Elon Musk added antitrust claims against OpenAI and Microsoft to his existing lawsuit against OpenAI. Musk claimed the companies colluded to remove competition in artificial intelligence, according to an amended lawsuit filed late Thursday (Nov. 14). In his expanded lawsuit, Musk accused OpenAI CEO Sam...
Visa says European regulators are investigating the fees it charges retailers. The company revealed the European Commission’s (EC) preliminary probe in its annual report Wednesday (Nov. 13). “On August 30, 2024, the EC informed Visa that it has opened a preliminary investigation into Visa’s fees...
So what will U.S. antitrust policies look like under the new administration? According to a Reuters report, experts predict Donald Trump will roll back some of the policies instituted under President Joe Biden. This could include abandoning the Justice Department’s (DOJ) efforts to break up...
The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. The commission sent out questionnaires to retailers and payment service providers about both Visa and Mastercard in September, giving them until October to respond, Reuters reported Wednesday (Nov. 6),...
The U.K.’s Competition and Markets Authority (CMA), which is in charge of antitrust regulation, is investigating a partnership between tech giant Alphabet and artificial intelligence startup Anthropic. It will launch a probe Friday (Oct. 25) that aims to determine whether the deal could undermine competition...
Google wants to pause a ruling requiring it to open its Play Store to rivals. The tech giant argues that U.S. District Judge James Donato’s injunction order from earlier this month would hurt its business and bring “serious safety, security and privacy risks into the...
The U.S. government is asking a federal district judge to compel Google to break up its core businesses. The Department of Justice (DOJ) said in a Tuesday court filing that “structural remedies” are on the table. This term, often used to describe the breakup of a company to...
A judge unsealed a Sept. 30 ruling that the Federal Trade Commission’s (FTC) antitrust lawsuit against Amazon can proceed, while the claims of some states were dismissed. Amazon asked U.S. District Judge John Chun to dismiss the case in December 2023, but Chun said in...
Competition authorities and policymakers have a role in addressing competitive threats in artificial intelligence-related technologies, products and applications, the Federal Trade Commission and the Department of Justice’s Antitrust Division said in Friday (Oct. 4) press releases about their participation in the G7 Competition Authorities and...
