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August 9, 2018 The attempted acquisition of Tribune Media by Sinclair Broadcast Group was a proposed broadcast media transaction between Sinclair Broadcast Group and Tribune Media . Formally announced on May 8, 2017, the $3.9 billion deal would have resulted in Sinclair owning—or having operational control over—stations available in 72% of ...
The United States Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights is one of eight subcommittees within the Senate Judiciary Committee. It was previously known as the Subcommittee on Antitrust, Competition Policy and Consumer Rights.
For example, in its 1962 decision Brown Shoe Co. v. United States, [25] the Supreme Court ruled that a proposed merger was illegal even though the resulting company would have controlled only five percent of the relevant market. [23] In a now-famous line from his dissent in the 1966 decision United States v.
(Reuters) -The U.S. Department of Justice plans to issue an outline by December on what Alphabet's Google must do to restore competition after a judge earlier found the company illegally ...
"The court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly," U.S. District Judge Amit Mehta, Washington, D.C., wrote.
The government now argues Google broke the law as it became the dominant way most people searched for information on the web, abusing its power through contracts that secured its search engine as ...
The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of Instagram and WhatsApp. [1] The suit was filed on December 8, 2020, in conjunction with 46 states. The lawsuit was initially dismissed in June 2021, but was refiled with an amended complaint in August 2021. [2]
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.