[ad_1] Facebook and the FTC have declined to comment on the reports of progress into the investigations, although Facebook did say it was eager to share its “views on the competitive landscape” when Zuckerberg testifies to Congress on July 27th. Many details of the case are under wraps, but they’re believed to focus on whether […]
Category: antitrust
Big tech’s reckoning starts with an antitrust committee
[ad_1] Each CEO will need to explain how their monolithic platforms, like Facebook’s social network, Google’s advertising business and Apple’s App Store, do not violate antitrust law. “Antitrust” is shorthand for the rules around businesses stifling competition in a free and fair market. That includes blocking powerful companies from buying up, copying or pricing out […]
Apple Pay and the App Store are under EU antitrust investigation
[ad_1] The European Commission has launched two separate antitrust investigations into Apple, focused on the App Store and Apple Pay. The executive branch of the European Union said it would consider App Store rules that force developers to use its own paym… [ad_2] Source link
House wants four ‘big tech’ CEOs to testify in competition probe
[ad_1] A House investigation into tech competition may have testimony from some of the biggest names in the industry — if they agree, at least. Axios understands the Judiciary Committee has asked Apple, Alphabet, Amazon and Facebook to say if their CEOs will testify for the antitrust probe in July. The companies reportedly have until […]
Judges toss lawsuit alleging anti-conservative bias on social media
[ad_1] In 2018, the nonprofit organization Freedom Watch and a conservative YouTuber named Laura Loomer tried to sue social media companies. They alleged that Twitter, Facebook and Google — which owns YouTube — broke antitrust laws and violated their First Amendment rights by conspiring to suppress conservative viewpoints. Their case was dropped last year, but […]
WSJ: Google will ‘likely’ face antitrust lawsuits later this year
[ad_1] For nearly a year there have been reports about the Justice Department investigating Google for antitrust violations when it comes to search and advertising. Now, the Wall Street Journal reports it’s “likely” that the DoJ and state attorneys general will bring antitrust lawsuits against Google later this year, possibly by the summer. The specifics […]
US lawmakers ask Jeff Bezos to testify about Amazon’s alleged data abuse
[ad_1] “If the reporting in the Wall Street Journal article is accurate, then statements Amazon made to the Committee about the company’s business practices appear to be misleading, and possibly criminally false or perjurious,” the letter says. “If these allegations are true, then Amazon exploited its role as the largest online marketplace in the U.S. […]
Senator asks for criminal investigation into Amazon’s alleged data abuse
[ad_1] Following the Wall Street Journal’s report alleging that Amazon uses sellers’ data to make competing products, Senator Josh Hawley is asking for a criminal antitrust investigation into the claims. Hawley formally requested the investigation in a letter submitted to Attorney General William Barr today. According to the Wall Street Journal’s sources, Amazon employees (including […]
Amazon allegedly used sellers’ data to make competing products
[ad_1] Amazon’s policies forbid it from using sellers’ data to undermine their own products, but the practical reality might be very different. Wall Street Journal sources say Amazon employees have been using proprietary seller data to help design and price in-house products, including decisions to enter certain categories. To develop a car trunk organizer, as […]
Amazon, DOJ ask consumers to report coronavirus price gouging
[ad_1] According to Reuters, Amazon sent an email to customers who may have purchased items from sellers guilty of price gouging. “We wanted to notify you directly about this matter in the event that you are contacted by the Department of Justice in connection with its investigation,” the email reportedly stated. Last week, the DOJ […]