What would it take to win an antitrust lawsuit against the world's largest search engine? A highly successful prosecutor is a good first step for the Federal Trade Commission, which has launched an investigation into Google's business practices. The agency has hired an attorney who is best known for winning a death sentence against Oklahoma City bomber Timothy McVeigh. Although there's no guarantee the investigation will result in a trial, the hiring of the former Department of Justice prosecutor is a strong sign the FTC is considering commercial litigation against the Internet giant.
With such intense competition for programmers and other highly skilled tech talent in Silicon Valley, many workers have become accustomed to frequent calls from competing tech companies trying to lure them away with bigger salaries. But recently the phones have stopped ringing for many of these employees, prompting an antitrust lawsuit against some of the most prominent tech firms.
A recent business move by both Apple and Google toward purchasing a great deal of technology patents has alerted the attention of the Department of Justice. According to a recent article in the International Business Times by James Lee Phillips, the U.S. Department of Justice has been investigating possible antitrust issues with Apple and Google in this potential purchase.
Comcast's challenge was not over after it crafted and proposed a $30 billion deal to merge with NBCU; it now faces intense political scrutiny. The potential deal is now six months into an anti-trust review by government regulators. The company has been working hard to appease its critics in Congress and the American public, but each week it seems a new criticism or group speaks out against the deal.
While the rental car giants Hertz and Avis argue in public over who has the better chance to get regulatory approval to acquire Dollar Thrifty Automotive Group, investors and experts believe that it will come down to the highest bid, The Wall Street Journal reports. Those knowledgeable about the matter seem to agree that either company would face equally significant challenges in order to gain regulatory approval for a merger with Dollar. A merger between either New Jersey-based Hertz Global Holdings Inc. and Dollar or Avis Budget Group Inc. and Dollar would create serious antitrust issues, which this post will delve into.
The Park Ridge, New Jersey-based rental car company, Hertz Global Holdings Inc., is waiting to see how much money Avis Budget Group Inc. will bid in a counter-offer in the two companies' long-time battle to acquire Dollar Thrifty Automotive Group. People following the contentious competition say that it is likely the winning deal will come down to cash. If Avis bids significantly more than Hertz, it is likely Dollar will choose Avis, and Hertz will walk away from the dealings.