Enlarge / Maybe this textbook is from the Ma Bell era? #ThanksStockGettyImages (credit: designer491 / Getty Images) Josh Hawley had some questions about how Apple came up with the money to buy back $58 billion in stock over the past year. “I just want to focus on one major source of that income,” the Republican […]
Enlarge / Sen. Roger Wicker (R-MS) and Sen. Ted Cruz (R-TX) are shown at a 2019 hearing. Both senators harshly criticized big technology companies at the 2021 confirmation hearing for Lina Khan to serve on the Federal Trade Commission. (credit: Drew Angerer/Getty Images) When President Joe Biden chose Lina Khan for one of the Federal […]
Podcasting, fintech, and antitrust face new challenges now due to Apple’s “Spring loaded” reveals Read More
Enlarge / Fortnite seen in the App Store on an iPhone on May 10, 2018. (credit: Andrew Harrer | Bloomberg | Getty Images) With Epic Games and Apple set to face off before a judge in their high-profile trial in just a few weeks, new court filings from both companies outline the evidence and arguments […]
Enlarge / Facebook CEO Mark Zuckerberg. (credit: Chip Somodevilla/Getty Images) The Federal Trade Commission on Wednesday urged a federal judge in DC to reject Facebook’s request to dismiss the FTC’s high-stakes antitrust lawsuit. In a 56-page legal brief, the FTC reiterated its arguments that Facebook’s profits have come from years of anticompetitive conduct. “Facebook is […]
Enlarge (credit: Johner Images / Getty) A small independent bookstore filed a class-action lawsuit against Amazon last week, alleging that the e-commerce giant colluded with the five major book publishers to fix wholesale prices and block other sellers “from competing on price or product availability.” The suit seeks to compensate independent booksellers for Amazon’s and […]
Enlarge / Just two of the many apps Facebook owns and operates. (credit: Tom Weller | DeFodi Images | Getty Images) Facebook is asking a federal judge to dismiss landmark antitrust suits against the company, arguing that its “innovative free products deliver value” to consumers and that there’s no evidence it behaved anticompetitively or broke […]
Enlarge (credit: Jackie Niam | Getty Images) Last week, Arizona’s House of Representatives approved legislation to prohibit platform owners like Apple and Google from locking app makers into their own payment systems. The bill passed only narrowly, and it must be approved by the Arizona Senate and Gov. Doug Ducey before it can become law. […]
Enlarge / Lina Khan, as photographed for a 2017 profile in The Washington Post. (credit: An Rong Xu | The Washington Post | Getty Images) US President Joe Biden is reportedly planning to nominate antitrust scholar Lina Khan to the Federal Trade Commission, a move that would indicate his administration is open to aggressive antitrust […]
Enlarge / The White House South Lawn, which is unfortunately not the view most folks working for a presidential administration have. (credit: Joe Daniel Price | Getty Images) Longtime tech critic Tim Wu is joining the Biden administration as an adviser on technology and competition, a signal that the White House is likely to push […]