antitrust

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Microsoft Ruling in Europe Major Blow to Tech Giants

Court upholds record fine and order to share codes

(Newser) - A European Union appeals court yesterday upheld an anti-trust decision against Microsoft, leaving intact a record $689 million fine and and a challenge to how it does business in Europe, the New York Times reports. The decision has huge repercussions for other tech giants as the European Union seeks to...

EU Court Upholds Record Microsoft Fine

Rejects appeal on $613M antitrust fine

(Newser) - A European Union court today rejected Microsoft's appeal of  the $613-million anti-trust fine handed down in 2004--the largest fine ever imposed by EU regulators. Microsoft will also have to share communication code with rivals and start selling copies of Windows without its Media Player program. Microsoft is expected to appeal...

Microsoft, EU Await Landmark Antitrust Decree

Verdict could change firm's business model, or embarrass EU

(Newser) - Microsoft execs will be waiting to hear if they won an antitrust appeal against the EU tomorrow, the BBC reports. A 2004 probe declared the tech giant guilty of abusing its industry status and fined it $690 million. If Microsoft pulls off a victory, analysts say, the EU commission will...

Airlines Plead Guilty of Price Fixing

British Airways and Korean Air socked with $300M fines in ongoing investigation

(Newser) - British Airways and Korean Air have agreed to plead guilty and pay $300 million each in criminal fines for engaging in massive conspiracies to fix the prices of passenger and cargo flights for the past six years, the US Justice Department said yesterday. BA will pony up another $247million fine...

Google Complaint Spurs Vista Revision

Microsoft responds to antitrust action with change to desktop search feature

(Newser) - Microsoft has caved in to Google's antitrust complaints and agreed to alter the search tools in its new Vista operating system by the end of the year. The move is a victory for Google, which complained to antitrust regulators that Vista's hard-drive indexing was difficult to switch off and made...

Supremes Side With Banks in Antitrust Action

Credit Suisse, Goldman won't face class action suit over late-'90s IPOs

(Newser) - The Supreme Court has broadened the shield protecting companies from antitrust lawsuits, ruling in a 7-1 decision this morning that investors cannot sue 16 banks they accuse of rigging Internet-boom-era IPOs. The majority said the SEC had adequately regulated banks' actions and that opening them up to this type of...

Feds Launch Search Into Google Deal
Feds Launch Search Into Google Deal
May 29, 2007 4:54 AM CDT

Feds Launch Search Into Google Deal

FTC starts preliminary antitrust probe into $3 Billion DoubleClick buy

(Newser) - The FTC has initiated an antitrust probe into search behemoth Google's $3.1 billion acquisition of a major online ad company, sources tell the New York Times. Both competitors and privacy advocates are chafing at the proposed deal between Google, which stores users' search histories, and DoubleClick, which keeps track...

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