antitrust

U.S. Approves Disney’s Buyout of Fox

U.S. Approves Disney’s Buyout of Fox

Walt Disney Co. (NYSE: DIS) has received approval from U.S. regulators to buyout Twenty-First Century Fox (NASDAQ: FOXA) for USD 71.3 Billion, on terms that Disney will divest Fox’s 22 Regional Sports Networks, according to a statement from th..

Google is on the Defense

Google is on the Defense

Alphabet Inc. (NASDAQ: GOOGL) is on the defensive. Just one day after the European union hit Google with a $2.7 billion antitrust fine, a Canadian court has ruled against the tech giant as well. A court in British Columbia ruled that Google must rem..

Alphabet Inc. Hit With Record Fine from the EU on Antitrust Violations

Alphabet Inc. Hit With Record Fine from the EU on Antitrust Violations

European Union antitrust officials fined Alphabet Inc. (NASDAQ: GOOGL) unit Google with a record 2.42-billion-euro, equivalent to $2.7 billion. The EU is demonstrating a tough position against the tech and internet giant, claiming that Google h..