Tag Archives: antitrust

Google asked the Justice Department on Friday to investigate whether its new top antitrust official, who has represented Google rivals, needs to step back from inquiries and lawsuits against the company. In a letter to Justice Department leaders, an outside lawyer for Google said the “reality, and the appearance, of partiality are fairly called into question” by Jonathan Kanter’s past work for the company’s critics. Google pointed to his work with Yelp and the News Media Alliance,… Source link

The logo of Google is seen in Davos, Switzerland January 20, 2020. 2020. REUTERS/Arnd Wiegmann/File Photo WASHINGTON, Nov 13 (Reuters) – A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc’s (GOOGL.O) Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost its already dominant advertising business. The updated allegations are the latest in an onslaught of regulatory scrutiny of Google over its practices…. Source link

LUXEMBOURG, Nov 10 (Reuters) – Alphabet (GOOGL.O) unit Google lost an appeal against a 2.42-billion-euro ($2.8-billion) antitrust decision on Wednesday, a major win for Europe’s competition chief in the first of three court rulings central to the EU push to regulate big tech. Competition Commissioner Margrethe Vestager fined the world’s most popular internet search engine in 2017 over the use of its own price comparison shopping service to gain an unfair advantage over smaller European… Source link

In a major ruling that bolsters the European Union’s efforts to clamp down on the world’s largest technology companies, Google lost an appeal on Wednesday to overturn a landmark antitrust ruling by European regulators against the internet giant. The decision by the Luxembourg-based General Court related to a 2017 decision by the European Commission, the bloc’s executive branch, to fine Google 2.4 billion euros (about $2.8 billion) for giving preferential treatment to its own… Source link

The EU’s second-most senior court, the General Court, has upheld a 2017 ruling by the European Commission which found that Google broke antitrust law in how it used its search engine to promote its shopping comparison service and demote those of its rivals. Google and its parent company Alphabet appealed the decision, but the General Court today dismissed that appeal and upheld a fine of €2.4 billion ($2.8 billion). Google and Alphabet now have the option to appeal the decision yet… Source link

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/File Photo MILAN, Nov 8 (Reuters) – Italy’s antitrust regulator has started proceedings to fine Google (GOOGL.O) for allegedly restrictive clauses in the terms of service consumers have to accept to use Google Drive. In a filing, the antitrust said the proceedings had to be wrapped up within 120 days. Google was not immediately available for a comment. Reporting by Stephen Jewkes Our Standards: The… Source link

The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017. REUTERS/Mike Blake/File Photo MILAN, Nov 2 (Reuters) – Italy’s competition watchdog said on Tuesday it had dropped a probe into Alphabet’s Google (GOOGL.O) alleged abuse of its dominant position in the online display advertising market after the EU antitrust started a similar investigation. The Italian watchdog decided non to take any action as under EU laws the case is now out of its… Source link

Google on Thursday warned some customers that antitrust bills targeting the tech giant could jeopardize the services small businesses rely on. Why it matters: By turning to its customers, Google could drum up opposition from small businesses that may give lawmakers pause in advancing legislation. Driving the news: Google is emailing small and medium sized businesses that use its advertising, analytics and free business profile tools, to tell them antitrust bills in the House and Senate could… Source link

The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON, Oct 26 (Reuters Breakingviews) – It has been easy for investors to forget about Alphabet’s (GOOGL.O) antitrust boogeyman. Google’s parent has been riding high on the economic recovery, with third-quarter… Source link