Anticompetitive

Federal Judge Rejects JetBlue’s $3.8 Billion Takeover of Spirit Airlines, Citing Anti-Competitive Concerns

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BOSTON, US – JetBlue’s $3.8 billion plan to acquire Spirit Airlines has been dealt a major blow as a federal judge ruled against the merger on Tuesday. The decision comes after the US Justice Department, in a bid to protect competition and prevent consumer harm, filed a lawsuit last year to block the deal. Following the announcement, Spirit Airlines shares plummeted by 50.1 percent, while JetBlue saw a 5.0 percent increase in its stock value. In a joint statement, both companies expressed their disagreement with the ruling by District Court Judge William Young in Boston. … Read more

Epic Scores Big Win: Jury Unanimously Finds Google Guilty of Anticompetitive Behavior in Android App Market

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SAN FRANCISCO (AP) — In a landmark decision, a jury has unanimously found that Google holds a monopoly in the Android app distribution and in-app billing services markets. The jury also determined that Google engaged in anticompetitive behavior in these markets, causing injury to the game developer Epic. Furthermore, the jury concluded that Google’s distribution agreement, known as Project Hug, as well as its deals with game developers and original equipment manufacturers (OEMs), were all anticompetitive. Google has announced its plans to appeal the verdict. Wilson White, Google’s vice president of affairs and public policy, … Read more