antitrust - Page 8

CNN Calls Facebook a Monopolistic ‘Clone Factory’

In a recent article, CNN refers to tech giant Facebook as a “$770 billion clone factory,” that copies the features and ideas of other companies. CNN describes Facebook as exercising its stranglehold on social media in multiple ways, writing: “In addition to copycatting, when Facebook couldn’t beat ’em, it bought ’em.”

WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg arrives t

Travel Site CEO Sees a ‘Change in Sentiment’ on Regulating Google

The CEO of travel booking site Trivago believes that the attitudes towards the world’s biggest tech firms have changed. Axel Hefer believes world governments are warming to taking on Google’s stranglehold on the internet, stating: “There is an increasing understanding that you need to set some rules that are specific to the digital world, as you’ve done in the offline world a long time ago.”

Google-CEO-Sundar-Pichai Alex Wong:Gettyjpg

China Targets Its Tech Giants with Anti-Monopoly Rules

China’s State Administration for Market Regulation (SAMR) released the final version of its new antitrust rules on Sunday, evidently concluding a debate within the Chinese Communist Party (CCP) over how China’s high-flying technology titans should be reined in. The final draft of the rules places heavy new restrictions on firms like Alibaba, but the rules are not as stifling as they could have been.

Alibaba

Pinkerton: A Bad Romance — How Republicans Fell Out of Love with Big Tech

The Republican romance with Big Tech didn’t work out as planned. The Big Techsters, confident of kneejerk Republican support for low taxes and deregulation, were free to follow their bliss on avant-garde woke social issues. In other words, the GOP was safeguarding Big Tech, while the Techsters, taking Republicans for granted, acted like good Democrats.  

Silicon Valley Masters Of Universe

Report: Facebook Preparing Antitrust Lawsuit Against Apple

A recent report from the Information claims that tech giant Facebook plans to take on rival Apple in an antitrust lawsuit related to its iOS 14 privacy features. A lawsuit would be a dramatic escalation to the war of words between the Masters of the Universe over user privacy.

WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies

Lawsuit Claims Google, Facebook Agreed to Team Up to Fight Antitrust Action

According to a recent lawsuit filed by ten state attorneys general, tech giants Facebook and Google agreed to “cooperate and assist one another” if they faced an investigation into their deal to work together in the online advertising market. Google and Facebook have turned the online advertising business into a duopoly that Amazon has only begun to work its way into. Internal documents included in a draft of the lawsuit use terms from the Star Wars films to describe the deal struck between the Masters of the Universe, including the term “Jedi Blue.”

WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies

Massive Flow of Google Cash Makes Rivals Hesitant to Support Antitrust Action

While rivals have warned of Google’s privacy problems and market dominance through monopoly power, many are reportedly hesitant to pursue antitrust measures due to their reliance on the tech giant’s money. In the case of Mozilla, which makes the Firefox browser to rival Google’s Chrome, the vast majority of its revenue comes from an agreement to make Google the browser’s default search option.

Sundar Pichai, senior vice president of Chrome, speaks at Google's annual developer confer

NYT: Google and Apple Formed Agreement to Control the Internet

A recent report from the New York Times states that the Justice Department is targeting a secretive partnership between Apple and Google worth billions of dollars as part of its landmark antitrust case. The deal, which cemented Google’s control of internet search, is described as “one of the most lucrative business deals in history” by the Times.

Google bucks soaring smartphone prices with new Pixel