Antitrust

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.

Bank of America Invests $500 Million in ‘Diversity’

Equity investments to minority- and women-led funds.

House Judiciary Committee Launches Expanded Probe into Banks Sharing Clients’ Data with FBI

These queries stem from a prior investigation into Bank of America (BoA)'s actions in the wake of the events at the Capitol on January 6, 2021.

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