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Forty-six states and the Federal Trade Commission have filed massive antitrust lawsuits against Facebook, seeking to force the company to divest major acquisitions such as Instagram and WhatsApp. One suit filed on Wednesday in U.S. District Court for the District of Columbia is spearheaded by New York Attorney General Letitia James, leading a coalition of … Read more
Forty-six states and the Federal Trade Commission have filed massive antitrust lawsuits against Facebook, seeking to force the company to divest major acquisitions such as Instagram and WhatsApp. The suit filed on Wednesday in U.S. District Court for the District of Columbia is spearheaded by New York Attorney General Letitia James, and joined by 45 … Read more
Facebook and Google ‘will be hit with FOUR more antitrust lawsuits in the coming weeks’ in latest move against Big Tech The Wall Street Journal cites unnamed sources claiming four more lawsuits are expected from The Justice Department They will allege that both companies use unfair tactics to corner the market Google is already being … Read more
Google’s domination of the UK’s £14billion online advertising market must be the primary target of a blockbuster antitrust probe when Britain leaves the EU at the end of 2020, an influential group of publishers and adtech firms demanded today. Marketers for an Open Web has asked the Competition and Markets Authority to block the tech giant’s … Read more
Department of Justice sues Google, claiming it uses its power unfairly to preserve a monopoly as ‘the gatekeeper to the internet’ and shut out any search engine competitors The DoJ is preparing to file a lawsuit on Tuesday that accuses Google of shutting out competitors unfairly Because Google is the preferred advertising platform among businesses, … Read more
Mark Zuckerberg ‘testified under oath for two days’ as part of FTC anti-trust investigation into Facebook CEO Zuckerberg’s testimony could be used to build a case against Facebook But the move is not said to mean the commission will definitely pursue a lawsuit The FTC is leading a probe into how the social media giant’s practices … Read more
Apple retaliated against Epic Games after being served an anti-trust lawsuit for pulling the wildly popular video game Fortnite from the App Store. The tech giant is set to remove Epic Games’s developer account from the platform on August 28 – banning the firm from designing apps for the App Store in the future. Epic is … Read more
Amazon CEO Jeff Bezos and Facebook chief Mark Zuckerberg will defend their respective companies before a congressional hearing on Wednesday by saying they are true American businesses that value democracy. Bezos and Zuckerberg’s written testimony, made public on Tuesday, will be presented to the House Judiciary Committee’s antitrust panel investigating how their business practices and … Read more
Facebook takes the EU to court – for invasion of privacy! Regulator ‘overstepped the scope when quizzing employees as part of anti-trust probe’ Facebook is suing the European Union for ‘invading the privacy of employees’ The social media giant alleges EU regulators asked broad questions, beyond the scope of two ongoing antitrust investigations Facebook lawyer … Read more
The chief executives of the four US tech giants – Amazon.com, Facebook, Alphabet’s Google and Apple – whose companies are worth a combined $5.5trillion, will testify before Congress in late July as part of an ongoing antitrust probe into the companies, according to two sources familiar with the matter. Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg, … Read more