Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
Read More Apple to urge judge to end US smartphone monopoly caseTag: antitrust
Wall St edges higher after inflation data keeps Fed rate-cut hopes intact
Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.
Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intactUS plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Read More US plan to break up Google’s search dominance threatens profit engine, AI growthUS sues to break up Live Nation-Ticketmaster
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.
Read More US sues to break up Live Nation-TicketmasterGoogle’s contemplated mega deal would prompt new fight with regulators
Nearly a dozen antitrust experts and industry analysts say it is unlikely that an acquisition by Google would hamper competition.
Read More Google’s contemplated mega deal would prompt new fight with regulatorsConsumers sue Apple, taking page from US Justice Department lawsuit
Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market.
Read More Consumers sue Apple, taking page from US Justice Department lawsuit