Justice Department moves to prevent the $2.2 billion merger. The trial between Penguin Random House and the Justice Department began on Monday in the District of Columbia U.S.…
Read MoreAntitrust Laws
FTC Attempts to Block Meta from VR Acquisition
The agency says the purchase would weaken competition. The Federal Trade Commission (FTC) filed a lawsuit on Wednesday against Meta, the parent company of Facebook, alleging the company’s…
Read MorePoultry Processors Settle Claims with Justice Department
Three companies agree to pay workers $84 million in restitution Major poultry processors Cargill, Sanderson Farms, and Wayne Farms settled a lawsuit with the Department of Justice on…
Read MoreAmazon Must Correct Testimony to Congress
Legislators say criminal investigation may be launched if record not corrected. Members of the House Judiciary Committee sent a letter to Amazon warning that they will seek a…
Read MoreFederal Judge Schedules Google Trial for 2023
Allows time for reviewers to peruse extensive documents. Two months ago, the Justice Department filed a landmark case against Google, claiming that the company had intentionally and illegally…
Read MoreFTC and 48 States Sue Facebook over Antitrust
Tech giant has abused its dominance, they allege. The Federal Trade Commission and state attorneys general of 48 states led by New York filed antitrust complaints against Facebook.…
Read MoreJustice Department Updates Merger Remedies Guidelines
The rules have remained unchanged for nearly 10 years. The Department of Justice announced on Friday that it would be updating its merger remedies guidelines. These rules determine…
Read MoreTech Giants Questioned by Congress
Concerns of Antitrust Activity Raised by Congress Members On Wednesday, the CEO’s of the country’s top technology companies appeared before the House Judiciary Committee’s antitrust subcommittee. Jeff Bezos…
Read More