Antitrust regulation

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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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 - 5:35 pm
WASHINGTON (AP) — The Latest on congressional hearings on the reach of big tech (all times local): 4:50 p.m. Rep. Joe Neguse, a Democrat from Colorado, sought to pin down Facebook on the subject of "monopoly" during a hearing on the power of Big Tech. Facebook argues it is not a monopoly because it...
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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 unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 2:33 pm
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 2:30 p.m. One regulatory expert believes Facebook's new currency will "almost surely" fall under new U.S. regulation adopted in the wake of the 2008 financial crisis. Karen Shaw Petrou, managing partner of Federal...
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FILE - In this Tuesday, June 12, 2018, file photo, Assistant Attorney General for Antitrust Makan Delrahim leaves the federal courthouse in Washington. Delrahim suggested Tuesday, June 11, 2019, he'll take a broad view of how competition is harmed when assessing whether big tech firms should be broken up. (AP Photo/Jose Luis Magana, File)
June 11, 2019 - 9:40 pm
WASHINGTON (AP) — The U.S. Justice Department's antitrust chief suggested Tuesday he'll take a broad view of how competition is harmed when assessing whether big tech firms should be broken up. Assistant Attorney General Makan Delrahim also was clear in a speech in Israel that he is well aware that...
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Kevin Riley, editor of the Atlanta Journal-Constitution, right, talks with David Pitofsky, General Counsel of News Corp, during their appearance before the House Judiciary Antitrust subcommittee hearing on 'Online Platforms and Market Power', on Capitol Hill in Washington, Tuesday, June 11, 2019. (AP Photo/Cliff Owen)
June 11, 2019 - 5:46 pm
WASHINGTON (AP) — Members of both parties on Tuesday suggested legislation may be necessary for the financially-struggling U.S. news industry as lawmakers began a bipartisan investigation into the market dominance of Silicon Valley companies. At a hearing of the House Judiciary Committee's...
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New York Attorney General Letitia James, center, speaks during a news conference, Tuesday, June 11, 2019, in New York. A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. (AP Photo/Mary Altaffer)
June 11, 2019 - 5:15 pm
NEW YORK (AP) — A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. The state attorneys general said the promised benefits, such as better networks in rural areas and faster service...
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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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