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...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
...The recent spate of cases are all under Section 2, and so they’re all being presented as [illegal monopolies]....
...Apple also challenges the notion it operates a monopoly around iOS. The next steps in the Google case are complex. The tech giant can appeal against the jury verdict sometime next year....
Judge dismisses some claims but allows others to proceed in suit filed by federal government
...The US government has accused Google of illegally maintaining a monopoly by paying for agreements that ensure its search engine appears prominently on smartphones and browsers....
...The presence of Apple’s app store negates arguments of a monopoly. Plus Google Android phones allow users to upload apps from other app stores....
...Alphabet is defending itself against a lawsuit from the US Department of Justice that accuses it of using anti-competitive agreements to gain a monopoly in online search and therefore digital advertising...
...“The government bears the burden of showing that Google has maintained a monopoly position through anti-competitive conduct.”...
...The default agreements are at the centre of the Department of Justice case, with the government claiming they unfairly shut out rival search engines and enable Google to maintain its search monopoly....
...The case, which is taking place in federal court in Washington DC, has resulted in the most high-profile monopoly trial since the DoJ accused Microsoft in the 1990s of seeking to quash then-pioneering web...
...After the US settled its antitrust case with Microsoft more than 20 years ago, the software company was subjected to years of technical monitoring to stop it using technical tie-ins to its PC monopoly to...
...By that measure they look like “bad” monopolies, the kind that dominate through political influence. Either way, the longer monopolies last, the less likely it is that they can be good....
...This “illegal monopoly” allegedly allowed Google to take a cut of as much as 30 per cent of the dollars flowing through its network....
...Echoing a widely-held view in antitrust circles, Michael Carrier, a law professor at Rutgers University, said it marked “the most significant antitrust monopoly case since Microsoft”....
Yale academic was among the first to show that tech groups’ ‘free’ products could be anti-competitive
...“Monopolies threaten the free and fair markets upon which our economy is based....
...But the real issue is the ability of tech platforms to create quasi-monopolies through network advantages. Attempts by US trust busters to grapple with the new dynamics of dominance should be welcomed....
...Zuckerberg has repeatedly hit out at Apple’s “conflict of interest”, criticising it of charging “monopoly rents” and stifling innovation....
...This merger is a cut and dry case of monopoly power, and enforcers should block it.”...
...Letter in response to this article: Three’s not so much a crowd as a monopoly in the cloud / From Mark Boost, Chief Executive, Civo, Stevenage, Hertfordshire, UK...
...Gazprom, the Russian state gas monopoly, purchased VK last year and appointed the son of Sergei Kirienko, one of the top Kremlin officials overseeing Russia’s invasion of Ukraine, as the company’s chief...
...Banks no longer retain a monopoly on financing blockbuster leveraged buyouts....
...TS: I’m terribly afraid the current monopolies will use their power to become the next monopolies on new generations of platforms — and continue to use that power to exclude all competition....
...Similar moves across the Atlantic would address accusations that Amazon, Apple, Facebook and Google abuse their monopoly position to pump their own products ahead of rivals’ offerings....
...Russia’s largest social media network VKontakte has come under state control after a series of deals gave a majority stake to companies linked to state-run gas monopoly Gazprom....
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