Google slapped with massive $1.7 billion fine by EU Antitrust Agency for Restricting Rivals’ Ads

Alphabet Inc.’s Google has been penalized yet again by European antitrust regulators, this time with a €1.49 billion ($1.7 billion) fine for limiting how some websites could display ads sold by its rivals. This marks the third billion-dollar penalty European regulators have imposed on the tech giant for hindering competition. The EU says that Google …

Group of consumers challenging Apple in court for an ‘illegal monopoly’

WASHINGTON— Apple Inc.’s  exclusive market for selling iPhone apps came under fire at the Supreme Court Monday, as justices considered whether consumers should be allowed to proceed with a lawsuit alleging the company has an illegal monopoly that produces higher prices. The plaintiffs are a group of consumers challenging Apple’s requirement that all software for …