Antitrust Hearing
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Apple Challenges India’s Antitrust Penalty Law That Could Cost It $38 Billion: Report
Apple has approached the Delhi High Court to challenge an amended CCI penalty rule that lets regulators impose fines based on a company’s global turnover. The company argues the formula is arbitrary and disproportionate, noting it could face penalties of up to $38 billion if found guilty in an ongoing App Store investigation. The case is schedule...
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Only Google Can Run Chrome, Company’s Browser Chief Tells Judge
Google Chrome's general manager Parisa Tabriz testified before a Washington federal court on Friday as part of the Justice Department’s antitrust case that accuses Google of monopolising the web search market. Tabriz told the court that Google is the only company that can offer the level of features and functionality that its popular Chrome web b...
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Google Chrome Worth ‘Upwards of $50 Billion,’ Browser Rival Says
Google’s Chrome web browser could be sold for as much as $50 billion (roughly Rs. 4,26,756 crore), estimates CEO of rival search engine, DuckDuckGo. Weinberg, who said the estimate was “back-of-the-envelope” math based on Chrome’s user base, testified as part of a three-week hearing in the DOJ’s case against Alphabet’s Google to determi...
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Meta Faces FTC Trial With Instagram, WhatsApp Breakup at Risk
The US Federal Trade Commission is targeting Meta's deals for Instagram and WhatsApp in a landmark antitrust lawsuit set to go to trial Monday, alleging that the acquisitions were illegal, should never have been approved and should be broken up.
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US Supreme Court Rejects Appeals From Apple, Epic Games Over App Store Antitrust Ruling
The US Supreme Court on Tuesday declined to hear a challenge by Apple to a lower court's decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game Fortnite.
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US Court Snubs Video Game Maker's Legal Battle Against Apple
The US Supreme Court on Tuesday declined to hear an antitrust challenge by Epic Games, maker of the popular video game "Fortnite," to the way Apple runs its lucrative App Store, handing the software company a setback in its lengthy legal battle again
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EU Regulators Rebuff Meta's Offer to Curb Use of Competitors' Ad Data for Facebook Marketplace
Meta Platforms offered to curb the use of competitors' advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder, people familiar with the matter said.
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Google, CCI Cross-Pleas in Android Mobile Device Case to Be Heard by Supreme Court in October
The Supreme Court on Friday said it will hear on October 10 the cross-pleas of Google and the Competition Commission of India (CCI) challenging the verdict of an appellate tribunal in a case related to Google's alleged anti-competitive practices in the android mobile device case. A bench comprising Chief Justice D Y Chandrachud and Justices P S Nar...
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Meta Set to Contest EU Antitrust Charges at Friday Hearing to Avoid Hefty Fine
Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said.
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Apple Urges US Court to Undo Antitrust Order on App Store in Epic Games Case
Apple said on Monday it will ask the US Supreme Court to hear its challenge to a judge's order in an antitrust case brought by Fortnite maker Epic Games that could force the iPhone maker to change payment practices in its App Store.
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Apple Seeks to Fend Off EU Antitrust Charge Based on Spotify's Complaint
Apple will on Friday seek to fend off a revised EU antitrust charge and possible hefty fine linked to claims it prevents music streaming companies such as Spotify from informing users of other buying options outside its App Store. The iPhone maker will set out its arguments to senior European Commission officials and their peers at national competi...
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US House Panel Critical of Twitter Privacy Investigation to Question FTC Chair at Hearing
US Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday.
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Microsoft’s $69 Billion Acquisition of Activision Blizzard Temporarily Blocked by US Judge
US District Judge Edward Davila granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week. The two-day evidentiary hearing is set for June 22–23 in San Francisco, to decide whether a preliminary injunction would be necessary. Without a co...
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Broadcom CEO Seeks to Convince EU Antitrust Enforcers on $61 Billion VMware Deal
US chipmaker Broadcom's Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion (nearly Rs. 4,98,300 crore) bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. VMware President Sumit Dhawan will appear remotely at the hearing. There...
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Alphabet Seeks Dismissal of US Antitrust Lawsuit Over Google's Online Advertising
Alphabet asked a US federal judge on Monday to dismiss a Justice Department lawsuit alleging that Google illegally abused its dominance of online advertising. The government filed the ad tech lawsuit in January along with eight states. However, Google has denied the allegations.
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Apple Challenges India’s Antitrust Penalty Law That Could Cost It $38 Billion: Report
Apple has approached the Delhi High Court to challenge an amended CCI penalty rule that lets regulators impose fines based on a company’s global turnover. The company argues the formula is arbitrary and disproportionate, noting it could face penalties of up to $38 billion if found guilty in an ongoing App Store investigation. The case is schedule...
-
Only Google Can Run Chrome, Company’s Browser Chief Tells Judge
Google Chrome's general manager Parisa Tabriz testified before a Washington federal court on Friday as part of the Justice Department’s antitrust case that accuses Google of monopolising the web search market. Tabriz told the court that Google is the only company that can offer the level of features and functionality that its popular Chrome web b...
-
Google Chrome Worth ‘Upwards of $50 Billion,’ Browser Rival Says
Google’s Chrome web browser could be sold for as much as $50 billion (roughly Rs. 4,26,756 crore), estimates CEO of rival search engine, DuckDuckGo. Weinberg, who said the estimate was “back-of-the-envelope” math based on Chrome’s user base, testified as part of a three-week hearing in the DOJ’s case against Alphabet’s Google to determi...
-
Meta Faces FTC Trial With Instagram, WhatsApp Breakup at Risk
The US Federal Trade Commission is targeting Meta's deals for Instagram and WhatsApp in a landmark antitrust lawsuit set to go to trial Monday, alleging that the acquisitions were illegal, should never have been approved and should be broken up.
-
US Supreme Court Rejects Appeals From Apple, Epic Games Over App Store Antitrust Ruling
The US Supreme Court on Tuesday declined to hear a challenge by Apple to a lower court's decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game Fortnite.
-
US Court Snubs Video Game Maker's Legal Battle Against Apple
The US Supreme Court on Tuesday declined to hear an antitrust challenge by Epic Games, maker of the popular video game "Fortnite," to the way Apple runs its lucrative App Store, handing the software company a setback in its lengthy legal battle again
-
EU Regulators Rebuff Meta's Offer to Curb Use of Competitors' Ad Data for Facebook Marketplace
Meta Platforms offered to curb the use of competitors' advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder, people familiar with the matter said.
-
Google, CCI Cross-Pleas in Android Mobile Device Case to Be Heard by Supreme Court in October
The Supreme Court on Friday said it will hear on October 10 the cross-pleas of Google and the Competition Commission of India (CCI) challenging the verdict of an appellate tribunal in a case related to Google's alleged anti-competitive practices in the android mobile device case. A bench comprising Chief Justice D Y Chandrachud and Justices P S Nar...
-
Meta Set to Contest EU Antitrust Charges at Friday Hearing to Avoid Hefty Fine
Facebook owner Meta will contest EU antitrust charges at a closed hearing on Friday in a bid to stave off a possible hefty fine after regulators charged it with tying its classified advertisements service to its social network, people familiar with the matter said.
-
Apple Urges US Court to Undo Antitrust Order on App Store in Epic Games Case
Apple said on Monday it will ask the US Supreme Court to hear its challenge to a judge's order in an antitrust case brought by Fortnite maker Epic Games that could force the iPhone maker to change payment practices in its App Store.
-
Apple Seeks to Fend Off EU Antitrust Charge Based on Spotify's Complaint
Apple will on Friday seek to fend off a revised EU antitrust charge and possible hefty fine linked to claims it prevents music streaming companies such as Spotify from informing users of other buying options outside its App Store. The iPhone maker will set out its arguments to senior European Commission officials and their peers at national competi...
-
US House Panel Critical of Twitter Privacy Investigation to Question FTC Chair at Hearing
US Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday.
-
Microsoft’s $69 Billion Acquisition of Activision Blizzard Temporarily Blocked by US Judge
US District Judge Edward Davila granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week. The two-day evidentiary hearing is set for June 22–23 in San Francisco, to decide whether a preliminary injunction would be necessary. Without a co...
-
Broadcom CEO Seeks to Convince EU Antitrust Enforcers on $61 Billion VMware Deal
US chipmaker Broadcom's Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion (nearly Rs. 4,98,300 crore) bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. VMware President Sumit Dhawan will appear remotely at the hearing. There...
-
Alphabet Seeks Dismissal of US Antitrust Lawsuit Over Google's Online Advertising
Alphabet asked a US federal judge on Monday to dismiss a Justice Department lawsuit alleging that Google illegally abused its dominance of online advertising. The government filed the ad tech lawsuit in January along with eight states. However, Google has denied the allegations.
