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Google hit with another fine by the EU, this time for $1.7 billion

Google has been fined for the third time by the EU, this time for breaching antitrust laws by requiring third-party websites using its search function to prioritize its ads over competitors. The post Google hit with another fine by the EU, this time for $1.7 billion appeared first on Digital Trends.
Tags: Google, Android, Mobile, Business, News, Trends, Eu, Computing, Antitrust, Fine


Google hit with another fine by the E.U., this time for $1.7 billion

Google has been fined for the third time by the E.U., this time for breaching antitrust laws by requiring third-party websites using its search function to prioritize its ads over competitors. The post Google hit with another fine by the E.U., this time for $1.7 billion appeared first on Digital Trends.
Tags: Google, Android, Mobile, Business, News, Trends, Eu, Computing, Antitrust, Fine


Google Hit With $1.7 Billion in Europe for Abusing Advertising Dominance

European regulators fined Google €1.49 billion (or $1.7 billion) on Wednesday for abusing its dominance in the online advertising business by imposing restrictive and anticompetitive contracts on its European customers.Read more...
Tags: Google, Android, Europe, Science, Antitrust, Adsense, Margrethe Vestager, Kent Walker


Google Hit With $1.7 Billion Fine in Europe for Abusing Advertising Dominance

European regulators fined Google €1.49 billion (or $1.7 billion) on Wednesday for abusing its dominance in the online advertising business by imposing restrictive and anticompetitive contracts on its European customers.Read more...
Tags: Google, Android, Europe, Science, Antitrust, Adsense, Margrethe Vestager, Kent Walker


Google fined $1.49BN in Europe for antitrust violations in search ad brokering

The European Commission has just announced another antitrust fine for Google . The latest fine — $1.49BN — relates to its search ad brokering business which competition commissioner Margrethe Vestager noted today is “by far” the company’s main source of revenue. “Today’s decision is about how Google abused its domiance to stop website’s using brokers other than the AdSense platform,” she said, noting that the Commission looked at more than 200 agreements and found at least one clause that h...
Tags: Google, TC, Europe, Advertising Tech, Tech, Eu, Policy, Commission, European Commission, Antitrust, Adsense, Google Shopping, Margrethe Vestager, Vestager, Competition Commission, Google Amazon


Google fined €1.49BN in Europe for antitrust violations in search ad brokering

The European Commission has just announced another antitrust fine for Google . The latest fine — €1.49BN (~$1.7BN) — relates to its search ad brokering business, which involves Google selling advertising space related to searches carried out on third party websites. Speaking at a press conference, EU competition commissioner Margrethe Vestager said the search giant — “by far the biggest” search ad broker in the region, with its AdSense platform taking a share in Europe of “well above 70% si...
Tags: Travel, Google, TC, Europe, Advertising Tech, Elizabeth Warren, Eu, Policy, Commission, European Commission, Antitrust, Adsense, Google Shopping, Margrethe Vestager, Qwant, Vestager


Ahead of third antitrust ruling, Google announces fresh tweaks to Android in Europe

Google is widely expected to be handed a third antitrust fine in Europe this week, with reports suggesting the European Commission’s decision in its long-running could land later today. Right on cue the search giant has PRed another Android product tweak — which it bills as “supporting choice and competition in Europe”. In the coming months Google says it will start prompting users of existing and new Android devices in Europe to ask which browser and search apps they would like to us...
Tags: Apple, Google, Android, Mobile, Apps, Spotify, Europe, France, Tech, Eu, European Union, Search Engines, Smartphone, Image Search, Policy, Chrome Os


Kapersky Labs Files Antitrust Complaint Against Apple in Russia Over App Store Policies

Russian cybersecurity firm Kapersky Labs has filed an antitrust complaint against Apple in Russia, claiming that latter firm used its monopoly over the App Store to force the company to remove app control and Safari browser blocking from the iOS version of its Kapersky Safe Kids app, ZDnet reported on Tuesday.Read more...
Tags: Apple, Mobile, Science, Technology, Russia, Monopoly, Smartphones, Cybersecurity, Antitrust, App Store, Parental Controls, Screen Time, Kapersky Labs


Why a top antitrust lawmaker thinks it’s time to break up Facebook

When the newly-minted chair of a congressional antitrust committee calls you out, it’s probably time to start worrying. In an op-ed for the New York Times, Rhode Island Representative David N. Cicilline has called on the Federal Trade Commission to look into Facebook’s behavior for potential antitrust violations, citing TechCrunch’s own reporting that the company collected data on teens through a secret paid program among many other scandals. “After each misdeed becomes public, Facebook alter...
Tags: TC, Facebook, Mark Zuckerberg, Instagram, Congress, Government, Tech, Bloomberg, House, Antitrust, Silicon Valley, Federal Trade Commission, Ftc, Democratic Party, Cicilline, David N Cicilline


Why the ‘bombshell lawsuit’ might be a dud: Part 2

The Moehrl class action lawsuit gunning for real estate might not be as dangerous to our profession as we all fear. Here we continue onto the second and final part of our dive into the mistakes, errors and problems contained within this complaint.
Tags: Radio, Antitrust, Agent, Select, Bernice Ross, Class-action Lawsuit, Moehrl lawsuit


Why the ‘bombshell lawsuit’ might be a dud

The issues and potential threat that the Moehrl lawsuit poses to the real estate industry, specifically in regard to sharing listings and compensation through the MLS, have been outlined — but in this two-part series, you'll be taken on a deep dive into the mistakes, errors and problems contained within this complaint.
Tags: Opinion, Radio, Antitrust, Mls, Agent, Class Action, Select, Bernice Ross, Moehrl lawsuit


Apple Spat With Spotify Is a Fight for Its Future—and It's Failing to Make Its Case

Apple CEO Tim Cook has been more than clear that services like the iOS App Store are an essential part of the company’s future as consumers hang onto devices for longer and longer periods between upgrades. When Spotify filed an antitrust lawsuit against Apple this week, it fired a direct shot at the tech giant’s…Read more...
Tags: Apple, Spotify, Science, Tim Cook, Antitrust


Social media law roundup

Was this an entry in a contest to draft the most unconstitutional bill? “Florida Bill Would Make It a Crime for Minors to Post Pictures of Guns on Social Media” [Eugene Volokh] “Everyone involved in politics has bad days, when one’s interests conflict with one’s ideals.” But conservatives should resist the temptation to call in government to regulate the Internet [John Samples] New Republican interest in antitrust explainable by wish to bust corporations considered unfriendly to Republicans [...
Tags: Facebook, Florida, Guns, Law, Uncategorized, Elizabeth Warren, Social Media, Antitrust, Warren, Lafayette, Eugene Volokh, Steven Greenhut, Wrong Right, Scott Shackford, Elizabeth Nolan Brown, John Samples


Apple addresses Spotify’s claims, but not its demands

Two days after Spotify announced that it had filed a suit against Apple with the European Commission over anticompetitive practices, Apple today issued its own response of sorts. In a lengthy statement on its site called “Addressing Spotify’s Claims”, Apple walks through and dismantles some of the key parts of Spotify’s accusations about how the App Store works, covering app store approval times, Spotify’s actual cut on subscription revenues, and Spotify’s rise as a result of its presence ...
Tags: Apple, TC, Apps, Spotify, Europe, Media, Government, Tech, Competition, Regulation, European Commission, Antitrust, App Store, Apple Music, US Copyright Royalty Board


Facebook and Big Tech are monopsonies, even when they're not monopolies

Big Tech is often in a monopoly situation (for example, Amazon's Audible owns something like 90% of the audiobook market), but even where they aren't monopolies, they are often monopsonies: a single buyer that controls the whole market that a variety of sellers want to sell into. This is a problem with many concentrated markets, from eyewear to Itunes, and it's the end-result of the Chicago School's bizarre version of antitrust, which took over the world in the Reagan years and has been wre...
Tags: Amazon, Facebook, Post, News, Elizabeth Warren, Walmart, Reagan, Competition, Antitrust, Warren, Fox News, Vpn, Chicago School, Big Tech, Late Stage Capitalism, Antonio Garcia Martinez


Spotify's antitrust complaint against Apple is a neat parable about Big Tech's monopoly

Spotify has asked the EU Commission to intervene in its business relationship with Apple, citing the fact that Apple takes a 30% vig on all customer revenues from people who join the service or buy songs through an Iphone app, while Apple's own competing Itunes store does not have to pay this commission. That means that while Apple and Spotify pay the same wholesale rates for the music they sell, Spotify has to give 30% of its revenues to Apple, while either earning 30% less on each of its ...
Tags: Apple, Ios, Spotify, Post, Music, News, Elizabeth Warren, US, Eu, Reagan, Competition, EK, Antitrust, Warren, Streaming, Department Of Justice


Spotify Hits Apple With EU Antitrust Complaint

After a decade of worsening relations with Apple, Swedish music streaming giant Spotify took the extraordinary step today of filing a formal antitrust complaint with the European Commission, “after trying unsuccessfully to resolve the issues directly with Apple,” according to CEO Daniel Ek. Read more...
Tags: Apple, Spotify, Science, Eu, European Commission, Antitrust, Apple Music, Streamwars, Daniel Ek Read


Spotify files a complaint against Apple with the European Commission over “Apple tax” and restrictive rules

Spotify is taking its gloves off in what has up to now been a behind-the-scenes tug-of-war with Apple, where it competes against Apple Music but also relies heavily on the company for distribution in its app on iOS devices. Today CEO Daniel Ek announced that his company has filed a complaint against the iPhone giant with the European Commission, over how Apple has “introduced rules to the App Store that purposely limit choice and stifle innovation at the expense of the user experience—essenti...
Tags: Apple, Google, TC, Spotify, Tech, Netflix, EK, European Commission, Antitrust, EC, Hulu, Daniel Ek, Gutierrez, Horacio Gutierrez


March 13 roundup

“Near the end of her new proposal to break up Facebook, Google, Amazon, and Apple, Senator Warren asks, ‘So what would the Internet look like after all these reforms?’ It’s a good question.” [Geoffrey Manne and Alec Stapp, Truth on the Market/CNBC] Floral arrangements as constitutionally protected expression: Cato files amicus on behalf of First Amendment rights of Washington florist Barronelle Stutzman not to serve a wedding of which she disapproves [Ilya Shapiro and Patrick Moran, Washington...
Tags: Apple, Law, Washington, Uncategorized, Elizabeth Warren, Transgender, Antitrust, Warren, Don't, FHA, Second Circuit, Natalia, Facebook Google Amazon, Scott Greenfield, Barronelle Stutzman, Ilya Shapiro


One company bought all the retail outlets for glasses, used that to force sales of all the eyewear companies and jacked up prices by as much as 1000%

If you wear glasses, you might have noticed that they've been getting steadily more expensive in recent years, no matter which brand you buy and no matter where you shop. That's because a giant-but-obscure company called Luxottica bought out Sunglass Hut and Lenscrafters, then used their dominance over the retail side of glasses to force virtually every eyewear brand to sell to them (Luxxotica owns or licenses Armani, Brooks Brothers, Burberry, Chanel, Coach, DKNY, Dolce & Gabbana, Michael ...
Tags: Health, Post, News, Reagan, Antitrust, Prada, Luxottica, Oakley, Versace, LA Times, Ray Ban, Essilor, David Lazarus, LensCrafters, Dahan, Rent Seeking


"Facebook removed several ads placed by Sen. Elizabeth Warren’s presidential campaign that called for the breakup of Facebook and other tech giants."

"But the social network later reversed course after POLITICO reported on the takedown, with the company saying it wanted to allow for 'robust debate,'" .“Three companies have vast power over our economy and our democracy. Facebook, Amazon, and Google," read the ads, which Warren's campaign had placed Friday. "We all use them. But in their rise to power, they’ve bulldozed competition, used our private information for profit, and tilted the playing field in their favor.”...“We removed the ads bec...
Tags: Google, Facebook, Law, Censorship, Advertising, Elizabeth Warren, Antitrust, Warren, Logos, Sen Elizabeth Warren, Facebook Amazon, Ann Althouse


Amazon reportedly nixes its price parity requirement for third-party sellers in the U.S.

Amazon will stop forbidding third-party merchants who list on its e-commerce platform in the United States from selling the same products on other sites for lower prices, reports Axios. The company’s decision to end its price parity provision comes three months after Sen. Richard Blumenthal urged the Department of Justice to open an antitrust investigation into Amazon’s policies and a few days after Democratic presidential candidate Sen. Elizabeth Warren announced she would make breaking up A...
Tags: Amazon, TC, Facebook, Ecommerce, Politics, Legal, Germany, Tech, European Union, United States, Antitrust, Department Of Justice, Sen Elizabeth Warren, MFN, Blumenthal, Amazon Google


Elizabeth Warren reveals her plan to break up Big Tech

Would-be Democratic Presidential nominee Elizabeth Warren (I've donated to her campaign, as well as Bernie Sanders') has published her latest policy prescription: a plan to break up Big Tech monopolists to protect the public's privacy and the interests of small-business competitors. Under Warren's plan, large tech companies (with more than $25b in global revenues) would be designated "platform utilities" and would be required to give all commercial users "fair, reasonable and nondiscrimator...
Tags: Google, Amazon, Facebook, Europe, Post, Business, Elections, News, Instagram, Russia, Elizabeth Warren, US, America, Antitrust, Warren, Zappos


Elizabeth Warren Wants to Break Up Amazon, Facebook and Google. Experts Say That Won’t Be Easy

Massachusetts Sen. Elizabeth Warren released an aggressive plan on Friday to target the power of Silicon Valley by breaking up some of America’s biggest tech companies. But while the Democratic presidential candidate’s proposal is sure to excite tech critics and progressive activists, antitrust experts caution that the country’s existing laws and precedent would mean a…
Tags: Google, Amazon, Facebook, News, Uncategorized, Elizabeth Warren, America, Antitrust, Silicon Valley, Massachusetts Sen Elizabeth Warren, 2020 Election, Elizabeth Warren Wants to Break Up Amazon Facebook


Elizabeth Warren's Plan to Break Up Big Tech Is Just the Beginning

Breaking up the tech giants is one of the few major issues that cuts across party lines in Washington, D.C., and it even reaches into Silicon Valley itself.Read more...
Tags: Google, Amazon, Facebook, Science, Washington, Elizabeth Warren, Antitrust, Silicon Valley, What Would Ai Regulate


The bombshell lawsuit that could undo the US real estate industry

A homeseller has filed a class action lawsuit challenging a principal tenet of how the real estate industry works in the U.S. as well as one of the main reasons behind the existence of multiple listing services: the sharing of sales commissions between listing brokers and buyer's brokers.
Tags: US, Radio, Antitrust, NAR, Keller Williams, National Association of Realtors, HomeServices of America, Realogy, Kw, Brokerage, Select, RE/MAX, MLS & Associations, Class-action Lawsuit


Comcast Is Basically Just A Lawsuit Factory At This Point

Maybe Comcast ripping you off is the great uniting force we all need in 2019.
Tags: Law, Finance, Comcast, Antitrust, Consumer Protection, Jonathan Wolf


T-Mobile Admits It Spent $195,000 at Trump Hotel in DC While Feds Weighed Sprint Merger

T-Mobile is trying to merge with competitor Sprint in a hotly contested, $26 billion mega-deal that could be blocked by the Federal Communications Commission or the Department of Justice’s anti-trust division. T-Mobile has also spent $195,000 at a DC hotel operated by President Donald Trump, who has refused to divest…Read more...
Tags: Science, Technology, Sprint, Federal Communications Commission, Telecoms, Wireless, Antitrust, Dc, Department Of Justice, Donald Trump, T Mobile, Trump hotel, Hmmm, T Mobilesprint Merger


The FAIR Act will end forced arbitration for employment, consumer, antitrust and civil rights disputes

Forced arbitration "agreements" are how corporate America gets workers, tenants and customers to sign away their legal rights, substituting kangaroo courts where the "judge" is a lawyer paid by the corporation that abused you, and where the rules are whatever the corporation says they should be; The FAIR Act invalidates the use of arbitration to settle disputes over employment, consumer rights, antitrust and civil rights; it has 147 co-sponsors in the House and 34 in the Senate (all Democrats -...
Tags: Post, News, Labor, Senate, America, House, Civil Rights, Antitrust, Arbitration, House Senate, Binding Arbitration, Forced Arbitration, Kangaroo Court, Endforcedarbitration


Morning Docket: 03.01.19

* Reps. Jim Jordan and Mark Meadows have referred Michael Cohen to the Justice Department, claiming that they have evidence that Trump’s former fixer “committed perjury and knowingly made false statements“ during his testimony before the House Oversight Committee. [CNN] * Meanwhile, thanks to Cohen’s testimony, Allen Weisselberg, the longtime chief financial officer of the Trump Organization who has already been granted immunity by SDNY prosecutors, will be called to testify before the House In...
Tags: Law, Time Warner, Senate, Nbc News, Copyright, AT&T, Antitrust, Cbs, Pornography, Department Of Justice, House Intelligence Committee, Cyberstalking, Wall Street Journal, Justice Department, Law Schools, Biglaw