While the Tech Giants have benefited from the “light-touch” regulatory approach taken in the United States, European regulators are increasingly flexing their muscles in the area of taxation, antitrust, content moderation and privacy. This is even before any potential retaliatory action taken in response to President Trump’s proposed tariffs on steel and threat of a…
How to Tame the Tech Giants with Open Market Institute’s Kevin Carty LISTEN / DOWNLOAD Amazon, Apple, Facebook and Google have all come under scrutiny for anticompetitive behavior and market domination, with increasing calls that it may be necessary to break up one or all of these entities (see image below). This debate was fueled…
EU Announces Antitrust Charges Against Google European Competition Commissioner Margrethe Vestager (Denmark) announced it has served Google with a formal complaint (called a Statement of Objections) alleging that it unfairly prioritized its own Google Shopping search results over comparison shopping sites. if the charges are proven, Google could face up to $6.4 billion in fines. At…
In March Facebook was hit with an antitrust lawsuit by PageRage which helps users customize their Facebook page. PageRage claims that Facebook not only demanded that users remove PageRage skins from their profile pages but also organized an advertiser boycott. On November 29th, the complaint was dismissed with the judge stressing: There is no fundamental right…
The news that the FTC would conduct an antitrust review of the $1 billion Facebook-Instagram acquisition puts Facebook in the spotlight as they join Microsoft, Google and Intel as tech giants who have been subject of intense antitrust scrutiny. Our Guest: David Balto David Balto has practiced antitrust law for over 20 years in the…
Google Facing $10M Plus Fine From FTC for Safari Privacy Breach Bloomberg is reporting that Google is negotiating with the FTC over the amount of the fine to be imposed for its circumvention of the Safari browser’s privacy settings. As Google is already subject to a consent decree that calls for fines of $16,000 per…
Cyber Report 