Antitrust

Gates Says Microsoft Antitrust Threats Are ‘Going To Happen’ While Reflecting on 1998 Case: ‘Whichever Part of the Company I Went With Would Have Thrived' Billionaire Bill Gates helped power Microsoft Corporation (NASDAQ:MSFT) into one of the largest companies in the world during his...

Payments company Visa Inc (NYSE:V) was hit with an antitrust lawsuit by the U.S. Department of Justice (DOJ) Tuesday that analysts say could take years to sort out and will likely hurt shares in the short term. What Happened: The DOJ alleged Visa used anticompetitive practices in the debit network...

Visa Inc. (NYSE:V) a global payments giant reportedly faces charges by the United States Department of Justice for allegedly monopolizing the domestic debit card industry What Happened: DOJ’s antitrust division is expected to accuse Visa in federal court due to its participation in various...

A potential acquisition of  Intel Corp. (NASDAQ:INTC) by Qualcomm Inc. (NASDAQ:QCOM) could speed up Qualcomm’s diversification but may burden the chipmaker with Intel’s struggling semiconductor manufacturing unit. What Happened: Analysts have expressed concerns that the deal...

Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG), which owns dominant search engine Google, may not get penalized for two out of three antitrust suits it is currently facing, according to an analyst. “The likelihood of GOOGL walking away with a penalty or fine is relatively low,” Roth MKM...

Yelp Inc. (NYSE:YELP) has filed an antitrust lawsuit against Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google, following a recent federal ruling that labeled Google as an illegal monopolist. What Happened: Yelp accuses Google of maintaining its monopoly in local search services by...

A federal judge has halted a joint venture by media giants Walt Disney Co. (NYSE:DIS), Fox Corp. (NASDAQ:FOXA), and Warner Bros. Discovery Inc. (NASDAQ:WBD) to consolidate their sports licensing rights into a new streaming service. The decision came after a lawsuit filed by competitor Fubotv Inc (...

Analysts, investors, and experts are closely examining the potential impacts of a breakup or restructuring of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as the Department of Justice considers measures to address Google's dominance in the search market. Legal Case Against Google: Former Department...

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares are moving lower in extended trading Tuesday following a report suggesting a bid to break up Google is on the table for the U.S. Department of Justice (DOJ). What Happened: Bloomberg reported that the DOJ is considering a bid to break up Google after...

Video-sharing platform Rumble Inc (NASDAQ:RUM) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Rumble reported second-quarter revenue of $22.5 million, up 27% sequentially. The revenue figure beat a Street consensus estimate of $...

Palantir Technologies Inc. (NYSE:PLTR) co-founder and founding partner of 8VC,  Joe Lonsdale has voiced his concerns about the unchecked power of big tech and called for more accountability. What Happened: On Thursday, while appearing on CNBC’s Squawk Box, Lonsdale criticized the monopolistic...

Editor’s note: This story has been updated to correct the spelling of Kamala Harris’ name. President Joe Biden‘s administration has received both praise and condemnation for its hardline position on antitrust enforcement. His replacement in the 2024 race, Vice President Kamala...

The historic ruling against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is one of several in the Big Tech antitrust arena. Google, deemed monopolistic, violated antitrust laws with its search engine, Judge Amit Mehta ruled. Some experts say the verdict could affect similar lawsuits against other...

In a landmark ruling, a U.S. federal judge said that Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has unlawfully maintained monopolies in search and text advertising markets. This decision marked a significant win for the Department of Justice led by Jonathan Kanter. What Happened: ...

Senator Bernie Sanders (I-Vt.) said Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) might be worth $2 trillion but it is “not above the law,” after a federal judge ruled that the company’s monopoly in the online search market is illegal. What Happened: On Monday, Sanders, who is the...