By Aditi Shah, Aditya Kalra NEW DELHI (Reuters) – Alphabet Inc’s Google is facing a new antitrust case in India in which the U.S. tech giant is alleged to have abused its Android operating system’s position in the smart television market, a source and two lawyers involved in the case […]
Antitrust
Factbox: Big Tech’s Market Dominance Spurs Numerous U.S. Antitrust Probes | Investing News
WASHINGTON (Reuters) – The four Big Tech companies — Alphabet’s Google , Amazon , Apple and Facebook — face an array of antitrust investigations at the federal and state level which were revealed in mid-2019. While Democrats may be viewed as tougher on antitrust regulation, traditional Republican concerns about regulatory […]
Facebook is a social network monopoly that buys, copies or kills competitors, antitrust committee finds
The House Antitrust Subcommittee determined Facebook wields monopoly powers in social network and has maintained its position by acquiring, copying or killing its competitors, according to a report released by the subcommittee on Tuesday. The report describes an exchange in which Mark Zuckerberg suggested to Instagram Co-founder Kevin Systrom that […]
Blue wave heightens antitrust threat to Big Tech
Rep. Jim Jordan, R-Ohio, on stimulus, the president’s health status, Obamagate, social media and the push to break up big tech. A Democratic sweep in the November election could pose an insurmountable threat to Big Tech, according to one Wall Street analyst. Alphabet Inc., Amazon Inc., Apple Inc. and Facebook […]
Google ‘overwhelmingly’ dominates search market, antitrust committee states
Google was a key focus of the Big Tech antitrust investigation findings released Tuesday by the U.S. House Judiciary subcommittee. The subcommittee claimed the company knowingly and unfairly gave preference to its own services while demoting third parties — often at the command of company executives. The company holds market […]
U.S. House’s antitrust report hints at break-up of Big Tech firms: lawmaker
WASHINGTON (Reuters) – The U.S. House of Representatives antitrust report on Big Tech firms contains a “thinly veiled call to break up” the companies, Republican Congressman Ken Buck said in a draft response seen by Reuters. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo […]
LSE Set to Get EU Antitrust Objections Over Refinitiv Deal
(Bloomberg) — London Stock Exchange Group Plc is poised to receive antitrust objections from European Union regulators examining its $27 billion plan to buy data provider Refinitiv, according to a person familiar with matter. © Bloomberg The London Stock Exchange (LSE) logo sits in front of FTSE 100 Index share […]
Google’s Antitrust Battle Could Change How You Use Search, Maps, and Advertising
It isn’t a secret that Google has been under investigation by the Department of Justice for over a year. Google even confirmed as much earlier this year, in a statement to The Wall Street Journal. This week it became clear that a case is likely to be brought sooner rather […]
Google Antitrust Suit Looms Over Issues of Search Dominance, Advertising
WASHINGTON—State attorneys general are expected to meet with top Justice Department officials on Thursday to discuss how—and how quickly—they should pursue an antitrust case against Alphabet Inc.’s Google that could reshape the online business environment. Top Justice Department officials including Attorney General William Barr want to move swiftly in filing […]
FTC Could File Facebook Antitrust Charges By End of This Year: Report
The Federal Trade Commission is readying a possible antitrust case against Facebook (FB) – Get Report, and may file charges in the next few months, says a new report. The agency has spent more than a year investigating Facebook on antitrust grounds, but no final decision has been reached on […]