antitrust
Coverage of antitrust in the Nexus archive.
- New Jersey sues Amazon on antitrust grounds, alleging it unlawfully wielded its power over delivery contractors
New Jersey has filed a lawsuit against Amazon, alleging antitrust violations through its third-party delivery model. The complaint claims this model results in lower wages, unfair working conditions, and reduced competition among delivery contractors.
- Lina Khan gets a new NYC gig
Mayor Zohran Mamdani appointed Lina Khan to chair New York City’s economic development board, which oversees city property leasing including Hudson Yards. Business groups expressed concern, calling the move a 'mixed message,' while the article notes some CEOs acknowledge Khan’s antitrust work may have prevented harmful mergers.
- EU slaps Google with record $1 billion antitrust fine
The EU imposed a €890 million ($1 billion) antitrust fine on Google for illegally favoring its search services and blocking cheaper alternatives, prompting the European Commission to demand fair treatment of third-party services. The decision risks straining EU-US relations amid potential new US tariffs and an existing levy cap.
- Mamdani to appoint antitrust crusader Lina Khan as chair of NYC economic development agency
Mamdani has appointed Lina Khan as chair of the NYC economic development agency. Khan will oversee an agency criticized for being too close to business interests.
- 12 state AGs sue Paramount Skydance in an attempt to block its Warner Bros. Discovery deal
Twelve state attorneys general sued Paramount Skydance to block its acquisition of Warner Bros. Discovery, alleging the merger would harm competition and consumers by consolidating power in theatrical distribution and cable channels. Paramount already secured regulatory approval from the Department of Justice, but the lawsuit argues the deal would reduce content diversity and increase prices.
- Swedish court orders Google to pay Klarna's PriceRunner $1.97 billion in antitrust damages
A Swedish court ruled Google unlawfully favored its own shopping comparison service, ordering it to pay Klarna's PriceRunner $1.97 billion in antitrust damages. The awarded amount was significantly less than what PriceRunner initially requested.
- Swedish court says Google is to pay $1.5B to Klarna in antitrust damages
A Swedish court ruled that Google must pay $1.5 billion to Klarna in antitrust damages. The decision centers on alleged antitrust violations by Google in its business dealings with Klarna.
- Live Nation-Ticketmaster seeks new trial as 33 U.S. states demand a 'breakup'
Live Nation-Ticketmaster is seeking a new trial as 33 U.S. states formally demand the breakup of the merged entertainment ticketing company. The legal battle centers on antitrust concerns regarding the combined entity's market control and competitive practices.
- Apple could be fined up to $38 billion by Indian antitrust regulator
Apple Inc. faces a potential fine of up to $38 billion from India's antitrust regulator, the Competition Commission of India (CCI), over alleged anti-competitive practices. The case highlights regulatory scrutiny of tech giants in emerging markets.
- Judge halts local TV giant Nexstar's takeover of rival Tegna until trial
A U.S. judge has temporarily blocked Nexstar's acquisition of Tegna, citing potential irreparable harm to consumers if the merger proceeds before an antitrust trial. The ruling emphasizes concerns over market consolidation in the local TV industry.
- Jury finds Live Nation liable in antitrust trial
A jury determined Live Nation violated antitrust laws during a trial. The verdict holds the entertainment company responsible for anti-competitive practices.