It’s unclear if the new plan will satisfy regulators. In February, the U.S. Federal Trade Commission sued to block the $24.6 billion merger between the grocery giants.
Performers, politicians, scholars, rival promoters and other ticket sellers argue that Live Nation wields far too much power in the live entertainment industry.
The Justice Department on Thursday announced a sweeping antitrust lawsuit that alleges Apple has monopoly power in the smartphone market and uses its control over the iPhone to “engage in a broad, sustained, and illegal course of conduct.”
The action targets Amazon, Google and Microsoft and their sway over the generative AI boom that’s fueled demand for chatbots such as ChatGPT.
The Justice Department said if JetBlue were allowed to buy Spirit, it would especially hurt travelers who depend on Spirit’s low fares.
In a statement Monday, Kroger said it was delaying its timeline for closing the $25 billion deal due to ongoing dialogue with regulators, including state attorneys general and the Federal Trade Commission.
A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.
A Justice Department lawyer argued that the deal would push fares higher by 30% and leave fewer options for travelers on a budget.
Amazon is accused of violating federal and state antitrust laws, but the company has responded with a full-throated defense of its business practices.
The U.S. crackdown on airline consolidation faces a new test this week with the trial of a government lawsuit claiming the $3.8 billion takeover of Spirit Airlines Inc. by JetBlue Airways Corp. would reduce competition and boost fares for passengers.
In the biggest U.S. antitrust case in a quarter century, the Department of Justice contends that Google—a company whose very name is synonymous with scouring the internet—pays off tech companies to lock out rival search engines to smother competition and innovation.
A federal antitrust case could force the Indianapolis-based NCAA and the wealthiest conferences to create pro-style revenue sharing of billions of broadcast-rights dollars with football and basketball players.
Appearing in the biggest antitrust trial in a quarter century, DuckDuckGo founder Gabriel Weinberg testified Thursday that it was hard for his small search engine company to compete with Google.
The U.S. Justice Department pressed ahead with its antitrust case against Google on Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s.
Prosecutors opened the biggest U.S. antitrust trial in a quarter century on Tuesday by saying that the case is about the future of the internet and whether Google’s search engine will ever face meaningful competition.
Over the next 10 weeks, the Justice Department and a group of state attorneys general will argue that Google has illegally abused its monopoly power to run roughshod over rivals, inking deals to ensure dominance.
The lawsuit was filed in 2021 over the tech giant’s alleged monopolistic control of app distribution for the software that runs most of the world’s cellphones.
Consumer advocates say the disclosure supports the antitrust lawsuit aimed at blocking JetBlue’s $3.8 billion purchase of Spirit, the nation’s largest discount airline.
The Justice Department said the $3.8 billion acquisition would hurt cost-conscious travelers who depend on Spirit to find cheaper options than they can find on JetBlue and other airlines.
Xbox maker Microsoft has faced months of resistance from Sony, which makes the competing PlayStation console and has raised concerns with antitrust watchdogs around the world about losing access to popular game franchises such as Call of Duty.
