U.S. Attorney General William Barr and Representative David Cicilline are far from ideological soulmates. But in a one-two punch, they’re about to take on the country’s biggest technology platforms and could drive the most significant changes to antitrust law enforcement in decades. Barr, one of President Donald Trump’s most loyal […]
Antitrust
Yelp Jeremy Stoppelman Jeremy Stoppelman is not afraid of awkward silences. Sitting on his bed in San Francisco, he admits he has sucked the life out of parties on several occasions by bringing up regulation whenever he can. “I am like an antitrust pitbull,” he says. “People often end up […]
Consumer Reports has no financial relationship with advertisers on this site. When the CEOs of the nation’s four biggest tech firms appear before lawmakers on Wednesday to defend their business practices, the fallout is likely to stretch well beyond Silicon Valley. In fact, it may affect your digital future. Amazon’s […]
KEN SWEET, AP Business Writer Jan. 12, 2021Updated: Jan. 12, 2021 5:59 p.m. FILE- In this April 23, 2018, file photo, the logo for Visa appears above a trading post on the floor of the New York Stock Exchange. Visa Inc. on Tuesday, Jan. 12, 2021 called off its planned $5.3 billion […]
The prosecutors in the Federal Trade Commission’s complaint called on the court to consider a breakup of Facebook’s empire by forcing it to divest from its acquisitions Instagram and WhatsApp. It also wants significant limitations on Facebook’s ability to buy up other smaller companies in the future. (My colleague Tony […]
COVID-19 has wreaked havoc on economies around the world and has upended many industries, including airlines, travel, and restaurants. In-store retail shopping has suffered as well, as social distancing became the norm months ago and people spent more time at home. But the economic effects of the pandemic also caused […]