anti-trust

China Launches Antitrust Probe of Tech Giant Alibaba

China’s State Administration for Market Regulation (SAMR), its top market regulation agency, announced the launch of an antitrust probe into tech giant Alibaba on Thursday. Outside observers saw the investigation as another element of the Communist elite nervously attempting to curtail the power of China’s richest man, Alibaba owner Jack Ma. 

This file photo taken on August 28, 2020 shows an employee working on a computer at the Alipay reception of the Shanghai office building of Ant Group in Shanghai. - China's Ant Group must postpone its record-breaking IPO, the Shanghai Stock Exchange said on November 3, as the fintech giant …

Jim Jordan Demands Twitter Disclose ‘Extremely Alarming’ Censorship Practices

House Judiciary Committee Ranking Member Jim Jordan demanded Twitter CEO Jack Dorsey disclose documents and information relating to the social media giants’ censorship practices, the decision to fact-check President Donald Trump, and flagging the president’s tweets as abusive behavior, according to a document obtained by Breitbart News.

Jim Jordan, Jack Dorsey Getty Images:Kevin Dietsch, Drew Angerer

Lawyers That Won NCAA Anti-Trust Case May Receive $50 Million Fee

U.S. Judge Nathanael Cousins, at a San Jose hearing on Wednesday, called the ground-breaking case against the National Collegiate Athletic Association (NCAA) an “adventurous and risky lawsuit.” The judge signaled he is likely to award the $50 million requested by plaintiffs’ lawyer Hausfeld LLP, who won what Cousins called “the most significant antitrust case of the era.”

AP Photo

European Union Accuses Google Of Anti-Competitive Practices

The European Union has been involved in what seems like a permanent investigation of Google for abusing its search-engine dominance. There is a certain through-the-looking-glass quality to Reuters’ report on the latest developments, as Google is punished with anti-competitive regulations for allegedly engaging in anti-competitive practices.

AP Photo/Jens Meyer, File

FTC Leak Suggests Google Searches are Biased, Discriminatory

In what is sure to lead to a customer scandal and heighten a U.S. Antitrust Probe, Federal Trade Commission (FTC) staffers determined in an undisclosed report that Google, Inc. allegedly used an algorithm to manipulate search results to favor their own less relevant search over competitors. The alleged Google fraudulent practice only became public when FTC staffers inadvertently shared the document with the Wall Street Journal.

AP Photo/Jens Meyer, File