Tag Archives: antitrust

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake/File… Source link

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: A Google sign is pictured on a Google building in the Manhattan borough of New York City, New York, U.S., October 20, 2020. REUTERS/Carlo Allegri The department in October accused the $1 trillion California-based company of illegally… Source link

The UFC’s roughest fight might be in court over the next few years. A group of former UFC fighters suing the promotion scored a key legal victory on Thursday when federal judge Richard Boulware said he would grant their lawsuit class-action status, according Kevin Draper of The New York Times. The antitrust lawsuit dates all the way back to 2014, initially filed by Cung Le Jon Fitch and Nate Quarry against the UFC’s parent company. The lawsuit claims the UFC has abused its monopoly power… Source link

Of the Big Four tech companies, Google was the first to be targeted by the federal government this year, but that likely wasn’t the end of the legal actions against the search giant. The Justice Department lawsuit, filed in late October with 11 state attorneys general, centers on Google’s conduct in the search market. Separate probes by the DOJ and states into Google’s power in digital advertising markets continue, as does the Justice Department’s review of Google’s… Source link

AUSTIN (KXAN) — During a one-on-one interview with KXAN earlier this month, indicted Texas Attorney General Ken Paxton, now the subject of an FBI investigation into allegations of bribery and misuse of office, was asked why the public should trust him as the state’s top law enforcement official. “Look at what we’re doing with Google,” Paxton explained, when listing his accomplishments. FULL INTERVIEW: AG Ken Paxton answers questions about whistleblower… Source link

(Courtesy of Getty) getty Democrats and Republicans don’t agree on much these days except for the fact that “Big Tech” has gotten too big.  Now comes word from the Wall Street Journal that the sector’s day of reckoning may be coming. According to the Journal, as many as four cases against Facebook and Alphabet’s Google GOOG alleging that their behavior harmed consumers could be filed in the coming weeks by federal and state regulators…. Source link

The Federal Trade Commission and state attorneys general are gearing up to hit Google and Facebook with new antitrust lawsuits in the coming weeks, per a Monday report from The Wall Street Journal. The probes will focus on whether the companies have had unfair advantages in their domination of the search and ad market and social media. The DOJ and state attorneys generals have been probing aspects of Google’s business, including its search, online advertising, and… Source link

WASHINGTON—Big Tech’s legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file new lawsuits against Facebook Inc. and Alphabet Inc.’s Google, people familiar with the matter said. The authorities are readying as many as four more cases targeting Google or Facebook by the end of January, these people said, following the Justice Department’s antitrust lawsuit against Google last month.  Federal and… Source link

GlobeNewswire Brooge Energy Reports Revenue of $23 million for the Six Months Ending June 30, 2020 Management hosted a conference call on Monday, November 30, 2020 at 8 a.m. ETNEW YORK, Nov. 30, 2020 (GLOBE NEWSWIRE) — Brooge Energy Limited (“Brooge Energy” or the “Company”) (NASDAQ: BROG), a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (“UAE”), today announced its… Source link

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. WASHINGTON—Big Tech’s legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file new lawsuits against Facebook Inc. and Alphabet Inc.’s Google, people familiar with the matter said. The authorities are readying as many as four more cases targeting Google or Facebook by the end of January, these people said, following the Justice… Source link