antitrust

Legal Beat

US govt, states sue Facebook for ‘predatory’ conduct

The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services. The landmark antitrust lawsuits, announced by the Federal Trade Commission and New

Technology

Tech Titans Grilled at Congressional Antitrust Hearing

Members of a House subcommittee downloaded their frustrations on the CEOs of America’s Big Four tech giants during a heated hearing, accusing them of unfairly stifling competition. However, experts disagree on whether the hearing was a “political show” without any significant impact, or if the scrutiny could steer Congress to recommend regulatory changes. Jeff Bezos

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