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Monopoly and antitrust

Federal judge orders Google to open its Android app store to competition

by Jeff Dinwiddie
Federal judge orders Google to open its Android app store to competition

SAN FRANCISCO — A federal judge on Monday ordered Google to tear down the digital walls shielding its Android app store from competition as punishment for maintaining an illegal monopoly …

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Google’s 2.4 billion euro fine upheld by Europe’s top court

by Sipho Sepamla
Google’s 2.4 billion euro fine upheld by Europe’s top court

The European Union flag is seen with Google’s logo. Jaap Arriens | NurPhoto | Getty Images Europe’s top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed …

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Dow sheds 1,000 points, Japan stocks rebound

by Merchant Moller
Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors …

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CNBC Daily Open: Dow sheds 1,000 points

by Shen Ridenbaugh
CNBC Daily Open: Dow sheds 1,000 points

A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024.  Charly Triballeau | Afp …

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Nvidia shares fall after report that it faces a US DOJ antitrust probe

by Merchant Moller
Nvidia shares fall after report that it faces a US DOJ antitrust probe

Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa Cheng | AFP | Getty Images The U.S. Department of Justice is investigating complaints that …

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Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC

by Merchant Moller
Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in …

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NCAA, leagues sign off on $2.8 billion plan, setting stage for dramatic change across college sports

by Karel Erdley
NCAA, leagues sign off on .8 billion plan, setting stage for dramatic change across college sports

The NCAA and the nation’s five biggest conferences have agreed to pay nearly $2.8 billion to settle a host of antitrust claims,a monumental decision that sets the stage for a …

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UK regulators refer Vodafone’s merger with Three for in-depth probe

by Merchant Moller
UK regulators refer Vodafone’s merger with Three for in-depth probe

A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull …

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Apple hit with more than $1.95 billion EU antitrust fine over music streaming

by Sipho Sepamla
Apple hit with more than .95 billion EU antitrust fine over music streaming

The Apple logo. Costfoto | Nurphoto | Getty Images The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine …

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Adobe and Figma call off $20 billion merger

by Sipho Sepamla
Adobe and Figma call off  billion merger

Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said …

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