Search Results for: antitrust

The US Department of Justice (DOJ) announced on Tuesday that it has filed a civil antitrust lawsuit against Visa for allegedly violating Sections 1 and 2 of the Sherman Act by maintaining a monopoly over debit network markets. Sections 1 and 2 of the Sherman Act prohibit unreasonable restraints of trade and monopolies. The DOJ contended [...]

Google won a court challenge on Wednesday against the €1.49 billion EU antitrust fine that was imposed in 2019 for anti-trust violations related to its digital advertising business.  Since 2003, Google has managed an ad intermediation platform called AdSense, which allows third-party websites to display Google ads in response to user queries. In 2019, the [...]

US District Court Judge Amit P. Mehta held that Google LLC violated section 2 of the Sherman Antitrust Act by maintaining an illegal monopoly over internet search and search advertising markets on Monday. The ruling marks a significant victory for the US Department of Justice (DOJ) and State Attorneys General who have been challenging Google’s [...]

The European Commission announced preliminary findings Monday that social media company Meta was in violation of the Digital Markets Act over its “pay or consent” advertising model. Meta, Facebook’s parent company, introduced a new option for EU Facebook and Instagram users to choose between a paid ad-free version or free alternative with personalized ads in [...]

Indonesia’s antitrust agency announced Wednesday that e-commerce giant Shopee and its courier service, Shopee Express, will make adjustments to its courier service practices in Indonesia after admitting to violating Indonesian competition laws. The Komisi Pengawas Persaingan Usaha (KPPU), also known as the Indonesia Competition Commission, found that Shopee violated anti-competition rules by prioritizing its own [...]

The European Commission notified Microsoft on Tuesday that it has come to the preliminary conclusion that the company violated EU antitrust rules by bundling Teams within its suites of business applications. The investigation against the US company is ongoing. Microsoft’s practices are alleged to have breached Article 102 of the Treaty on the Functioning of [...]

The United States government, and dozens of states, sued Live Nation Entertainment, a multinational entertainment company, in an antitrust suit Thursday, alleging they monopolized the live entertainment space, harming artists, venues, and concertgoers. The US Government alleges that Live Nation violated § 1 and 2 of the Sherman Act, an 1890 US antitrust law that [...]

The US House of Representatives voted 360–58 Saturday to pass a sanctions bill that includes a provision forcing Chinese company ByteDance to divest from popular social media app TikTok, which would be banned in the US if ByteDance does not comply. The bill, formally entitled the “21st Century Peace through Strength Act,” designates TikTok as [...]

The House of Representatives on Wednesday approved a bill that could ban TikTok in the US. If enacted, the bill would outlaw the distribution, maintenance, or updating of any app owned by or affiliated with the Beijing-based TikTok owner ByteDance, Ltd., or any successor or subsidiary if such is owned by “foreign adversaries” — a [...]

The Turkish Competition Board announced on Wednesday that it decided to fine Meta Platforms Inc. 4.8 million lira ($160,000) a day for failing to provide sufficient documentation as part of a previous antitrust investigation in 2022. On January 11, 2021, the Turkish Competition Board opened an investigation against Meta Platforms Inc. (formerly Facebook Inc.), Meta Platforms [...]