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3 weeks ago | 
mlex.com | Clayton Vickers |Chris May
By Clayton Vickers and Chris May ( June 2, 2025, 22:34 GMT | Insight) -- Google parent Alphabet has agreed to spend at least half a billion dollars over the next decade on revamping its global compliance apparatus, according to a proposed settlement with shareholders suing the company in California federal court over “systematic anticompetitive behavior across several core business operations.”Google parent Alphabet has agreed to spend at least half a billion dollars over the next decade...
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4 weeks ago | 
mlex.com | Chris May |Clayton Vickers
By Chris May and Clayton Vickers ( May 30, 2025, 21:49 GMT | Insight) -- Google must hand over internal analyses and reports detailing how it might spin off major pieces of its digital advertising technology empire as part of remedy proceedings in high stakes antitrust litigation with a US Department of Justice-led coalition, a Virginia federal judge said today.Google must hand over internal analyses and reports detailing how it might spin off major pieces of its digital advertising...
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1 month ago | 
mlex.com | Chris May |Khushita Vasant
By Chris May and Khushita Vasant ( May 21, 2025, 01:52 GMT | Insight) -- Facebook offered a “good fit” for WhatsApp, and the mobile messaging app had no plans to pivot toward being a direct competitor prior to its 2014 acquisition, WhatsApp co-founder Brian Acton testified today.
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1 month ago | 
mlex.com | Clayton Vickers |Chris May
By Clayton Vickers and Chris May ( May 8, 2025, 22:00 GMT | Insight) -- A federal judge today pushed parties involved in US price-fixing claims over broiler chickens to maintain a tight schedule toward an April 2027 trial date, resisting requests to delay deadlines or complicate discovery.A federal judge today pushed parties involved in US price-fixing claims over broiler chickens to maintain a tight schedule toward an April 2027 trial date, resisting requests to delay deadlines or complicate...
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1 month ago | 
mlex.com | Khushita Vasant |Chris May
May 3, 2025, 02:17 GMT | Insight Google's economic expert decried in court today the US Department of Justice's remedy proposals over data sharing and ad auctions in a monopoly trial as "regulation," stating the government was forcing the company to reveal the "guts of its system." Dr Mark Israel, who testified for Google during the liability phase of an Internet search monopolization lawsuit, returned to the witness stand in an evidentiary trial in which the DOJ and several states are...
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2 months ago | 
mlex.com | Chris May |Mike Swift
By Chris May and Mike Swift ( April 18, 2025, 18:21 GMT | Comment) -- Mark Zuckerberg, the highest-profile witness in a US Federal Trade Commission lawsuit seeking to break up Meta Platforms, offered testimony this week that will help the agency’s attempt to push forward a privacy-focused antitrust angle of attack that the US Department of Justice unsuccessfully deployed in an ongoing monopolization trial against Google that will soon be playing out in the same courthouse.Mark Zuckerberg, the...
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2 months ago | 
mlex.com | Khushita Vasant |Chris May
By Khushita Vasant and Chris May ( April 16, 2025, 00:34 GMT | Insight) -- Meta Platforms Chief Executive Mark Zuckerberg said he saw the writing on the wall when he suggested to a trusted circle of colleagues in 2018 that the company take the "extreme step of spinning Instagram out as a separate company" rather than have a hostile US government do it for them.Meta Platforms Chief Executive Mark Zuckerberg said he saw the writing on the wall when he suggested to a trusted circle of colleagues...
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2 months ago | 
mlex.com | Khushita Vasant |Chris May
By Khushita Vasant and Chris May ( April 15, 2025, 01:01 GMT | Insight) -- Meta Platforms CEO Mark Zuckerberg was so "worried" and even thought it was "scary" to see Facebook being "so far behind" Instagram over its camera features and wide network in 2012 that he solicited advice on paying a lot of money to buy the small, yet established competitor, according to internal documents shown today during the US Federal Trade Commission's monopoly trial against Meta.Meta Platforms CEO Mark...
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2 months ago | 
mlex.com | Khushita Vasant |Chris May
By Khushita Vasant and Chris May ( April 15, 2025, 01:01 GMT | Insight) -- Meta Platforms CEO Mark Zuckerberg was so "worried" and even thought it was "scary" to see Facebook being "so far behind" Instagram over its camera features and wide network in 2012 that he solicited advice on paying a lot of money to buy the small, yet established competitor, according to internal documents shown today during the US Federal Trade Commission's monopoly trial against Meta.Meta Platforms CEO Mark...
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2 months ago | 
mlex.com | Khushita Vasant |Chris May
By Khushita Vasant and Chris May ( April 14, 2025, 19:48 GMT | Insight) -- The US Federal Trade Commission today painted a picture of Meta Platforms as a monopolistic giant intent on squelching nascent rivals emerging as potential threats in the social media space by acquiring them while being willing to lose money just to keep the barriers to entry high for new competition.
