Tag Archives | Antitrust

Google Antitrust Investigation Outlined by State Attorneys General

from NYTs The state attorneys general from four dozen states officially declared on Monday that they were beginning investigations into the market power and corporate behavior of big tech companies. The formal declaration, delivered from the steps of the United States Supreme Court by a bipartisan group of state officials, adds investigative muscle and political […]

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It’s Time To Break Up Apple

from Fast Company A recurring theme of the last two years–politically, culturally, economically–has been yelling out loud what was supposed to be merely whispered or implied; throwing caution to the wind and, essentially, telling on yourself. That’s exactly what Apple did yesterday. This Monday, the beloved tech giant announced its big plans to seek fresh […]

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Legal Scholar Tim Wu Says The US Must Enforce Antitrust Laws

from Wired LAST WEEK, PRESIDENTIAL candidate Senator Elizabeth Warren (D-Massachusetts) announced an ambitious plan to break up big tech companies like Google, Facebook, and Amazon and block them from selling their own products on their platforms. Warren called out Facebook’s acquisitions of Instagram and WhatsApp and Google’s acquisition of online advertising giant DoubleClick as examples […]

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How to Stop Facebook’s Dangerous App Integration Ploy

From NYTs In response to calls that Facebook be forced to divest itself of WhatsApp and Instagram, Mark Zuckerberg has instead made a strategic power grab: He intends to put Instagram, WhatsApp and Facebook Messenger onto a unified technical infrastructure. The integrated apps are to be encrypted to protect users from hackers. But who’s going to protect users from […]

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When You Merge The Message With The Medium, You Make A Messium

from Wired THE NIXON ADMINISTRATION saw it coming. In a stunning January 1974 report, the Nixon White House Cable Committee foretold that the new telecom platform known as cable would, eventually, be a monopoly service wherever it was offered. The committee, whose membership included Mitt Romney’s dad, George, and which was staffed by a young […]

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How Amazon’s Bottomless Appetite Became Corporate America’s Nightmare

from Bloomberg Amazon makes no sense. It’s the most befuddling, illogically sprawling, and—to a growing sea of competitors—flat-out terrifying company in the world. It sells soap and produces televised soap operas. It sells complex computing horsepower to the U.S. government and will dispatch a courier to deliver cold medicine on Christmas Eve. It’s the third-most-valuable […]

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Huntsman and Clariant Halt Chemicals Merger, Citing Investor Revolt

from NYTs Two of the world’s leading chemical manufacturers, the Huntsman Corporation and Clariant of Switzerland, terminated a planned multibillion-dollar merger on Friday, bowing to pressure from activist investors who opposed the deal. The deal’s demise was the latest success for activist shareholders, who have put some of the world’s largest companies in their sights […]

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The Walls Are Closing In On Tech Giants

from Axios Tech behemoths Google, Facebook and Amazon are feeling the heat from the far-left and the far-right, and even the center is starting to fold. Why it matters: Criticism over the companies’ size, culture and overall influence in society is getting louder as they infiltrate every part of our lives. Though it’s mostly rhetoric […]

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Antitrust Regulators Approve Tesla Deal To Buy Solarcity

from ars technica On Thursday, federal antitrust regulators from the Federal Trade Commission (FTC) approved electric vehicle maker Tesla’s bid to buy solar panel company SolarCity for $2.6 billion in an all-stock deal. The deal was expected to be approved, and Reuters reported that regulators fast-tracked the merger, along with a number of other, lower-profile mergers in which […]

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Antitrust Scrutiny for 3 Big U.S. Theater Chains

from NYTs A simmering federal investigation into whether the big movie theater chains are misusing their market clout to keep new films away from independent competitors gained steam on Tuesday. Cinemark Holdings, the nation’s third-largest movie theater operator, disclosed in a filing with the Securities and Exchange Commission that it had received a civil investigative demand for […]

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United States: Federal Trade Commission Issues First-Ever Guidance On “Unfair Methods Of Competition”

from bizlitnewsblog Section 5 of the 1914 Federal Trade Commission Act declares that “unfair methods of competition in or affecting commerce” are unlawful. The Act also empowers the Commission to prevent persons, partnerships, and corporations from using “unfair” methods of competition. But the FTC, notes the Wall Street Journal, “has never formally defined what it means to compete […]

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