Page 2 - House Antitrust News Today

House lawmakers proposed a raft of bipartisan legislation aimed at reining in the country's biggest tech companies, including a bill that seeks to make Amazon.com Inc. and other large corporations effectively split in two or shed their private-label products.

Members of the House of Representatives introduced five bipartisan anti-Big Tech bills Friday intended to rein in monopolistic behavior by tech giants like Amazon and Google, including measures to split up parts of their businesses and make user data more portable.

May 25, 2021 With the MGM deal, Amazon is continuing its efforts to build a presence in the entertainment sphere. SHOW TRANSCRIPT Amazon is in talks to buy MGM Studios — the company behind titles like "The Wizard of Oz," the James Bond franchise, "The Hobbit" and "Legally Blonde" — for $9 billion.  The deal, if approved, would be one of Amazons largest acquisitions since its $13.7B purchase of Whole Foods in 2017. In March, Amazon also spent $10 billion on an 11-year deal to get the exclus...

  Founder and CTO of Basecamp and Hey, David Heinemeier Hansson recounts their battle with Apple and the policy changes needed in the App Store. In June 2020 Basecamp launched Hey, a new email service and app on iPhone and Android. After the app was already approved in Apples App Store, a minor update triggered the Hey app to be rejected due to a lack of in-app purchase options. Despite many apps following the same business model, such as Netflix and Fastmail, a drawn-out battle ensued between...

Founder and CTO of Basecamp and Hey, David Heinemeier Hansson recounts their battle with Apple and the policy changes needed in the App Store. In June 2020 Basecamp launched Hey, a new email service and app on iPhone and Android. After the app was already approved in Apples App Store, a minor update triggered the Hey app to be rejected due to a lack of in-app purchase options. Despite many apps following the same business model, such as Netflix and Fastmail, a drawn-out batt...

PHOTO: Tobias Adam on Unsplash Last September, the CEOs of four of the biggest tech companies in the U.S. faced the House Antitrust Subcommittee. At that meeting, the CEOs of Alphabet, Amazon, Apple and Facebook (the only one missing was Microsofts Satya Nadella) were grilled on a wide range of subjects under the broad umbrella of an anti-trust probe. Then in October, the CEOs of Facebook, Google and Twitter all faced lawmakers again, this time to defend the legal liability shield that underp...

31 January 2021, 5:54 am EST By   ( Pexels/Pixabay ) On July 2020, Facebook CEO Mark Zuckerberg and the heads of Amazon, Google and Apple were all fired with heated questions from members of the House Antitrust Subcommittee. This incident has sparked questions about online privacy. Now Mark Zuckerbergs greatest enemy in this sector is not from the government, but fro...

look is the oil that fuels the digital economy. Zuckerberg is certainly right about one thing: Apple is using its dominant position in the mobile phone market to unilaterally impose a major change to how user data is tracked and shared online. Establishing an “opt in” regime, in which privacy is the default and users have to give affirmative consent to share their data, has long been a dream of privacy activists. Few people are willing to take the trouble of opting out of every individual s...

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Amazon executives this year considered launching a new service that would compete with Shopify. Amazon CEO Jeff Bezos was directly involved in the talks, as Amazon executives have grown "defensive" about Shopifys massive growth in recent years, a person familiar with the matter said. The company previously shut down a similar service called Amazon Webstore in ...

Zuckerbergs Deal Making for Facebook Is Central to Antitrust Cases 12/10/2020 | 05:45am EDT Send by mail : Message : By Jeff Horwitz The Federal Trade Commissions lawsuit against Facebook Inc. puts the regulatory spotlight on the deal-making history of Chief Executive Officer Mark Zuckerberg, who has personally engineered the tech giants biggest acquisitions. The FTC and a group of 46 states in separate antitrust lawsuits on Wednesday alleged that Facebook engaged in a yearslong cam...