In the face of looming legislative measures threatening to ban TikTok from U.S. app stores, ByteDance, the Chinese tech conglomerate behind the popular video-sharing platform, has reportedly signaled a startling preference: shuttering TikTok altogether rather than succumbing to pressure to sell it. Citing insider sources close to ByteDance, Reuters revealed that the…

In a narrow 3–2 vote, the Federal Communications Commission (FCC) has opted to reinstate net neutrality regulations, overturning the repeal pushed through during the Trump administration. This decision, The VERGE reported, has sparked intense debate among commissioners and industry stakeholders alike. Net neutrality, the principle that internet service providers (ISPs) should treat…

Spotify, the popular audio streaming service, announced on Thursday that Apple had rejected its latest version of the iOS app due to the inclusion of pricing information within the app, a move that Spotify claims is necessary to comply with European Commission regulations. According to a report from Reuters, Spotify, headquartered…

The U.S. Federal Communications Commission (FCC) is poised to vote today, Thursday, to reinstate net neutrality rules and assume new regulatory oversight of broadband internet, a reversal of actions taken during the Trump administration. The commission’s proposal to reinstate open internet rules adopted in 2015 and re-establish its authority over…

The U.S. Chamber of Commerce has taken a decisive step in contesting the Federal Trade Commission’s (FTC) recent prohibition on noncompete agreements, filing a lawsuit aimed at striking down the sweeping rule. The lawsuit, filed on Wednesday in federal court in Tyler, Texas, challenges the FTC’s authority to implement such…

In a recent media event hosted by KFF, Lina Khan, chair of the Federal Trade Commission (FTC), issued a warning about the potential for price fixing in healthcare facilitated by technological advancements. Khan highlighted how algorithms enable companies to fix prices without explicit coordination, presenting a new challenge for regulators.…

Amazon’s significant investment in Anthropic, a U.S.-based AI startup, has come under the antitrust regulatory microscope. The U.K.’s Competition Market Authority (CMA) has announced an inquiry into the partnership, raising questions about potential adverse effects on competition within the U.K. market. Amazon’s infusion of $4 billion into Anthropic, announced in…

Italy’s Antitrust Authority wielded its regulatory power, slapping a hefty fine of 10 million euros on retail giant Amazon. The penalty was imposed for what the authority deemed as unfair trade practices, specifically targeting the eCommerce behemoth’s automatic enrollment of customers into recurring purchase options. At the heart of the…