Antitrust regulation

June 11, 2019 - 12:52 pm
NEW YORK (AP) — The Latest on T-Mobile-Sprint lawsuit (all times local): 12:25 p.m. A group of 10 state attorneys general led by New York and California are filing a lawsuit to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. The state AGs say the merger would hurt competition...
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FILE - In this file photo dated Tuesday, May 22, 2018, Facebook CEO Mark Zuckerberg leaves the EU Parliament in Brussels during a series of meetings over data protection standards at the internet giant and alleged misuse of the personal information. The European Federal Cartel Office issued a ruling in February 2019 making it harder for Facebook to combine data from all its services to target ads more precisely to users. (AP Photo/Geert Vanden Wijngaert, FILE)
June 07, 2019 - 6:40 am
LONDON (AP) — As U.S. authorities prepare to investigate Silicon Valley's digital giants, they'll look for inspiration — and warnings — from Europe, where regulators have led global efforts to rein in Big Tech with only mixed results. The European Union's executive commission has slapped Google...
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FILE - In this Oct. 23, 2018, file photo, an Amazon logo is seen atop the Amazon Treasure Truck The Park DTLA office complex in downtown Los Angeles. The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the House Judiciary Committee has announced an antitrust probe of unidentified technology companies. (AP Photo/Richard Vogel, File)
June 04, 2019 - 5:26 pm
SAN FRANCISCO (AP) — Is Big Tech headed for a big breakup? The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the House Judiciary Committee has announced an unprecedented antitrust...
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June 04, 2019 - 1:17 am
SAN FRANCISCO (AP) — The Latest on antitrust concerns in the technology industry (all times local): 3 p.m. The House Judiciary Committee is launching a bipartisan investigation into competition in the digital industry. The committee's statement Monday, coming as news emerged of possible antitrust...
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FILE - In this April 30, 2019 file photo, Facebook CEO Mark Zuckerberg, left, makes the keynote speech at F8, the Facebook's developer conference, in San Jose, Calif. Facebook's stock is plunging following a Wall Street Journal report that the Federal Trade Commission will lead any antitrust investigation into the company as part of an arrangement that would give the Justice Department oversight of Google. Citing unnamed sources The Journal said Monday, June 3 that the FTC secured the rights to begin a potential investigation into whether Facebook engaged in what it called "unlawful monopolistic behavior." (AP Photo/Tony Avelar , File)
June 03, 2019 - 7:56 pm
SAN FRANCISCO (AP) — The federal government may be warming up its antitrust enforcement machine and pointing it at Big Tech. On Monday, the House Judiciary Committee announced a sweeping antitrust probe of unspecified technology companies. In a statement, it promised "a top-to-bottom review of the...
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FILE- In this Aug. 24, 2015, file photo specialist Frank Masiello is reflected in his screen on the floor of the New York Stock Exchange. U.S. stocks were mixed in early trading Monday, June 3, 2019, as investors looked to shake off the steep losses incurred in May. Energy and health care stocks led most sectors higher, although declines in some major technology and internet companies limited the gains. (AP Photo/Richard Drew, File)
June 03, 2019 - 5:40 pm
Major U.S. stock indexes ended mostly lower Monday amid signs that the Trump administration is laying the groundwork to ratchet up scrutiny on some of the market's biggest names: Apple, Facebook, Amazon and Google. Google's parent Alphabet lost 6.1% and Facebook sank 7.5%. Apple shed 1% on the day...
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FILE - This Thursday, Jan. 3, 2013, file photo shows Google's headquarters in Mountain View, Calif. The U.S. Justice Department is readying an investigation of Google’s business practices and whether they violate competition standards, according to news reports. The search giant was fined a record $2.72 billion by European regulators in 2017 for abusing its dominance of the online search market. In the U.S., the Federal Trade Commission made an antitrust investigation of Google but closed it in 2013 without taking action. (AP Photo/Marcio Jose Sanchez, File)
June 01, 2019 - 1:48 pm
WASHINGTON (AP) — The U.S. Justice Department is readying an investigation of Google's business practices and whether they violate antitrust law, according to news reports. The search giant was fined a record $2.72 billion by European regulators in 2017 for abusing its dominance of the online...
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FILE - In this Nov. 6, 2018 file photo, attendees look at the latest technology from Qualcomm at the China International Import Expo in Shanghai. Qualcomm’s stock is tumbling before Wednesday’s market open on May 22, 2019, after a federal judge ruled that the company unlawfully stifled cellphone chip market competition and charged excessive licensing fees. (AP Photo/Ng Han Guan, File)
May 22, 2019 - 11:17 am
NEW YORK (AP) — The Latest on federal judge's ruling against Qualcomm (all times local): 11:15 a.m. A federal ruling against Qualcomm is likely to reduce the licensing fees paid on the sales of smartphones. But it's unclear if device makers such as Apple will pass on any of their savings and lower...
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FILE- In this May 31, 2018, file photo customers enter the Apple store in New York. The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps. (AP Photo/Mark Lennihan, File)
May 14, 2019 - 7:47 am
WASHINGTON (AP) — Consumers can pursue a lawsuit complaining that iPhone apps cost too much, the Supreme Court ruled on Monday, adding to Apple's woes that already include falling iPhone sales and a European investigation. The lawsuit could have major implications for the tech giant's handling of...
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May 13, 2019 - 6:22 am
BRUSSELS (AP) — European Union anti-trust regulators are fining AB Inbev, the world's biggest brewer, more than 200 million euros ($225 million) for abusing its dominant position in the Belgian beer market. The EU's executive commission said Monday that the Belgium-based brewer is selling its...
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