antitrust
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Amazon’s Reportedly Fielding Probes From California, Washington State Over Trade Practices
Officials in California and Washington State are investigating Amazon’s business practices with a focus on whether the tech giant abuses its power over third-party sellers on its online marketplace, according to reports from the New York Times and the Wall Street Journal.
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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 $US400 ($619) million, even as it stares down an increasingly hostile reception in official DC and antitrust probes by U.S. feds and the states.
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France Hits Apple With A Record-Setting $1.2 Billion Fine
France’s antitrust watchdog is not an Apple fan. Today, it fined the Cupertino giant 1.1 billion euros ($2 billion), along with two wholesale partners, for violations regarding its efforts to restrict the wholesale market and abusing the economic dependence of resellers.
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U.S. Federal Trade Commission Digging Into Big Tech’s Past For Possible Anticompetitive Mergers And Acquisitions
Adding to the already-considerable interest in antitrust enforcement against major U.S. tech companies, the U.S. Federal Trade Commission announced a Special Order on Wednesday demanding information from Apple, Alphabet/Google, Amazon, Microsoft and Facebook about their mergers and acquisitions over a ten year period.