The lawsuit filed Tuesday alleges the Indianapolis-based NCAA violates U.S. antitrust laws with how its redshirt rule covers playing time for athletes during five seasons of eligibility.
The Justice Department’s antitrust chief, Gail Slater, hailed the decision as a “major win for the American people,” even though the agency didn’t get everything it sought.
Three House committees are considering legislation that would create a national standard for name, image and likeness payments to athletes and protect the NCAA against future lawsuits.
Justice Department lawyers who argued that a radical shake-up is needed to promote a free and fair market, while Google’s legal team argued that only minor concessions are needed.
Google has already vowed to appeal the ruling that branded its search engine as a monopoly, a step it can’t take until the judge orders a remedy.
The heart of the dispute is Apple and Google’s estimated $20 billion-a-year deal that makes Google the default offering for queries in Apple’s included browser.
The government’s latest proposal was filed two-and-half weeks after a federal judge ruled that Google’s lucrative digital ad network has been improperly abusing its market power to stifle competition.
The drama will unfold in a Washington, D.C., courtroom during the next three weeks during hearings that will determine how the company should be penalized for operating an illegal monopoly in search.
Google has been branded an abusive monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online marketing technology.
Meta CEO Mark Zuckerberg testified in federal court on Wednesday that he bought Instagram and WhatsApp because he saw value in the companies—not to take out competitors, as the FCC alleges.
The email was shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.
Meta isn’t the only technology company in the sights of federal antitrust regulators, Google and Amazon face their own cases.
Southern Glazer’s Wine and Spirits distributes one out of every three bottles of wine and spirits in the U.S. and serves commercial customers such as Total Wine, Costco and Kroger.
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, seeking to block the $24.6 billion deal.
Indiana has joined 10 other states in bringing a lawsuit against three of the world’s largest investment companies, with Attorney General Todd Rokita alleging the firms are illegally conspiring to manipulate energy markets.
The proposed breakup filed late Wednesday by the U.S. Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser.
The Federal Trade Commission is preparing to send a demand for documents and other records to Microsoft as it investigates alleged alleged anticompetitive practices, according to a person familiar with the investigation.
The Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media.
The government’s case alleges Google has built and maintained an illegal monopoly that restricts choices and inflates costs for online publishers and advertisers.
The Federal Trade Commission argues the deal would eliminate competition and lead to higher food prices for already struggling customers.
