antitrust News

Google Wins Fight Over €1.5 Billion EU Fine for Ads Abuse

Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly making up for last week’s crushing defeat in a separate judgment for abusing its monopoly powers. Judges …

Goldman, BASF, Others in $20M Platinum, Palladium Price-Fixing Settlement

Goldman Sachs, German industrial company BASF and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices. A preliminary settlement of the proposed class action …

Justice Department Preparing Ticketmaster Antitrust Lawsuit

The Justice Department may file an antitrust complaint as soon as next month aimed at forcing Live Nation Entertainment Inc. to spin off its Ticketmaster ticketing business, according to three people familiar with the matter. The agency has been investigating …

US Takes on Apple in Antitrust Lawsuit

The U.S. Department of Justice on Thursday sued Apple, the first major antitrust effort against the iPhone maker by the Biden administration, alleging it monopolized smartphone markets. Apple joins a list of major tech companies sued by U.S. regulators, including …

US Universities Settle Financial-Aid Antitrust Lawsuit For $166 Mln

Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored wealthy student applicants, pushing total settlements in a federal antitrust lawsuit over college financial aid practices to $284 million. Lawyers …

Lawsuit Accuses Largest US Meat Producers of Wage Fixing

DENVER (AP) — Three meat plant workers have filed a federal lawsuit accusing 11 of the United States’ largest beef and pork producers of conspiring to depress wages and benefits. The lawsuit, filed in federal court in Denver on Friday, …

Amazon Faces $1B Lawsuit in UK for ‘Favoring its Own Products’

LONDON —Amazon.com Inc. is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused its dominant position by favoring its own products, lawyers said. Consumer rights advocate Julie Hunter …

3 Million Plaintiffs Seek $1.2B From California Health Firm

SACRAMENTO, Calif. (AP) _ A lawsuit over high health care bills filed on behalf of more than 3 million employers and people seeks as much as $1.2 billion from a large Northern California health systems in an antitrust class-action trial …