European telecoms providers are set to win their decade-long fight to make Big Tech pay for network costs, thanks to sympathetic EU regulators and the bloc’s efforts to rein in U.S. tech giants, according to industry and regulatory sources, in the EU’s strongest move yet to set a global standard.
Tag Archives: Amazon
Social media companies promise to reduce harmful content in New Zealand
Global social media companies including TikTok, Twitter and Meta have signed a “world first” code of conduct that commits them to reducing the spread of harmful content in New Zealand, but some user-advocacy groups fear the code lacks any real bite.
People Now Spend More at Amazon Than at Walmart
Amazon has eclipsed Walmart to become the world’s largest retail seller outside China, according to corporate and industry data, a milestone in the shift from brick-and-mortar to online shopping that has changed how people buy everything from Teddy Grahams to teddy bears.
European Union’s top antitrust enforcer calls for greater global alignment on tech regulation
The tech industry’s top European adversary called Monday for greater cooperation among democracies as regulators race to check the power of Silicon Valley titans.
U.S. Congress Faces Renewed Pressure to ‘Modernize Our Antitrust Laws’
When the nation’s antitrust laws were created more than a century ago, they were aimed at taking on industries such as Big Oil.
U.S. House Lawmakers Are Considering 6 Bills Aimed at Big Tech
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.
Tech Giants, Fearful of Proposals to Curb Them, Blitz Washington With Lobbying
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.
U.S. Lawmakers, Taking Aim at Big Tech, Push Sweeping Overhaul of Antitrust
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 Global Tipping Point for Reining In Tech Has Arrived
Never before have so many countries, including China, moved with such vigor at the same time to limit the power of a single industry.
China fined the internet giant Alibaba a record $2.8 billion this month for anticompetitive practices, ordered an overhaul of its sister financial company and warned other technology firms to obey Beijing’s rules.
Google, Facebook and Amazon face new UK regulator
A new regulator aiming to curb the dominance of tech giants has started work in the UK.
The Digital Markets Unit (DMU) will first look to create new codes of conduct for companies such as Facebook and Google and their relationship with content providers and advertisers.