Antitrust

In the United States, antitrust law is a collection of federal and state government laws that regulate the conduct and organization of business corporations and are generally intended to promote competition and prevent monopolies.

Source: en.wikipedia.org

Adobe and Figma Jettison $20 Billion Deal Amid Regulatory Pressure
Adobe and Figma Jettison $20 Billion Deal Amid Regulatory Pressure
December 18, 2023  |  Acquisitions

Adobe abandoned its $20 billion purchase of designer platform Figma over regulatory roadblocks. The decision, announced Monday (Dec. 18), came hours after reports that Adobe...

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EU to Rule on Apple Music Streaming Case in Early 2024
EU to Rule on Apple Music Streaming Case in Early 2024
December 13, 2023  |  ANTITRUST

The European Union (EU) is reportedly preparing to take action against Apple over alleged anticompetitive practices in its App Store. The EU regulators are investigating...

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Report: Google’s Court Loss to Epic Games Also Threatens Apple
Report: Google’s Court Loss to Epic Games Also Threatens Apple
December 12, 2023  |  ANTITRUST

Google’s court loss this week to Epic Games could also be bad news for Apple. That’s according to a report Tuesday (Dec. 12) from Bloomberg News,...

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Apple Will Let Rivals Access Tap-to-Pay System
Apple Will Let Rivals Access Tap-to-Pay System
December 12, 2023  |  Apple

Apple reportedly offered to let competitors access its tap-to-pay mobile wallet system. The agreement could mean the end of a European Union antitrust case and...

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. MiCamp Solutions, a provider...

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Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
Google Delivers Formal Response to EU’s Threat to Ad Tech Unit 
December 08, 2023  |  Google

Google has made a formal response to the European Union’s (EU) threat to break up its profitable advertising technology (ad tech) arm, calling the allegations “flawed.”...

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UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
December 08, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI.  The regulator aims to determine if “recent developments” have resulted in a...

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Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
Apple Faces Lawsuit Over Apple Cash From Venmo, CashApp Users
November 20, 2023  |  Apple

Apple is reportedly facing a lawsuit filed by four users of Venmo and Cash App.  The lawsuit alleges that Apple has abused its market power in the...

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King Charles’ First Speech Highlights Consumer Protections
King Charles’ First Speech Highlights Consumer Protections
November 07, 2023  |  Regulation

The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in...

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