Latest Antitrust regulation 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 - President Donald Trump points to a question as he speaks during a briefing with reporters in the James Brady Press Briefing Room of the White House, in Washington.   Trump’s demand that the U.S. government get a cut of Microsoft buying TikTok is the latest unprecedented scenario in an unprecedented situation. Microsoft is in talks to buy parts of TikTok, a forced sale after Trump threatened to ban the Chinese-owned video app, which has one hundred million U.S. users and hundreds of millions globally.  (AP Photo/Alex Brandon)

Trump's demand for US cut of a TikTok deal is unprecedented

Aug. 4, 2020 3:26 PM EDT

NEW YORK (AP) — President Donald Trump's demand that the U.S. government get a cut from a potential Microsoft purchase of TikTok is the latest unprecedented scenario in an unprecedented situation. Microsoft is in talks to buy parts of TikTok, a forced sale after Trump threatened to ban the Chinese-owned...

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...

A woman rubs antibacterial gel into her hands as she waits in a distanced line to get tested for COVID-19 at a mobile diagnostic tent in San Gregorio Atlapulco in the Xochimilco district of Mexico City, Wednesday, July 22, 2020. The capital's health secretariat has erected mobile testing units in the areas of the city hardest hit by the coronavirus pandemic, but with test supplies limited - on Wednesday only 20 were available in San Gregorio Atlapulco - some symptomatic people end up waiting in line on multiple days before successfully getting a test. (AP Photo/Rebecca Blackwell)

Mexico opens anti-monopoly probe amid oxygen price rise

Jul. 24, 2020 3:22 AM EDT

MEXICO CITY (AP) — Mexico’s anti-monopoly commission said Thursday it is looking into possible price-fixing or monopolistic practices in the market for medical oxygen, after pharmacies reported a spike in prices and difficulties in getting tanks and refills. Prices for oxygen tanks in Mexico have...

Eldorado finishes $17.3B buyout of Caesars Entertainment

Jul. 20, 2020 5:02 PM EDT

LAS VEGAS (AP) — A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world. Eldorado Resorts Inc....