Chapter 7
Which government agency deals with both civil and criminal antitrust cases?
Department of Justice
1 trillion
Who sued Facebook?
FTC and a coalition of states
What percentage of apps are downloaded on the app store in the US?
Which type of restraint deals with agreements between 2 competitors?
Horizontal
What company agreed to have Google as their default browser?
Apple
Why did Facebook buy Instagram and Whatsapp?
To get rid of competition
What Apple feature is the department of justice investigating?
Sign in with Apple
After what war did Antitrust laws start to form?
Civil War
Who did Google make an illegal agreement with?
2
What company did Facebook receive backlash for acquiring?
What is the name of the company that became a monopoly ,so the Supreme Court split it up into 3 dozen different companies?
Standard Oil
Google accounts for what percentage of all search queries?
Over 90%
Does Mark Zuckerberg think competition is healthy?
Yes
Why did Epic Games file a suit against Apple?
They removed Fortnite from the App store
Section I of what act states that “Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several states, or with foreign nations, is declared to be illegal.
Sherman Act
How many state attorneys filed civil antitrust cases alongside the Department of Justice?
11
One thing that will happen if FTC seeks permanent injunction?
Require disposition of assets
What authority opened an investigation against Apple in 2021?
Competition and Markets Authority