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Leah NylenPolitico |
The case was filed under the first Trump administration and continued under President Joe Biden.
The investigation was born out of the firm’s failed acquisition of the financial-technology infrastructure firm Plaid Inc. in 2021.
The Justice Department alleges that Google paid billions of dollars to maintain a monopoly over the search market via agreements with tech rivals.
The government comes out on top in first antitrust trial of a major technology company in over 20 years.
Richard Mosier, former special counsel for private equity in the DOJ’s antitrust division, said the agency has “renewed focus” on document...
KKR previously said the Justice Department was looking at its merger notification filings.
The lawsuit alleges that Apple has used its power over app distribution on the iPhone to thwart innovations that would have made it easier for...
In the complaint, the FTC said the combination of Kroger and Albertsons chains would unduly concentrate the market.
FTC Chair Lina Khan said the agency is closely monitoring the industry and “there is no AI exemption from the laws on the books.”
The iPhone maker said it would attempt to collect a 12% or 27% revenue share from developers that opt out of the Apple system.
“Despite thousands of hours spent with regulators around the world...we no longer see a path toward regulatory approval," Figma's CEO wrote.
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