The Federal Trade Commission will not appeal the court ruling rejecting its attempt to block the acquisition of VR fitness company Within by Facebook and parent company Meta. The regulator’s decision marks a major win for Meta and draws renewed scrutiny on the agency’s capacity to successfully...
unitedstatesantitrustlaw
Auto Added by WPeMatico
Read...
In 1982, the Department of Justice wrapped up a 13-year antitrust case against IBM. The DOJ lost, but so did IBM. The tech landscape changed, and IBM was distracted and had to move slowly under the increased scrutiny. Microsoft and Apple swooped in and knocked IBM off its perch. 20 years later,...
Mack DeGeurin covers breaking news for Gizmodo with an emphasis on politics and tech policy. For this year ahead, Mack spoke to seven experts spanning the political and policy milieu and pressed them to predict some of the top trends likely to occur in 2023. You can follow Mack’s coverage here...
After years of squirming, Amazon agreed to implement a raft of major business practice concessions to the European Commission to avoid paying a looming multi-billion dollar antitrust fine. Though Amazon will walk away from the skirmish without having to drain its wallet, the concessions could fan...
The FTC’s Effort to Block Microsoft’s Activision Acquisition Will Test Biden’s Antitrust Legacy
|
It’s official. After months of rumors, the Federal Trade Commission this week voted 3-1 in favor of suing to block Microsoft’s estimated $69 billion acquisition of video game giant Activision Blizzard. Read...
Exclusive: Big Tech Spent Over $30 Billion Acquiring Companies While Regulators Tried to Reel Them In
|
Big tech companies have spared no expense gobbling up competitors in recent years even as lawmakers hammer out historic antitrust legislation intended to curb their most anti-competitive impulses. Read...
Amazon Stifles Competitors and Makes Lots of Stuff More Expensive, California Attorney General Alleges
|
California is suing Amazon, the state’s attorney general announced Wednesday in a press release. The focus of the lawsuit, filed in the state’s Superior Court in San Francisco County, is on how Amazon allegedly crushes competition and inflates prices through restrictive agreements with its...