Category: antitrust

This Week in Apps: Apple antitrust issues come to Congress, subscription apps boom, Tencent takes on TikTok
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This Week in Apps: Apple antitrust issues come to Congress, subscription apps boom, Tencent takes on TikTok

Welcome back to ThisWeek in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever with a record 204 billion downloads in 2019 and $120 billion in consumer spending in 2019, according to App Annie’s recently released…

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EU Antitrust Boss Flags Facebook Crypto Libra for Monopoly Risks – CCN Markets
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EU Antitrust Boss Flags Facebook Crypto Libra for Monopoly Risks – CCN Markets

The European Union’s AntiTrust Chief is scrutinizing Facebook’s much-publicized crypto, Libra. | Source: Shutterstock EU regulators are investigating if the Facebook Libra “cryptocurrency” poses a threat to competition by being a potential monopoly. Margrethe Vestager is the outgoing antitrust chief of the European Union. She’s gravely concerned that Libra could violate antitrust laws. EU: Facebook…

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DOJ Launches Antitrust Probe into Tech Giants
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DOJ Launches Antitrust Probe into Tech Giants

The Department of Justice (DOJ) on Tuesday announced it is opening a review into whether the United States’ biggest and most powerful technology companies have stifled competition or hurt consumers. The federal agency’s antitrust division said in a statement that the sweeping inquiry will evaluate “whether and how market-leading online platforms have achieved market power…

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What to expect from tomorrow’s antitrust hearing featuring big tech
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What to expect from tomorrow’s antitrust hearing featuring big tech

Tomorrow, representatives from Facebook, Google, Amazon and Apple will testify before Congress in the second hearing organized as part of the House Judiciary Committee’s antitrust investigation into the world’s largest technology companies. While the first hearing focused on the ways technology companies busted the traditional news business, this one promises to look at the “impact…

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