The US Federal Trade Commission will hold its next open meeting on September 15 to hear staff findings on deals that Big Tech firms like Facebook and Apple make which are sometimes too small to spark antitrust scrutiny, the agency said on Wednesday. The agency began holding open meetings after Chair Lina Khan was sworn in June. … Read more
The US Federal Trade Commission will hold its next open meeting on September 15 to hear staff findings on deals that Big Tech firms like Facebook and Apple make which are sometimes too small to spark antitrust scrutiny, the agency said on Wednesday. The agency began holding open meetings after Chair Lina Khan was sworn in June. … Read more
More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they’re not banks. This time it’s the tech giants including Google, Amazon and Microsoft that host a growing mass of bank, insurance and market operations … Read more
US President Joe Biden nominated lawyer and Google critic Jonathan Kanter as the Justice Department’s antitrust chief on Tuesday in the latest sign the White House is determined to rein in the world’s biggest corporations, especially Big Tech. Progressives who advocate tougher enforcement of antitrust law pushed for the nomination of Kanter, who recently started … Read more
US President Joe Biden nominated lawyer and Google critic Jonathan Kanter as the Justice Department’s antitrust chief on Tuesday in the latest sign the White House is determined to rein in the world’s biggest corporations, especially Big Tech. Progressives who advocate tougher enforcement of antitrust law pushed for the nomination of Kanter, who recently started … Read more
Big Tech platforms Alphabet’s Google and Facebook were hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing their power. Below is the status of the cases, as well as government probes of Apple and Amazon. Two lawsuits against Facebook: In a stunning … Read more
The US House Judiciary Committee will vote next week on a package of recently introduced antitrust bills including several targeting the market power of Big Tech, committee chair Jerry Nadler said on Wednesday. Five antitrust bills were introduced last week in the House of Representatives. They will be marked up in committee to consider changes and … Read more
EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a February 1 hearing in Brussels as they try to crack down on the powers of US tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly … Read more
EU lawmakers have invited the chief executives of Amazon, Apple, Facebook and Alphabet to a February 1 hearing in Brussels as they try to crack down on the powers of US tech giants. The European Parliament will in the coming months provide input into proposals by the European Commission to force the companies to play fairly … Read more