September 25, 2023
Booking Holdings has taken its fight against an imminent EU antitrust veto of its proposed 1.63 billion euro ($1.7 billion) purchase of Swedish peer ETraveli Group to national watchdogs, telling them not to endorse the EU regulator’s decision. The European Commission will announce its decision next week, underlining its concerns that the deal could expand
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The European Commission slapped a reduced fine of 376 million euros ($400 million) against US chipmaker Intel Friday for abusing its dominance in the computer chip market, after an EU court annulled a bigger penalty. The European Union‘s antitrust enforcer said Intel had “engaged in a series of anticompetitive practices aimed at excluding competitors from
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BRUSSELS: The European Commission slapped a reduced fine of 376 million euros ($400 million) against US chipmaker Intel on Friday for abusing its dominance in the computer chip market after an EU court annulled a bigger penalty. The European Union’s antitrust enforcer said Intel had “engaged in a series of anticompetitive practices aimed at excluding
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The Federal Trade Commission (FTC) will file a long-awaited antitrust lawsuit against Amazon in federal court as soon as Tuesday, news site Politico reported on Friday, citing three people with knowledge of the matter. The FTC has been preparing the complaint since at least the start of this year, targeting an array of Amazon’s business
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After vowing to tackle consolidation in the health care industry, the Federal Trade Commission filed an antitrust lawsuit on Thursday that challenged the growing practice of private-equity firms backing companies that amass medical practices and dominate local markets. The suit targeted a large doctors’ group that operates anesthesia practices in several states, claiming the group
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The federal government’s first monopoly trial of the modern internet era is less than a week old, but already a central character has emerged: data. Its role, its use and its power are key issues in the Justice Department’s case against Google. The government claims that Google bribed and bullied smartphone producers such as Apple
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The Google antitrust trial, which began last week, is ostensibly focused on the past – on a series of deals that Google made with other companies over the past two decades. The prosecution in the case, U.S. et al. v. Google, contends that Google illegally spent billions of dollars paying off Samsung and Apple to
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The U.S. Justice Department on Monday objected to removing the public from the court during some discussions of how Google prices online advertising, one of the issues at the heart of the antitrust trial under way in Washington. The government is seeking to show that Alphabet’s Google broke antitrust law to maintain its dominance in
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US district judge Leonie Brinkema on Friday declined to order a Justice Department official to stay out of the government’s ad tech antitrust lawsuit against Alphabet’s Google but said the department “should think about it.” In November 2021, Google asked the Justice Department to consider requiring Jonathan Kanter, assistant attorney general in charge of antitrust,
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The Justice Department’s first witness when the government kicks off the second week of the Google antitrust trial will be a Verizon executive, who will likely face questions about agreements that the search and advertising giant reached with wireless carriers to be the default on their smartphones. The trial began Tuesday with talk of the
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