WASHINGTON – Merchant groups are forming a national coalition to campaign for stricter antitrust laws, including measures that could force Amazon.com Inc. to spin off some of its business lines. The effort …
Read More »Biden’s White House Ties to Big Tech Detailed in New Disclosures
WASHINGTON – Several members of President Biden’s White House staff have ties to companies with significant interests in the administration’s positions on cybersecurity, antitrust and other policy areas, new federal disclosures show. …
Read More »Justice Department Investigates Visa Debit Card Practices
The Justice Department is investigating whether Visa Inc. V -5.08% is engaging in anti-competitive practices in the debit card market, according to people familiar with the matter. The department’s antitrust division has …
Read More »Apple wins legal victory in France over app privacy changes
France’s competition regulator rejected a request from advertising companies and publishers to block Apple Inc.’s AAPL -1.70% plan to restrict tracking of people’s mobile app usage. In a potential blow to smaller …
Read More »China’s regulators punished the tech giants. What could come next?
Text size Chinese digital payments company Alipay in Shanghai. Regulators have cracked down on Internet companies with antitrust measures. Héctor Retamal / AFP via Getty Images Chinese stocks fell on Friday when …
Read More »China sets plans to tame tech giant Alibaba
Under founder Jack Ma, Alibaba Group Holding Ltd. had local regulators and officials in its corner as it became a Chinese version of Amazon.com Inc.Chinese President Xi Jinping’s recent crackdown on the …
Read More »Facebook seeks to dismiss antitrust lawsuits, saying it hasn’t hurt consumers
WASHINGTON— Facebook Inc. full board 0.09% on Wednesday he asked a federal judge to dismiss antitrust lawsuits from the Federal Trade Commission and state attorneys general, arguing that government agents have no …
Read More »Facebook meets Apple in Clash of the Tech Titans: ‘We need to inflict pain’
Facebook Inc. CEO Mark Zuckerberg has complained for years that Apple Inc. and its leader, Tim Cook, have too much influence over the social media giant’s business. In 2018, his anger boiled …
Read More »Asian markets mostly contain stock, but stock in China falls after Alibaba protests
Asian shares remained mostly high on Thursday, following a mixed set of reports on Wall Street’s economy of small stocks. Benchmarks grew in Tokyo, Hong Kong and Sydney. Stocks in Shanghai fell, …
Read More »Former Google CEO Fires Back in Justice Department’s Antitrust Suite
Former Google CEO Eric Schmidt offered a full-fledged defense of the search company, misleading the government’s day-to-day suite, influenced by politics and distracted by more serious issues facing the technology industry and …
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