Google Is Staring Down Its First Serious Threats in Years
The article highlights Alphabet's financial success and potential risks to Google's dominance, including antitrust challenges and fierce competition. [ more ]
Google fights $17 billion UK lawsuit over adtech practices By Reuters
Google parent Alphabet is facing a lawsuit accusing it of abusing dominance in the online advertising market, seeking damages of up to $16.9 billion in the UK. [ more ]
Why Spotify is still fighting with Apple in Europe
Spotify's legal battle with Apple in the EU over App Store restrictions has intensified, leading to changes in the music streaming service's interface and pricing information. [ more ]
Finance Docket: FTC Chair Appears On The Daily Show With Jon Stewart, Slams Tech Monopolies
Stewart's comeback sparks nostalgic sentiments among viewers. His interview with FTC Chair Khan delves into big tech, antitrust, and AI impact on jobs. [ more ]
Department of Justice and 30 states file anti-monopoly lawsuit against Ticketmaster and Live Nation Entertainment
A federal lawsuit filed against Live Nation and Ticketmaster alleges anticompetitive conduct in monopolizing live event ticket prices, potentially reshaping the industry. [ more ]
ByteDance Owns China's Most Popular AI Chatbot; Canada's Security Agency Advises Against TikTok Use; Microsoft Dodges UK Antitrust Scrutiny While Facing Potential EU Fine - ExchangeWire.com
ByteDance leads in chatbot market in China; Canada warns against TikTok; Microsoft faces EU scrutiny. [ more ]
Microsoft to face antitrust charges in Europe over Teams software dominance: report
European regulators are planning to file formal antitrust charges against Microsoft over alleged anticompetitive practices related to their Teams software. [ more ]
Microsoft Is Undermining Activision's Independence With Latest Layoffs, FTC Says
The US Federal Trade Commission (FTC) has criticized Microsoft's layoff plan of 1,900 employees within its Xbox division, including Activision Blizzard employees, stating that it contradicts how Microsoft represented itself in the buyout proceedings.
The FTC is seeking to temporarily pause the Microsoft-Activision Blizzard buyout until it can review the deal on antitrust grounds. [ more ]
Firms prioritize price-insensitive work, antitrust sees surge with Sherman Act enforcement, Columbia boycott debated, ABA open to bar exam alternatives. [ more ]
Digital Video Ad Spend to Grow 16% in 2024; UK Watchdog to Investigate Amazon and Microsoft's AI Relationships; Meta's Ad Tracking Under EU Scrutiny - ExchangeWire.com
Digital video ad spend to grow 16% in 2024, with social video and CTV seeing significant growth. UK watchdog investigates tech giants' AI relationships, EU scrutinizes Meta's ad tracking. [ more ]
FTC now investigating Big Tech's partnerships with AI startups like OpenAI
The U.S. Federal Trade Commission (FTC) is launching a market inquiry into the ties between major cloud service providers and AI developers.
The FTC has issued compulsory orders to Amazon, Google, Microsoft, Anthropic, and OpenAI to provide information about their investments and partnerships. [ more ]