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

Visa Facing Merchant Class Action Case Amid DOJ Antitrust Action
Visa Facing Merchant Class Action Case Amid DOJ Antitrust Action
October 02, 2024  |  VISA

Visa is facing a class action lawsuit from merchants connected to its debit network. The suit accused Visa of anticompetitive behavior related to its debit...

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Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
Microsoft’s Omnipresence Catches Eye of German Antitrust Watchdog
September 30, 2024  |  ANTITRUST

Microsoft’s size and scope has gotten the attention of Germany’s antitrust regulator. The Federal Cartel Office announced Monday (Sept. 30) that it was placing the...

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Epic Games Suing Google and Samsung Over App Store Competition
Epic Games Suing Google and Samsung Over App Store Competition
September 30, 2024  |  Legal

Epic Games is accusing Samsung and Google of a scheme to block their competition. The maker of the popular Fortnite video game said Monday (Sept. 30) it will sue the companies in...

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UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
September 27, 2024  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon’s partnership with Anthropic...

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Visa Adds $1.5 Billion to Litigation Escrow Account
Visa Adds $1.5 Billion to Litigation Escrow Account
September 27, 2024  |  VISA

Visa disclosed Thursday (Sept. 26) that it authorized the deposit of $1.5 billion into the litigation escrow account previously established under its U.S. retrospective responsibility...

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Visa Responds to DOJ Debit Card Complaint
Visa Responds to DOJ Debit Card Complaint
September 24, 2024  |  ANTITRUST

Following through on reports circulated Monday (Sept. 23), the U.S. Department of Justice filed an antitrust lawsuit against Visa, accusing it of stifling competition in...

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Report: DOJ to File Antitrust Suit Targeting Visa’s Debit Card Practices
Report: DOJ to File Antitrust Suit Targeting Visa’s Debit Card Practices
September 23, 2024  |  ANTITRUST

The U.S. Justice Department reportedly plans to file an antitrust suit against Visa as early as Tuesday (Sept. 24). The agency plans to allege that...

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European Commission Announces Antitrust Inspections of Unnamed Financial Services Companies
European Commission Announces Antitrust Inspections of Unnamed Financial Services Companies
September 23, 2024  |  ANTITRUST

The European Commission (EC) said in a Monday (Sept. 23) press release that it began unannounced antitrust inspections at the premises of financial services companies...

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Big Tech Awaits Changing of EU Regulatory Guard
Big Tech Awaits Changing of EU Regulatory Guard
September 22, 2024  |  Regulation

Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon...

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