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S&Ps IHS Acquisition Likely to Draw Antitrust Scrutiny from Biden Administration

2020-12-04 11:25:00| OGI

Data giant S&P Global Inc.'s plan to buy IHS Markit Ltd. for $44 billion will face hard questions from the incoming administration of President-elect Joe Biden, antitrust experts say.

Tags: administration draw acquisition scrutiny

DoJ to Google: Try This Antitrust Suit on for Size

2020-10-21 13:00:00| TechNewsWorld

Google found itself in the crosshairs of government regulators Tuesday as the U.S. Justice Department filed a civil lawsuit against the tech giant for unlawfully maintaining a monopoly in online search services and in search advertising. "This is a monumental case for the Department of Justice and, more importantly, for the American consumer," U.S. Attorney General William P. Barr said in a statement.

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Google hit by antitrust lawsuit in US over search

2020-10-20 18:54:35| BBC News | Business | UK Edition

The US Justice Department accuses Google of disadvantaging its rivals in search and advertising.

Tags: search over google hit

US Congressional report calls for antitrust action against tech giants

2020-10-07 08:44:00| Telecompaper Headlines

(Telecompaper) A report from a key committee in the US Congress has accused tech giants Apple, Amazon, Facebook and Google of exploiting their significant market power in anticompetitive ways. After over 16 months of investigation, the House Judiciary Committee's Antitrust Subcommittee concluded that Congress and the antitrust enforcement agencies "need to take action that restores competition, improves innovation, and safeguards our democracy". It will be up to the new Congress elected in November to decide whether to take action on the report.

Tags: report action tech calls