Antitrust

The U.S. Department of Justice is "absolutely right" to initiated investigations into big tech companies, U.S. Treasury Secretary Steven Mnuchin said in a CNBC interview Wednesday. 'No Question' The Department of Justice confirmed it will undertake a wide waging review of big tech...

The big tech companies that dominate internet search, online shopping and social media will come under more scrutiny with the Justice Department reportedly broadening a government investigation into the sector. What Happened The Wall Street Journal reported Tuesday afternoon that the Department of...

Qualcomm, Inc. (NASDAQ: QCOM) shares were in the green Wednesday after the Trump administration urged a federal appeals court to delay a patent licensing-related ruling, according to CNN. What Happened U.S. District Judge Lucy Koh said in a May ruling that Qualcomm illegally charged...

Amazon.com (NASDAQ: AMZN) executives may want to hold off celebrating Prime Day as the European Union confirmed a formal antitrust investigation. What Happened The E.U. will explore if Amazon is gaining an unfair advantage by operating a marketplace where independent companies can sell their...

New York Attorney General Letitia James and California Attorney General Xavier Becerra filed a multistate lawsuit with eight other state attorneys general Tuesday to block the proposed $26-billion merger of telecom giants T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S). “When it comes to...

Big tech companies continue to face scrutiny from U.S. lawmakers and regulators for monopolistic characteristics, but this doesn't necessarily mean that behemoths like Apple Inc. (NASDAQ: AAPL) will be broken up. Cramer: 'I Get Where The Regulators Are Coming From' CNBC's Jim Cramer...

Packaging companies Amcor Limited and Bemis Company, Inc. (NYSE: BMS) announced efforts Monday to resolve the Department of Justice's antitrust concerns with the combination of the two companies.  What Happened Amcor has entered into a binding agreement to sell plants in Milwaukee,...

The Department of Justice cited antitrust concerns in its Monday lawsuit to block AT&T Inc. (NYSE: T)’s Time Warner Inc (NYSE: TWX) acquisition. But some on the Street consider the claims groundless and the regulatory hurdle surmountable. The Rating Rosenblatt Securities analyst Alan...

The European Commission’s $2.7 billion fine against Google parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) breathed fresh life in the growing conversation of how to evaluate mega-cap internet companies and judge antitrust concerns. Amazon.com, Inc. (NASDAQ: AMZN) is widely considered to be...

The European Commission ruled on Tuesday that Google and its parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) are guilty of abusing its dominant market position to promote its own products and services instead of rivals. As such, the EU slapped Alphabet with a $2.7 billion fine, its...

Amazon.com, Inc. (NASDAQ: AMZN) announced Friday it will acquire Whole Foods Market, Inc. (NASDAQ: WFM) for $13.7 billion dollars, but while both stocks shot up on the news, other major grocers dropped like a stone. It’s just the latest move in Amazon’s seemingly unstoppable growth...

The European Union will charge Qualcomm, Inc. (NASDAQ: QCOM) with attempting to stifle competition in the chip making industry. Qualcomm could face a range of penalties including fines of up to 10 percent of revenue if found guilty. Wall Street Journal's Tom Fairless wrote, "...

Raging competition for new middle class drivers in several rapidly emerging economies has led to some governmental push-back in recent weeks. First China In mid-August, China, the world's largest auto market, announced it was fining Audi -– a unit of Volkswagen AG (ADR) (OTC: VLKAY...

Like most people who feel they have been wronged, companies are often willing to go to court to fight to protect their rights. One of the most willing is Apple (NASDAQ: AAPL). Large corporations like Apple employ scores of lawyers who, according to USA Today, are at least as important as...