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antitrust

Facebook hits $1 trillion value after judge rejects antitrust complaints

NEW YORK: A judge dismissed a blockbuster antitrust suit against Facebook filed last year by federal and state regulators, saying the lawsuit failed to “plausibly” establish that the social network had created a monopoly. Facebook shares rose more than 4%

China launches antitrust probe into tech giant Alibaba

BEIJING: China has launched an antitrust investigation into e-commerce giant Alibaba Group and will summon its Ant Group affiliate to meet in the coming days in the latest blow for Jack Ma’s empire. The probe is part of an accelerating

US sues Google for antitrust law violations, eyes breakup

WASHINGTON: The United States sued Google accusing the company of allegedly abusing its dominance in online search and advertising and using its market muscle to hobble rivals. The Justice Department lawsuit could lead to the break-up of an iconic company