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Business Groups Push Back Against Sweeping EO Aimed At Curbing Corporate Power
White House
Business Groups Push Back Against Sweeping EO Aimed At Curbing Corporate Power
2021-07-10 15:48:16
by Dan McCue

WASHINGTON - Business groups are pushing back this weekend against a sweeping executive order signed by President Joe Biden on Friday intended to curb anti-competitive practice in tech, telecom and other business sectors. Executive Order 14036, also known by its... Read More

Big Tech Industry Group Criticizes Hong Kong’s Vague Data Rules
Technology
Big Tech Industry Group Criticizes Hong Kong’s Vague Data Rules
2021-07-06 15:23:12
by Dan McCue

An industry group representing Google, Facebook and other Internet companies warned Hong Kong’s government that changes to the city’s data-protection laws could dramatically curb the companies’ ability to provide services to it. The problem, the letter says, is vaguely worded... Read More

Former Trump Advisor to Launch Social Media Platform July 4
Social Media
Former Trump Advisor to Launch Social Media Platform July 4
2021-07-02 15:16:06
by TWN Staff

WASHINGTON - Former top Trump advisor Jason Miller will launch GETTR, a new social media platform, on July 4, a launch date chosen to “symbolically declare independence from Big Tech,” according to a release from the company. “There is a... Read More

From Biden to Congress, Big Tech is Under Mounting Pressure
Antitrust
From Biden to Congress, Big Tech is Under Mounting Pressure

WASHINGTON (AP) — Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of... Read More

Big Tech Faces Calls For Revenue Sharing
Media
Big Tech Faces Calls For Revenue Sharing
2021-06-18 14:56:15
by Daniel Mollenkamp

In the latest call for regulators to limit the power of big tech companies, a group of Canadian news media publications has asked Prime Minister Justin Trudeau to force revenue sharing negotiations among tech behemoths Google and Facebook and Canadian... Read More

Biden Administration's Antitrust: Traditional or Transformational?
Economy
Biden Administration's Antitrust: Traditional or Transformational?
2021-03-16 21:44:23
by Victoria Turner

The Biden administration has talked a big game on beefing up enforcement in market competition and it will undoubtedly bring more competition cases to court, said Bill Kovacic, a former regulator at the Federal Trade Commission.  The new leadership, however,... Read More

Agencies Need More Resources to Face Big Tech
Technology
Agencies Need More Resources to Face Big Tech
2021-03-11 21:23:38
by Victoria Turner

If the U.S. government does not provide more funding for federal antitrust agencies to contend with Big Tech giants like Facebook and Google, it risks the future U.S. economy and the “way of life it supports,” said Sen. Amy Klobuchar,... Read More

Mandates Needed to Keep Big Tech in Check
Antitrust
Mandates Needed to Keep Big Tech in Check
2021-02-26 15:02:10
by Victoria Turner

Congress needs to create mandates to curb the abusive power exerted by a handful of online platforms, according to all six witnesses at a Capitol Hill hearing on Thursday. During the hearing, members of a House Judiciary subcommittee grappled with... Read More

Antitrust Reforms Could Kill Competition
Antitrust
Antitrust Reforms Could Kill Competition
2021-02-23 22:07:55
by Victoria Turner

Four panelists warned today that proposed legislative reforms for more aggressive antitrust enforcement in Big Tech would likely spill over across all industries, hindering innovation and harming consumers. Strengthening the antitrust laws - federal and state statutes that restrict the... Read More

Democrats Call for Congress to Rein In, Break Up Big Tech
Technology
Democrats Call for Congress to Rein In, Break Up Big Tech

WASHINGTON (AP) — Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to break up their businesses, while making it harder for them to acquire others and imposing new rules to... Read More

Big Tech Chief Executives Defend Against Antitrust Accusations in Congress
Congress
Big Tech Chief Executives Defend Against Antitrust Accusations in Congress
2020-07-30 14:03:19
by Tom Ramstack

WASHINGTON -- The chief executives of the biggest computer and Internet companies faced tough questioning in Congress Wednesday on whether they have too much control over the U.S. market. Some lawmakers want to break up their dominance under federal antitrust... Read More

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