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News
Google to Appeal Swedish Court's Damages Award to Klarna
2+ hour, 25+ min ago (645+ words) Google plans to challenge a Swedish court ruling that ordered the company to pay billions of kronor in antitrust damages to PriceRunner, the price-comparison platform owned by Klarna, extending a long-running legal battle over the company’s treatment of rival shopping…...
The Grocery Run No Longer Belongs to One Retailer
1+ week, 1+ day ago (158+ words) A weekly grocery run seems like the perfect opportunity to fill a shopping cart with everything else a household needs. New data suggests consumers increasingly see it differently. A recent PYMNTS Intelligence report, “The Basket Breakaway: How Amazon Is Turning…...
Judge Lets Yelp Use DOJ's Search Monopoly Findings Against Google
2+ week, 6+ day ago (546+ words) Yelp has secured an important procedural victory in its antitrust lawsuit against Google after a federal judge ruled that the company can rely on key findings from the U.S. Department of Justice’s landmark search monopoly case instead of having to prove…...
Klarna’s PriceRunner Awarded $1.9 Billion in Google Antitrust Case
3+ week, 8+ hour ago (413+ words) A Swedish court on Wednesday (July 1) awarded PriceRunner $1.9 billion, Klara said in a news release, calling it compensation for lost revenue from “Google’s preferential treatment” of its comparison-shopping service over similar, independent services. “When markets work well, everyone benefits,” Dan…...
Klarna-Google Antitrust Verdict Set for July 1
3+ week, 6+ day ago (418+ words) Klarna notified its investors Wednesday (June 24) that a Swedish court has delayed for a third time its judgment in an antitrust case brought by Klarna subsidiary PriceRunner against Google. The Patent and Market Court in Stockholm has rescheduled the publication…...
Former DOJ Antitrust Leaders Criticize Live Nation Settlement After Trial's Abrupt End
1+ mon, 1+ week ago (532+ words) Two former senior antitrust officials who played key roles in the U.S. Department of Justice’s case against Live Nation and Ticketmaster have publicly criticized the department’s decision to settle the lawsuit shortly after trial proceedings began, expressing confidence that the government…...
Google Challenges Federal Antitrust Decision Over Search Dominance
2+ mon, 1+ hour ago (468+ words) Google is seeking to overturn a major antitrust ruling that determined the company illegally maintained dominance in the online search market, escalating one of the most significant legal fights facing the technology industry. The company filed its appeal Friday in…...
Chess Learns to Live With Its Robot Overlords
2+ mon, 1+ week ago (243+ words) Let us begin by tipping a small, respectful, slightly terrified king to the International Chess Federation, which has managed to connect three things that reliably make people feel inadequate: chess, artificial intelligence and education. At FIDE’s “Chess & AI in Education…...
Trivago Files Antitrust Case Against Google in Germany Over Search Practices
2+ mon, 2+ week ago (411+ words) Germany-based Trivago has filed an antitrust lawsuit against Google in a regional court in Hamburg, alleging that the technology company has engaged in anticompetitive conduct for more than a decade, according to a statement from the hotel and rental metasearch…...
Live Nation Loses Antitrust Case Brought by 33 States
3+ mon, 6+ day ago (407+ words) “The jury’s verdict is not the last word on this matter,” the company said in a statement posted Wednesday. A jury found Live Nation and Ticketmaster violated federal and state antitrust laws, the Office of the New York State Attorney…...