Tag: Antitrust Laws and Competition Issues

I’m a Financial Journalist Who Was Bored Silly by Mergers. Not Anymore.

Part of my decades-long resistance to coverage about mergers and acquisitions comes down to what I call the “food detail.” Read any big story about one company buying another, and the reporter will invariably mention what the executives ate as they closed the deal. It might be smoked salmon in a boardroom high above Manhattan, […]

Read More

Sprint and T-Mobile Merger Approval, Said to Be Near, Could Undercut Challenge by States

WASHINGTON — The Justice Department is moving closer to approving T-Mobile’s $26 billion merger with Sprint, but only if the companies sell multiple assets to create a new wireless competitor, according to three people familiar with the plan. If such an arrangement is approved, it could weaken an effort by attorneys general from nine states […]

Read More

House Opens Tech Antitrust Inquiry With Look at Threat to News Media

WASHINGTON — A congressional investigation into the power of big tech companies began on Tuesday with bipartisan concern from lawmakers that the government’s lax oversight of the industry may be doing more harm than good. In its first hearing about the power held by Google, Facebook, Amazon and Apple, lawmakers focused on the decline of […]

Read More

Sprint-T-Mobile Merger Faces New Hurdle With Lawsuit by States

A group of attorneys general from 10 states filed a federal lawsuit on Tuesday in a bid to block a proposed merger between the wireless carriers T-Mobile and Sprint, a $26 billion deal that has yet to receive the Justice Department’s approval. The lawsuit, led by Letitia James of New York and Xavier Becerra of […]

Read More

Sprint-T-Mobile Merger Faces New Hurdle With Possible Lawsuit by States

A group of state attorneys general plan to file a federal lawsuit on Tuesday in a bid to block a proposed merger between the wireless carriers T-Mobile and Sprint, a $26 billion deal that has yet to receive the Justice Department’s approval. The lawsuit, led by Letitia James, New York’s attorney general, contends that competition […]

Read More

A Tech Giant Hurt Your Business? Take a Number

SAN FRANCISCO — Oracle and the Handpulled Noodle would seem to have little in common. One is a multibillion-dollar software company in Silicon Valley with tens of thousands of employees all over the world. The other is a small Harlem spot that serves Chinese comfort food and is known for its tasty dumplings. But they […]

Read More

Ginsburg Hints at Sharp Divisions Ahead as Supreme Court Term Nears End

WASHINGTON — In 2012, as the Supreme Court was mulling the fate of President Barack Obama’s health care law, Justice Ruth Bader Ginsburg addressed the American Constitution Society, a liberal group. “This term has been more than usually taxing,” she said. Two weeks later, Chief Justice John G. Roberts Jr. joined Justice Ginsburg and the […]

Read More

Tech Giants Amass a Lobbying Army for an Epic Washington Battle

WASHINGTON — Faced with the growing possibility of antitrust actions and legislation to curb their power, four of the biggest technology companies are amassing an army of lobbyists as they prepare for what could be an epic fight over their futures. Initially slow to develop a presence in Washington, the tech giants — Amazon, Apple, […]

Read More

Ford Is Fined in China as Trade Fight With U.S. Rages

BEIJING — China’s antitrust regulator on Wednesday announced a fine of around $25 million on Ford’s main joint venture in the country, the latest action against an American company amid the widening economic battle between China and the United States. The fine on Changan Ford, which is owned equally by the Detroit automaker and a […]

Read More

Apple Backs Off Crackdown on Parental-Control Apps

SAN JOSE, Calif. — Over the past year, Apple purged iPhone apps that helped people limit the amount of time they and their children spent on Apple devices, drawing accusations of anticompetitive behavior. On Monday, as news broke that federal officials were stepping up antitrust scrutiny of Apple and its peers, the Silicon Valley giant […]

Read More

Facebook Faces F.T.C. Scrutiny as Antitrust Focus Turns to Big Tech

WASHINGTON — Facebook could face more intense government scrutiny, as regulators have decided that the Federal Trade Commission will oversee antitrust complaints about the company, according to two people with knowledge of the matter. The decision does not mean the agency has opened an official investigation. But the move is significant because it illustrates the […]

Read More

Bigger Isn’t Better for T-Mobile

For years, T-Mobile’s chief executive, John Legere, has gleefully bad-mouthed his much larger mobile phone competitors, Verizon Wireless and AT&T, for their high prices and profit margins, and their low-quality service. Decked out in magenta sneakers and T-shirts, sporting long hair like an aging rocker, Mr. Legere promoted T-Mobile and himself to his 6.2 million […]

Read More

Google Is at the Center of a Storm Brewing Over Big Tech

SAN FRANCISCO — Google, one of the most successful companies in history, has generally gotten its way with American regulators. That may be changing. Politicians on the right and left are decrying the tech company’s enormous power. President Trump and other Republicans have focused on whether the company’s online search results are biased. Democrats have […]

Read More

Justice Dept. Explores Google Antitrust Case

WASHINGTON — The Justice Department is exploring whether to open a case against Google for potential antitrust violations, putting renewed scrutiny on the company amid a growing chorus of criticism about the power of Big Tech, according to a person with knowledge of the deliberations. A spokesman for the Justice Department, and a representative for […]

Read More

Why Privacy Is an Antitrust Issue

As Facebook has generated scandal after scandal in recent years, critics have started to wonder how we might use antitrust laws to rein in the company’s power. But many of the most pressing concerns about Facebook are its privacy abuses, which unlike price gouging, price discrimination or exclusive dealing, are not immediately recognized as antitrust […]

Read More