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Top DOJ official signals intensifying state and federal antitrust probe of big tech

The U.S. government is forging ahead with its review of online platforms for potential competition concerns, coordinating with state attorneys general and signaling it could soon send document demands to Silicon Valley and its critics......»»

Category: topSource: washpostAug 20th, 2019

Capitol Report: Acting FTC chair calls for ‘bold action’ to rein in tech, other monopolies

Federal and state antitrust enforcers told members of a House Judiciary subcommittee that.....»»

Category: topSource: marketwatchMar 18th, 2021

Roughly 40 state attorneys general plan to take part in Facebook antitrust probe

Participation in the New York-led antitrust investigation of Facebook reflects a broadening belief among the country’s top Democrats and Republicans that the tech giant may be undermining its social-networking rivals......»»

Category: topSource: washpostOct 7th, 2019

Tech giants face new antitrust investigation, this time from state AGs

While most antitrust probes exist at the federal level, some of the most successful antitrust tech cases have had input from state attorneys general......»»

Category: topSource: moneycentralSep 9th, 2019

Factbox: Big Tech faces growing number of federal, state probes

Several U.S. state attorneys general are set to launch antitrust probes of large technology companies such as Alphabet's Google and Facebook amid concerns that the companies have too much power and are harming users and stifling competition......»»

Category: topSource: reutersSep 9th, 2019

Big Tech companies like Facebook, Amazon to face antitrust probe by U.S. state attorneys general

A bipartisan group of state attorneys general will announce on Monday an investigation into large tech companies, like Facebook and Google, for potential violations of antitrust law, Texas Attorney General Ken Paxton's announced on Friday......»»

Category: topSource: reutersSep 6th, 2019

U.S. Justice Department teams up with states on probe of Big Tech firms

The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into major technology companies, the department's antitrust chief, Makan Delrahim, said on Tuesday......»»

Category: topSource: reutersAug 20th, 2019

Big Tech antitrust probe leads to meeting between attorney general, state counterparts

Eight state attorneys general met with U.S. Attorney General William Barr on Thursday to consider antitrust actions against big tech for “stifling competition on the internet,” according to a statement from the Texas attorney general’s office......»»

Category: topSource: marketwatchJul 25th, 2019

Facing possible antitrust probe, CEO Tim Cook insists Apple "not a monopoly"

Federal regulators along with Congress are planning an unprecedented and sweeping review​ of the world's largest tech companies.....»»

Category: topSource: moneycentralJun 4th, 2019

Mnuchin urges antitrust probe of tech after Google report

Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the American economy, the latest U.S. official to back antitrust scrutiny of the industry......»»

Category: topSource: moneycentralMay 21st, 2018

Mnuchin urges probe of tech after "60 Minutes" report

Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the American economy, the latest U.S. official to back antitrust scrutiny of the industry......»»

Category: topSource: moneycentralMay 21st, 2018

Mnuchin urges probe of tech after "60 Minutes" report

Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the American economy, the latest U.S. official to back antitrust scrutiny of the industry......»»

Category: topSource: moneycentralMay 21st, 2018

Beijing"s "Big Tech" Crackdown Continues With Anti-Trust Probe Into Food-Delivery Giant

Beijing's 'Big Tech' Crackdown Continues With Anti-Trust Probe Into Food-Delivery Giant Two weeks after China's State A.....»»

Category: blogSource: zerohedgeApr 26th, 2021

Lina Khan’s nomination hearing signals a new era of tough antitrust enforcement for the tech industry

Khan told senators in the last few years, new evidence has come to light showing there were “missed opportunities” for enforcement actions under the Obama administration......»»

Category: topSource: washpostApr 22nd, 2021

Alibaba shares jump 8% as China ends its antitrust probe on Jack Ma"s tech empire with a record $2.8 billion fine

CEO Daniel Zhang said Alibaba doesn't expect any material impact from changes made in arrangements with merchants after the imposition of the fine. Jack Ma, fou.....»»

Category: topSource: businessinsiderApr 12th, 2021

US stocks build on record highs as tech shares gain and Fed policy stays supportive

US stocks logged new record highs Thursday as technology shares march higher and the Federal Reserve signals contin.....»»

Category: topSource: businessinsiderApr 8th, 2021

The federal sex trafficking probe into Rep. Matt Gaetz is looking at trips he took to the Bahamas, CBS News says

Investigators are looking at whether women were trafficked across state and international line.....»»

Category: dealsSource: nytApr 8th, 2021

Former Missouri secretary of state gets nod to lead Biden"s General Services Administration

The official has also held other roles in Washington, D.C., plus served as a strategic adviser to St. Louis-based LaunchCode, which operates a tech education and apprenticeship program in multiple locations, including Kansas City......»»

Category: topSource: bizjournalsApr 7th, 2021

Facebook asks judge to throw out antitrust lawsuits filed by FTC and state attorneys general

Facebook argued the suits fail to provide enough evidence that the tech giant engaged in anticompetitive practices. There's a growing appetite in Congress for incre.....»»

Category: worldSource: nytMar 10th, 2021

Former S.F. official swept up in public corruption probe to plead guilty

The former director of the San Francisco Mayor's Office of Neighborhood Services agreed to plead guilty to money laundering conspiracy and to cooperate with the ongoing federal probe into City Hall corruption, the U.S. Department of Justice said .....»»

Category: topSource: bizjournalsMar 9th, 2021

Biden to nominate Big Tech critic Lina Khan to Federal Trade Commission

Lina Khan emerged as a prominent antitrust scholar after a 2017 paper exploring Amazon's power......»»

Category: topSource: washpostMar 9th, 2021