Tag Archives: antitrust

Facing antitrust bull’s-eye, Google stock still at record highs because ad sales are sizzling

Alphabet Inc. is the most vulnerable Big Tech company on the regulatory front, but don’t expect that to matter when the search giant reports second-quarter financial results Tuesday. The leading digital advertising company and Google GOOGL, +3.58% GOOG, +3.37% parent company faces at least five government antitrust lawsuits, primarily for its dominance in the search market. And that dominance, to no one’s surprise,… Source link

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Epic files new complaint in its antitrust suit against Google

Epic has renewed its fight against mobile platforms’ app store restrictions, filing an update to its antitrust case against Google. The filing adds mostly redacted details about Google’s alleged monopolistic behavior on Android, including banning Epic’s game Fortnite from the Google Play Store last year. The amended complaint comes soon after a judge officially linked the case with a recent multi-state lawsuit, which took aim at Google’s Play Store policies. Epic’s complaint… Source link

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Biden to nominate Google critic Jonathan Kanter to lead DOJ antitrust division

President Joe Biden will nominate Jonathan Kanter, an ardent Google critic and competition lawyer, to lead the Justice Department’s antitrust division, as first reported by Bloomberg on Tuesday. Kanter has a long history of representing companies in competition cases against Google, and he opened his own law firm last year. If confirmed by the Senate, Kanter would take the helm on a slate of cases against big tech companies led by the Justice Department, including a monopoly lawsuit… Source link

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Google to fight EU antitrust fine at court hearing from Sept. 27 – sources

A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo BRUSSELS, July 12 (Reuters) – Alphabet (GOOGL.O) unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe’s second-highest court, people familiar with the matter said. The European Commission in its 2018 decision said Google had used its popular Android mobile operating system to thwart rivals,… Source link

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Google to fight EU antitrust fine at court hearing from Sept. 27 – sources

FILE PHOTO: A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration BRUSSELS (Reuters) – Alphabet unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe’s second-highest court, people familiar with the matter said. The European Commission in its 2018 decision said Google had used its popular Android mobile operating system to thwart rivals, an… Source link

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Android ad prices jump, TikTok resumes, Google Play’s antitrust lawsuit – TechCrunch

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7… Source link

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Apple ‘worse’ than Google, will be next antitrust target

Apple will be the next major target in the United States’ latest crack down on Big Tech, IAC CEO Joey Levin predicted on CNBC on Friday. Levin said on “Squawk Box” that he believes “Apple’s next, and I think Apple is, in many senses, worse” than Google, which was sued this week by a group of state attorneys general. The AGs alleged that the Alphabet unit abused its power over app developers through its Play Store on Android. Apple has “forced companies into the system,” said Levin, whose… Source link

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French anti-trust decision on Google’s copyright talks with publishers due in coming days

PARIS, July 8 (Reuters) – France’s anti-trust watchdog will make a decision in the coming days over the way Google (GOOGL.O) held copyright talks with some French publishers about paying for news content, the watchdog’s head Isabelle de Silva said on Thursday. Antitrust investigators have accused Alphabet’s Google of failing to comply with the state competition authority’s orders on how to conduct negotiations with news publishers over copyright, sources who read the investigators’ report… Source link

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