Search
+
    SEARCHED FOR:

    US ANTITRUST ENFORCEMENT

    Democratic wins in state Attorney General races give Donald Trump a new headache

    Democrats have achieved significant victories by winning attorney general races in five traditionally Republican-leaning states. This shift may hinder conservative legal strategies and provide resistance to President Donald Trump's policies. Incoming Democratic attorneys general plan to refocus on consumer protection and environmental issues while reviewing previous legal actions by their Republican predecessors.

    US DOJ is inquiring about Nvidia's purchase of Hugging Face

    The Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has exerted pressure on its customers, the two people said.

    Apple names Meta veteran Scott Tucker as litigation chief in legal team shake-up

    Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening its services business.

    Inside McDonald's push to have AI price your Big Mac

    McDonald's has implemented artificial intelligence to optimize pricing strategies across its restaurants and franchises. This pricing model analyzes customer willingness to pay, creating variations in prices for identical menu items. Franchisees report pressure to adopt these AI-driven pricing recommendations despite the company's claims of their independence. Concerns regarding antitrust implications are raised as franchises may be seen as competitors.

    Senate passes 'Protect College Sports Act' that would rein in athlete payments and transfers

    The Senate has passed a bipartisan bill that aims to regulate college sports and athlete payments. This legislation seeks to address the chaos in the industry caused by increased athlete payments and frequent transfers. New protections for student athletes are included, such as caps on agent fees and health insurance guarantees. Critics argue that the bill does not do enough to protect athletes or limit excessive spending.

    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.

    • Europe's AI firms, playing catch-up, challenge US calls for slowdown

      Anthropic's CEO Dario Amodei in an online essay urged firms to slow the pace at which they improve AI model capabilities and called for an antitrust waiver allowing leading developers to jointly develop safety measures after researchers warned about the dangers of AI, including that it could wipe out humanity.

      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.

      Opera loses court challenge against EU exemption of Microsoft's Edge from DMA rules

      The European Commission ⁠in its ⁠2024 decision said Edge was not an important gateway for businesses to reach users even though it met the quantitative criteria set out under the Digital Markets Act which sets out a list of dos and don'ts for Big Tech.

      Meta defeats Instagram shopping monopoly lawsuit for now

      US Magistrate Judge Virginia DeMarchi in San Jose, California, on Friday dismissed claims brought by London-based Ollywan, which had alleged last year that Meta copied its concept for a "tag-based" shopping platform before launching Instagram Shopping in 2016.

      Google changes spam policy in EU to avert antitrust fine

      The EU said that its monitoring showed that Google's spam policy demoted news media and other publishers' websites and content ⁠in Google search results, when those websites include content from commercial partners.

      EU denies picking on US tech giants, says US also tackling monopolisation

      The EU reassured US lawmakers that the Digital Markets Act (DMA) isn’t targeting American tech giants but aims to ensure fair competition. EU officials highlighted similar US antitrust actions and dismissed concerns about innovation and fines.

      Google has an illegal monopoly on search, US judge finds

      This move is also a green light to aggressive US antitrust enforcers prosecuting Big Tech, a sector that has been under fire from across the political spectrum. The ruling paves the way for a second trial to determine potential fixes, possibly including a breakup of Google parent Alphabet, which would change the landscape of the online advertising world that Google has dominated for years.

      Trump VP pick JD Vance supports Big Tech antitrust crackdown

      Vance, a Republican U.S. senator from Ohio, joined the presidential ticket on Monday at the Republican National Convention in Milwaukee, where Trump officially became the party's nominee.

      US warns Big Tech more deals will be target by new guidelines

      The Biden administration has taken a tougher stance on mergers overall, filing some aggressive merger challenges, but has struggled to win in court with two losses just last week.

      US antitrust enforcers tackle digital platforms in new merger guidelines

      The guidelines also specify that a merger should not eliminate a potential entrant in a concentrated market or create a situation in which a firm buys a company that provides inputs for the acquirer's competitors.

      Lina Khan's US FTC said to review Amazon-MGM deal

      Amazon said in May that it would buy the US movie studio, home to the James Bond franchise, in an $8.45 billion deal

      U.S. House committee approves blueprint for Big Tech crackdown

      The report first released in October - the first such congressional review of the tech industry - suggested extensive changes to antitrust law and described dozens of instances where it said the companies had misused their power.

      Biden should expand antitrust cases, break up tech companies, says high-profile group

      The American Economic Liberties Project, an influential Washington-based anti-monopoly group, issued a report with guidance for antitrust enforcers in the next administration. The group is led by Sarah Miller, who is working with President-elect Joe Biden's transition team and has been instrumental in making antitrust enforcement against Big Tech a mainstream issue.

      Load More
    The Economic Times
    BACK TO TOP
    Advertisement