Meta Platforms says it will sell the GIF generator Giphy following an order from the U.K.’s Competition and Markets Authority Tuesday (Oct. 18). According to a CMA news release, the authority “has found that Meta’s takeover of Giphy could allow Meta to limit other social...
A bipartisan bill targeting Big Tech dominance passed the House of Representatives by a 242-184 vote on Thursday (Sept. 29) but in a scaled-down version from the original introduced in June 2021. The package of bills proposes to raise fees for antitrust reviews of the...
In what is said to be a departure from the agency’s tradition, the written testimony presented by the chair of the Federal Trade Commission (FTC) before a Senate committee did not have bipartisan support among the commissioners. The testimony presented Tuesday (Sept. 20) by FTC...
The United Kingdom’s antitrust watchdog said Microsoft’s $69 billion acquisition of video game maker Activision Blizzard could hinder competition and warrants further investigation. The Competition and Markets Authority (CMA) said in statement Thursday (Sept. 1), the deal — the largest ever for both gaming and...
The U.S. Department of Justice (DOJ) is reportedly readying an antitrust complaint against Apple, a potential sign that the government’s ongoing investigation of the tech giant is coming to a head. That’s according to a Friday (Aug. 26) report from Politico, which cited a “person...
The U.S. Justice Department could sue Google within the next month, which could address the long-held issues that parent company Alphabet abuses its position at the forefront of digital advertising, Bloomberg wrote. Lawyers with the DOJ antitrust division are reportedly questioning publishers to help get...
Amazon has reportedly hired Judd Smith, a former counsel to the Senate Judiciary Committee, in an effort to fend off an antitrust bill aimed at Big Tech. Smith worked with the committee as it wrote the bill, which would restrict the way Amazon offers products...
European Union antitrust regulators said they have found new evidence in an investigation into Apple prompted by streaming music rival Spotify. Regulators are hoping the new evidence will speed up the case, but that does not mean that Apple will face additional charges, Reuters reported...
A 2018 internal memo written for Meta Platforms CEO Mark Zuckerberg and other company executives shows that Facebook was more concerned about business threats caused by its Instagram and WhatsApp apps and additional internal products than it was about competition with other social media platforms....
