antitrust
Lawyers for the US government and Google are presenting closing arguments in the largest US antitrust case in years this week. US District Judge Amit Mehta is set to issue a ruling in the late summer or early autumn. If he decides Google broke the law, another trial will determine how to rein in its market power. The judge went back and forth with Google's main litigator, John Schmidtlein, on the first day of the trial's closing arguments. Mehta questioned whether another company had the money and data necessary to develop a search engine to compete with Google. “It seems to be very, very unli...
Euronews (English)
Ryanair is facing an antitrust probe over an accusation that it took unfair advantage of its market dominance in Italy, Il Messaggero newspaper has reported. The Italian antitrust regulator, which is expected to publish a decision shortly, is investigating whether Ryanair acted in a way that caused "serious and irreparable" damages to other travel agencies, other airlines, and passengers. The authority has claimed that Ryanair did not allow tour operators to access its offers and discounts on its website on several occasions, which may have forced these firms to offer higher prices. Ryanair wi...
Euronews (English)
Washington (AFP) - Meta, maison mère des réseaux sociaux Facebook et Instagram, a demandé vendredi à un juge fédéral de mettre fin aux poursuites lancées par l'autorité américaine de la concurrence contre le groupe et qui pourraient forcer ce dernier à céder Instagram et WhatsApp. Les poursuites, lancées en décembre 2020 par la Federal Trade Commission (FTC), concernent les acquisitions par Meta de ce réseau social et de cette messagerie instantanée. Selon l'autorité, ces achats visaient à mettre fin à la concurrence sur le marché des réseaux sociaux. Dans sa demande déposée devant le juge afi...
AFP (Français)
Washington (AFP) - Facebook giant Meta on Friday asked a federal judge to dismiss a case from a powerful US antitrust authority that could see the social media juggernaut forced to sell Instagram and WhatsApp. The lawsuit, filed in December 2020 by the Federal Trade Commission, centers on Meta's acquisitions of Instagram and WhatsApp, which the FTC argues stifled competition in the market for social networks. In the usual practice of trying to have the case dismissed before reaching trial, Meta said in a motion that its acquisitions were "good for consumers and businesses" and won approval by ...
AFP
San Francisco (AFP) - Google parent Alphabet has agreed to pay $700 million as part of an antitrust settlement made public on Monday, with the funds going to US customers of its Android app store and state governments. Dozens of US states had joined forces in a lawsuit filed in July 2021 that accused Google of abusing its power regarding consumer access to apps on mobile devices running its Android operating system. As part of the settlement, the company will make changes to its Google Play app store to reduce competition barriers for developers, including by implementing the ability for apps ...
AFP
Brussels (AFP) - Margrethe Vestager is preparing to return to her day job as the European Union's competition chief after a hard-fought and ultimately unsuccessful bid to lead the bloc's lender. She stepped down temporarily in September after entering the race to become the next head of the European Investment Bank but lost out on Friday to Spanish economy minister Nadia Calvino. After the EU selected Calvino, Vestager, 55, said she would "resume" her duties at the European Commission, the Eu's executive arm. Vestager's star has waned in recent years following a series of setbacks in EU courts...
AFP
Washington (AFP) - Microsoft CEO Satya Nadella told a US court on Monday that Google's dominance of the search engine market made it very hard for rivals to emerge, hitting out sharply at the business practices of his company's archrival. Nadella spoke to a courtroom in Washington DC, where lawyers from the US Department of Justice are attempting to persuade a federal judge that Google has illegally paid billions to Apple and others to preserve its monopoly. Microsoft's Bing has been trying since 2009 to build market share against Google, but Nadella said it could never compete against the sea...
AFP
Washington (AFP) - The US Justice Department sued Google on Tuesday for its dominance of the online advertising market, launching a fresh legal battle against the California-based tech giant. The case was the second federal lawsuit against Google over alleged antitrust violations and the first since US President Joe Biden took office two years ago. The earlier case targeted Google's world-dominating search engine and is expected to go to trial later this year. In this latest suit, prosecutors took aim at Google's extremely profitable advertising business, asking that it be broken up to level t...
AFP
Frankfurt (Germany) (AFP) - Germany's antitrust watchdog said Monday it had launched an investigation into PayPal to examine whether the US online payment giant was using its dominance to restrict competition. The Federal Cartel Office (FCO) said it would examine whether the conditions set out in PayPal's terms of use amount to a possible "hindrance of competitors and restriction of price competition". Paypal is Germany's leading online payments service but also its most expensive, the regulator said. "We will now examine what market power PayPal has and to what extent online retailers are de...
AFP
Brussels (AFP) - US online giant Meta appears to have "breached EU antitrust rules" in the online classified section of its Facebook social network, the European Commission said Monday in a preliminary finding. "The Commission takes issue with Meta tying its online classified ads service, Facebook Marketplace, to its personal social network, Facebook," it said in a statement. "The Commission is also concerned that Meta is imposing unfair trading conditions on Facebook Marketplace's competitors for its own benefit." The commission, the regulator for the 27-nation European Union, has had several...
AFP
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