Justice Department Opens Antitrust Review of Big Tech Companies
The Justice Department said on Tuesday that it would start an antitrust review into how powerful internet companies had accumulated market power and whether they had acted to reduce competition, in another threat to the growing power of America’s technology giants. The Justice Department did not name specific companies in a news release announcing the review, but noted that it would look into concerns about search, social media and some retail services — presumably putting Google, Facebook and Amazon on notice.
Breaking up tech giants should be a measure of last resort, the European Union ’s competition commissioner, Margrethe Vestager, has suggested. Vestager is, however, in the final months of her term as antitrust chief — with the Commission due to turn over this year. Her time at the antitrust
The European Union ’s competition commissioner, Margrethe Vestager, has fired a warning shot about the competition risks posed by dominant tech The WSJ reports her saying: “If a few companies control the data you need to cut costs, then you give them the power to drive others out of the market…
By Foo Yun Chee
BRUSSELS (Reuters) - The European Union may impose rules to ensure companies that collect data do not misuse it, Europe's antitrust chief said on Friday, signaling how she could use her expanded powers to rein in U.S. tech firms like Facebook and Google.
The comments by Margrethe Vestager, appointed to serve another five years as European competition commissioner with new regulatory powers, suggests she may introduce rules to specifically cover tech companies and their use of data.
FTC chief: Breaking up tech companies is 'messy,' but still doable
In an interview, Federal Trade Commission Chairman Joe Simons said it would be possible to undo past mergers.
If tech giants were hoping for Europe ’s next Commission to pay a little less attention to question marks hanging over the fairness of their practices they’re And while — on the surface — regulating data might sound less radical a remedy than breaking giants like Google and Facebook up, placing hard
Margrethe Vestager, competition commissioner of the European Commission, spoke at the 2018 Bloomberg Global Business Forum on September 26 in New York City. Bloomberg Philanthropies. For American tech giants looking to do business in Europe , Margrethe Vestager is their worst nightmare.
Until now, fines have been handed out on a case-by-case basis based on regulations that are not specific to the sector.
Under Vestager, fines totaling about 10 billion euros ($11.1 billion) have been handed down to Google and Qualcomm after court rulings determined they had thwarted rivals.
"If we want to define the market, to set out what's acceptable and what isn't, then what we need is not more competition enforcement. We need regulation," she told a conference in Copenhagen.
"So we may also need broader rules to make sure that the way companies collect and use data doesn't harm the fundamental values of our society," Vestager said without giving details.
She said the bloc's data protection rules, adopted last year, gave Europeans control over personal data but did not help in instances when problems arose from companies misusing data to draw conclusions about individuals or to undermine democracy.
Tech giants, once seen as engines of economic growth and a source of innovation, have come under fire on both sides of the Atlantic for allegedly misusing their power and for failing to protect their users' privacy.
(Reporting by Foo Yun Chee; Editing by Edmund Blair)
Casa de Papel season 3: the private series of the famous mask of Dali for a question of rights?
A true symbol of La Casa de Papel whose season 3 is currently shooting, the famous mask representing the painter Salvador Dali is at the heart of a controversy in Spain. The Gala-Salvador Dali Foundation explained that it now wants to regulate the use of the artist's image. One thing the producers of the Netflix series have responded to.
The Casa de Papel has undoubtedly beenThe Dali Foundation wants to regulate the use of the image of the (but also in the world) in 2018. So much so that the platform has decided to expected for 2019 to the Spanish series. there are already several months in the four corners of the world and one imagines that one will necessarily see again the famous mask of the robbers. Something that does not really please a Spanish institution.
have the right to use the image of Salvador Dali to create his mask? After the success of the series, the Gala-Salvador Dali Foundation, which in Spain manages several museums dedicated to the painter, now wishes to limit its use. "We are in the process of regularizing the use of Salvador Dali's image rights," the foundation told Spanish newspaper El Pais this week.
The institution explains to hold "the exclusive management of the immaterial rights derived from the work and the person of Dali". "Anyone wishing to exercise or exploit any of these rights must obtain the prior permission of the foundation, and if the foundation is aware that its rights have been violated, an attempt is made to redirect the situation, allowed to be regularized "can we read in the newspaper.The producers of the series answer
On their side, the producers of the series assure that the Dali Foundation did not ask them for regularization in the use of the mask, specifies the newspaper. According to Atresmedia, the audiovisual group that owns the Antena 3 channel that is behind the series, the use of the painter's image was a "decision of the creators supported by the artistic team and the producer". "A craftsman was charged with making a caricature for the series and we wondered about the application for an authorization.Our legal team said that this was not necessary because it was a caricature" says the company that adds "The mask is a drawing reminiscent of Salvador Dalí, but anyone can wear a mustache although Dali has popularized it."
DoJ seeks Google records as US states launch antitrust probe of Big Tech.
The US Department of Justice has asked Google to provide records on past investigations, as part of its extensive probe of tech giants over possible anti-competitive practices, the internet titan said Friday.