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Items tagged with: AntiTrust


"Polling Shows Voters Want to See Action on Corporate Power"

Polls "also shows that voters don’t believe the Biden-Harris admin has already taken action." -- @ddayen

https://prospect.org/economy/2024-08-27-polling-voters-action-corporate-power/

#Election2024 #BidenHarris #antitrust


"The Biden-Harris administration is currently suing to block the largest grocery store merger in decades between #Kroger and #Albertsons on the basis that it could raise prices by reducing competition. The trial started yesterday and will be a major subplot in the election."

#antitrust


“Google is a monopolist, and it has acted as one to maintain its monopoly,” - says US judge.

#Google paid billions to keep its #monopoly, but must stop now! 💰

Learn more 👉https://tuta.com/blog/google-search-monopoly

#Antitrust #searchengine

BBC news: https://www.bbc.com/news/articles/c0k44x6mge3o


#Google has violated US #Antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance.

The Google decision zeroes in on the search giant’s exclusive contracts and finds huge problems with the use of such by large, monopolistic firms.

Google loses massive antitrust lawsuit over its #SearchDominance
https://edition.cnn.com/2024/08/05/business/google-loses-antitrust-lawsuit-doj/index.html


Mehta wrote that #Google, a unit of #AlphabetInc, has violated Section 2 of the Sherman #Antitrust Act by maintaining its #monopoly in 2 product markets in the #UnitedStates — general #search service & general #text #advertising — through exclusive distribution agreements w/ customer companies.

#law #DOJ #TechPolicy #BigTech #tech #business


#Google is an illegal #monopoly, federal court rules

A federal court has found that Google illegally abused its market #power to quash #competition in #InternetSearch, handing the #DOJ a landmark victory against as it takes on a string of federal #antitrust lawsuits #BigTech.

“Google is a monopolist, & it has acted as one to maintain its monopoly,” Judge Amit P. Mehta wrote in his judgment on Monday.

#law #TechPolicy #tech #business
https://www.washingtonpost.com/technology/2024/08/05/doj-google-monopoly-trial-judgment/


The case has been closely watched in #antitrust #law circles as the first of a string of cases federal prosecutors have launched against high-tech giants. Antitrust enforcers argue that #BigTech has gotten too powerful & doesn’t serve the #PublicInterest. Lawsuits have also been filed against #Amazon, #Meta & #Apple.

#DOJ #TechPolicy #BigTech #tech #business #Google


ruh roh https://www.theverge.com/2024/8/5/24155520/judge-rules-on-us-doj-v-google-antitrust-search-suit #antitrust