EU Fines Google a Record $2.72 Billion in Antitrust Case
Jun 27, 2017 The European Union slaps the fine on the internet giant for taking advantage of its dominance in online searches to direct customers to its own shopping business.
Europe Mounts Historic Challenge to Google’s Domination of Tech Services
Oct 31, 2016 Charges from the European Commission could cost the company up to 10 percent of its annual revenue and show American firms that “there’s a bazooka in Europe that can be shot at companies” that seek to obtain dominant market positions.
Reinstated Lawsuit Could Bankrupt Bank of America and Other Major Banks
May 25, 2016 Judges warn that a lawsuit accusing 16 major banks of colluding to manipulate interest rates could bankrupt the institutions responsible for the crash that debilitated the global economy in 2008.
Big Tech May Be Getting Way Too Big—Here’s Why
Sep 27, 2015 In this new Gilded Age, Big Tech—along with Big Pharma, giant health insurance companies, Big Agriculture and the largest banks on Wall Street—is dominating our economy and our politics.
Whatever Happened to Antitrust?
May 25, 2015 Last week’s settlement between the Justice Department and five giant banks reveals the appalling weakness of modern antitrust law.
EU vs. Google: Who Will Prevail?
Apr 16, 2015 The European Union's top antitrust watchdog is setting her sights on Google, taking the tech giant to task for allegedly elbowing out competitors' listings in online shopping searches.
Justice Dept. Seeks to Block Airline Merger, Says ‘American People Deserve Better’
Aug 14, 2013 Worried that the impending merger of American Airlines and US Airways would kill domestic competition, the Justice Department is suing on antitrust grounds.
Supreme Court Rules Against NFL
May 25, 2010 In a ruling that has implications for other professional sports leagues, the Supreme Court decided Monday that NFL teams are individual businesses that are subject to antitrust laws when they act collectively (via the league) to limit competition. (continued)
