Page 14 - Antitrust Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Justice Department Investigating Overwatch League Share Image: Robert Paul / Activision Blizzard / DoJ / Kotaku The U.S. Department of Justice is looking into the Overwatch League’s soft salary cap policy that punishes teams who pay players too much, according to a new report by Dot Esports. The investigation is being headed up by the Civil Conduct Task Force, part of the department’s antitrust division. According to Dot Esports, regulators are looking into whether the Overwatch League’s secret soft cap on salaries violates the 1890 Sherman Antitrust Act because the players aren’t u...

US judge throws out antitrust complaints against Facebook The ruling is a major blow against the federal government's efforts to rein in big tech companies. The FTC claims Facebook wield too much power in the social media market A US federal judge in Washington DC on Monday threw out antitrust complaints by the Federal Trade Commission (FTC) and a group of state attorneys general against tech giant Facebook.  The ruling is a major setback for the federal government's efforts to rein in the power of big tech companies.  What did the judge say? US District Judge James Boasberg said in a fili...

Facebook hits $1T market cap as FTC antitrust lawsuit is dismissed SHARE Shares in Facebook Inc. surged today following a court ruling dismissing an antitrust complaint brought by the U.S. Federal Trade Commission. The 4% rise in Facebook’s share price catapulted the company’s market cap to $1 trillion for the first time. In passing $1 trillion, Facebook has become the fifth listed company in history to reach the mark behind Apple Inc., Microsoft Corp., Amazon.com Inc. and Google LLC’s parent Alphabet Inc. The surge in Facebook’s shares came just before 3 p.m...

What you need to know DC's Attorney General filed a lawsuit against Amazon alleging that the company fixes online retail prices. DC AG says that the practices aren't helping third-party resellers. Amazon has been under anti-competitive scrutiny for over a year now. DC's Attorney General has filed a lawsuit against Amazon to end anti-competitive practices that have raised prices for consumers and stifled innovation and choice across the platform. Karl Racine alleges in a press release that Amazon's fixes online retail prices through contract provisions and policies to third-party sellers. The ...

中国颁布阻断立法应对外国法律不当域外实施 As the first departmental legislation of the Ministry of Commerce (MOC) in 2021, Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures (Blocking Rules) were published with immediate effect beginning Jan. 9, 2021. Given the trade, technology, and even diplomacy tensions between the United States and China, a series of legislations were promulgated starting in the second half of 2020. Apart from the Blocking Rules, the MOC also issued the Provisions on the List of Unreliable Entities...