Antitrust

House Panel Raises Concerns Over Biden’s Task Force on Corporate Pricing

The Republican-led House Oversight Committee is launching an investigation into President Joe Biden’s newly established task force on corporate pricing practices, alleging it could...

European Commission Launches Antitrust Investigations into Big Tech Companies

The European Union announced this week that it was opening an investigation into Google’s parent Alphabet, Meta and Apple over possible violations under the Digital Markets Act.

Legal Showdown: Justice Department Alleges Apple’s Monopolistic Practices in Smartphone Market

The United States has launched a groundbreaking legal action against Apple, alleging the tech behemoth has monopolized the smartphone market and stifled competition. In the...

Asset Managers Drop Out of Climate Pact

JPMorgan Chase's asset management arm and State Street Global Advisors withdrew from a climate pact.

Biden Tells Grocery Stores to Cut Costs for Consumers

President Joe Biden's administration is directing grocery chains to lower prices on goods from milk to eggs and bread as prices have soared since he took office in 2021.

Trump Targets Union Support in Rematch Against Biden

Donald Trump is set to engage with members of the Teamsters Union in Washington Wednesday afternoon, eyeing an expansion of his voter base as...

U.S. Accuses Amazon of Illegally Sustaining Monopoly

Amazon, the e-commerce titan valued at $1.3 trillion, is facing a landmark lawsuit from the Federal Trade Commission (FTC) and 17 U.S. states, charging it with “illegal conduct” aimed at maintaining a monopoly in the online retail space.

Court Rules Biden Admin Violated First Amendment: COVID-19 Social Media Content Censorship

U.S. Court of Appeals for the Fifth Circuit, located in New Orleans, found that the Biden administration overstepped First Amendment boundaries in their approach to COVID-19 content on social media platforms.

Apple Faces $1 Billion Class Action Lawsuit in U.K. Over App Store ‘Abusive Pricing’ and Monopoly Claims

The legal challenge was initiated by more than 1,500 app developers who believe that Apple's App Store charges are exorbitant and stifle competition.

Republicans Probe BlackRock, Vanguard, State Street Over Potential Antitrust Violations

BlackRock "is potentially violating U.S. antitrust law by entering into agreements to ‘decarbonize’ its assets under management and reduce emissions to net zero," the congressmen write.

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