Antitrust regulation

FILE - In this April 11, 2018, file photo Facebook CEO Mark Zuckerberg pauses while testifying before a House Energy and Commerce hearing on Capitol Hill in Washington. Federal regulators are fining Facebook $5 billion for privacy violations and instituting new oversight and restrictions on its business. But they are only holding Zuckerberg personally responsible in a limited fashion. (AP Photo/Andrew Harnik, File)
July 24, 2019 - 8:41 pm
SAN FRANCISCO (AP) — Facebook survived its latest brush with U.S. privacy regulators, at the cost of a record $5 billion fine and other restrictions imposed by the Federal Trade Commission. But it's far from home free. While the company looks set to prosper in the wake of the FTC case, it faces a...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook reports earning on Wednesday, July 24, 2019. (AP Photo/Jeff Chiu, File)
July 24, 2019 - 8:06 pm
SAN FRANCISCO (AP) — Facebook says it is under antitrust investigation by the Federal Trade Commission. The company made the announcement just hours after the agency slapped it with a record $5 billion fine and new oversight on its privacy practices. Facebook said Wednesday that it was informed of...
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FILE - This Friday, March 22, 2019, file photo shows the Department of Justice Building in Washington. The U.S. Department of Justice is opening a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. (AP Photo/Manuel Balce Ceneta, File)
July 24, 2019 - 10:35 am
WASHINGTON (AP) — Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their...
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FILE - This Friday, March 22, 2019, file photo shows the Department of Justice Building in Washington. The U.S. Department of Justice is opening a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. (AP Photo/Manuel Balce Ceneta, File)
July 23, 2019 - 9:42 pm
WASHINGTON (AP) — The U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. It said the probe will take into account "widespread concerns"...
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FILE - In this April 10, 2018, file photo Facebook CEO Mark Zuckerberg takes his seat to testify before a joint hearing of the Commerce and Judiciary Committees on Capitol Hill in Washington. The Washington Post reported on Tuesday, July 23, 2019, that the Federal Trade Commission will allege that Facebook misled users about its privacy practices as part of an expected settlement.(AP Photo/Alex Brandon, File)
July 23, 2019 - 6:29 pm
WASHINGTON (AP) — The Latest on U.S. regulation of technology companies (all times local): 6:25 p.m. The Justice Department says its new review of Big Tech's market power will delve into competition "in an objective and fair-minded manner." The agency says it wants to ensure that Americans have...
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European Antitrust Commissioner Margrethe Vestager talks to journalists during a news conference at the European Commission headquarters in Brussels, Thursday, July 18, 2019. The European Union has fined U.S. chipmaker Qualcomm $271 million, accusing it of "predatory pricing". (AP Photo/Francisco Seco)
July 18, 2019 - 11:28 am
BRUSSELS (AP) — In yet another European Union move against a U.S. tech company, the bloc's antitrust chief on Thursday fined chipmaker Qualcomm $271 million, accusing it of "predatory pricing" to drive a competitor out of the market. EU Antitrust Commissioner Margrethe Vestager said Qualcomm was...
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Rep. David Cicilline, D-R.I., left, chair of the House Judiciary antitrust subcommittee, speaks alongside ranking member, Rep. Jim Sensenbrenner, R-Wisc., during a House Judiciary subcommittee hearing with representatives from major tech companies, Tuesday, July 16, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
July 17, 2019 - 12:48 pm
WASHINGTON (AP) — The Latest on congressional hearings on the reach of big tech (all times local): 12:40 p.m. Facebook is moving forward on an ambitious plan for a new digital currency and won't commit to U.S. lawmakers' requests that it start small. Facebook executive David Marcus, who's leading...
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Rep. David Cicilline, D-R.I., left, chair of the House Judiciary antitrust subcommittee, speaks alongside ranking member, Rep. Jim Sensenbrenner, R-Wisc., during a House Judiciary subcommittee hearing with representatives from major tech companies, Tuesday, July 16, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
July 17, 2019 - 11:41 am
Big Tech faced tough questions this week as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook's plan for a new digital currency. Companies such as Apple, Google, Facebook and Amazon have long enjoyed...
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European Commissioner for Competition Margrethe Vestager, center, speaks with European Commissioner for Economic and Financial Affairs Pierre Moscovici, second left, and European Commissioner for Migration and Home Affairs Dimitris Avramopoulos, left, during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 17, 2019 - 8:22 am
BRUSSELS (AP) — The European Union is opening a new front in its quest to more closely regulate big tech companies, saying Wednesday it was investigating whether U.S. online giant Amazon uses data from independent retailers to gain an illegal edge when selling its own products. EU antitrust...
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FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s ambitious plan to create a new financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his Treasury secretary and the head of the Federal Reserve. (AP Photo/Marcio Jose Sanchez, File)
July 16, 2019 - 6:11 pm
WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users' data. "We know we need to take the time to get...
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