Google may have to sell off Chrome — but who could buy it?
“Which lawyers did Microsoft use for its antitrust case in 2000” — Google execs this morning, probably. Done searching According to a report from Bloomberg yesterday , Department of Justice officials ...
Elon Musk accuses OpenAI and Microsoft of anticompetitive behavior
Elon Musk has said he wants to fire FTC Chair Lina Khan, the person responsible for ramping up antitrust regulation in this country and who has investigated Musk’s company, X . Meanwhile, the and xAI...
Ticketmaster owner Live Nation is having a huge year, as attendance and its stock price hit new highs
Live Nation, the parent company of concert and ticketing platform Ticketmaster that’s drawn the ire of fans, artists, and — most significantly — the Department of Justice, is thriving, with its stock ...
Maker of Michael Kors handbags loses nearly half its value after courts block acquisition by parent company of Coach
“Antitrust has come into fashion,” wrote US District Court Judge Jennifer Rochon in blocking the acquisition of , home to the Versace, Jimmy Choo, and Michael Kors brands, by , home to the likes of Co...
EU considers using revenue from Elon Musk’s other companies to determine fine for X
It’s no secret that X’s sales aren’t looking so hot. Ad revenue has been dropping and the company is struggling to grow its premium-subscription business. Perhaps that’s why the EU is considering fact...
Roblox tumbles on short seller’s scathing report
Online gaming platform Roblox face-planted on Tuesday, after short seller Hindenburg Research published a searing report alleging that the company “is lying to investors, regulators, and advertisers a...
DOJ investigates Super Micro: report
It’s one thing when a short seller raises questions about your company. It’s another thing entirely when the US Department of Justice comes calling. The Wall Street Journal reports that the DOJ is inv...
The Department of Justice is suing Visa
Yesterday, the Department of Justice announced that it’s suing Visa for monopolizing the debit payment market, alleging that the company paid competitors like PayPal to stay out of its way and entered...
Ireland’s corporate tax receipts are creating an embarrassment of riches
Yesterday, the European Commission ruled that Apple owes the Irish government €13 billion ( $14.4 billion ) in unpaid taxes from 2003 to 2014, plus interest. The ruling caps off a lengthy legal battle...
After deciding Google’s search business is a monopoly, regulators are after its advertising business, too
First they came for Search and found it to be a monopoly . Now regulators are going after Google’s advertising business for antitrust behavior. Today the UK’s Competition and Markets Authority issued ...
Justice Department antitrust investigation into Nvidia gains momentum: report
The Justice Department has issued subpoenas to Nvidia and other firms as a recently disclosed antitrust investigation appears to be gaining momentum, Bloomberg reports. The report comes a month after ...
How regulators have chipped away at Apple's walled garden
Regulators, especially those in the European Union, have been slowly forcing Apple to dismantle its so-called walled garden : the iPhone maker’s closed ecosystem of hardware and software that’s notori...
Amazon may have emitted as much CO2 as Mozambique in 2022 — but you wouldn’t know it
recently boasted that it now runs on 100% renewable energy, and it reached this goal seven years ahead of schedule. claims it has reached “net zero emissions” and is “supported” by 100% renewable ene...
Kroger files "Hail Mary" lawsuit against the FTC to save merger
In a last-ditch effort to chip away at the Federal Trade Commission's authority and save its $24.6 billion acquisition of Albertsons, Kroger flipped the script and sued the agency on Monday, claiming ...
Fubo scores big after judge blocks Disney-Fox-Warner sports play
A federal judge has temporarily blocked Venu Sports, the streaming joint venture formed by Disney, Fox, and Warner Bros. Discovery, on antitrust grounds. It's a big win for rival Fubo TV, which said i...
Fortnite maker Epic Games is launching an app store! On iPhones! ... In Europe only
After years of battling Apple in court, Fortnite is back on iPhones where maker Epic Games has launched its own app store. The catch? The store is only available in Europe, and getting there requires ...
Faking your influencer status just got way more expensive
Most headlines about the Federal Trade Commission (FTC) over the past few years have involved the agency suing to block big tech acquisitions (see here , here , and here ). However, preventing anticom...
Publishers are damned if they do, damned if they don’t (let Google scrape their sites)
The thing about Google’s search monopoly is it also gives the company an advantage when it comes to newer businesses like generative AI. Bloomberg writes about how publishers are in a devil’s bargain ...
Coming soon to an iPhone near you: Apple Pay alternatives
After years of pressure from regulators, Apple will finally allow developers in the US, Australia, Brazil, Canada, Japan, New Zealand, and the UK to use its near-field communications chip to create al...
The DOJ is considering breaking up Google but it likely won’t happen
Bloomberg reported that the Justice Department is considering breaking up Google as a potential solution to the search giant’s monopoly. But while such a remedy is within the court’s purview, it’s inc...