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Facebook and Instagram icons are seen displayed on an iPhone. Jakub Porzycki | Nurphoto | Getty Images The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws. The European Commission, which is the executive body of the EU, said it was fining Apple … Read more
Welcome back to Week in Review! We’ve got tons of stuff for you this week: antitrust lawsuits against Google and Meta; Grok can now remember; Bolt CEO Ryan Breslow wants to make his mark; and much, much more. Have a great weekend! It’s over: Google violated antitrust laws in the ad tech market, a judge … Read more
Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images Google’s antitrust woes are continuing to mount, just as the company tries to brace for a future dominated by artificial intelligence. On Thursday, a federal judge ruled … Read more
Mark Zuckerberg said that ByteDance Ltd.’s TikTok posed a “highly urgent” competitive threat to Meta Platforms Inc. when it first sprang up in 2018, as he testified for a third day in the Federal Trade Commission’s antitrust trial. “We observed that our growth slowed down dramatically,” as TikTok gained popularity, the Meta chief executive officer … Read more
The investigation focuses on whether companies including Cal-Maine Foods and Rose Acre Farms have colluded to boost prices or limit supply. Read More
Europe’s top court has weighed in to clarify the rules around interoperability requirements on Big Tech in a referral on a case related to Google’s Android Auto platform. Back in 2021, the tech giant was hit with an €100 million antitrust fine by Italy’s competition authority for refusing to let a third-party electric car charging … Read more
A coalition of organizations and individuals have signed an open letter expressing concern at the U.K. government’s decision to appoint a former Amazon executive as chair of the Competition and Markets Authority (CMA). The group, which includes U.S. tech outfits such as Yelp, DuckDuckGo, and Mozilla, say that the CMA must be “free from political … Read more
Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be in addition to the set of tariffs against the U.S. that China announced on Monday. Per … Read more
Among other measures, China will impose a 15% tariff on imports of U.S. coal and liquefied natural gas. Read More
China said Tuesday it has launched an antitrust investigation into Google, part of a swift retaliation after the U.S. President Donald Trump imposed a 10% tariff on Chinese goods. The probe by China’s State Administration for Market Regulation will examine alleged monopolistic practices by the U.S. tech giant, which has had its search and internet … Read more
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