Antitrust

Event Promoter Relevent Sports Drops FIFA as Defendant in Antitrust Lawsuit, Paving the Way for Potential Worldwide Club League Games Outside Home Territories

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NEW YORK CITY – Event promoter Relevent Sports has made the decision to drop FIFA as a defendant in its antitrust lawsuit against FIFA and the U.S. Soccer Federation. The resolution was filed in U.S. District Court in Manhattan on Monday. However, it is important to note that U.S. Soccer remains a defendant in the ongoing case, which has the potential to be taken to the U.S. Supreme Court. The lawsuit centers around the possibility of allowing club teams from around the world to play official league games outside of their home territories. Currently, this … Read more

Antitrust Lawsuit Unleashes Potential for Revolutionary iPhone Changes

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San Francisco, CA – The ongoing antitrust lawsuit against Apple has the potential to bring significant changes to the iPhone ecosystem. The lawsuit, initiated by Epic Games, has highlighted concerns about Apple’s control over its App Store and the restrictions it imposes on developers. If successful, the lawsuit could lead to a loosening of Apple’s grip on its devices, allowing for greater competition and potentially impacting the future of the iconic smartphone. At the heart of the lawsuit is the App Store, Apple’s exclusive marketplace for iOS apps. Epic Games, the maker of popular game … Read more

Warren Buffett’s Stance on Apple Stock: Will the DOJ Antitrust Lawsuit Affect His Investment?

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Omaha, NE – Warren Buffett, the renowned billionaire investor, has been a long-time supporter of Apple (NASDAQ: AAPL). However, recent reports suggest that Buffett’s enthusiasm for the tech giant may be waning. In the fourth quarter of 2023, Buffett’s company, Berkshire Hathaway, reduced its stake in Apple. This decision was made prior to the announcement from the U.S. Department of Justice (DOJ) that they, along with 16 state and district attorneys general, were filing an antitrust lawsuit against Apple. The lawsuit alleges that Apple violated antitrust laws by maintaining a monopoly in the smartphone market. … Read more

Apple Faces Landmark Antitrust Lawsuit, Accused of Betraying Its ‘Think Different’ Slogan and Creating a Powerful Monopoly

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SAN FRANCISCO, California – In a significant antitrust lawsuit filed on Thursday, the United States government accused Apple of betraying its own “think different” slogan. The lawsuit alleges that the tech giant has created a powerful monopoly that has locked millions of users into its ecosystem, making it one of the most valuable companies worldwide. This lawsuit marks a turning point for Apple, which had managed to avoid major antitrust action until now while other Big Tech companies faced scrutiny. The company now faces intense scrutiny from regulators in both the US and the EU, … Read more