Here are the most important findings and recommendations from the House antitrust subcommittee's report. The tech giant is adept at winning friends …
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Tech's 2020: The Antitrust Probes Against Big Tech
Facebook, Amazon, Apple and Google's battle with the U.S. government started a new chapter in 2020. Big Tech's CEOs appeared before Congress multiple times and the House released a damning report concluding that these companies held "monopoly power." But the real litigation over how to rein in tech will likely start in 2021 as more states and federal agencies sue, alleging anticompetitive behaviors by the owners of these major platforms.
On Wednesday, four of the most powerful people on the planet testified before Congress. The CEOs of Amazon, Apple, Facebook, and Google — who together control companies worth nearly $5 trillion — called in individually via videoconference and fielded questions for nearly six hours. Some questions …
Four Big Tech CEOs spent Wednesday being grilled — virtually — by House lawmakers, creating a first-ever spectacle that was by turns revealing and, inevitably, awkward. Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Google's Sundar Pichai and Apple's Tim Cook each brought their distinct mannerisms …
The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against …
Filing is first step in a battle that could take years, and experts say it will probably move forward even if Biden wins the election After being hit Tuesday with the most significant monopoly-related charges to be filed in the US in decades, Google has a long road ahead in its quest to prove it …
When the Justice Department filed its antitrust lawsuit against Google on Tuesday, it did so without the backing of most of the state attorneys …
The European Union spent a decade pursuing Google on antitrust charges, ultimately fining the company nearly $10 billion for using illegal tactics to abuse its dominant position on the market. But two years after the bloc’s biggest rulings, very little competition has emerged, in part because the …
Last month, Apple reached a significant milestone in its nearly 45-year history: a valuation of over $2 trillion. It's the first American company to …
London (CNN Business) — The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company's business practices. Margrethe Vestager, the European Commission's top antitrust official, accused Amazon …
The European Commission announced Tuesday that it's launching two antitrust investigations into Apple's App Store rules and the Apple Pay …
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Read More About Tech's Year in Review 2020
Check out this Storyboard for more on the news and events that shaped the tech industry's year.
