Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. Andrea Coscelli, chief executive of the Competition and Markets Authority (CMA),...
The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become too powerful and might need to be broken up. The companies claimed that they all compete fairly, with Amazon slamming...
Laws and regulators sometimes create seismic shifts within industries – where new mandates and rulings on trade and competitive practices can be likened to a sledgehammer. And then sometimes, change comes through what seems more like a scalpel approach. For Big Tech, the bleeding may...
House Democrats have decided that big tech companies Google, Amazon, Facebook and Apple have monopoly-style power, and changes need to be made to rein them in, CNBC reported. The House Judiciary subcommittee on antitrust, which has been investigating for the past 16 months, recommended changes...
The long-anticipated antitrust report from the U.S. House of Representatives on giant tech companies considers a call to break up the companies, according to a draft of the study. “The report offers a chilling look into how Apple, Amazon, Google and Facebook have used their...
The Department of Justice (DOJ) effort to break Facebook away from Instagram and WhatsApp might not be so easy, according to The Wall Street Journal (WSJ). A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action...
Google’s global antitrust headaches are escalating. China is preparing to launch an investigation into whether Alphabet Inc.’s Google has used its hold over the Android mobile operating system to suppress competition, Reuters reports, citing two sources. The potential antitrust probe in China comes as authorities...
The European Union’s antitrust regulators want more time to complete their investigation into Google’s planned $2.1 billion acquisition of Fitbit Inc., the San Francisco-based consumer electronics and fitness company. Reuters reported the European Commission, the executive branch of the 27-nation bloc responsible for managing the EU’s day-to-day business,...
Spotify, the music streaming giant, criticized tech rival Apple over a new subscription bundle that allegedly favors the company’s own Apple Music service over others, Reuters reported. The Apple One bundle reportedly disadvantages streaming rivals, according to Reuters. Both Spotify and Apple offer $10-a-month packages...