LinkedIn Corp. has settled a case that accused the company of unlawful practices preventing potential competitors in the professional social networking market. The agreement does not involve any financial compensation to plaintiffs but prohibits LinkedIn from enforcing certain noncompetition clauses related to data access agreements. LinkedIn, as a subsidiary of Microsoft Corp., has avoided significant antitrust scrutiny that has affected other major tech companies. Recent administrations have shown a continued interest in regulating Big Tech firms to ensure competitive practices within the industry.
LinkedIn has reached a settlement in a case accusing it of unlawful practices that hindered would-be rivals from competing in the professional social networking market.
The proposed deal stops LinkedIn from enforcing certain 'noncompetition' provisions of agreements to access its data, which allegedly allowed LinkedIn to dominate the industry.
LinkedIn, a subsidiary of Microsoft Corp., has largely avoided antitrust scrutiny that other tech platforms have faced from private plaintiffs and federal regulators.
Both the Biden and Trump administrations have pursued Big Tech firms, indicating ongoing concerns about competition in the tech industry.
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