Posts filtered by tags: Antitrust[x]


 

Facebook Might Be Slammed With An Antitrust Suit As Soon As Next Week

A coalition of 40 different states—spearheaded by New York Attorney General Letitia James—have plans to file an antitrust suit against Facebook in the coming week, sources told Reuters on Wednesday.Read more...
Tags: Facebook, Mark Zuckerberg, New York, Science, Monopolies, Antitrust, Ftc, Reuters, Letitia James


Discount brokerage REX takes aim at ‘real estate cartel’

The brokerage is suing Oregon officials, including Gov. Kate Brown, for "antitrust" practices, alleging a law that bans brokerages from providing rebates harms consumers.
Tags: Lawsuit, Oregon, Regulations, Radio, Antitrust, Rex, Kate Brown, NAR, Jack Ryan, Brokerage, Select, Buyer Broker Commission, Buyer Rebate


BlueMail Antitrust Case Against Apple Dismissed

An antitrust lawsuit leveled at Apple by Blix Inc. has been dismissed by a federal judge, in what appears to be a major setback for developers accusing Apple of malpractice with its App Store (via Bloomberg). BlueMail was removed from the Mac App Store in June 2019 after Apple found the app to be in violation of several ‌App Store‌ Review Guidelines, including "proposing to override basic data security protections which can expose users' computers to malware that can harm their Macs and threa...
Tags: Apple, Lawsuit, App Stores, Antitrust, App Store, Mac App Store, Stark, U S District Court for the District of Delaware, Blix, Leonard P Stark, BlueMail, Patent lawsuits, BlueMail Antitrust Case Against Apple, Blix Inc, Bloomberg BlueMail, Mac App Store Blix Inc


Facebook to pay news publishers in UK for content from 2021

Facebook will launch its curated news platform, Facebook News, in the United Kingdom in January 2021. The social media giant announced on Monday that it will begin paying news publishers in the UK for featuring content — that is not already on the platform — in a dedicated news tab in the Facebook app. The company said some of UK’s biggest news publishers such as Conde Nast, The Economist, Guardian Media Group and so on will feature on Facebook News. “We expect many more partners to join prior t...
Tags: Travel, Google, Facebook, UK, News, Australia, France, Germany, US, United States, United Kingdom, Antitrust, Conde Nast, Google Facebook, Facebook News, Interestingly Facebook


The FTC and state attorneys general are reportedly aiming up to 4 new antitrust lawsuits at Facebook and Google as talk of regulation continues to heat up

Carsten Koall/Getty Images; Alex Wong/Getty Images The Federal Trade Commission and state attorneys general are gearing up to hit Google and Facebook with new antitrust lawsuits in the coming weeks, per a Monday report from The Wall Street Journal. The probes will focus on whether the companies have had unfair advantages in their domination of the search and ad market and social media. The DOJ and state attorneys generals have been probing aspects of Google's business, including its searc...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Texas, News, Instagram, Microsoft, Congress, US, Trends, Eu, Democrats, House, Antitrust


Italy Fines Apple $12 Million for Misleading iPhone Water Resistance Claims

Apple has been slapped with a 10 million euro ($12 million) fine by Italy's antitrust watchdog for unfair commercial practices related to its iPhone marketing in the country. Specifically, Apple is being charged for misleading claims in promotional messages about how deep and how long iPhones can be submerged in water without being damaged. In marketing materials related to ‌iPhone‌ 8, ‌iPhone‌ 8 Plus, iPhone XR, iPhone XS, ‌iPhone XS‌ Max, iPhone 11, ‌iPhone 11‌ Pro and iPhone 11 Pro Max, ...
Tags: Apple, Italy, Antitrust, Max, Pro Max Apple


UK to set up new Big Tech regulator to address Google, Facebook dominance

The United Kingdom (UK) government will set up a new body exclusively for the purpose of regulating Big Tech companies. The country’s competition regulator Competition and Markets Authority’s (CMA) new dedicated Digital Markets Unit (DMU) will enforce a new statutory code to ensure “acceptable behaviour” by technology companies such as Google and Facebook. It will begin operating from April 2021. The new code, the UK government claims, will support the sustainability of the news publishing indus...
Tags: Travel, Google, Facebook, Japan, UK, News, Microsoft, US, Eu, European Union, Competition, United States, United Kingdom, Antitrust, Biden, Competition And Markets Authority


Morning Docket: 11.24.20

* Law enforcement personnel have filed a lawsuit to stop the legalization of marijuana in South Dakota. The Super Troopers would have never done this... [Hill] * The New York Attorney General is suing the Buffalo diocese for an alleged "sex abuse cover-up." [BBC] * New Jersey has passed a new law aimed at protecting home addresses and other information of judges and other public officials after the family of a New Jersey federal judge was attacked earlier this year. [NBC News] * The Attor...
Tags: Google, New York, Law, Marijuana, Bbc, South Dakota, New Jersey, Antitrust, Reuters, Chicago Tribune, Hill, Morning Docket, New York Attorney General, Esther Salas, Attorney General of Indiana, The Attorney General of Indiana


Apple Defends Delay of iOS 14 Feature Limiting App Tracking, Blasts Facebook

Earlier this year, human rights and privacy groups including the Electronic Frontier Foundation and Human Rights Watch wrote to Apple, asking why it was delaying the introduction of a feature that would force apps to receive explicit opt-in from iPhone users before tracking them. Apple responded, according to BloombergRead more...
Tags: Apple, Facebook, Apps, Science, Technology, Privacy, Advertising, Antitrust, Ads, Feuds, Tracking, App Store


FCA, PSA Group Schedule Shareholder Meetings to Finalize Merger

The merger between Fiat Chrysler Automobiles and PSA Group is reportedly progressing smoothly, with the involved parties announcing general meetings for their respective shareholders on Wednesday. Scheduled to take place on January 4th, the summit is being held “in order to approve the merger of their companies to allow the creation of Stellantis, which will […] The post appeared first on The Truth About Cars.
Tags: Industry, Fca, Mergers, Antitrust, Autos, Fiat Chrysler, Industry News, Fiat Chrysler Automobiles, News Blog, PSA Group, Stellantis, FCA PSA Group Schedule Shareholder Meetings


DOJ sues NAR, alleges illegal restraints on Realtor competition

Proposed settlement would require the trade organization to repeal or change several rules the Department of Justice deems anticompetitive.
Tags: Radio, Antitrust, Department Of Justice, Doj, NAR, National Association of Realtors, Select, Commissions, U.S. Department of Justice, MLS & Associations


Tech in the Biden era

President-elect Joe Biden may have spent eight years in an administration that doted on the tech industry, but that long honeymoon, punctuated by four years of Trump, looks to be over. Tech is on notice in 2020. The Russian election interference saga of the 2016 election opened the floodgates for social media’s ills. The subsequent years unleashed dangerous torrents of homegrown extremism and misinformation that either disillusioned or radicalized regular people. A cluster of tech’s biggest d...
Tags: Apple, Google, Amazon, TC, Facebook, Lyft, Mark Zuckerberg, Obama, Congress, California, Ebay, Government, Senate, White House, Elizabeth Warren, Tech


Apple Cuts App Store Fees in Half for Small Developers as Monopoly Concerns Loom

Epic’s quixotic lawsuit against Apple over the fees it collects from the iOS App Store may be mired in the slow grind of the court system, but we’re already seeing the iPhone maker reevaluate its approach to taking a cut. Read more...
Tags: Apple, Science, Epic, Antitrust, Fees, App Store, Fornite


App Store Fee Cut Attracts Criticism From Major Developers Like Spotify and Epic

A number of industry players, including Spotify, Epic Games CEO Tim Sweeney, and Basecamp CTO David Heinemeier Hansson, have today criticized Apple's move to launch a new App Store Small Business Program that will halve App Store fees for small business owners and independent developers (via The Verge). After Apple announced the new program, Spotify released a statement saying that it proved the ‌App Store‌ policies are "arbitrary and capricious." Apple's anti-competitive behavior threatens...
Tags: Apple, Amazon, Spotify, US, New York Times, Antitrust, App Store, Epic Games, Basecamp, EU Commission, Machiavelli, Tim Sweeney, Hansson, David Heinemeier Hansson, Sensor Tower, Small Business Program


Apple is slashing its App Store payment fees in half for smaller developers, from 30% to 15%

Apple CEO Tim Cook. Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple announced Wednesday it's reducing the commission it takes on App Store in-app purchases from 30% to 15% for small developers, starting January 1, 2021. Apple's price reduction will apply to developers who made up to $1 million in revenue over the last year. Apple has been engaged in a bitter fight over its App Store payments commission with major developers such as Spotify and Epic Games. Its rules ...
Tags: Apple, Europe, US, Trends, Developers, New York Times, Tim Cook, Antitrust, App Store, Match Group, Epic Games, Tech Insider, Getty Images Apple, Isobel Asher Hamilton, Spotify Tinder, Visit Business Insider


Apple halves commission on in-app purchases to 15% for small businesses

Apple has halved the commission it takes from for smaller app developers on its App Store to 15%, the company announced in a blog post on Wednesday. A small business that makes less than $1 million in revenue in a calendar year from all its apps will be eligible for the reduced commission structure. The policy change is part of Apple’s “App Store Small Business Programme”, which will launch on January 1, 2021. “Developers can qualify for the programme and a reduced, 15 percent commission if they...
Tags: Travel, Apple, Google, News, India, Coalition, Antitrust, App Store, Epic Games, Company, Ministry of Electronics and Information Technology, Epic Games Apple, US Securities Exchange Commission SEC, Spotify Basecamp


Google changes Play store policy for ‘News’ apps to prevent unlicensed content

Google has recently changed its policy for “news” apps on its Play store. The updated policy required developers of these apps to be show users information about the publisher along with its contact information. This will likely help the company validate these apps, and whether the content is being hosted legally. Additionally, in what is perhaps an attempt to stave off some antitrust criticism, it requires the apps to have links to the official website of the publisher of each article. The poli...
Tags: Travel, Google, Google Play, Facebook, News, Australia, United States, Antitrust, France Germany, Facebook Publishers


Apple is slashing its App Store payment fees in half for smaller developers, to 15% from 30%

Apple CEO Tim Cook. Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple on Wednesday announced it's reducing the commission it takes on App Store in-app purchases, to 15% from 30%, for small developers starting January 1. Apple's price reduction will apply to developers that made up to $1 million in revenue over the past year. Apple has been engaged in a bitter fight with major developers such as Spotify and Epic Games over its App Store commission. Its rules have attra...
Tags: Apple, Spotify, Europe, US, Trends, Developers, New York Times, Tim Cook, Antitrust, App Store, Match Group, Epic Games, Tech Insider, Getty Images Apple, Isobel Asher Hamilton, Visit Business Insider


How a Biden administration may impact tech policy in India

By Nikhil Sud Though a Biden administration may not have obvious or immediate implications for tech policy in India, several issues are worth watching closely for potential nuanced, non-obvious, sometimes indirect, and often significant implications that could take shape over time. Some of these are discussed below. Data localisation Given the recent breakdown of the EU-US Privacy Shield, a Biden administration may work with the EU to help reinstate free data-flows between the two regions. Thi...
Tags: Travel, Europe, News, California, India, US, Eu, Competition, Antitrust, Biden, Views, Intermediary Liability, Trump, US Europe, NPD, Joseph Biden


Tencent reports strong quarterly results amid imminent Chinese antitrust regulation

Tencent reported a total revenue of $18.42 billion, a growth of 29% YoY, buoyed by a good performance by its mobile gaming segment. The Chinese conglomerate’s quarterly results for Q3 2020 were announced in the shadow of tightening regulations and growing scrutiny of monopolistic activity. Earlier this month, the Chinese government halted Ant Group’s IPO valued at $37 billion. The Shanghai Stock Exchange said that this was because there had been “material changes” in the regulatory stance on fin...
Tags: Travel, News, China, India, Tencent, Antitrust, Tencent Video, League Of Legends, Mitchell, Lau, US Japan, Shanghai Stock Exchange, James Mitchell, Business Services, Martin Lau, Ant Group


Sen. Amy Klobuchar, who could become Biden's attorney general, said breaking up Google should be 'on the table'

Sen. Amy Klobuchar. Samuel Corum/POOL/AFP Sen. Amy Klobuchar on Thursday praised the Justice Department for leaving open the option of breaking up Google as part of its antitrust lawsuit against the Big Tech firm. "In a serious monopolization action like this one, it's important that a breakup remedy be on the table," Klobuchar said. Klobuchar is tipped to be a candidate for attorney general once President-elect Biden takes power in January — which could spell trouble for Google. Others cl...
Tags: Google, Facebook, Lawsuit, Minnesota, Congress, White House, US, Trends, Joe Biden, Antitrust, Amy Klobuchar, Biden, Donald Trump, Doj, Justice Department, Cnbc


A senator who could become Biden's attorney general said breaking up Google should be 'on the table'

Sen. Amy Klobuchar. Samuel Corum/POOL/AFP Sen. Amy Klobuchar on Thursday praised the Justice Department for leaving open the option of breaking up Google as part of its antitrust lawsuit against the Big Tech firm. "In a serious monopolization action like this one, it's important that a breakup remedy be on the table," Klobuchar said. Klobuchar is tipped to be a candidate for attorney general once President-elect Biden takes power in January — which could spell trouble for Google. Others cl...
Tags: Google, Facebook, Lawsuit, Minnesota, Congress, White House, US, Trends, Joe Biden, Antitrust, Amy Klobuchar, Biden, Donald Trump, Doj, Justice Department, Cnbc


Antitrust Litigation Associate Attorney [Sponsored]

A global AmLaw 50 law firm located in DC is searching for Antitrust Associate.
Tags: Asia, Law, Antitrust, Dc, Biglaw, Sponsored Content, Lateral Moves, Kinney Recruiting, Asia Chronicles, Antitrust Litigation


Act now before Google kills us, 135-strong coalition of startups warns EU antitrust chief

A coalition of 135 startups and tech companies with services in verticals including travel, accommodation and jobs have written to the European Commission to urge antitrust action against Google — warning that swift enforcement is needed or some of their businesses may not survive. They also argue the Commission needs to act now or it risks undermining its in-train reform of digital regulations — which is due to be lay out in draft form early next month. The letter has been inked by veteran I...
Tags: Google, Ecommerce, Europe, US, Tech, Eu, Policy, Competition, Commission, European Commission, Antitrust, Google Shopping, Margrethe Vestager, Reuters, US Department of Justice, The Commission


Good news turns tech upside down as Jeff Bezos looks for friends

Hello, and welcome to this Wednesday's edition of the Insider Tech newsletter, where we break down the biggest news in tech. Did someone forward this newsletter to you? Get Insider Tech straight in your inbox by subscribing here  This week: Good news turns tech upside down as Jeff Bezos looks for new friends Jeff Bezos, founder and chief executive officer of Amazon, poses as he stands atop a supply truck during a photo opportunity at the premises of a shopping mall in the southern Indian c...
Tags: Apple, Google, Amazon, Startups, Europe, Enterprise, Microsoft, Mac, China, Softbank, Satya Nadella, Disney, US, Trends, Eu, Cyprus


Amazon Hit With Multibillion-Dollar Antitrust Action in EU

Following a two-year investigation into its practices as a retailer and platform, EU regulators announced antitrust charges against Amazon on Tuesday. The European Commission said that it takes issue with what it says is Amazon’s collection of non-public data on its platform that is used to benefit its own retail…Read more...
Tags: Amazon, Science, Eu, European Union, European Commission, Antitrust


EU hits Amazon with antitrust probes on seller data, competing products

Accusing Amazon of “systematically relying on non-public business data” of sellers to its own advantage, the European Commission on Tuesday opened a formal antitrust investigation into Amazon’s marketplace and retail practices in Germany and France. The Commission’s executive vice-president, Margrethe Vestager, who is in charge of competition policy, announced the probe.  We reached the preliminary conclusion that @amazon illegally has abused its dominant position as a marketplace service...
Tags: Travel, Amazon, News, France, Germany, Eu, European Union, Competition, Italy, Commission, European Commission, Antitrust, Norway, Margrethe Vestager, Bezos, Competition Authority


The EU just hit Amazon with a major antitrust complaint that could cost the tech giant $28 billion

European Digital Economy Commissioner Margrethe Vestager. Reuters The European Commission on Tuesday filed an antitrust complaint against Amazon over how it uses third-party seller data. If successful, the complaint could result in a fine equivalent to 10% of Amazon's annual global revenue. This would mean a $28.1 billion fine for Amazon. The Commission took issue with Amazon using data from third-party sellers to inform its own retail strategies, acting as both marketplace operator and a ...
Tags: Google, Amazon, France, Trends, Eu, Commission, European Commission, Antitrust, Margrethe Vestager, Hoffman, UNI Global Union, Tech Insider, Germany Amazon, Isobel Asher Hamilton, Christy Hoffman, Amazon The Commission


Europe lays out antitrust case against Amazon’s use of big data

The European Commission has laid out a first set of antitrust charges against Amazon focused on its dual role as a platform for other sellers but also a retailer itself on its own platform — and its cumulative use of third party merchant data to underpin Amazon’s own retail decisions. Competition chief Margrethe Vestager said its preliminary conclusion is the ecommerce giant has abused its market position in France and Germany, its biggest markets in the EU, via its use of big data to “ill...
Tags: Amazon, TC, Ecommerce, Europe, France, Germany, US, Tech, Eu, European Union, Competition, Commission, European Commission, Antitrust, Margrethe Vestager, Vestager