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US prosecutors opened a landmark antitrust trial against Google on Tuesday with sweeping allegations that for years the company intentionally stifled competition challenging its massive search ...
At the initial trial which began in 1998, the United States District Court for the District of Columbia ruled that Microsoft's actions constituted unlawful monopolization under Section 2 of the Sherman Antitrust Act of 1890, [2] but the U.S. Court of Appeals for the D.C. Circuit partially overturned that judgment in 2001. [1]
The significance of the Internet in the creation of these monopolies, in more recent years, has been somewhat diminished due to increased knowledge and awareness of how to use the technology. At the same time, the ever-increasing complexity of digital technologies strengthens monopolies of knowledge, according to the New York Times :
This has led to an extension of theory to address what is called "monopoly-finance capital," the "internationalization of monopoly capital," the globalization of the reserve army of labor, and the growing monopolization of communications, most dramatically the Internet. [9] [10] [11]
The Internet: It's sure been around awhile. There is now a whole generation that wonders about the purpose of a printed map and why in the world phone directories exist. But even with its ...
Between 1995 and 2000, Internet start-ups encouraged investors to pour large sums of money into companies with ".com" in their business plan. When the commercialization of the Internet became more acceptable and fast-paced, Internet companies began to form rapidly with minute planning in order to get into what they thought would be easy money.
A U.S. appeals court ruled on Thursday the Federal Communications Commission did not have legal authority to reinstate landmark net neutrality rules. The decision is a blow to the outgoing Biden ...
Monopolization is defined as the situation when a firm with durable and significant market power. For the court, it will evaluate the firm’s market share. Usually, a monopolized firm has more than 50% market share in a certain geographic area.