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“#Google rivals ask EU regulators to stop shady search practices” The backlash against Google is growing on both sides of the Atlantic. A group of 165 companies and industry bodies are calling on the European Union’s antitrust enforcers to crack down on the search giant, accusing it of using its market dominance to favor its…
“#DOJ sues to block Visa’s $5.3B purchase of fintech firm Plaid” The Department of Justice sued payment processing giant Visa on Thursday to block the company’s purchase of financial technology startup Plaid, calling it a monopolistic takeover of a potential competitor to Visa’s ubiquitous payments network. The lawsuit, filed in the Northern District of California,…
“#Apple is reportedly looking to develop its own search engine” Apple is reportedly ramping up efforts to develop its own search engine, even as federal regulators have its lucrative search agreement with Google in their crosshairs. The iPhone maker has begun showing its own search results and links to websites when users enter a query…
“#FTC needs more power to take on Big Tech’s dominance” The Federal Trade Commission needs more weapons in its battle to defend news organizations against Big Tech. That’s the message from US Sen. Maria Cantell (D-Wash.), who said new powers are the only thing that will help the FTC protect the struggling local news industry…
“#FTC reportedly nearing the end of Facebook antitrust probe” Step aside, Google — it may soon be Facebook’s turn to take the antitrust spotlight. Federal regulators are reportedly in the final innings of their probe of the giant social network, and are now discussing their next steps in the case. The five commissioners of the…
“#Group battling Apple’s App Store rules sees membership grow” The chorus of voices calling for Apple to change its App Store practices is growing. Less than a month after music streamer Spotify and Tinder parent Match Group joined The Coalition for App Fairness — which is pushing for legislation that will force Apple to cut…
“#‘This isn’t the dial-up 1990s’” Google responded to the Department of Justice’s blockbuster lawsuit against it on Tuesday by suggesting that the law enforcement agency is stuck in the past. In a snark-laden blog post, Google’s chief legal officer Kent Walker denied claims that the company is forcing consumer to use its search engine —saying…
“#DOJ sues Google over ‘unlawful monopolies’ in search, ads” The Justice Department on Tuesday filed its long-awaited antitrust lawsuit against Google, marking the biggest challenge to big tech in 22 years. The lawsuit by the law enforcement agency accuses the search giant of maintaining “unlawful monopolies” in its search and advertising businesses. The suit, filed…
“#Japan joining forces with US and Europe to regulate Big Tech” Japan is joining the fight against Big Tech’s market dominance. The head of the country’s antitrust watchdog said Monday that it would be teaming up with the US and Europe to tackle efforts to regulate the four biggest names in Silicon Valley, adding that…
“#House Judiciary Committee’s big tech antitrust report expected soon” The House Judiciary Committee’s antitrust panel could release its report on antitrust allegations against four of the country’s largest tech juggernauts by next week. The committee has been investigating Apple, Amazon, Facebook and Google to see whether their business practices hurt smaller rivals. The results of…