Latest Monopoly and antitrust News

Top row, Facebook CEO Mark Zuckerberg, right, Amazon CEO Jeff Bezos, second from right, and bottom row Google CEO Sundar Pichai, left, and Apple CEO Tim Cook, second from left are sworn in remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Mandel Ngan/Pool via AP)

Inside Big Tech: Pulling back the curtain with 'hot' email

Aug. 5, 2020 1:03 PM EDT

WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case at a hearing that seemed almost like a trial for Facebook and three other tech...

FILE - In this Tuesday, Nov. 6, 2018 file photo, Iowa Attorney General Tom Miller speaks in Des Moines, Iowa. Iowa's Republican governor has rejected two-thirds of the Democratic state attorney general's requests to join multistate lawsuits, under an unusual compromise that has allowed her to repeatedly block the state's involvement in challenges to Trump administration policies. Iowa Attorney General Miller agreed in May 2019 to seek Gov. Kim Reynolds' approval before he would join multistate lawsuits.(AP Photo/Matthew Putney, File)

Iowa governor has stopped AG from joining anti-Trump suits

Aug. 3, 2020 12:34 PM EDT

DES MOINES, Iowa (AP) — Iowa's Republican governor has rejected two-thirds of the Democratic state attorney general's requests to join multistate lawsuits, under an unusual compromise that has allowed her to repeatedly block the state's involvement in challenges to Trump administration policies. Iowa...

Facebook CEO Mark Zuckerberg speaks via video conference during a House Judiciary subcommittee hearing on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Graeme Jennings/Pool via AP)

Lawmakers grill 4 Big Tech CEOs but don't land many blows

Jul. 30, 2020 7:30 AM EDT

WASHINGTON (AP) — Congressional lawmakers finally got a chance to grill the CEOs of Big Tech over their dominance and allegations of monopolistic practices that stifle competition. But it's unclear how much they advanced their goal of bringing some of the world's largest companies to heel. Invective flew...

Facebook CEO Mark Zuckerberg speaks via video conference during a House Judiciary subcommittee hearing on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Graeme Jennings/Pool via AP)

Lawmakers batter Big Tech CEOs, but don't land many blows

Jul. 29, 2020 11:20 PM EDT

WASHINGTON (AP) — Congressional lawmakers finally got a chance Wednesday to grill the CEOs of Big Tech over their dominance and allegations of monopolistic practices that stifle competition. But it's not clear how much they advanced their goal of bringing some of the world's largest companies to heel....

Facebook CEO Mark Zuckerberg speaks via video conference during a House Judiciary subcommittee hearing on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Graeme Jennings/Pool via AP)

The Latest: Zuckerberg questioned on viral misinformation

Jul. 29, 2020 6:51 PM EDT

WASHINGTON (AP) — The Latest on testimony before a congressional committee by the CEOs of Facebook, Apple, Amazon and Google (all times local): 6:30 p.m. Democratic chairman of a House antitrust panel says Facebook is making money off dangerous lies that could have deadly consequences. Rep. David Cicilline...

This combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg. On Wednesday, July 29, 2020, the four Big Tech leaders will answer for their companies’ practices before Congress at a hearing by the House Judiciary subcommittee on antitrust.  (AP Photo/Pablo Martinez Monsivais, Evan Vucci, Jeff Chiu, Jens Meyer)

Spotlight on 4 Big Tech CEOs testifying in competition probe

Jul. 28, 2020 1:03 PM EDT

WASHINGTON (AP) — They command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. One of them is the world’s richest individual; another is the fourth-ranked billionaire. Their industry has transformed society,...

This Sept. 19, 2019 photo shows Amazon CEO Jeff Bezos arriving to a news conference at the National Press Club in Washington. Bezos is willing to testify to the congressional panel investigating the market dominance of Big Tech, but along with other tech industry CEOs, lawyers for the company say, according to a published report Monday, June 15, 2020. (AP Photo/Pablo Martinez Monsivais)

Zuckerberg, Bezos, other tech CEOs testify on competition

Jul. 25, 2020 1:49 PM EDT

WASHINGTON (AP) — Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google's Sundar Pichai and Apple's Tim Cook — will answer for their companies’ practices before Congress at a hearing Wednesday by the House Judiciary subcommittee on antitrust. The...

Match promoter suit vs USSF halted by federal judge

Jul. 21, 2020 1:40 PM EDT

NEW YORK (AP) — A match promoter’s lawsuit against the U.S. Soccer Federation for failing to sanction a proposed Spanish league match between Barcelona and Girona in Miami Gardens, Florida, has been stopped by a federal judge. U.S. District Judge Valerie Caproni in Manhattan dismissed an antitrust...

FILE - In this Saturday, March 14, 2020 file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Apple’s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its tablet even more like a laptop computer. Apple says the trackpad will offer more precision than fingers in selecting text and switching between apps.  (AP Photo/Kathy Willens, File)

EU authorities open twin Apple antitrust investigations

Jun. 16, 2020 12:12 PM EDT

LONDON (AP) — European Union regulators opened two investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the EU's battle against the dominance of big tech companies. The EU's executive Commission said it formally...

This Sept. 19, 2019 photo shows Amazon CEO Jeff Bezos arriving to a news conference at the National Press Club in Washington. Bezos is willing to testify to the congressional panel investigating the market dominance of Big Tech, but along with other tech industry CEOs, lawyers for the company say, according to a published report Monday, June 15, 2020. (AP Photo/Pablo Martinez Monsivais)

Report: Bezos may testify on Big Tech, but with other CEOs

Jun. 15, 2020 4:26 PM EDT

WASHINGTON (AP) — Amazon CEO Jeff Bezos is willing to testify to the congressional panel investigating the market dominance of Big Tech, but along with other tech industry CEOs, lawyers for the company say, according to a published report Monday. Last month, leaders of the House Judiciary Committee from...