We must take on Big Pharma, Big Oil, Big Ag, Big Tech, and all the other corporate monopolists whose greed is denying progress for working people.
After Fubo filed an antitrust lawsuit against the trio for its upcoming Venu streaming service, Puck’s Eriq Gardner sat in on an evidentiary hearing overseen by NY District Judge Margaret Garnett:
From the several days of testimony I witnessed — packed with executives, consultants, and economists — it feels like a preliminary injunction might just be on the table... Garnett seems genuinely concerned by the extraordinary influence that could be wielded by an alliance of the sector’s behemoths.
The most likely targets to be spun out are Google’s Android mobile operating system or its Chrome browser, Bloomberg reports. DOJ’s antitrust chief Jonathan Kanter has long signaled he prefers structural remedies (legal speak for breakups) in many cases. Either way, Bloomberg says DOJ is likely to ask for a ban on exclusive contracts the judge found helped reinforce Google’s monopoly. A DOJ spokesperson said it’s evaluating the ruling and “No decisions have been made at this time.”
AAG Jonathan Kanter says the Google monopoly verdict belongs on the ‘Mount Rushmore of antitrust.’
Finally, a legal ruling on whether TikTok is a real search engine. (It’s not.)
