Antitrust

A federal judge has ruled against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) in an antitrust lawsuit related to the company’s Search dominance. What Happened: According to a Bloomberg report, Judge Amit Mehta ruled on Monday that Alphabet’s payments to make its search engine the...

Nvidia Corp. (NASDAQ:NVDA) stock fell nearly 4% in premarket trading on Friday amid reports of an antitrust investigation by the U.S. Department of Justice over allegations of monopolistic practices in the AI chip market. What Happened: The DOJ has commenced an inquiry into Nvidia following...

Past comments from new vice-presidential candidate J.D. Vance calling to break-up Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) have resurfaced and could point to concerns for big technology companies. One market strategist isn't worried about the comments or concerns though. What Happened: The...

Donald Trump's vice-presidential pick, Senator J.D. Vance, adds a former venture capitalist to the GOP ticket for the 2024 presidential election. It also comes as business leaders in the tech space donate to the former president. But Vance has favored breaking up large tech companies, namely...

Editor’s Note: This story has been updated to include a statement from an AliveCor spokesperson. The U.S. Customs and Border Protection has found that the redesigned Electrocardiography in the Apple Watch does not violate patents held by AliveCor, a medical device company. This ruling further...

Apple Inc. (NASDAQ:AAPL) has agreed to allow its competitors to use its tap-and-go mobile payments system. This decision comes as a resolution to a long-standing antitrust investigation by the European Union. What Happened: The EU’s antitrust regulators announced on Thursday that Apple will...

A federal judge’s call for a revised settlement from Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) after tossing out their $30 billion antitrust settlement on June 25 should not have much of an impact on their similar business models, according to an analyst. U.S. District Judge ...

Media company Walt Disney Co (NYSE:DIS) is betting on future growth coming from its sports and streaming ambitions. These two units could prove troublesome with an antitrust suit moving forward. What Happened: Disney is the majority owner of streaming platform Hulu, with plans in place to acquire...

The proposed $30 billion antitrust settlement by Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) is facing a potential setback as a New York judge has indicated that she may not approve the agreement. What Happened: U.S. District Judge Margo Brodie, during a hearing on Thursday, signaled that she...

The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...

Live Nation Entertainment Inc (NYSE:LYV) shares are tumbling Thursday after the U.S. Department of Justice filed a lawsuit against the company. What To Know: Live Nation shares traded down in early trading on reports suggesting the DOJ and a group of states including California, Florida, Texas,...

Apple Inc. (NASDAQ:AAPL) is preparing to request the dismissal of the U.S. Department of Justice’s antitrust lawsuit against the company. What Happened: Lawyers representing Apple have sent a letter to the judge overseeing the case in New Jersey, outlining the arguments they will...

As Apple Inc. (NASDAQ:AAPL) reports its second-quarter 2024 earnings, CEO Tim Cook has criticized the U.S. Department of Justice’s or DOJ antitrust lawsuit against the tech giant, calling it “misguided.” What Happened: On Thursday, Apple reported its second-quarter results that...

One of Apple Inc.'s (NASDAQ:AAPL) top executives, Phil Schiller, admitted in court that he is unsure if the App Store is profitable. Apple's late co-founder, Steve Jobs, could be the reason behind Schiller's uncertainty. What Happened: Schiller, who has been with the App Store since its inception,...

The Department of Justice’s (DOJ) major antitrust lawsuit against Apple Inc. (NASDAQ:AAPL) is set to be overseen by a new judge, according to a recent court filing. What Happened: Judge Michael E. Farbiarz has stepped down from the case after determining that his "recusal is necessary" under...