The U.S. Department of Justice (DOJ) is moving forward with its investigation into Big Tech firms based on antitrust complaints, according to Deputy Attorney General Jeff Rosen, as reported by Reuters. “We are going full-tilt,” Rosen said, according to Reuters. “It’s a major priority. We have...
Facebook’s acquisition of Giphy has hit another snag, with the United Kingdom’s competition watchdog ordering the tech giant to appoint a “formal hold separate manager” to ensure the independence of the GIF-maker as an antitrust review pushes forward. The Competition and Market Authority (CMA), in...
New York State Senate Deputy Leader Michael Gianaris has introduced new legislation to help tamp corporate power and the stifling of competition, according to a press release. The bill, according to the release, would allow the state to take legal action against large corporations that...
Google’s push into the fitness tracker and smart watch market has hit a major snag. The European Commission on Tuesday (Aug. 4) announced plans to launch a full-scale antitrust review of Google’s planned $2.1 billion acquisition of Fitbit. While Google had pledged not to use...
The U.S. Department of Justice (DOJ) has launched a probe into Intuit’s $7.1 billion purchase of Credit Karma. ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation...
The most interesting thing about Big Tech’s Fab Four tour of Capitol Hill last Wednesday (July 29) wasn’t the perfunctory lawmaker grandstanding, or even the number of times lawmakers used “dominant” and “crushing the competition” to describe their views on the companies’ behavior. It was...
The big day finally came — the CEOs of Amazon, Apple, Facebook and Google‘s parent, Alphabet, sat in front of lawmakers (at least virtually) and spent four hours getting grilled by a House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law. Lawmakers demanded answers to...
Apple Inc. is facing another antitrust complaint. Telegram, the cloud-based messaging app with more than 400 million users, said that in 2016, Apple restricted the messaging app from launching a gaming platform on the grounds that it violated App Store rules, the Financial Times reported. Pavel...
At Capitol Hill hearings, there are scripts. And then there are the unscripted moments. The Wednesday (July 29) hearing before a House Judiciary subcommittee promises a lot of the latter for the four CEOs of Facebook, Google, Apple and Amazon — respectively, Mark Zuckerberg, Sundar...