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Tagged big tech

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big tech

To hell with the lawsuits, at full speed

john Hughes
March 10, 2022
Monopolistic Competition
Data: Axios reports; Graphic: Jared Whalen/AxiosGoogle is moving forward with a $5.4 billion acquisition as it fends off a Justice Department lawsuit accusing monopolistic practices and probes from lawmakers w...

Sen. Ed Markey: President Biden to promote ban on online ads directed at children

john Hughes
March 1, 2022
Overall FTC Limitation
President Joe Biden is expected to call on Tuesday, March 1, for a ban on online ads directed at children and other measures meant to better protect children online.That's according to the office of Sen. Ed Ma...

Facebook scammers use fake cryptocurrencies using names like Tesla, Amazon

john Hughes
February 22, 2022
Overall FTC Limitation
Earlier this month, some users browsing Facebook may have seen an unexpected post, apparently from CEO Mark Zuckerberg himself.Facebook recently rebranded itself as Meta, and the ad, which included a photo of ...

It’s time to win the war against Big Tech | Opinion

john Hughes
February 11, 2022
Monopolistic Competition
Big Tech is an enemy of the American people.The largest corporations in our in...

Google shouldn’t know where you are if you don’t want to – Greeley Tribune

john Hughes
February 4, 2022
Monopolistic Competition
Amazon, Apple, Facebook and Google. For most of us, not a day goes by without interacting with one of their products or services. In 2022, whether we like it or not, Big Tech is part of our lives. With this i...

Meta and Amazon set record for lobbying spend in 2021

john Hughes
January 21, 2022
Monopolistic Competition
KNFind /Pixabay Meta Platforms Inc Inc (NASDAQ:FB) and Amazon Inc Inc (NASDAQ:AMZN) set records in the amount of money they spent lobbying in Washington last year. The revelation comes after the same com...

Big Tech braces for a year of regulatory pressure

john Hughes
January 19, 2022
Overall FTC Limitation
What goes up must come down. And, if the truism holds, then 2022 will be a tipping point for Big Tech. The world's largest platform technology companies – Apple, Microsoft, Amazon, Alphabet and Meta Pla...

The Year of Accounts for Big Tech: How U.S. lawmakers plan to curb companies like Facebook and Google in 2022

john Hughes
December 31, 2021
Monopolistic Competition
If 2021 had a battle cry for US lawmakers to take on the world's biggest tech companies, it would be this: "The legislation is coming." This year, lawmakers have gone beyond the simple grid of companies like ...

Alibaba set to emerge from ‘dark woods’ in 2022, despite facing stiffer competition – Global Times

john Hughes
December 28, 2021
Monopolistic Competition
(December 27): Chinese e-commerce giant Alibaba had its "darkest" year in 2021, as it faced a series of uncertainties, including the strengthening of government surveillance in its country, geopolitical tensio...

Lina Khan collects her chips

john Hughes
December 7, 2021
Monopolistic Competition
The emergence of the anti-monopoly (or "New Brandeis") movement has been far too limited in mainstream media as a movement consumed by opposition to Big Tech. You see it clearly in Sheelah Kolhatkar's r...

Rohit Chopra, the watchdog that attacks Amazon, Facebook

john Hughes
December 6, 2021
Overall FTC Limitation
Rohit Chopra was previously with the Federal Trade CommissionThe Consumer Financial Protection Bureau has been a flashpoint in partisan politics and a hotbed of Wall Street anger since its inception a decade a...

Reviews | The Federal Trade Commission Has The Power To Break Big Tech

john Hughes
November 30, 2021
Monopolistic Competition
In a groundbreaking 2017 Yale Law Journal to study, "Amazon's Antitrust Paradox", lawyer Lina Khan took the measure of the online giant.“Amazon is the titan of 21st century commerce,â...

Sense. Klobuchar and Cotton introduce bill to end monopolies on online platforms

john Hughes
November 10, 2021
Monopolistic Competition
U.S. Senators Amy Klobuchar (D-MN) and Tom Cotton (R-AR) have introduced legislation designed to make it harder for dominant online platforms to make acquisitions that hurt competition and eliminate consume...

Lawmakers give Amazon ‘last chance’ to clear up testimony – press enterprise

john Hughes
October 18, 2021
Monopolistic Competition
By Matt Ott and Marcy Gordon | The Associated Press House lawmakers are threatening to call for a criminal investigation of Amazon, saying the tech giant has a "last chance" to correct previous testimony from...

3 stocks that I will “never” sell

john Hughes
October 16, 2021
Overall FTC Limitation
...

Senator Amy Klobuchar on Big Tech Antitrust Law

john Hughes
October 15, 2021
Overall FTC Limitation
When I commented at the opening of my phone call with Senator Amy Klobuchar that things were "getting interesting" in the area of ​​technology regulation, she responded as i...

Comment: Governments come for Big Tech. Here is what it could mean for your online rights | national news

john Hughes
October 14, 2021
Monopolistic Competition
Governments around the world are question...

Pushing the Boundaries of Existing Authority: Section 19 Post-AMG Capital Management

john Hughes
October 11, 2021
Overall FTC Limitation
It was an extraordinary week as the FTC continued to push the postwar frontier.AMG capital management countryside. On Friday, the Commission, keeping its promises to creatively explore all of its enforcement...

Data privacy is a major public concern. Will Congress respond with legislation?

john Hughes
October 8, 2021
Overall FTC Limitation
Eight years ago, shortly after the Obama administration adopted a privacy "bill of rights," a set of voluntary guidelines for businesses to follow, Amy Krebs, resident of the Ohio, received a distres...

Buck of Colorado leads the charge on access issues plaguing mobile app stores

john Hughes
September 25, 2021
Monopolistic Competition
Despite a recent court decision that could take a large chunk of Apple and Google's revenue from rival tech companies and app developers, Colorado Congressman ...

Cloud Computing: Global Presentation – Lexology

john Hughes
September 23, 2021
Overall FTC Limitation
This article is an excerpt from GTDT Cloud Computing 2022. Click here for the full guide. As parts of the world emerge from the pandemic and our reliance on technology has been confirmed by 18 months of mass ...

Open your platforms to academia

john Hughes
September 21, 2021
Overall FTC Limitation
The WSJ article on Instagram last week created a big hit for the reputation of ... Facebook. getty The WSJ article that appeared last week about Instagram has done a lot of dama...

The unfortunate story of Chinese FinTech companies

john Hughes
September 19, 2021
Monopolistic Competition
With the protracted crackdown on major Chinese tech companies, it's safe to say that Chinese industry has entered a new technological era, especially fintech. One of the fastest growing FinTech markets in th...

Does the epic move open the door to competition from Apple?

john Hughes
September 16, 2021
Monopolistic Competition
This illustrative image shows the Epic Games logo displayed on a laptop and an Apple logo on ... an iPhone in Arlington, Va. on April 30, 2021. - In a legal clash with potentially huge reper...

Big Tech in Hot Water – The Republic of Minnesota

john Hughes
September 16, 2021
Monopolistic Competition
There is a growing consensus of support for reigning over the power of big tech companies. Members of Congress, agencies like the Federal Trade Commission (FTC), and private companies have all tried to target...

How Big Tech Fares Against US Lawsuits and Investigations, Telecom News, ET Telecom

john Hughes
August 22, 2021
Overall FTC Limitation
Big Tech platforms Facebook Inc and Google have been hit by a spate of US federal and state antitrust lawsuits accused of exploiting monopolies and abusing their power.Below is the state of affairs, as well as...

Are non-competitions doomed to failure after Decree 14306?

john Hughes
August 6, 2021
Monopolistic Competition
On July 9, 2021, President Biden signed Executive Decree 14306. The OE made headlines warning that non-compete agreements as we know them are doomed to failure. These forecasts are premature. The EO itself...

Making Chinese IPOs a Little More Private

john Hughes
August 5, 2021
Monopolistic Competition
Author: Juan Du, University of SydneyResponses from Chinese regulators to initial public offerings (IPOs) from the country's tech companies grabbed headlines beyond financial markets. While memories of the su...

Colorado Congressman Challenges Supporting GOP Leadership Against Big Tech | Colorado Springs News

john Hughes
August 4, 2021
Monopolistic Competition
Republican Rep. Ken Buck of Colorado has gone from being a free market evange...

China is offering a masterclass on how to humiliate big tech, right?

john Hughes
July 22, 2021
Monopolistic Competition
July 24, 2021ANTITRUST USED to be as American as apple pie. The Boston Tea Party was, in part, a protest against the monopoly of the British East India Company. The word itself comes from the trusts, such as...

Google has a “steep hill to climb” with its Play Store lawsuit and must prove that “its rules are not draconian”

john Hughes
July 19, 2021
Monopolistic Competition
Source: Chris Wedel / Android Central Google is the subject of another lawsuit, this time targeting its Play Store for its anti-competitive and monopolistic nature. Some pundits say Google will have a &aci...

“Communitarization of tax policy is not envisaged” Interview for the supplement “Wohlstand für Alle – Vorteil Marktwirtschaft” of the Ludwig-Erhard-Stiftung

john Hughes
July 18, 2021
Monopolistic Competition
Interview with Jens Weidman by Dorothea Siems. The coronavirus crisis changes the balance between the state and the economy. Faced with the ...

End of streaming game merger shows increased efforts by China to hit monopolies (experts)

john Hughes
July 11, 2021
Monopolistic Competition
Photo of Huya douyu: VCG The halt of the merger between two Chinese video game streaming platforms ordered by the market regulator has shown that the Chinese authorities have strengthened regulations, in a...

Federal government considers antitrust enforcement against Big Tech – Orange County Register

john Hughes
July 5, 2021
Overall FTC Limitation
All three branches of the federal government are strengthening antitrust enforcement against big tech and social media. On the legislative front, six bills criticizing Big Tech's competitive practices have j...

White House Pushes Antitrust Enforcement Across U.S. Economy

john Hughes
July 2, 2021
Monopolistic Competition
WASHINGTON, DC: Based on a 2016 report from its Council of Economic Advisers, the White House is currently working on an antitrust executive order that will require government agencies to think about the imp...

What CCI has to do with economic opportunities

john Hughes
June 29, 2021
Monopolistic Competition
The Indian Competition Commission (ICC), by ordering an investigation into big tech giants such as Google, Amazon, WhatsApp's new privacy policy, as well as sectors such as the automotive...

Politicians Hate Big Tech, But They Didn’t Explain Why Big Tech Is Bad

john Hughes
June 28, 2021
Monopolistic Competition
The American political class is increasingly skeptical of Big Tech. Both right and left are unhappy with Alphabet (Google's parent company), Amazon and Facebook, to name a few. A House subcommittee has jus...

Two ways to stop Amazon

john Hughes
June 26, 2021
Monopolistic Competition
On the other hand, India has done no such thing. India's new e-commerce rules apply to everyone. Yes. It applies to “all e-commerce models”. Market. Inventory....

Market power eats the economy by Jan Eeckhout

john Hughes
June 25, 2021
Monopolistic Competition
While economic observers have long worried about the growing dominance of Big Tech, few have grasped the scale of the problem. Today's technologies have ceded exorbitant market powe...

Proposed Limits for Big Tech | Politics

john Hughes
June 23, 2021
Overall FTC Limitation
The panel then looked at a complex measure that would require online platforms to allow users to communicate directly with users on competing services. Supporters said it would also give consumers more powe...

Eichengreen: Is Big Tech Getting Too Big For Her Handjobs?

john Hughes
June 22, 2021
Monopolistic Competition
Big Tech is in the hot seat in the United States and China. Chinese regulators recently opened an investigation in the monopoly conduct of Alibaba Group Holding Ltd. They then threatened to penalize...

How did a 32-year-old London lawyer become one of America’s most powerful lawyers so quickly?

john Hughes
June 22, 2021
Monopolistic Competition
And what will the rise of Lina Khan mean for big tech?Lina Khan is a 32-year-old lawyer and former law scholar who rose to one of America's most powerful legal roles in a rapid span of time, leaving many obs...

Lina Khan’s appointment as FTC chair reflects the Biden administration’s aggressive stance on antitrust enforcement

john Hughes
June 18, 2021
Overall FTC Limitation
As expected, on June 15, 2021, the US Senate confirmed Lina Khan's appointment to the Federal Trade Commission (FTC). Unexpectedly, hours after her confirmation, President Joe Biden appointed her president...

US lawmakers are taking a massive blow at Big Tech. If it lands, the impact will be felt globally – channelnews

john Hughes
June 18, 2021
Monopolistic Competition
Five proposed antitrust laws in the United States aim to aggressively curb the market power of "big tech companies" and change the way they do business. All invoices, presented June 11, targets the enormous ...

As US lawmakers attack competitors, Microsoft warns state overbreadth – Telecoms.com

john Hughes
June 14, 2021
Monopolistic Competition
In the United States, there is a growing battle of wills between its tech giants and its state apparatus over who will further exploit its people. Writing in the Washington Post, Microsoft President Brad Sm...

Would Google operate as a common carrier? Doubtful experts

john Hughes
June 11, 2021
Monopolistic Competition
Law360 (June 11, 2021, 7:11 p.m. EDT) - Conservative officials are trying a new way to harness big tech, but experts across the political spectrum wonder if the Ohio Attorney General's trial to declar...

House presents five antitrust bills targeting Apple, Google, Facebook and Amazon

john Hughes
June 11, 2021
Overall FTC Limitation
House lawmakers introduced which would impose significant limits on big tech companies, including Apple, Google, Facebook and Amazon. The proposed legislation is part of a larger effort to strengthen an...

Facebook’s EU / UK Monopoly Investigation Is Latest Big Tech Battleground

john Hughes
June 5, 2021
Monopolistic Competition
Facebook CEO Mark Zuckerberg, who testified in Washington DC before the House Financial Services Committee, is no stranger to his company facing pushback from countries. ...

FTC to shake up privacy enforcement following AMG ruling

john Hughes
May 28, 2021
Overall FTC Limitation
Law360 (May 28, 2021, 6:44 p.m. EDT) - Following the recent shift of the Federal Trade Commission to Democratic leadership and the loss of a key enforcement tool thanks to the recent AMG Capital rulin...

Anti-China Trade Bill Greatly Boosts Big Tech

john Hughes
May 28, 2021
Monopolistic Competition
Thursday afternoon, The US Senate has received an 850-page amendment to a bipartisan law that has already sparked controversy for a provision that sets up a $ 10 billion bailout for a space company led by Je...

Microsoft, Google and Apple – all join forces to oppose right to repair legislation / Digital Information World

john Hughes
May 26, 2021
Overall FTC Limitation
According to Bloomberg, big tech companies like Microsoft have teamed up with Google and Apple to go against customers' right to fix the law. In this regard, companies have already defeated the current ...

Tim Cook to make his first-ever court appearance as Apple CEO in hit Fortnite lawsuit

john Hughes
May 21, 2021
Monopolistic Competition
Tim Cook has answered questions from Congress on Apple's market power. Now he's set to be grilled on it for the first time in federal court. The CEO of the iPhone maker is expected to speak Frid...

Is Apple stock a good buy or is it overvalued after hitting a market cap of $ 2 billion?

john Hughes
March 11, 2021
Banking
It took Apple 42 years to reach $ 1 billion in value, but after just two more, the big tech giant hit $ 2 billion on Wednesday when its stock climbed 1.4% to $ 468.65 in midday session. Five seasoned market ex...

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