Antitrust

More than a decade after Snap Inc. (NYSE:SNAP) turned down a multibillion-dollar buyout from Facebook, the failed deal is back in the spotlight as Mark Zuckerberg testifies in Meta Platforms Inc.'s (NASDAQ:META) high-stakes antitrust trial. What Happened: On Tuesday, during his second day on the...

On Monday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg testified in a Washington, D.C., courtroom. What Happened: The Federal Trade Commission (FTC) and Meta opened arguments in a trial that could lead to the forced divestiture of Instagram and WhatsApp, reported CBS News. "There's...

Social media giant Meta Platforms (NASDAQ:META) could be forced to spinoff or divest Instagram and WhatsApp as the result of a pending trial with the Federal Trade Commission. What Happened: Lina Khan, who stepped down as FTC Chair in January 2025, is speaking out as Meta's antitrust trial begins...

Discover Financial Services Inc. (NYSE:DFS) shares are trading lower Monday as concerns over antitrust scrutiny weighed on the company’s proposed merger with Capital One Financial (NYSE:COF). What To Know: The drop followed reports the U.S. Department of Justice is reviewing the $35.3...

Senator Elizabeth Warren (D-Mass.) is targeting Walt Disney Company's (NYSE:DIS) proposed tie-up with FuboTV (NYSE:FUBO) that could change the streaming sector. What Happened: In a letter to the Department of Justice, Warren asks for close scrutiny on the deal due to antitrust concerns and fear...

Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) shares are treading water Tuesday amid reports Google has come under investigation by U.K. officials related to Search dominance. What Happened: According to a Wall Street Journal report, the Competition and Markets Authority has said it’s...

At a strategy meeting featuring Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) executives, CEO Sundar Pichai addressed key 2025 topics, including artificial intelligence, competition and regulatory pressure. "The stakes are high," Pichai said at the Dec. 18 gathering, as reported by CNBC. "I think 2025...

Video platform company Rumble Inc (NASDAQ:RUM) could have reasons to smile with several announced picks of the new White House administration. What Happened: Rumble filed several lawsuits against Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) unit Google over the years, alleging favoritism for YouTube in...

Nvidia Corp. (NASDAQ:NVDA) has dismissed rumors circulating on social media suggesting it plans to decrease its supply of products to China. The company clarified through a post on Chinese social media that these claims are untrue. What Happened: Nvidia emphasized the significance of the...

New polls of Benzinga readers show they don't think the Department of Justice should break up Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) or target other Magnificent 7 stocks. What Happened: A recent investigation by the Department of Justice found prosecutors telling Alphabet it needs to divest the...

The EU is reportedly set to investigate Amazon.com, Inc. (NASDAQ:AMZN) in 2025 for favoring its in-house branded products. What Happened: The EU is preparing a case against Amazon under its Digital Markets Act or DMA, reported Reuters, citing people with direct knowledge of the matter. The probe...

The EU Court of Justice has ruled in favor of Intel (NASDAQ:INTC), concluding a nearly two-decades-long antitrust case with EU regulators. This ruling marks a significant victory for the tech giant against the European Commission’s claims. What Happened: The EU Court of Justice, Europe’...

The U.S. Department of Justice confirmed this week that it’s considering taking actions to curtail Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Search dominance. Multiple analysts reacted to the news on Wednesday. What Happened: The DOJ announced late Tuesday that it’s...

The Department of Justice is evaluating the possibility of dismantling Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google, as a response to antitrust violations. This development follows a recent court ruling that found Google guilty of leveraging its products to maintain a monopoly in...

Following the antitrust verdict, Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has made moves to halt changes proposed by Epic Games. What Happened: In a blog post on Monday, Google said that it is appealing the court’s decision which requires it to open its Play Store to third-...