Page 3 - Antitrust Violation News Today

My friends and one half in the other, if you came back a year later there just would be one facebook because its something of a natural move. >> i think theres things you can do for example getting the data out that would force competitors to step up. >> i think its terrifying this year mana power that facebook and twitter and google have. nearly half of americans get their news from facebook. their ability to control the content that americans see or dont see is pretty terrifying and congress i...

Victim to it. rob: if i give my bank account number he will give me 50 grand, i am so excited. i will just get 50 grand, i cant wait. there are more problems with google. >> $5 billion, 4.3 billion fine against google from the eu. european union regulators are saying it wasnt cool that google went in with their android devices that are 77% of all cell phones, they have the platform except for the ones we know look after them. their ios inside of that. they said makers and manufacturers, if you w...

Secondly, their automation through alexa is the leading home automation device. so if that is a closed system and only way to getting access is through search and home automation, i see this might become critically important along the lines of what weve seen in a lot of antitrust cases. microsoft was a great -- got into trouble over tying internet explorer with their windows products. >> i dont see the clock getting turned back. i lack your credentials in this regard, but i think we are all now ...

Accustomed and so enjoy using our devices to that -- to make the purchases, i dont see an antitrust violation they can hang their hat on but it will be replaced by another purchasing capability. >> well, they should collect sales tax and contribute to our local economies and our -- in a proper way. you know, as far as i see it, they have won primarily by being a fantastic competitor and asking the customer what she wants. >> i appreciate you being here. >> thank you. let us see what youre sayi...

Fantastic for consumers. we need to build out the networks and every independent wall street analyst said the title 2, possible rate regulation and 1,000 or so requirements of title 2 created tremendous uncertainty. the commission is not putting consumers at risk and certainly not entrepreneurs at risk. >> and rob, thats just not true. >> it is totally true. >> today if facebook wants to say theyll spend $1 billion to subsidize your internet plan so you pay less for your monthly fee. facebook ge...

When you look at the man that leads the department of justice antitrust division, he was asked last fall about whether this seems problematic, this merger, and heres how he put it then. >> it shouldnt be. just the shear size of it and the fact that its media i think will get a lot of attention, however, i dont see this as a major antitrust problem. >> i dont see this as a major antitrust problem. a vertical merger like this has not been challenged by the department of justice in decades. what ch...

>> thank you, chairman. thank you for being here. i appreciate it. im going to ask you questions because i am the chairman of the re regulatory subcommittee on judiciary. this is now surfacing more so than it ever has in the past. justice departments role is very critical in antitrust issues to determine whether there is an antitrust violation. i understand that the justice departments position on the at&t merger will require divestment of some assets. behavioral conditions have been used in ver...

Chairman of the regulatory form and antitrust subcommittee on judiciary. and antitrust is an issue that is now surfacing more so than it ever has in the past and justice departments role is very drill in antitrust issues to determine whether there is an antitrust violation. i understand that the justice departments position on the ta at&t merger will require divestment of some assets. behavioral conditions have been used in verdict call mergers in vertical mergers a policy

An antitrust violation. >> right. >> so it does sort of scratch your head, make us scratch our head why the administration, the trump administration so suddenly apparently is picking on cnn and turner broadcasting -- only about four years this vertical integration merger has not been blocked. >> strangely, in the past, the department of justice has banned the merger of office depot and staples, for instance. they felt that was exactly the same company. too much concentration. not sure they were ...

These are real people that youre asking to give you the highest office in the land. i think this phony lets get a group of carefully selected people to ask pre-selected questions, that ought to be rejected out of hand. i think the best thing, media should say we wont cover any candidate who is so pretentious as to think they can script their campaign like its a hollywood sitcom. >> antitrust violation if we got together and decided that. its not just liberal media narrative about you. they say t...