In a significant legal development, a recent court ruling has bolstered the U.S. Department of Justice’s (DOJ) case against collaborative pricing practices in the technology sector, particularly focusing on allegations of algorithmic collusion. The case revolves around Yardi Systems, a dominant player in the real estate software market, which the DOJ accuses of illegally conspiring […]
Trump Discusses EU Fines with Apple CEO Tim Cook
In a significant conversation highlighting the ongoing tensions between American tech giants and European regulatory frameworks, former President Donald Trump recently spoke with Tim Cook, the CEO of Apple. The discussion focused on substantial financial penalties imposed by the European Union on the tech powerhouse, with Trump relaying claims that Cook detailed a staggering $15 […]
Major Firms Agree to Pay $3.8 Million Over US SEC Violations
In a significant regulatory action, several major firms, including industry giants like Alphabet and Goldman Sachs, have collectively agreed to pay $3.8 million in penalties due to violations enforced by the US Securities and Exchange Commission (SEC). This decisive step by the SEC is part of their broader initiative aimed at ensuring compliance with timely […]