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On July 27, 2022, the Federal Trade Commission (FTC) filed an antitrust lawsuit against Meta Platforms in the Northern California U.S. District Court requesting a temporary restraining order and preliminary injunction to block its acquisition of Within Unlimited under the Federal Trade Commission Act of 1914.
Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer-chip technology, according to a joint court filing on Friday in California federal ...
On February 23, 2022, Reuters reported that the FTC proposed a trial date of December 11, 2023 to allow for sufficient discovery. However, attorneys for Meta urged the court to delay the trial date to February 13, 2024. [13] On February 22, 2024, the FTC told the district court that the lawsuit could be ready for trial before the end of the year.
After the issuance of a class-action lawsuit in 2017 and lengthy litigation, in 2020, Apple agreed to pay the compensation of $500m (about $25 for each affected user). [78] In June 2022, a class action claim was launched with the Competition Appeal Tribunal based on the same software update. The claim states that the lack of an option to ...
GlobalFoundries, which is majority owned by Abu Dhabi's sovereign wealth fund Mubadala, separately sued Armonk, New York-based IBM in New York federal court in 2023 for allegedly misappropriating ...
On January 18, 2022, Microsoft announced its intention to acquire Activision Blizzard for US$68.7 billion, following the company's acquisition of ZeniMax Media for US$7.5 billion in March 2021 and amid a workplace misconduct lawsuit filed against the company by the California Department of Fair Employment and Housing.
The lawsuits drove the company to declare bankruptcy in 1995, before it agreed to pay $2.3 billion to settle claims from 240,000 women in amounts ranging from $2,000 to $250,000 each in 2004 ...
United States v. Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on January 24, 2023. [2] The suit accuses Google of illegally monopolizing the advertising technology (adtech) market in violation of sections 1 and 2 of the Sherman Antitrust Act of 1890.