antitrust

Antitrust regulators propose banning non-compete clauses for workers

Antitrust regulators propose banning non-compete clauses for workers

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Comment this story Comment The Federal Trade Commission on Thursday proposed a rule prohibiting employers from imposing non-competition clauses on workers — a widespread practice that economists say suppresses wages, prevents new businesses and raises consumer prices. . The ban would make it illegal for companies to enter into non-competition contracts with employees or to …

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Amazon avoids multi-billion dollar fine as it reaches EU antitrust settlement

Amazon avoids multi-billion dollar fine as it reaches EU antitrust settlement

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The regulator was concerned about Amazon’s dual role as a marketplace and competitor to merchants selling on its platform. Nathan Stirke | Getty Images Amazon on Tuesday agreed to make significant changes to its European operations as part of a settlement of antitrust investigations that could have resulted in a hefty fine for the e-commerce …

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Meta takes on the US antitrust agency over the future of virtual reality

Meta takes on the US antitrust agency over the future of virtual reality

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SAN JOSE, Calif./WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc (META.O) of trying to buy its way to dominance in the metaverse, launching a high-profile lawsuit to try to stop parent Facebook from buying virtual reality app developer Within Inc. The FTC filed a lawsuit in July to end …

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Microsoft risks an antitrust battle over the future of gaming

Microsoft risks an antitrust battle over the future of gaming

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This article was first published in Yahoo Finance Technology, a weekly newsletter highlighting our original industry content. Get it straight to your inbox every Wednesday before 4 p.m. ET. Subscribe Wednesday, December 7, 2022 Microsoft could face its first antitrust fight in years over ‘Call of Duty’ Microsoft has launched its opening salvo in what …

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Taylor Swift-Ticketmaster fiasco is

Taylor Swift Ticketmaster debacle draws attention of Senate anti-trust panel

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US lawmakers are set to investigate the ticketing industry after millions of Taylor Swift fans were blocked from buying concert tickets for the Grammy winner’s upcoming ‘The Eras Tour’ . The senses. Amy Klobuchar, D-Minn., and Mike Lee, R-Utah, announced a hearing of the Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights on Tuesday …

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Disney strikes with antitrust lawsuit over live TV pricing

Disney strikes with antitrust lawsuit over live TV pricing

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An antitrust lawsuit has been filed against The Walt Disney Company in a case that targets the entertainment monolith’s dual role as content provider and distributor in business dealings. Disney operates Hulu, the nation’s second-largest over-the-air pay-TV provider, while controlling ESPN. The proposed class action accuses Disney of running the companies as a single entity, …

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Ticketmaster faces antitrust scrutiny after Taylor Swift ticket chaos

Ticketmaster faces antitrust scrutiny after Taylor Swift ticket chaos

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Ticketmaster is coming under greater scrutiny from politicians after its chaotic presales of tickets for Taylor Swift’s tour. Tennessee Attorney General Jonathan Skrmetti said he is investigating whether Ticketmaster violated consumer rights and antitrust regulations. Skrmetti is the latest politician to draw attention to Ticketmaster and Live Nation’s stranglehold on the ticketing market. It comes …

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Taylor Swift ticket problem caused by Ticketmaster abusing its market power, says Senate antitrust chairman | CNN Business

Taylor Swift ticket problem caused by Ticketmaster abusing its market power, says Senate antitrust chairman | CNN Business

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New York CNN Business — Senator Amy Klobuchar slammed Ticketmaster in an open letter to its CEO, saying she had “serious concerns” about the company’s operations following a Tuesday service outage that left Taylor Swift fans furious. In the letter to CEO Michael Rapino, the Minnesota Democrat and chairman of the Senate Judiciary Subcommittee on …

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Taylor Swift ticket problem caused by Ticketmaster abusing its market power, says Senate antitrust chairman | CNN Business

Taylor Swift ticket problem caused by Ticketmaster’s abuse of market power, says Senate antitrust chairman | CNN Business

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New York CNN Business — Senator Amy Klobuchar slammed Ticketmaster in an open letter to its CEO, saying she had “serious concerns” about the company’s operations following a Tuesday service outage that left Taylor Swift fans furious. In the letter to CEO Michael Rapino, the Minnesota Democrat and chairman of the Senate Judiciary Subcommittee on …

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