Breitbart Business Digest: Trump Offers Bold New Plan to Break China’s Rare Earth Monopoly
The Trump administration floated a bold idea to break China’s monopoly on rare earth minerals and attract long-term investment in U.S. rare earth production.

The Trump administration floated a bold idea to break China’s monopoly on rare earth minerals and attract long-term investment in U.S. rare earth production.

Google has become the first company to be designated with “strategic market status” by the UK’s Competition and Markets Authority, exposing its online search and advertising business to closer scrutiny.

After a hearing that lasted two weeks, the DOJ and Google have concluded their arguments over how to address the company’s illegal monopoly in advertising software.

The DOJ is seeking to break up Google’s advertising technology monopoly in the remedy phase of the government’s ad tech antitrust trial set to begin Monday in Virginia federal court. Google survived the previous Search antitrust trial with a slap on the wrist — a far cry from the forced sale of Chrome and other remedies the government sought.

Advertising exchange PubMatic has filed a lawsuit against Google, seeking billions in damages over claims the tech giant has illegally monopolized the ad technology market. The remedy phase of the DOJ’s antirust case against Google over its ad tech monopoly will begin this month.

Although Google is being considered a major winner this week following a federal district court judge’s antitrust ruling that analysts are calling a “slap on the wrist,” Apple has emerged from the trial as another big winner. Judge Amit Mehta ruled that Google can continue its lucrative search deals, used to lock it in as the default search engines for devices, including a $20 billion annual payment to Apple.

The judge in the Google Search antitrust case has ruled against the government’s proposals to break up the tech giant, including a forced sale of its Chrome browser. The ruling also allows Google to maintain its massive $20 billion deal with Apple, although the tech giant will be forced to end exclusive distribution contacts. Both the Big Tech Masters of the Universe and the stock market are celebrating the decision as a massive win for Google.

Ticketmaster is under fire again, this time by the FTC, which has accused the ticketing giant of turning a blind eye while scalpers gouge fans and then trying to twist President Trump’s ticket reform push into a scheme to grab even more power.

Elon Musk’s AI startup xAI has filed a lawsuit against Apple and OpenAI, accusing the two companies of engaging in an “anticompetitive scheme” to hinder the growth of rival AI companies.

Google’s monopoly over the search market may soon be unwound, as the judge in the long-running search antitrust case is poised to issue a ruling that could force the tech giant to sell off key assets including the Chrome browser.

Democrats and the anti-Trump media are falsely claiming the Trump antitrust team has abandoned “MAGA antitrust” because of a few mundane approvals of mergers that Joe Biden’s political appointees and career staff opposed.

Privacy-focused software provider Proton has filed a lawsuit against Apple, alleging the iPhone maker engages in anticompetitive practices and charges excessive fees in its App Store.

Luxembourg-based SES is pursuing a takeover of Intelsat that would unite the world’s two largest satellite fleets under European control while maintaining partnerships with Chinese military-linked companies, raising national security concerns for U.S. regulators.

A group of prominent lawyers with close ties to Big Tech companies are urging the federal judge presiding over the Google search antitrust case to exercise caution when imposing remedies against Google’s online monopoly.

The future of Mark Zuckerberg’s Meta is in a federal judge’s hands following the conclusion of a seven-week antitrust trial brought forth by FTC.

The ongoing remedy phase of Google’s search antitrust trial has revealed how the internet giant used its stranglehold over internet search to strongarm publishers on the controversial topic of AI training. Internal documents show Google considering giving publishers an opt out on AI training before deciding to force publishers to feed their insatiable AI machine.

Apple Senior Vice President of Services Eddy Cue defended the company’s $20 billion a year deal with search monopoly Google during the remedy phase of the internet giant’s antitrust trial in Washington, DC. Cue also testified that rapid advancements in AI could disrupt Google’s search monopoly more effectively than court intervention.

Google’s search chief, Elizabeth Reid, testified that the DOJ’s proposed changes to the company’s search practices could “deeply undermine user trust” and slow down innovation in the search industry. This claim comes after the company censored conservatives on its search engine throughout the Trump era — which clearly undermined user trust in the company.

As the September trial date approaches for the next phase of the DOJ’s antitrust case against Google’s ad tech practices, both sides have outlined their proposed remedies to address the tech giant’s monopoly over digital advertising.

In a federal court hearing on Wednesday, Google CEO Sundar Pichai argued that the government’s proposed measures to address the company’s illegal monopoly in online search would severely impact its ability to innovate and invest in new technologies.

In a significant legal setback for Apple, a federal judge has blasted the tech giant and CEO Tim Cook for “willfully violating” her previously issued injunction in the long-running App Store antitrust case. Now, the judge has ordered Apple to stop collecting massive fees on payments made outside the App Store.

Google CEO Sundar Pichai is set to take the stand on Wednesday morning in the remedy phase of the internet giant’s search monopoly trial to defend his company from changes that could fundamentally reshape the internet landscape.

As the remedy phase of the Google search monopoly case continues, a witness from AI startup Perplexity testified that the search giant’s exclusivity contracts prevented smartphone maker Motorola from setting Perplexity AI as the default assistant on its new devices. The AI executive says Google’s exclusive agreements are like a “gun to your head” from the perspective of device makers.

Instagram co-founder Kevin Systrom testified as part of the FTC’s antitrust case against Meta, saying Mark Zuckerberg saw Instagram as a threat to Facebook and therefore starved his photo-sharing app of resources after acquiring it more than a decade ago.
As the remedy phase of Google’s search monopoly antitrust trial unfolds, AI giant OpenAI has emerged as a potential buyer for Google’s Chrome browser, with plans to transform it into an AI-centric experience.

The remedies trial to address Google’s search monopoly verdict began Monday in Washington, D.C., with the company arguing that a breakup proposed by the DOJ would put the United States at a disadvantage in the global race for technological supremacy, particularly against China.

Google will square off against the DOJ and dozens of state attorneys general in a high-stakes remedy phase to the search antitrust case it lost last year. The remedy phase kicking off today could result in the tech giant being forced to sell off key assets.

Google has been found guilty of antitrust violations in the publisher ad server and ad exchange markets, marking the second time the tech giant has been ruled a monopolist within a year. Google is expected to appeal the verdict, and the split nature of the decision means a forced breakup action is unlikely.

A federal judge has ruled that Google illegally monopolized some online advertising technology markets, dealing a significant blow to the tech giant’s main revenue source.

Former Meta COO Sheryl Sandberg took the stand to face intense questioning by the FTC on Wednesday as the agency seeks to break up Mark Zuckerberg’s social media giant.

Google is facing a class action lawsuit in the UK for £5 billion ($6.6 billion) in potential damages over allegations that the tech giant abused its stranglehold on the search market to drive up advertising prices.

During the ongoing antitrust trial against Meta, an email revealed that CEO Mark Zuckerberg contemplated separating Instagram from the company in 2018 due to the “non-trivial” risk the government would move to break up his social media empire.

The FTC’s high-stakes antitrust lawsuit against Meta kicked off today with opening arguments in Washington, DC. Mark Zuckerberg is expected to take the stand to defend his company against the federal government’s claims that the acquisition of Instagram and WhatsApp should never have been approved.

Apple’s attempt to intervene in Google’s antitrust trial has been denied by the DC Circuit Court of Appeals, potentially jeopardizing the company’s $20 billion search placement deal with Google. The decision was driven in part by Apple dragging its feet in replying to the court, which the judge said “seems difficult to justify.”

In a major development in the ongoing antitrust case against Google, the DOJ has proposed remedies that could force the tech giant to sell its popular Chrome browser and face new restrictions on its Android operating system.

Online education company Chegg has filed a lawsuit against Google in federal district court, claiming that the search giant’s AI-generated summaries of search results have devastated Chegg’s web traffic and revenue. Worse yet, Chegg claims Google used its vast database of educational materials to train the AI that is now killing its traffic and revenue performance.

A U.S. District Court judge has denied Apple’s request to intervene in the ongoing Google Search monopoly trial, which could end the massive payments Google makes to Apple every year to ensure its search dominance remains unchallenged.

Apple has requested to participate in the next phase of the antitrust trial against Google, arguing that it cannot rely on the search giant to defend the revenue-sharing agreements that bring the iPhone maker up to $20 billion dollars annually via an exclusivity deal.

Google has put forward its own set of remedies to address the Department of Justice’s antitrust concerns, offering to unbundle Android apps instead of selling off Chrome or other major divisions.

Brian Thompson, the slain CEO of UnitedHealthcare, was gunned down on Wednesday while top executives at his company have reportedly been under investigation by the Department of Justice (DOJ) for alleged insider trading and a monopoly.
