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“#Google to pay fine, change ad business in antitrust settlement: report” Google’s parent company, Alphabet, is reportedly expected to pay a fine and change some business practices to settle an antitrust case with the French government over its online advertising business. France’s Competition Authority has alleged that Google’s advertising tool DoubleClick, which online publishers use…
“#EU reportedly set to open formal antitrust probe into Facebook” European regulators are reportedly set to open a formal probe into whether Facebook has violated antitrust laws by undermining rivals in the classified advertising market. The European Commission has already sent questionnaires to Facebook and its rivals asking whether the tech giant is warping the…
“#Barry Diller calls Apple’s App Store fees ‘disgusting’” Media mogul Barry Diller ripped Apple over the fees it charges companies that have apps in iPhone maker’s App Store. “[Our apps are] overcharged in a disgusting manner,” the chairman of IAC and Expedia said in an interview on CNBC’s “Squawk Box on Friday. Diller, whose companies…
“#Roku accuses Google of ‘anti-competitive’ demands over YouTube TV” Roku said it may force Google’s YouTube TV app off its video-streaming platform, alleging that the search giant is demanding “anti-competitive” and “unfair” terms for its YouTube and YouTube TV apps. Google’s demands include requests for preferential treatment for YouTube TV, its internet pay-TV service, as…
“#Biden urged to probe Live Nation-Ticketmaster ‘monopoly’” Democrats in the US House of Representatives are urging the Biden administration to launch an investigation into the decade-old Live Nation-Ticketmaster merger, which they claim has created a “monopoly” over the market for live-event ticket sales. Five members of Congress, including New York Rep. Jerry Nadler and New…
“#Daily Mail sues Google, cites royals coverage” The owner of the Daily Mail has filed an antitrust suit against Google in Manhattan federal court, alleging that the company manipulates search results based on how much publishers spend on advertising with the search engine giant. “This lawsuit is to hold Google to account for their continued…
“#China asks Alibaba to sell off media assets: report” China’s government has asked Jack Ma’s Alibaba Group to shed its media assets as officials there grow increasingly concerned about the tech giant’s impact on public opinion in the country, according to a new report. Talks started earlier this year after Chinese regulators reviewed a list…
“#Star Wars saves Hasbro’s 2020 sales with ‘Mandalorian’ toys” Move over Mr. Potato Head, here comes Baby Yoda. Toy maker Hasbro reported a double-digit sales surge tied to its Star Wars merchandise last year, thanks to “The Mandalorian” series streaming on Disney+. “Hasbro’s Star Wars revenue grew nearly 70 percent last year despite it being…
“#Texas sues Google for its unlawful monopoly in the ad business” Texas state’s attorney general, Ken Paxton, has filed an antitrust lawsuit against Google, accusing the company of malpractice to create a monopoly in the digital ad business. The case also alleges that the search company co-conspired with Facebook to rig ad auctions and fix prices. This suit…
“#Latest Google antitrust suit claim ‘unlawful’ union with Facebook” Alphabet-owned Google was slapped with a fresh antitrust lawsuit on Wednesday accusing it of teaming up with Facebook to rig the lucrative online advertising market. The complaint, led by Texas Attorney General Ken Paxton, marks the second lawsuit questioning Google’s dominance in the online ad space…