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US House Panel Advances Bill to Allow Anti-trust Suits Against OPEC

2021-04-20 21:05:00| OGI

The so-called NOPEC bill, introduced by Representative Steve Chabot, would allow the U.S. Justice Department to bring anti-trust lawsuits against oil-producing countries in OPEC.

Tags: house bill panel advances

 

Mexicos Planned Oil Changes Could Hurt Competition, Antitrust Body Says

2021-04-12 22:28:15| OGI

Anti-trust watchdog COFECE also said that if the initiative is approved, it would generate legal uncertainty in the industry and distort the system of oil permits.

Tags: body says oil competition

 
 

Facebook asks judge to throw out FTC anti-trust lawsuit

2021-03-11 01:51:31| BBC News | Business | UK Edition

The charges allege Facebook bought up its rivals to maintain a monopoly.

Tags: judge throw asks facebook

 

Big tech beware: Antitrust specialist Lina Khan may get FTC posting

2021-03-10 01:00:00| Total Telecom industry news

Big tech companies in the US may see trouble on the horizon, with reports suggesting that President Biden is lining up antitrust scholar Lina Khan for an FTC position.    The FBI is currently conducting a background check on Khan, according to sources, while others familiar with the matter said that the President was likely to nominate Khan for the role…read more on TotalTele.com »

Tags: big tech posting specialist

 

Google hit with third antitrust suit as states point to illegal monopoly in search

2020-12-18 09:01:00| Telecompaper Headlines

(Telecompaper) Google is facing a third major antitrust suit in the US, started by 38 states led by the Colorado attorney general. Similar to the case filed by the federal Department of Justice in October, the states allege Google illegally maintains its monopoly in the search market through anti-competitive practices, harming both consumers and advertisers. The suit adds the additional charge of 'search bias', accusing Google of favouring its own services in search results. 

Tags: search point states google

 

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