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Tag: Antitrust


Europe Mounts Historic Challenge to Google’s Domination of Tech Services

Charges from the European Commission could cost the company up to 10 percent of its annual revenue and show American firms that “there’s a bazooka in Europe that can be shot at companies” that seek to obtain dominant market positions.

Posted on Oct 31, 2016 READ MORE


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Reinstated Lawsuit Could Bankrupt Bank of America and Other Major Banks

Judges warn that a lawsuit accusing 16 major banks of colluding to manipulate interest rates could bankrupt the institutions responsible for the crash that debilitated the global economy in 2008.

Posted on May 25, 2016 READ MORE



Big Tech May Be Getting Way Too Big—Here’s Why

In this new Gilded Age, Big Tech—along with Big Pharma, giant health insurance companies, Big Agriculture and the largest banks on Wall Street—is dominating our economy and our politics.

Posted on Sep 27, 2015 READ MORE



Whatever Happened to Antitrust?

Last week’s settlement between the Justice Department and five giant banks reveals the appalling weakness of modern antitrust law.

Posted on May 25, 2015 READ MORE



EU vs. Google: Who Will Prevail?

The European Union’s top antitrust watchdog is setting her sights on Google, taking the tech giant to task for allegedly elbowing out competitors’ listings in online shopping searches.

Posted on Apr 15, 2015 READ MORE



(CC-BY)Simon Clancy

Justice Dept. Seeks to Block Airline Merger, Says ‘American People Deserve Better’

Worried that the impending merger of American Airlines and US Airways would kill domestic competition, the Justice Department is suing on antitrust grounds.

Posted on Aug 13, 2013 READ MORE



Flickr / hyku (CC-BY)

Supreme Court Rules Against NFL

In a ruling that has implications for other professional sports leagues, the Supreme Court decided Monday that NFL teams are individual businesses that are subject to antitrust laws when they act collectively (via the league) to limit competition. (continued)

Posted on May 24, 2010 READ MORE



Flickr / Mykl Roventine

Is Google the New Microsoft?

The Justice Department could be gearing up for an antitrust case against the world’s leading search and online advertising provider because of a deal with Yahoo that puts Google in control of the vast majority of online ads. Despite a pledge to not do evil, Google’s image has been tarnished in recent years, mainly over privacy concerns.

Posted on Sep 9, 2008 READ MORE


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