Business

US lawmakers call for shake-up of Big Tech 'monopolies'

A House of Representatives panel in a report Tuesday accused four Big Tech firms of acting as "monopolies," calling for sweeping changes to antitrust laws and enforcement that could potentially lead to breakups of the giant ...

Business

Facebook filings seek dismissal of antitrust lawsuits

Facebook said Wednesday it filed motions seeking dismissal of US federal and state antitrust lawsuits, claiming there is no credible case to be made that it has harmed competition or excluded rivals in social networking.

Business

EU accuses Apple of antitrust breach over App Store rules

European Union regulators accused Apple on Friday of violating the bloc's antitrust laws, alleging the iPhone maker distorts competition for music streaming by imposing unfair rules for rival services in its App Store.

Business

Big Tech faces a new set of foes: nearly all 50 US states

Big tech companies have long rebuffed attempts by the U.S. federal government to scrutinize or scale back their market power. Now they face a scrappy new coalition as well: prosecutors from nearly all 50 states.

Business

Biden eyes Big Tech critic for regulatory post: media

President Joe Biden plans to nominate a prominent advocate of breaking up Big Tech firms to a key regulatory post, suggesting an aggressive antitrust stance, media reports said Tuesday.

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