The U.S. Department of Justice (DOJ) is filing an antitrust lawsuit against Alphabet’s Google for reportedly monopolizing search and ad markets, according to a Wall Street Journal report on Tuesday (Oct. 20). Get the Full Story Complete the form to unlock this article and enjoy...
Department of Justice Assistant Attorney General Makan Delrahim said in a televised interview on Monday (Oct. 19) that antitrust laws “clearly apply” to Big Tech and should continue to apply to their market power. Get the Full Story Complete the form to unlock this article...
Here’s the latest news from Amazon and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
If regulators wring concessions from Big Tech – in a way that blunts at least some of Big Tech’s competitive advantages – isn’t that enough to keep the watchdogs satisfied, giving rise to the level playing field they (in theory) want to create with more...
Japan is teaming up with the U.S. and Europe to develop tough new regulations to take on big tech, according to a Reuters report on Monday (Oct. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Plaid is denying that it has used TD Bank‘s logo to dupe customers into sending information it could monetize, a report from The Globe and Mail says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Facebook’s Ireland and United Kingdom unit has agreed to change the way Instagram works to “make it much harder for people to post an (advertisement) on Instagram without labelling it as such,” Britain’s top antitrust regulator announced Friday (Oct. 16). Get the Full Story Complete...
U.S. Magistrate Judge Laurel Beeler said she likely won’t allow restrictions on WeChat while the U.S. government appeals her earlier decision to block them, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Big Tech is being hit from all sides – from lawmakers and regulators – especially in the U.S. and Europe. There are reports of a “hit list” in the EU, possible injunctions, and Capitol Hill may (or may not) curtail the very ways that Apple,...