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Tag: antitrust

Rodney McMullen, Chairman and CEO of The Kroger Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct

The grocery store chain Kroger announced on Monday that its longtime CEO, Rodney McMullen, has stepped down following an investigation into his personal conduct which revealed he was violating the company’s ethics policy. 

Read More Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo

Exclusive: Google to be hit with EU charges of breaching Big Tech rules, sources say

Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals.

Read More Exclusive: Google to be hit with EU charges of breaching Big Tech rules, sources say
Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Apple to urge judge to end US smartphone monopoly case

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 case
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

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 intact
The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton/File Photo

US 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 growth
The logo and trading information for Live Nation Entertainment is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid/File Photo

US 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-Ticketmaster

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