A media company that operates several West Virginia newspapers is suing Google and Facebook for threatening the extinction of local newspapers across the country by their alleged anti-competitive business practices. HD Media Company this week filed a lawsuit asking a federal court to determine whether the two Silicon Valley companies had violated anti-trust laws. The…
US Trade Reps Urge Australia Not to Rush Google, Facebook Payment Law
January 19, 2021
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U.S. trade representatives have urged Australia to scrap proposed laws that will make it the first country in the world to force tech giants to pay local media companies for news content. Assistant Trade Representatives Daniel Bahar and Karl Ehlers called on the government not to rush the laws and to work towards developing a…
Judge in Facebook Antitrust Lawsuits Sets Deadlines for Response
The judge overseeing two separate lawsuits against Facebook by the Federal Trade Commission (FTC) and a group of state attorneys general set a March deadline for the social media company to respond, according to a court filing on Wednesday. U.S. District Judge James Boasberg in the District of Columbia said that Facebook has until March…
Beijing’s Antitrust Probes an Effort to Rein in Private Sector: Analysts
Chinese tech giants Alibaba and Ant Group have recently come under the Chinese regime’s scrutiny, with finance regulators ordering an antitrust probe into the former and requesting the latter to comply with regulations. The Chinese regime also issued new “antitrust reports” on Christmas, detailing the number of investigations authorities have launched thus far, including on…
Beijing’s Antitrust Probes an Effort to Rein in Private Sector, Analysts Say
Chinese financial regulators are stepping up their scrutiny of technology companies, ordering an antitrust investigation of Alibaba and requesting Ant Group to rectify its businesses and comply with regulatory requirements. The regime also issued new “antitrust reports” on Dec. 25, detailing the number of investigations that were begun by authorities in 2019, including on foreign…
Beijing Launches Antitrust Probe Into Tech Giant Alibaba, Scrutinizes Ant Group
Two Chinese companies founded by billionaire Jack Ma have come under Chinese regulators’ scrutiny, including with the launch of an antitrust probe. On Dec. 24, China’s State Administration for Market Regulation announced on its website that it has launched an investigation into e-commerce site Alibaba over its monopoly practices, such as a policy that forces…
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