EU court awarded Intel $1.2 billion antitrust fine.

[ad_1] In a defeat for the European Union’s tech antitrust efforts, a top court on Wednesday awarded a $1.2 billion fine against him. Intel on its applications to beat a competitor in the semiconductor industry more than a decade ago. Court aforementioned The European Commission, the 27-nation bloc’s main antitrust regulator, made significant mistakes about …

Google CEO Sundar Pichai Signs Agreement at Antitrust Center

[ad_1] Google’s CEO has approved a settlement with Facebook at the heart of an antitrust lawsuit filed by 16 states and Puerto Rico against the search giant, according to part of the complaint released Friday. The case, led by Texas Attorney General Ken Paxton, Argues that Google has obtained and abused a monopoly through the …

Google questions whether it will become its new Justice Department antitrust boss

[ad_1] Google on Friday asked the Department of Justice to investigate whether the new top antitrust officer representing Google competitors should back down from investigations and lawsuits against the company. In a letter to Justice Department leaders, an outside attorney for Google said that Jonathan Kanter’s past work for the company’s critics β€œis highly questioned …

Google Loses Appeal of $2.8 Billion EU Antitrust Penalty

[ad_1] In an important decision that supports the European Union’s efforts to put pressure on the world’s biggest technology companies, Google On Wednesday, it lost an appeal by European regulators to overturn a landmark antitrust ruling against the internet giant. Decision of the Luxembourg-based General Court on a case 2017 decision Google was fined 2.4 …

Senate Panel Admits Jonathan Kanter to Head of Justice Department Antitrust Division

[ad_1] A Senate committee on Thursday approved a critic of tech giants to lead the Justice Department’s antitrust division, sending his nomination to the full Senate for final vote. The Senate Judiciary Committee voted for Jonathan Kanter to lead the split, not counting how each lawmaker voted. But a Republican senator, John Cornyn of Texas, …

China Fines Meituan $530M In Second Tech Antitrust Case

[ad_1] China has fined food delivery giant Meituan $530 million. antitrust violations Friday is the second major penalty this year for Beijing’s efforts to bring the country’s major internet companies to heel. The government’s campaign was blessed by the highest levels of Communist Party leadership. It includes a large number of regulatory and policy makers. …

Biden’s Choice for Top Antitrust Officer Was a Star Corporate Lawyer

[ad_1] Mr. Kanter left Paul, Weiss in 2020. It has growing ties to companies that have competitive complaints against Big Tech companies. raised conflicts of interest for the firm. While Google is not a Paul, Apple, for example, is a client of Weiss. Legal experts say that if he joins the Justice Department, the issue …