MADRID—Spain’s antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218.03 million) on Amazon and Apple for colluding to limit the online sale of devices from Apple and competitors in Spain. The two contracts the companies signed on Oct. 31, 2018 granting Amazon the status of authorized Apple dealer…
Private-Equity Firms Are Buying Out Medical Practices and Raising Prices for Americans: Study
July 14, 2023
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Private-equity firms have been buying up individual physician practices at a rapidly increasing rate over the past decade and raising prices for millions of Americans, according to a study released this week. The rise in acquisitions by investor groups of market share in the health care industry are leading to higher treatment costs, the study showed. When private…
Microsoft’s Planned Activision Blizzard Merger Temporarily Blocked by US Judge
SAN FRANCISCO—Microsoft’s planned $69 billion purchase of video game company Activision Blizzard was blocked by a federal judge Tuesday, giving more time for an antitrust review of the deal. U.S. District Judge Jacqueline Scott Corley in San Francisco ruled in support of a temporary restraining order sought by the Federal Trade Commission that will stop…
Google Faces Forced Break-Up as EU Regulators Allege Anti-Competitive Violations
Google has been accused of breaching antitrust rules in the European Union (EU), and the bloc’s regulators have issued a preliminary assessment that the only solution to addressing their competition concerns is to force Google to break up. The European Commission (EC), which serves as the executive branch and primary antitrust regulator of the bloc,…
Ford Motor Co. Sues Blue Cross Blue Shield in Antitrust Case Over ‘Astronomical’ Profit
Ford Motor Co. is suing Blue Cross Blue Shield Association in U.S. court, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees. The lawsuit Ford filed in Detroit federal court on May 31 accused the insurer and its regional Michigan branch of unlawfully…
State AGs Charge That Insurance Companies’ Net Zero Agenda May Violate US Antitrust Laws
May 17, 2023
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Attorneys general from 23 states issued a letter to 28 insurance companies on May 15 requesting information regarding possible violations by the insurers of U.S. antitrust laws. In what could be the first step towards an antitrust lawsuit, the state AGs requested that the insurance companies provide details on their membership in climate associations like…
Federal Court Rejects Google’s Motion to Dismiss Antitrust Lawsuit
A Virginia district court on April 28 rejected Google’s request to dismiss an antitrust lawsuit filed by the Department of Justice (DOJ) about the company’s advertising business. The lawsuit, filed in the U.S. District Court for the Eastern District of Virginia, accuses Google of monopolizing key digital advertising technologies, known as the “ad tech stack,”…
9 States Join DOJ’s Antitrust Lawsuit Against Google
Nine states on Monday joined eight others in a lawsuit filed by the Department of Justice against Google for allegedly monopolizing multiple digital advertising technology products. The amended lawsuit was filed in the U.S. District Court for the Eastern District of Virginia. It accuses Google of monopolizing key digital advertising technologies, known as the “ad…
US Court Sanctions Google for Deleting Evidence in Antitrust Cases
Alphabet Inc.’s Google LLC intentionally destroyed employee “chat” evidence in antitrust litigation in California and must pay sanctions and face a possible penalty at trial, a U.S. judge ruled. U.S. District Judge James Donato in San Francisco said in his order on Tuesday that Google “fell strikingly short” in its duties to preserve records. The…
Amazon Loses Bid to Toss Consumer Antitrust Lawsuit
Amazon.com Inc. must face consumer claims that its pricing practices artificially drove up the cost of goods sold by other retailers in violation of U.S. antitrust law, a federal judge has ruled. The ruling by U.S. District Judge Richard Jones in Seattle on Friday came in a prospective antitrust class action that has estimated damages…
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