Antitrust

The EU’s antitrust chief, Margrethe Vestager, has stated that they have noted Microsoft Corporation’s (NASDAQ:MSFT) talent acquisition of Inflection AI staff, including its co-founders. What Happened: On Wednesday, Vestager expressed concerns about Microsoft’s recent hiring of...

Jim Cramer has raised doubts over the validity of the government’s antitrust lawsuits against Big Tech giants such as Apple Inc. (NASDAQ:AAPL), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Amazon.com Inc. (NASDAQ:AMZN). What Happened: "Mad Money" host Cramer questioned the...

Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the Nasdaq, known for its tech focus, also ended on a positive note, rising by 0.2% to settle at 16,401....

Technology giant Apple Inc (NASDAQ:AAPL) is facing another case from the U.S. Department of Justice (DOJ). Here's what one leading analyst says about the case and what could be next for Apple. What Happened: A long-reported case against Apple by the DOJ is finally here, Wedbush analyst Daniel Ives...

The U.S. Department of Justice (DOJ) is reportedly preparing to file a lawsuit against Apple Inc. (NASDAQ:AAPL) on Thursday. The lawsuit alleges that the tech giant violated antitrust laws by restricting competitors’ access to iPhone hardware and software features. What Happened: The DOJ...

In a landmark ruling, Apple Inc. (NASDAQ:AAPL) has been slapped with an unprecedented EU antitrust fine of 1.8 billion euros ($1.95 billion) for its restrictive practices against Spotify Technology SA (NYSE:SPOT) and other music streaming services. What Happened: The European Commission has imposed...

Apple Inc. (NASDAQ:AAPL) has paid a hefty fine of $13.7 million to Russia’s Federal Antimonopoly Service or FAS. The fine was imposed on the tech behemoth for its alleged abuse of dominant market position. What Happened: Apple settled the fine, equivalent to 1.2 billion roubles, on Jan. 19,...

Technology giant Microsoft Corporation (NASDAQ:MSFT) made headlines in early 2023 with a $10-billion investment in OpenAI, the parent company of ChatGPT. A year later, Microsoft's partnership with OpenAI is drawing the attention of the U.S. Department of Justice and the Federal Trade Commission,...

The services business of Apple Inc. (NASDAQ:AAPL), bringing in $85 billion annually, is bracing for potential impacts from a succession of legal and regulatory rulings expected in 2024. What Happened: According to the Financial Times, a U.S. antitrust trial against Alphabet Inc.-owned (NASDAQ:GOOGL...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google had considered changing its app store pricing strategy to dodge regulatory scrutiny. However, the tech giant decided against a fixed fee per app proposal that could have led to a multi-billion dollar loss. What Happened: According to documents...

The Department of Justice's (DOJ) antitrust lawyers are reportedly scrutinizing Apple Inc. (NASDAQ:AAPL) over its actions to block Beeper, an app that provided Android users access to iMessage. What Happened: The DOJ scrutiny follows a bipartisan call for an investigation and Beeper’s...

Alphabet Inc.'s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has decided to settle a recent antitrust case for $700 million, alongside committing to amend its Play Store policies to encourage competition. What Happened: On Monday, details shared with a San Francisco federal court revealed that Google will...

Video game company Epic Games has battled technology giants Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) over the years over the fees taken for app purchases. An ongoing trial with Alphabet revealed a company that gets around the app store fees. What Happened: Ongoing...

Amid a high-stakes antitrust trial, Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google executive, Jamie Rosenberg, stands by the firm’s revenue-sharing payments to smartphone manufacturers and carriers, arguing that these are critical in sustaining the Android ...

In the ongoing antitrust trial, an economist’s testimony has stated that Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google faces competition for online search queries from a range of online entities beyond just common search engines. What Happened: Mark...