GOOGLE ANTITRUST CASE
Nvidia’s $20 billion Groq deal under fire: Why shareholders are suing
In a striking legal development, two ex-Groq engineers have taken Nvidia to court over alleged mismanagement of their technology and personnel. The lawsuit alleges that crucial investors were sidelined during the $20 billion transaction. Additionally, shareholders are asserting they were inadequately compensated, while select employees enjoyed substantial payouts. Ongoing investigations into potential antitrust issues highlight worries about market consolidation in such deals, emphasizing the necessity for rigorous legal examination.
Google wins dismissal of Chegg, Penske Media lawsuits over AI overviews
In his ruling on Wednesday, US District Judge Amit Mehta in Washington said Chegg and Penske's claims that Google's business practices violate antitrust law "fail to get out of the starting gate."
OpenAI says SEC disclosures undermine xAI's antitrust lawsuit
ChatGPT maker OpenAI asked a Texas federal judge to throw out an antitrust lawsuit brought by Elon Musk's AI startup xAI before trial, arguing that
Spinny books IPO ride; UPI subsidies may end
Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
Anthropic, OpenAI, SpaceXAI, Google face federal antitrust lawsuit over calls to slowdown AI development
According to a news report by Politico, the complaint filed in the Northern District Court of California, claims that public statements made earlier this month amounted to an illegal business agreement between competitors under US antitrust law. The matter began with Anthropic Chief Executive Officer Dario Amodei issuing a public plea for "industry-wide coordination" to "pace the frontier" of artificial intelligence advancement.
Google defeats US bid to force ad tech sale
While the ad exchange is a small part of Google's business, the ruling is the second powerful symbolic victory against the U.S. Department of Justice in its efforts to force Google to sell assets to address illegal monopolies.
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Amazon sued by US FTC, 22 states over alleged $20 billion ad auction overcharges
The US FTC and 22 states have sued Amazon, alleging it manipulated digital advertising auctions and overcharged about 1.2 million customers by more than $20 billion. Amazon rejected the allegations as misguided and flawed. The lawsuit targets Sponsored Products, Sponsored Brands and Sponsored Display, intensifying scrutiny of the tech giant.
Turkey's competition board imposes $8.9 million fine to Google
Turkey’s Competition Authority has fined Google approximately $8.87 million for breaching regulatory obligations. The watchdog said Google violated rules through certain design implementations during the compliance process following a previous antitrust investigation.
Google comes out on top as years-long Mexico antitrust case closed
The investigation by Mexico's Federal Economic Competition Commission (Cofece), which began in 2020, focused on Google's digital advertising services via its search page as well as third-party websites.
Google makes history with rapid-fire antitrust losses
The Google decisions are part of a wave of current antitrust cases challenging the power of the biggest tech companies. This week, the trial began in a suit by the FTC claiming that Meta, formerly Facebook, cemented an illegal monopoly in social media through its acquisitions of Instagram and WhatsApp.
Google's antitrust case in the US: a timeline
Google, the internet giant, has an antitrust violation filed by the Justice Department of the United States that has been spanning for almost 4 years now, starting from October 20, 2020. Here is a timeline of the progress of the case throughout the years.
Google offered to sell part of ad tech business, not enough for EU publishers
Google's offer to sell its AdX advertising marketplace to end an EU antitrust investigation was rejected by European publishers as insufficient. The EU may order Google to stop anti-competitive practices instead of divesting assets for now. Google's ad tech business is under scrutiny after a complaint from the European Publishers Council.
Will the US government break up Google? What could happen to Android OS, Chrome? Here's all you need to know
There are high chances that Alphabet Inc' prized possessions, Google, could end up being broken up, a move that is currently being contemplated by the Justice Department, around the recent federal antitrust case involving the company over the monopolization of the online search market.
How the Google antitrust ruling may influence tech competition
A federal judge ruled that Google violated antitrust laws by hindering competition in internet search, which could have significant implications for similar tech industry cases. The ruling draws on the Microsoft case from 2000. Judge Amit P. Mehta will decide on remedies to promote competition and innovation in the tech sector.
Will Google's defeat in antitrust case bring major changes to Google Search? Here's all you need to know
Google is currently amid a massive controversy after losing out on a major antitrust case that can create issues for users around using Google Search. A federal judge has stated that Google illegally monopolized online search by paying tech companies in order to dominate the search market.
How the Google antitrust ruling may influence tech competition
Google's loss could have major ripple effects for competition today. U.S. regulators have also accused Apple, Amazon and Meta of violating antitrust laws by advantaging their own products on the platforms they run and acquiring smaller rivals.
US wraps up antitrust case against Google in historic trial
In the trial, which started on Sept. 12, the Justice Department sought to prove that Google is a monopolist and illegally abused its power to favor its bottom line.
How Microsoft's legal legacy shapes the antitrust case against Google
While cross-examining a witness for the Justice Department, John Schmidtlein, Google's lead trial lawyer, tried to describe how this suit differed from the landmark antitrust case brought against Microsoft in the 1990s. The barriers to competition in search today, Schmidtlein said, are less daunting than Microsoft's stranglehold on personal computer software.
Who's who in the Google monopoly trial
A trial to determine if Google abused its monopoly in online search, which begins Tuesday, is set to lay bare how the internet search giant cemented its power.
Google set to hire former Apple executive as India policy head
Alphabet Inc.’s Google is set to appoint a manufacturing and policy veteran as its top government affairs executive in India to tackle legal challenges and expand hardware assembly to the country.
Texas wins round against Google as antitrust lawsuit returned to state
Texas had asked for the lawsuit to be moved back after the US Congress passed the Venue Act in 2022 that grants state attorneys general the right to choose where an antitrust lawsuit will be litigated.
US Justice Department accuses Google of evidence destruction in antitrust case
The DOJ asserted in a court filing unsealed in a Washington, D.C., federal court on Thursday that Google failed to timely suspend a policy allowing the automatic, permanent deletion of employees' chat logs.
US Justice Department official cleared to oversee Google probes
The Wall Street Journal earlier reported the decision to allow Jonathan Kanter, assistant attorney general in charge of antitrust, to oversee matters involving the search engine and advertising company.
US court allows mega antitrust case against Google to proceed
According to a Wall Street Journal report in July, Google offered the US government to split its ad-tech business into a separate entity under the Alphabet umbrella, to avoid an antitrust lawsuit.
Google urges court to scrap $1.6 billion EU antitrust fine
The case is one of three that has resulted in a total of 8.25 billion euros in European Union antitrust fines on the world's most popular internet search engine.
Google tells court 'staggering' $5 billion EU antitrust fine flawed
Google was fined for using its Android mobile operating system to thwart rivals and cement its dominance in general internet search from 2011, in the largest penalty meted out to any company found guilty of breaching EU antitrust rules.
Google's voice assistant under new EU antitrust investigation: Report
The European Commission in June said its sector inquiry into internet-connected devices drew concerns from respondents over certain exclusivity and tying practices related to voice assistants such as producers of smart devices being prevented from installing a second voice assistant on a device.
US judge dismisses advertisers' antitrust claims against Google
The ruling marks one of the first major decisions in a spate of antitrust cases filed against Google over the last two years by users and rivals as well as the US Department of Justice and state attorneys general.
Meet Amit Mehta, the Indian-American judge presiding over Google's antitrust case
Mehta was appointed to the court in December 2014 and sworn in in 2015. Notable rulings include one in 2019 saying that lawmakers should get their subpoenaed financial records of President Donald Trump. The Supreme Court sent that case back to a lower court and it is ongoing.
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