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Posts Tagged ‘antitrust’

The New Deal was partly motivated by a desire to **** the fake news epidemic of the Gilded Age

100 years ago, wealthy people bought up newspapers as fast as they could, then used them to smear progressive reformers, inventing lies ("Congressmen don't pay taxes!") to discredit the entire project of dismantling American oligarchy.

The reformers railed against "absentee owners" -- distant media tycoons who didn't care if the fake news their papers printed ruined ...

Despite 50 state AGs’ antitrust investigations, Google stocks hit an all time high

50 states' Attorneys General are investigating Google for antitrust violations, doing the work that Federal regulators have shirked since the Reagan era.

Despite this, Google's investors are bullish, pushing the company's shares up to $1,397.81 yesterday for a market cap of $964b.

Facebook -- under antitrust investigation by 47 states' Attorneys General -- also closed ...

2019: EFF enters the competition fray

None of us signed up for an Internet composed of "a group of five websites, each consisting of screenshots of text from the other four", but here we are, watching as hyper-concentrated industries rack up catastrophic victories against net neutrality, right to repair, security auditing, and a host of other issues.

These ...

DoJ to scrap the Paramount antitrust rule that prohibits movie studios from buying or strong-arming movie theaters

Through the 1940s and 1950s, the DoJ went to war on the "studio system" -- a system whereby studios locked up actors in exclusive contracts and then bought or strong-armed all the movie theaters in America so that they'd screen whatever the studios made, freezing out independent productions from movie companies that might offer their ...

Bill Gates just accidentally proved that even “unsuccessful” antitrust enforcement works

In 1992, the Federal Trade Commission opened an antitrust investigation against Microsoft; in 2001, the company settled the claims, making a slate of pro-competitive promises that were widely derided as too little, too late.

The common account of the Microsoft antitrust inquiry is that the US government spent a decade in court and came away ...

The case for breaking up Disney

Disney has always been a problematic company, from its crypto-minstrelsy (and not-so-crypto-minstrelsy) to its perpetual copyright extensions to its censorship activities to its gender stereotyping to its anti-union work and so on, but, as anti-monopoly activist Matt Stoller (previously) writes, under CEO Bob Iger the company has changed ...

US search market needs a ‘choice screen’ remedy now, says DuckDuckGo

US regulators shouldn’t be sitting on their hands while the 50+ state, federal and congressional antitrust investigations of Google to grind along, search rival DuckDuckGo argues. It’s put out a piece of research today that suggests choice screens which let smartphone users choose from a number of search engines to be their device default — ...

Google’s Play Store is giving an age-rating finger to Fleksy, a Gboard rival 🖕

Platform power is a helluva a drug. Do a search on Google’s Play store in Europe and you’ll find the company’s own Gboard app has an age rating of PEGI 3 — aka the pan-European game information labelling system which signifies content is suitable for all age groups. PEGI 3 means it may still contain ...

New York’s Facebook antitrust investigation now has 46 other attorneys general onboard

New York Attorney General Letitia James is turning up the heat on the state’s antitrust investigation into Facebook, which i seeking “to determine whether Facebook’s actions may have endangered consumer data, reduced the quality of consumers’ choices, or increased the price of advertising.” Her coalition previously consisted of attorneys general from a total of 8 ...

Yahoo Groups is being prepared for shutdown, with all stored archives to be deleted on Dec 14

The latest ****-you from Oath -- the Verizon division created to manage the zombie assets of AOL and Yahoo, bought at a ridiculous premium and then written down by more than 99% -- is the impending drawdown of Yahoo Groups, with mass deletions of all stored "Files, Polls, Links, Photos, Folders, Calendar, Database, Attachments, Conversations, ...