The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Silicon Valley, CA — In a bold move that could reshape the web browser market, AI startup Perplexity has made an unsolicited $34.5 billion all-cash offer to acquire Google’s Chrome browser, which currently serves over 3 billion users worldwide.
the staff of the Ridgewood blog
Ridgewood NJ, the US Justice Department is preparing to file a lawsuit against Apple, possibly as soon as Thursday, alleging that the tech giant has violated antitrust laws by restricting competitors’ access to hardware and software features of its iPhone. This legal action would escalate the Biden administration’s ongoing antitrust crackdown on major US technology firms. Currently, the Justice Department is already pursuing a lawsuit against Google for monopolistic practices, while the Federal Trade Commission is actively investigating antitrust allegations against Meta (formerly Facebook) and Amazon.
the staff of the Ridgewood blog
Trenton NJ, New Jersey Attorney General Gurbir S. Grewal today joined with 47 other Attorneys General in suing Facebook, Inc. for allegedly violating federal antitrust laws by monopolizing the market for personal social networking services, and by using illegal mergers and other anti-competitive tactics to maintain its monopoly power.
Continue reading NJ Attorney General Announces Federal Antitrust Lawsuit Against Facebook
