Tag: Antitrust Laws and Competition Issues

As Gas Prices Surge, Biden Tells F.T.C. to Investigate

WASHINGTON — President Biden asked the Federal Trade Commission on Wednesday to consider whether “illegal conduct” by large oil and gas companies is pushing up gasoline prices for American consumers, the latest effort by the administration to target concentration in the energy industry in a bid to bring down prices at the pump. The move […]

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Monopoly’s Bad Cousin

The Penguin complaint focuses on the potential harm to the authors who get the largest payments from publishers, people like Mr. King and the Obamas. It’s not a particularly sympathetic group of possible victims, but the choice is strategic. Antitrust minimalism is deeply ingrained in the federal judiciary. The Biden administration is trying to shift […]

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Google Loses Appeal of $2.8 Billion E.U. Antitrust Fine

In a major ruling that bolsters the European Union’s efforts to clamp down on the world’s largest technology companies, Google lost an appeal on Wednesday to overturn a landmark antitrust ruling by European regulators against the internet giant. The decision by the Luxembourg-based General Court related to a 2017 decision by the European Commission, the […]

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Alibaba Downplays Singles Day for a Tense Time in China

Singles Day used to be the biggest, most unabashed celebration of consumerism on earth: a 24-hour online retail extravaganza, kicking off with a confetti-filled gala and culminating in stupendous piles of riches for brands, celebrity pitchmen and Alibaba, the Chinese e-commerce titan at the center of it all. This Singles Day, an annual Nov. 11 […]

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Facebook Faces New Antitrust Lawsuit

SAN FRANCISCO — Mark Zuckerberg, Facebook’s chief executive, downloaded a popular new app, Phhhoto, on Aug. 8, 2014, and took a selfie. Other Facebook executives and product managers soon followed suit. The social network then made overtures to integrate Phhhoto. But the interest of Facebook’s top executives in Phhhoto was just a show, according to […]

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Justice Dept. Sues Penguin Random House Over Simon & Schuster Deal

In one of its first major antitrust decisions, the Biden administration is suing to stop Penguin Random House, the largest publisher in the United States, from acquiring its rival Simon & Schuster, signaling a broader view of checking corporate consolidation than the one that has prevailed in Washington for decades. In a publishing landscape dominated […]

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Why Republican Ken Buck Believes in Antitrust and Doesn’t Believe in the ‘Big Lie’

Produced by ‘Sway’ Representative Ken Buck has joined forces with the Democratic congressman David Cicilline and others to push through a package of antitrust legislation that could prove damning to companies like Amazon, Apple, Google and Facebook. “As a conservative, I don’t think big is bad. I think big is great,” he says. But at […]

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Zuckerberg to Be Added to Facebook Privacy Suit

WASHINGTON — The attorney general for the District of Columbia plans to add Facebook’s chief executive, Mark Zuckerberg, to a consumer protection lawsuit, in one of the first efforts by a regulator to expose him personally to potential financial and other penalties. The attorney general, Karl Racine, said on Tuesday that continuing interviews and reviews […]

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Trouble Comes for Big Tech

Could Jonathan Kanter have better timing? I hardly think so, given the lovefest on display this week at his Senate Judiciary Committee hearing. Nominated to lead the Justice Department’s antitrust division, the decidedly tough-on-tech Kanter spoke to lawmakers just as Facebook was getting a shellacking by the persuasive whistle-blower Frances Haugen. Meanwhile, the social media […]

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Lawmakers See Path to Rein in Tech, but It Isn’t Smooth

WASHINGTON — “Facebook and Big Tech are facing a Big Tobacco moment,” Senator Richard Blumenthal, Democrat of Connecticut, said this week when a whistle-blower testified about how the social media company’s products harmed teenagers. “I think that that’s an appropriate analogy,” Senator Cynthia Lummis, Republican of Wyoming, added later. The whistle-blower’s testimony, and the thousands […]

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China Fines Meituan $530 Million in Second Tech Antitrust Case

China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to heel. The government’s campaign has been blessed by the highest levels of the Communist Party leadership. It has involved a wide cast of regulatory agencies […]

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Biden’s Pick for Top Antitrust Official Was a Star Corporate Lawyer

Mr. Kanter left Paul, Weiss in 2020. His growing ties to companies that had competitive complaints against Big Tech companies increasingly brought up conflicts of interest for the firm. While Google is not a Paul, Weiss client, Apple, for example, is. If he joins the Justice Department, the issue of conflicts would probably be one […]

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Facebook Was Down for a Few Hours. Should It Go Away Forever?

This article is part of the Debatable newsletter. You can sign up here to receive it on Tuesdays and Thursdays. It has not been a good month for Facebook. A few weeks ago, The Wall Street Journal began publishing a damning investigative series, “The Facebook Files,” based on leaked internal documents revealing that the tech […]

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Facebook Whistle-Blower Urges Lawmakers to Regulate the Company

WASHINGTON — A former Facebook product manager who turned into a whistle-blower gave lawmakers an unvarnished look into the inner workings of the world’s largest social network on Tuesday and detailed how the company was deliberate in its efforts to keep people — including children — hooked to its service. In more than three hours […]

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Facebook’s Apps Went Down. The World Saw How Much It Runs on Them.

Elizabeth Mustillo, a cake maker in Mexico City, said the strangest thing happened on Monday: Her phone started to ring with orders. She was forced to talk, not text, with her clients. “It’s crazy,” said Ms. Mustillo. “No one ever calls anymore.” A decade ago, customers would come to Ms. Mustillo’s store with a drawing […]

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Whistle-Blower Says Facebook ‘Chooses Profits Over Safety’

John Tye, the founder of Whistleblower Aid, a legal nonprofit that represents people seeking to expose potential lawbreaking, was contacted this spring through a mutual connection by a woman who claimed to have worked at Facebook. The woman told Mr. Tye and his team something intriguing: She had access to tens of thousands of pages […]

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Don’t Let Amazon Eat the Film Industry

Would you like to watch one of these films in a public library? You can probably find a shelf of DVDs there. But you won’t find any electronic access to these movies. They’re trapped in individual subscriber accounts via Prime Video. Amazon’s treatment of other media companies also should make you squirm. Are you a […]

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