Antitrust

Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement

Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement

Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.

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Apple Sued By Justice Department Over Antitrust Violations

DOJ-Apple Antitrust Lawsuit May Lead to a Change in Business or a Long Legal Battle

The U.S. Department of Justice's lawsuit against Apple for alleged antitrust violations has initiated a lengthy legal battle that may reshape Apple's business practices and the tech industry. The DOJ accuses Apple of unfairly controlling its ecosystem.

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Spotify, Epic Games, Match Group, and Other Tech Allies Support DOJ's Antitrust Lawsuit Against Apple

Spotify, Epic Games, Deezer, Match Group, and Other Tech Allies Support DOJ's Antitrust Lawsuit Against Apple

A group of key app developers, which include Epic Games, Spotify, and others, known as the Coalition for App Fairness (CAF), is supporting the DOJ's antitrust lawsuit against Apple.

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Attorney General Merrick Garland Makes Antitrust Announcement At Dept. Of Justice

DOJ Files New Apple Antitrust Lawsuit, Alleging Monopoly Harmful to Consumers, Developers

DOJ accuses Apple of monopolistic practices in the smartphone market, alleging inflated prices and restricted competition.

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DOJ Plans To Sue Apple Over Alleged Antitrust Law Violation

DOJ Plans To Sue Apple Over Alleged Antitrust Law Violation

The DOJ is preparing to file suit against Apple on Thursday, alleging that the company violated antitrust laws by preventing competitors from accessing hardware and software features of iPhone.

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Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators

Cisco Completes $28 Billion Acquisition of Splunk Without Being Blocked by Antitrust Regulators

Networking giant Cisco has announced the $28 billion acquisition of digital infrastructure firm Splunk.

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Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit

Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit

Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.

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Alaska Air Got U.S. Antitrust Approval For Virgin Deal But With Conditions

Alaska Air Got U.S. Antitrust Approval For Virgin Deal But With Conditions.

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Israel Antitrust Authority Opposed Acquisition of Golan Telecom

Cellcom Israel Ltd on Tuesday announced that regulators opposed its merger plan with Golan. However, Antitrust Authority will invite the companies representative to discuss the deal before making final decision.

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EU Resumed Investigation on Halliburton and Baker Hughes Deal

European Union antitrust regulator resumed its review on the takeover of Baker Hughes by Halliburton. European Commission plan to reach decision in August whether to approve or veto the deal.

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GE turns down $3.3B Electrolux acquisition

General Electric Co. terminated the agreed $3.3 billion acquisition of Sweden's Electrolux AB on its appliance business. According to The Wall Street Journal, GE was under pressure by the U.S. Justice Department, which was blocking the sale due to antitrust issues.

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No role of nationality in antitrust probe: EU antitrust chief

Ruling out North America's claim that European antitrust authority is going in an anti-US bias in dealing with Google and Apple, the European Competition Commissioner (ECC) Margrethe Vestager has termed it as a misleading notion of the world's largest economy. Vestager has been criticized in the US media for her role in opening multiple cases against the US corporate giants Google, Apple, Amazon and Starbucks during the past one year. Vestager has become the target of the US media as European regulators are protecting EU companies from the US competition.

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U.S. ITC terminates Microsoft patent infringement case filed by InterDigital Inc.

U.S. International Trade Commission terminates the patent infringement case filed by the InterDigital Inc. against Microsoft Corporation. ITC is breaking off the import ban of Microsoft handsets.

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Behind Google's Europe woes, American accents

When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.

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European Parliament may propose Google break-up in draft resolution

The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's (GOOGL.O) search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company’s dominance in the search market.

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