Tag Archives: antitrust

Google Denies Antitrust Claims in Early Response to U.S. Lawsuit

Google said on Monday that it had not used its multibillion-dollar deals with other large tech firms to protect its position as the dominant online search engine, in the company’s first formal rebuttal to the Justice Department’s accusations that those deals violated antitrust laws.

Continue reading Google Denies Antitrust Claims in Early Response to U.S. Lawsuit

Texas leads Republican attorneys general in new antitrust lawsuit against Google, targeting its advertising empire

Ten states led by Texas Attorney General Ken Paxton (R) filed an antitrust lawsuit against Google on Wednesday, alleging the tech giant illegally sought to suppress competition and reap massive profits from targeted advertisements placed across the Web.

Continue reading Texas leads Republican attorneys general in new antitrust lawsuit against Google, targeting its advertising empire

Republicans Blast Social Media C.E.O.s While Democrats Deride Hearing

Lawmakers hammered the chief executives of Twitter, Facebook, Google and one another at a Senate hearing on Wednesday, with Republicans claiming the companies were suppressing conservative views while Democrats accused their colleagues of holding a “sham” hearing for political gain.

Continue reading Republicans Blast Social Media C.E.O.s While Democrats Deride Hearing

Forget U.S. Antitrust Laws. To Limit Tech, Some Say a New Regulator Is Needed.

For decades, America’s antitrust laws — originally designed to curb the power of 19th-century corporate giants in railroads, oil and steel — have been hailed as “the Magna Carta of free enterprise” and have proved remarkably durable and adaptable.

Continue reading Forget U.S. Antitrust Laws. To Limit Tech, Some Say a New Regulator Is Needed.

Google Has Edge in U.S. Antitrust Fight: The federal government’s lawsuit isn’t likely to derail the company’s market dominance.

The Justice Department took a big swing at Google this week, alleging in a lawsuit that it violated antitrust law by stifling competition, particularly with its search engine and lucrative advertising business.

It’s a compelling case, positioning Google as an anticompetitive behemoth that suppresses would-be rivals through exclusive deals and runs up prices for marketers through its byzantine online advertising sales process. Consumers, the Justice Department contends, are suffering from a lack of choice when they search for travel deals, local restaurants and answers to everyday questions.

To continue reading this New York Times opinion piece, go to:
https://www.nytimes.com/2020/10/21/opinion/google-justice-department-lawsuit.html

Europe and America are taking on the tech giants. Britain needs to join the fight by Will Hutton

The Guardian logo

It’s time to address monopoly capitalism and, in particular, monopoly data capitalism, which has been turbo-charged by Covid-19, forcing the world to live and work online. A Joe Biden presidency – increasingly likely – and an EU unhampered by British reluctance to do anything bold to reform or even tax a monopolistic private sector are set to make common cause. They will act in sync to attack the now bewildering monopoly power of the hi-tech giants by tackling its foundation – the simultaneous owning of pivotal digital platforms and the unbridled provision of the services on them.

Continue reading Europe and America are taking on the tech giants. Britain needs to join the fight by Will Hutton

U.S. Justice Department sues Google, alleging multiple violations of federal antitrust law

The Justice Department on Tuesday sued Google over allegations that its search and advertising empire violated federal antitrust laws, launching what is likely to be a lengthy, bruising legal fight between Washington and Silicon Valley that could have vast implications for the entire tech industry.

Continue reading U.S. Justice Department sues Google, alleging multiple violations of federal antitrust law