Archive | antitrust

Watch Tech’s Most Powerful CEOs Take Part in an Antitrust Hearing Tomorrow

Four of the most powerful tech industry CEOs will testify before the House Judiciary Committee on Wednesday, July 29 to determine whether their companies engaged in anti-competitive business strategies against smaller, rival companies. The hearing will be streamed live via YouTube for anyone to watch.Read more… Continue Reading at https://lifehacker.com

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The Dumbest Antitrust Probe In Car History Was Even Dumber Than We Thought

Last September, we got word that the Department of Justice had begun an investigation into Ford, Honda, Volkswagen, and BMW after the four said they had reached agreements with California over emissions regulations. Surely that all didn’t start because of tweets from President Trump, right? Oh wait, I’m being told…Read more… Continue Reading at https://jalopnik.com

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Virus Recovery Will Likely Lead To More Traffic Than Before: Data

Traffic may rise higher than pre-virus levels for awhile during recovery, GM has a diversity board now, and congress will re-litigate the Department of Justice’s automaker emissions antitrust probe this week. All that and more in The Morning Shift for Tuesday, June 23, 2020. Read more… Continue Reading at https://jalopnik.com

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Facebook Shovels Giphy Into Its Salivating Maw

It grows: Facebook has acquired the wildly popular gif-sharing service Giphy in a deal reportedly worth at least $400 million, even as it stares down an increasingly hostile reception in official DC and antitrust probes by feds and the states.Read more… Continue Reading at https://kotaku.com

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Broadcom’s Tech Is in Nearly All Your Gadgets—Here’s Why That Suddenly Matters

Broadcom might not be a name you’re immediately familiar with, but some of its technology is almost certainly inside at least one of the gadgets in your home. As it faces big antitrust actions in both the US and Europe, here’s what you need to know about Broadcom, and it how it affects the hardware […]

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Conflicts for Trump Officials Show That the Amazon-Whole Foods Merger Should Go Smoothly

“Goldman Sachs owns him, he will do anything they demand,” Donald Trump tweeted last year. He was referring to his opponent Ted Cruz. But now he’s president and he has assembled the richest Cabinet in history. That fact bodes very well for Amazon CEO Jeff Bezos and his plans to take over the world.Read more… […]

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Comcast and Charter Just Showed Everyone How to Do Antitrust Violations Right

FCC Chairman Ajit Pai has said that he wants to kill net neutrality because he believes it will somehow create more competition, which would be good for consumers. Let’s take a look at how the two biggest cable companies in America handle competition.Read more… Continue Reading at http://gizmodo.com

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