Tag Archives: antitrust

S.Korean antitrust agency fines Google $177 mln for abusing market dominance

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL, Sept 14 (Reuters) – South Korea’s antitrust regulator on Tuesday fined Alphabet Inc’s (GOOGL.O) Google 207 billion won ($176.64 million), saying the U.S. technology giant abused its dominant market position to restrict competition in the mobile operating system market. The Korea Fair Trade Commission (KFTC) investigated Google for allegedly blocking local smartphone… Source link

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Amazon faces new antitrust claims from DC attorney general

Amazon (AMZN) is facing expanded antitrust claims in an amended lawsuit originally brought against the e-commerce giant in May by the Attorney General for the District of Columbia. The original suit, filed in May, accused Amazon of illegally abusing its monopoly power and violating the District of Columbia Antitrust Act by forbidding third-party sellers from offering cheaper rates for their products on competing websites. In the amended suit, Washington, DC Attorney General Karl Racine adds… Source link

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The “Google of genomics” meets the techbashers of antitrust

Sep 11th 2021 IN 2013 MEREDITH HALKS MILLER, a laboratory director at Illumina, the world’s biggest gene-sequencing firm, spotted something odd as she examined the blood of expectant mothers, looking for abnormalities in the fetuses they carried. In some cases, the DNA of the unborn children was normal, but that of the mothers was not. Suspecting the women had cancer, she went to her superiors, only to be met with scepticism. She pushed nonetheless. “I was determined to bring this to… Source link

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Google under new EU antitrust investigation – MLex reporter

A view of a sign above the entrance of the Google office, ahead of presentation of the detailed investment plan for Germany, in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse Sept 9 (Reuters) – Alphabet Inc’s Google (GOOGL.O)is facing a renewed EU antitrust investigation into whether it may have forced device manufacturers to use Google Assistant as the default voice assistant on Android devices, an MLex reporter tweeted on Thursday. The latest investigation comes amid concerns of… Source link

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DOJ preps to sue over Google’s ad tech, even without its antitrust chief

With help from Leah Nylen and John Hendel Editor’s Note: Morning Tech is a free version of POLITICO Pro Technology’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — Ready for round 2? The Justice Department is preparing yet another suit against Google, and it could happen before DOJ antitrust… Source link

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Google seeks to block release of antitrust suit details

With help from Leah Nylen Editor’s Note: Morning Tech is a free version of POLITICO Pro Technology’s morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. — Hitting pause: Google is heading to court this week in a bid to block “highly sensitive information” about its business from being revealed in… Source link

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FTC refiles antitrust suit against Facebook

The logo for Facebook appears on screens at the Nasdaq MarketSite in New York’s Times Square. (AP Photo/Richard Drew, File) The Federal Trade Commission (FTC) has refiled a claim in federal court alleging that Facebook (FB) is breaking antitrust laws, buy running an illegal “buy-or-bury” scheme. “Facebook has maintained its monopoly position in significant part by pursuing CEO Mark Zuckerberg’s strategy, expressed in 2008: ‘it is better to buy than compete,'” the agency wrote in its Source link

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Google allegedly considered buying Epic Games to silence antitrust complaints

Enlarge / Let’s see, you landed on my “Google Ads” space, and with three houses, that’ll be $1,400. Ron Amadeo / Hasbro Back in 2018, Google and Epic Games kicked off a years-old spat over Fortnite on the Play Store. Instead of distributing the game through Google Play, Epic decided that sideloading would be the way to get Fortnite on Android, thereby sidestepping Google’s 30 percent cut of sales. Epic would go on to file an antitrust… Source link

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Microsoft is facing a subpoena for millions of documents in Google’s antitrust case

The sweeping federal antitrust case against Google has given rise to a significant fight over data held by Microsoft, and the company is now facing a subpoena for millions of documents that could shed light on its attempts to compete with Google’s search engine. Having initially cooperated with prosecutors in building an antitrust case against Google, Microsoft could be obligated to produce millions more documents at the request of Google’s defense team. At a status hearing on Friday… Source link

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Google says Microsoft balking at turning over documents in antitrust fight

WASHINGTON, July 29 (Reuters) – Alphabet’s Google (GOOGL.O) has asked a judge hearing the Justice Department’s antitrust lawsuit against the search and advertising giant to compel Microsoft to turn over documents, saying it has failed to comply with a subpoena, according to a court filing unsealed late Thursday. Google served a subpoena to Microsoft MSFT.O more than three months ago, seeking documents regarding Microsoft’s Bing search engine as well as its Internet Explorer and Edge but has… Source link

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