Latest Monopoly and antitrust News
Inside Big Tech: Pulling back the curtain with 'hot' email
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...
Iowa governor has stopped AG from joining anti-Trump suits
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...
Lawmakers grill 4 Big Tech CEOs but don't land many blows
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...
Lawmakers batter Big Tech CEOs, but don't land many blows
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....
The Latest: Zuckerberg questioned on viral misinformation
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...
Spotlight on 4 Big Tech CEOs testifying in competition probe
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,...
Zuckerberg, Bezos, other tech CEOs testify on competition
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
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...
EU authorities open twin Apple antitrust investigations
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...
Report: Bezos may testify on Big Tech, but with other CEOs
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...
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