Platform Digital Wallets

Among the allegations contained in the U.S. government’s antitrust suit against Apple — as the tech giant is accused of acting as an anti-competitive monopoly in the smartphone market: Apple,...


March 21, 2024
Apple Opens Shanghai Store Amid iPhone Troubles in China

Apple’s new store opened in Shanghai on Thursday (March 21), with Tim Cook in attendance. The chief executive got “thunderous applause” from the crowd, according to a report by Bloomberg News, which notes that...


March 21, 2024
EU Court Adviser Criticizes Antitrust Regulators Over Illumina-Grail Deal

An adviser to Europe’s highest court rebuked their actions in blocking U.S. gene sequencing company Illumina’s $7.1 billion bid for Grail. The adviser’s opinion, if endorsed by judges, could impact...


March 21, 2024
DOJ Accuses Apple of Digital Wallet and Smartphone Monopoly

The U.S. government has filed its long-expected antitrust case against Apple and its iPhone. The suit, filed Thursday (March 21) by the Department of Justice (DOJ) and 16 other state and district attorneys general,...


March 21, 2024
DOJ and Multiple States Sue Apple, Accusing Monopolistic Behavior

The US Justice Department, along with over a dozen states, has initiated a groundbreaking antitrust lawsuit against tech giant Apple. The lawsuit, filed on Thursday, alleges that Apple has unlawfully...