Monopoly and antitrust

FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. The Federal Trade Commission on Wednesday, April 1, 2020, sued to break up the multibillion-dollar partnership between tobacco giant Altria and e-cigarette startup Juul Labs. In a legal filing Wednesday, the watchdog agency said the financial and business dealings between the companies amounted to an agreement not to compete.(AP Photo/Seth Wenig, File)
1010 WINS Newsroom
April 02, 2020 - 11:07 am
WASHINGTON (AP) — U.S. business regulators are suing to break up the multibillion-dollar deal between tobacco giant Altria and e-cigarette startup Juul Labs, saying their partnership amounted to an agreement not to compete in the U.S. vaping market. The action announced late Wednesday by the...
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FILE - In this June 19, 2015, file the Justice Department Building in Washington. The Justice Department says pharmaceutical company Sandoz Inc. will pay a $195 million penalty to resolve criminal charges of conspiring to fix prices and rig bids for generic drugs. Officials say Monday, March 2, 2020, that the company would admit guilt and pay the penalty. (AP Photo/Andrew Harnik, File)
1010 WINS Newsroom
March 02, 2020 - 7:00 pm
WASHINGTON (AP) — The Justice Department said Monday that pharmaceutical company Sandoz Inc. will pay a $195 million penalty to resolve criminal charges of conspiring to fix prices and rig bids to stifle competition for generic drugs. As part of the agreement, the generic pharmaceutical company...
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FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal regulators are amping up their investigation of the market dominance of five giant tech companies, demanding detailed information on their acquisitions back to 2010. The Federal Trade Commission announced the move Tuesday, issuing orders to Facebook, Amazon, Apple, Microsoft and Google's parent Alphabet Inc. (AP Photo/Alex Brandon, File)
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February 11, 2020 - 7:32 pm
WASHINGTON (AP) — Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies' acquisitions of smaller firms back to 2010. The Federal Trade Commission announced the move Tuesday, issuing orders to Facebook...
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1010 WINS Newsroom
February 07, 2020 - 6:15 pm
WASHINGTON (AP) — The Trump administration has ended its antitrust probe into a deal between California and four big automakers, after failing to find that the companies' conduct violated the law. The Justice Department's investigation, which started last fall, had aimed to determine whether...
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FILE - In this Nov. 5, 2019 file photo, Assistant Attorney General Makan Delrahim, speaks at the Justice Department in Washington. Delrahim, the Justice Department official leading the investigation of big tech companies’ market dominance is stepping aside from the department’s Google probe because of his previous lobbying work for Google. A person familiar with the matter says Delrahim is recusing himself from the investigation into Google. The person wasn’t authorized to discuss the investigation and spoke to The Associated Press on Tuesday on the condition of anonymity. (AP Photo/Cliff Owen)
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February 04, 2020 - 11:30 am
WASHINGTON (AP) — The Justice Department official leading the investigation of big tech companies’ market dominance is stepping aside from the department’s Google probe because of his previous lobbying work for Google. Assistant Attorney General Makan Delrahim is recusing himself from the...
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File-This 1968 file photo shows St. Louis Cardinals outfielder Curt Flood. Flood set off the free-agent revolution 50 years ago Tuesday, Dec. 24, 2019, with a 128-word letter to baseball Commissioner Bowie Kuhn, two paragraphs that pretty much ended the career of a World Series champion regarded as among the sport's stars but united a union behind his cause. (AP Photo/File)
1010 WINS Newsroom
December 23, 2019 - 7:18 pm
NEW YORK (AP) — Curt Flood set off the free-agent revolution 50 years ago Tuesday with a 128-word letter to baseball Commissioner Bowie Kuhn, two paragraphs that pretty much ended the career of a World Series champion regarded as among the sport's stars but united a union behind his cause. St...
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1010 WINS Newsroom
December 20, 2019 - 5:05 pm
SACRAMENTO, Calif. (AP) — One of Northern California's largest health systems will pay $575 million to settle claims that it used anti-competitive practices to bump up costs for patients, the state's attorney general said Friday, though that falls short of damages sought in a related private...
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FILE - In this Sept. 24, 2019, file photo a sign is shown on a Google building at their campus in Mountain View, Calif. Google plans offer checking accounts run by Citigroup and a credit union, according to a report by The Wall Street Journal. (AP Photo/Jeff Chiu, File)
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December 17, 2019 - 6:38 am
LONDON (AP) — Britain's competition watchdog said Tuesday it launched a formal inquiry into Google's takeover of cloud data analytics company Looker Data Sciences, as it intensifies scrutiny of technology deals. The Competition and Markets Authority said it had notified the two companies on Monday...
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FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York. T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” (AP Photo/Bebeto Matthews, File)
1010 WINS Newsroom
December 12, 2019 - 7:49 pm
NEW YORK (AP) — T-Mobile CEO John Legere said if his company's $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” Legere's testimony came on the fourth day of a high-profile...
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FILE - In this Nov. 2, 2015, file photo Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco. Google co-founders Larry Page and Sergey Brin are stepping down from their roles within the parent company, Alphabet. Page who had been serving as CEO of Alphabet, and Brin, who had been president of Alphabet, will remain on the board of the company (AP Photo/Jeff Chiu, File)
1010 WINS Newsroom
December 04, 2019 - 3:43 pm
SAN FRANCISCO (AP) — Google’s co-founders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress, are taking a keen interest in the possible abuse of its privacy practices and market power. But their long foreshadowed...
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