Five things to know about the Big Tech antitrust report
4 years, 5 months ago

Five things to know about the Big Tech antitrust report

Associated Press  

After years of calling Big Tech too big, Democratic lawmakers are calling for Congress to rein in Facebook, Google, Amazon and Apple by breaking them up, limiting future mergers and blocking self-dealing that could hurt competitors. BYE BYE, BUY BUY BUY The report attributes the “significant and durable market power” of the companies in large part to “a high volume of acquisitions.” This, it concludes, has led to fewer choices for consumers. Facebook “used its data advantage to create superior market intelligence to identify nascent competitive threats and then acquire, copy, or kill these firms,” the report states. Google, meanwhile, “maintained its monopoly over general search through a series of anticompetitive tactics” including an “an aggressive campaign to undermine vertical search providers.” The report suggests placing restrictions, potentially even a ban, on future acquisitions by the companies. ANOTHER REPORT Though the report was “bipartisan,” Republicans issued their own thoughts Tuesday in a report titled “A Third Way to Take on Big Tech.” Authored by Rep. Ken Buck of Colorado, it called for “targeted” enforcement of existing antitrust laws rather than “onerous and burdensome regulation that kills industry innovation.” It’s not hard to guess which option Big Tech would get behind if forced to choose.

History of this topic

EU accuses Apple, Google of unfairly blocking out smaller competitors amid tension over Trump moves
1 week, 2 days ago
Google urges US government to avoid breaking up firm: Report
3 weeks, 3 days ago
UK watchdog targets Apple, Google mobile ecosystems with new digital market powers
Trending News
2 months ago
EU reassessing fines against Google, Apple and other US tech firms because of Trump 2.0
2 months, 2 weeks ago
Meta CEO Mark Zuckerberg takes a dig at Apple’s App Store commission
2 months, 2 weeks ago
Smart business? Currying favor? Why big tech leaders are friending and funding Trump
2 months, 2 weeks ago
An ‘industry behemoth.’ Inside the federal government’s efforts to break up Google
2 months, 3 weeks ago
Why Some Progressives Are ‘Cautiously Optimistic’ About Trump’s Antitrust Agenda
2 months, 4 weeks ago
Apple seeks to defend Google's billion-dollar payments in search case
3 months ago
What does Big Tech hope to gain from warming up to Trump?
3 months, 1 week ago
What does Big Tech hope to gain from warming up to Donald Trump?
3 months, 1 week ago
What does Big Tech hope to gain from warming up to Trump?
3 months, 1 week ago
Google Break-Up: US Regulator Could Force Search Giant To Sell Off Chrome, Stop Android Favour
4 months, 1 week ago
Antitrust enforcers prepare final blitz against Big Tech
4 months, 1 week ago
Tech Giants Brace for AI Revamp in Trump 2.0
4 months, 3 weeks ago
Court challenges to Google's search supremacy an 'existential threat' — so how could it be split up?
4 months, 4 weeks ago
Google's AI-Fueled Profits Continue Despite Regulatory Threats
Trending News
4 months, 4 weeks ago
Judge rules the FTC can proceed with antitrust lawsuit against Amazon, tosses out few state claims
5 months, 3 weeks ago
Google begins its defense in antitrust case alleging monopoly over advertising technology
6 months, 1 week ago
Google faces antitrust lawsuit over its advertising technology
6 months, 2 weeks ago
US takes on Google in blockbuster antitrust trial to determine if tech firm holds unfair monopoly in online advertising
6 months, 2 weeks ago
Yelp versus Google: An antitrust court fight plays out in San Francisco
6 months, 4 weeks ago
US Justice dept considering to curb Google's power following antitrust ruling to address…
7 months, 2 weeks ago
Tech Tonic | It may be time to stop regulation evolving into avoidable activism
7 months, 2 weeks ago
Google's Monopoly In Search Is Coming To An End? OpenAI's Search GPT Poses A Serious Threat To The Tech Giant
7 months, 2 weeks ago
DC Edit | Google fine: Caveat for Big Tech
7 months, 3 weeks ago
Google antitrust ruling: A judge said the company is a monopoly, in a blow to the tech industry.
55 years, 2 months ago
Google has an illegal monopoly for online search, US judge rules in huge blow to tech giant
7 months, 3 weeks ago
Google Has Acted As A Monopoly, Violated Competition Illegally: US Judge Says About Company's Practices
7 months, 3 weeks ago
"Google is a monopolist": Judge sides with Biden administration, says tech giant broke antitrust law
7 months, 3 weeks ago
Google Loses Massive Antitrust Case Over Search Dominance
7 months, 3 weeks ago
Google loses major antitrust case over search, declared a monopoly by judge
7 months, 3 weeks ago
Google abused its power to maintain monopoly on search, US court rules
7 months, 3 weeks ago
Opinion: AI and privacy rules meant for Big Tech could hurt small businesses most
10 months, 1 week ago
Why Are Big Tech Companies Jittery About Digital Competition Bill? How Different It Is From The EU Law
10 months, 1 week ago
Why is Rishi shying away from a battle with Big Tech?
10 months, 3 weeks ago
Google faces second day of closing arguments in US antitrust trial
10 months, 3 weeks ago
Google and Apple now threatened by the US antitrust laws that helped build their technology empires
10 months, 4 weeks ago
European Union Investigates Tech Giants Apple, Google, Meta Under New Digital Law
1 year ago
Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets
1 year ago
Antitrust crackdown looms over Big Tech: How Apple, Google are likely staring at break-up orders in US and EU
1 year ago
Apple accused of illegal market monopoly that stifles innovation in historic US lawsuit
1 year ago
Garland Accuses Apple of Violating Federal Antitrust Law
1 year ago
Apple to face anti-trust lawsuit by Biden administration for restricting third-party hardware, software
1 year ago
Microsoft Following Monopolistic Agenda In Cloud & GenAI Development, Google Alleges: Report
1 year, 1 month ago
’Big Tech monopolies’ a key concern for govt, says Rajeev Chandrasekhar
1 year, 1 month ago
Sundar Pichai had warned Google about ‘bad optics’ of Apple search partnership: ‘Have Yahoo as a choice’
1 year, 5 months ago
Microsoft-Google Clash & Other Learnings From the First Big Tech Antitrust Trial
1 year, 5 months ago
Who Is Google Actually Hurting?
1 year, 6 months ago
FTC to file antitrust case against Amazon as soon as Tuesday
1 year, 6 months ago

Discover Related