When the nation’s antitrust laws were created more than a century ago, they were aimed at taking on industries such as Big Oil.
In a stunning setback to regulators’ efforts to break up Facebook, a federal judge on Monday threw out antitrust lawsuits brought against the company by the Federal Trade Commission and more than 40 states.
U.S. House lawmakers on Wednesday began the process of considering a legislative package that would overhaul the nation’s antitrust laws in an attempt to rein in the power of Amazon, Apple, Facebook and Google.
Executives, lobbyists, and more than a dozen groups paid by Big Tech have tried to head off bipartisan support for six bills meant to undo the dominance of Amazon, Apple, Facebook and Google.
The European Union has launched an investigation to determine whether Google exerts too much control over the sprawling online marketing industry, in which advertisers can surveil, target and influence consumers through nearly any tech platform in which they engage.
When people like the German Chancellor Angela Merkel or the King of Belgium want to learn more about cybersecurity, they go to Estonia.
House lawmakers on Friday introduced sweeping antitrust legislation aimed at restraining the power of Big Tech and staving off corporate consolidation across the economy, in what would be the most ambitious update to monopoly laws in decades.
A founding father of the Internet, Vint Cerf, attributes its astonishing economic success in no small part to “permissionless innovation,” the freedom of Internet developers to try new business models and offer new services without obtaining prior government approval. The clear signal government sends by not overregulating the market is a reason the Internet today is a staple in our lives. Any calls for Internet regulation should be met with a healthy dose of skepticism, and before acting, the government should ensure that proposed Internet regulation is going to provide more consumer benefit than harm.
The Biden administration is sounding increasingly urgent alarms about high-profile ransomware attacks that have caused widespread gas shortages, shut meat processing plants and paralyzed hospitals, as officials step up efforts to counter cyberthreats.
The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters.