Big Tech Antitrust
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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
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EU Decisions on Alleged Apple, Meta Tech Rule Breaches Due in Coming Weeks, Antitrust Chief Says
The EU, in the coming weeks, is likely to decide if Apple and Meta breached landmark tech rules aimed at curbing their market power. Both companies are expected to face modest fines for DMA violations, sources told Reuters last month.
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Meta CEO Mark Zuckerberg Lobbies Donald Trump to Avoid Antitrust Trial: Report
Meta and its representatives met with President Trump and his senior advisers ahead of an April 14 Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram.
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Apple Ordered by EU Antitrust Regulators to Open up to Rivals
Apple was ordered by EU antitrust regulators to open up its closed ecosystem to rivals. The move by the European Commission came six months after it opened so-called specification proceedings to ensure that the iPhone maker complies with the Digital Markets Act (DMA) which seeks to rein in the power of Big Tech.
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Apple Loses Top Court Fight Against German Antitrust Crackdown
Apple's footprint across markets meets the threshold for more oversight, judges at Germany’s top civil court have said. The setback for Apple comes amid a clamor by Big Tech against European efforts to rein in their market dominance.
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Microsoft-OpenAI Partnership Raises Antitrust Concerns, FTC Says
The FTC has said Microsoft’s deal with OpenAI, as well as Amazon.com and Google’s partnerships with AI company Anthropic, raise the risk that AI developers could be “fully acquired” by the tech giants in the future.
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Big Tech Turns Trump Tech? CEOs Queue Up For The Presidential Inauguration
Several top tech leaders are making amends and even donating to his inauguration fund. This shift in dynamics is largely driven by the tech industry's desire to influence policy decisions and avoid regulatory backlash.
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Trump Announces Antitrust Chief, Previewing Big Tech 'Censorship' Fight
President-elect Donald Trump tapped Andrew Ferguson, a board member at the Federal Trade Commission, to run the US antitrust and competition agency.
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Brazil Suggests Reform to Tighten Antitrust Regulation for Big Techs
Brazil's Finance Ministry says that local legislation needs to be equipped with more tools to address a new reality where big tech firms, due to their size and market power, inhibit competition.
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Google Antitrust Ruling Could Put $20 Billion at Risk for Apple: Report
A US judge has recently ruled that Alphabet-owned Google was operating an illegal monopoly in the web search sector. Google pays Apple $20 billion (roughly Rs. 1,67,890 crore) annually, or about 36 percent of what it earns from search advertising made through the Safari browser. If the deal is undone, Apple could take a 4-6 percent hit to its prof...
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Google Has an Illegal Monopoly on Search, US Judge Finds
Google has violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, a US District Judge said in a ruling. Alphabet has said it plans to appeal the ruling.
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Trump Vice President Pick JD Vance Supports Big Tech Antitrust Crackdown
Trump's vice presidential pick J.D. Vance has openly praised the work of Federal Trade Commission Chair Lina Khan, a sign that the agency's broad approach to antitrust enforcement could enjoy some level of support from a second Trump administration.
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Apple, Google, Amazon Lobby Group Opposes India's EU-Like Antitrust Proposal
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
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Google, Apple and Meta to Face First Digital Markets Act Probes in the EU
Google, Apple and Meta will be the first Big Tech firms to face antitrust probes from EU regulators, under the Digital Markets Act that recently went into effect. The new European law went into effect on March 7 and is designed to check the power of Big Tech firms, with big fines for firms that violate the act.
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Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
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Meta's Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny, Document Shows
Meta CEO Mark Zuckerberg considered spinning off Instagram in 2018 over concerns about growing risk of antitrust scrutiny. The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the Us Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
-
EU Decisions on Alleged Apple, Meta Tech Rule Breaches Due in Coming Weeks, Antitrust Chief Says
The EU, in the coming weeks, is likely to decide if Apple and Meta breached landmark tech rules aimed at curbing their market power. Both companies are expected to face modest fines for DMA violations, sources told Reuters last month.
-
Meta CEO Mark Zuckerberg Lobbies Donald Trump to Avoid Antitrust Trial: Report
Meta and its representatives met with President Trump and his senior advisers ahead of an April 14 Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram.
-
Apple Ordered by EU Antitrust Regulators to Open up to Rivals
Apple was ordered by EU antitrust regulators to open up its closed ecosystem to rivals. The move by the European Commission came six months after it opened so-called specification proceedings to ensure that the iPhone maker complies with the Digital Markets Act (DMA) which seeks to rein in the power of Big Tech.
-
Apple Loses Top Court Fight Against German Antitrust Crackdown
Apple's footprint across markets meets the threshold for more oversight, judges at Germany’s top civil court have said. The setback for Apple comes amid a clamor by Big Tech against European efforts to rein in their market dominance.
-
Microsoft-OpenAI Partnership Raises Antitrust Concerns, FTC Says
The FTC has said Microsoft’s deal with OpenAI, as well as Amazon.com and Google’s partnerships with AI company Anthropic, raise the risk that AI developers could be “fully acquired” by the tech giants in the future.
-
Big Tech Turns Trump Tech? CEOs Queue Up For The Presidential Inauguration
Several top tech leaders are making amends and even donating to his inauguration fund. This shift in dynamics is largely driven by the tech industry's desire to influence policy decisions and avoid regulatory backlash.
-
Trump Announces Antitrust Chief, Previewing Big Tech 'Censorship' Fight
President-elect Donald Trump tapped Andrew Ferguson, a board member at the Federal Trade Commission, to run the US antitrust and competition agency.
-
Brazil Suggests Reform to Tighten Antitrust Regulation for Big Techs
Brazil's Finance Ministry says that local legislation needs to be equipped with more tools to address a new reality where big tech firms, due to their size and market power, inhibit competition.
-
Google Antitrust Ruling Could Put $20 Billion at Risk for Apple: Report
A US judge has recently ruled that Alphabet-owned Google was operating an illegal monopoly in the web search sector. Google pays Apple $20 billion (roughly Rs. 1,67,890 crore) annually, or about 36 percent of what it earns from search advertising made through the Safari browser. If the deal is undone, Apple could take a 4-6 percent hit to its prof...
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Google Has an Illegal Monopoly on Search, US Judge Finds
Google has violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, a US District Judge said in a ruling. Alphabet has said it plans to appeal the ruling.
-
Trump Vice President Pick JD Vance Supports Big Tech Antitrust Crackdown
Trump's vice presidential pick J.D. Vance has openly praised the work of Federal Trade Commission Chair Lina Khan, a sign that the agency's broad approach to antitrust enforcement could enjoy some level of support from a second Trump administration.
-
Apple, Google, Amazon Lobby Group Opposes India's EU-Like Antitrust Proposal
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
-
Google, Apple and Meta to Face First Digital Markets Act Probes in the EU
Google, Apple and Meta will be the first Big Tech firms to face antitrust probes from EU regulators, under the Digital Markets Act that recently went into effect. The new European law went into effect on March 7 and is designed to check the power of Big Tech firms, with big fines for firms that violate the act.
-
Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
