State attorneys general will reportedly kick off antitrust investigation into tech giants
A group of states will add its voices to the DOJ and FTC reviews into big tech companies, a report says.
(Reuters) - More than 30 U.S. state attorneys general are readying an investigation into Alphabet Inc's Google for potential antitrust violations, a source knowledgeable about the probe said on Tuesday.
Sept 3- More than half of U . S . state attorneys general are readying an investigation into Alphabet Inc' s Google for potential antitrust violations, a. The tech giants, among the richest and most powerful companies in the world, are facing increasing antitrust scrutiny from Congress, federal agencies and
“Up to 20 or more” attorneys general could soon join the Justice Department, FTC, and House Judiciary Committee in taking on Big Tech. The targeted tech titans have hit back at the recent swell of accusations that they've perpetrated antitrust practices. Google ' s director of economic policy
Texas leads the group of 30-plus attorneys general, which plans to announce the probe on Sept. 9, the source said.
Google said that it was cooperating with the state officials.
"We continue to work constructively with regulators, including attorneys general, in answering questions about our business and the dynamic technology sector," Google representative Jose Castaneda said.
Google could soon face another antitrust investigation
Next week, more than half of the nation's attorneys general are expected to announce an antitrust investigation into Google, The Washington Post reports. Details on the investigation are limited, but it's yet another probe into fears that big tech has amassed too much power. Both Democrats and Republicans have expressed concerns that just a handful of companies control the internet and technology at large. Earlier this summer, a House antitrust subcommitteegrilled executives from Amazon, Apple, Facebook and Google.
Google is the target of new antitrust probes . State officials are reviewing Google ’ s business practices to determine whether or not an antitrust probe will prove necessary. Google acknowledged recently it has been entertaining questions from the Texas attorney general ’ s office as
Makan Delrahim, assistant attorney general , noted in a video speech to a conference in Israel that the Justice Department had previously fought giant Delrahim pointed to past big antitrust victories, like the breakup of Standard Oil early in the last century and AT&T, which agreed to be broken up in 1982.
The probe is focused on the intersection of privacy and antitrust, according to the source, who did not elaborate.
Ken Paxton, the Texas attorney general, filed comments along with 42 other state officials in June that urged the Federal Trade Commission to focus on privacy and data collection in investigating potential violations of antitrust law.
In the comment, the state officials argued that the big tech firms have so much user data that it is hard for newcomers to compete.
Another Texas official, Assistant Attorney General Jeff Mateer, alleged in an FTC hearing in June that Google and other big tech companies were misleading in representing themselves as neutral, citing Google's balking at carrying an ad about "what it means to be an American, the Texas attorney general's office said in a statement in June. Google eventually relented on the ad, the statement said.
States Expected to Announce Antitrust Probe of Google Next Week
More than half of state attorneys general are planning to open an antitrust investigation of Alphabet Inc.’s Google next week, according to two people familiar with the matter. Multiple states are planning to announce the coordinated probe on Sept. 9, said three people, who asked not to be identified discussing sensitive deliberations. The plans could change. U.S. antitrust enforcers have already taken preliminary steps toward a probe of the search giant, which is also a major player in online ads and mobile operating systems. It has faced antitrust investigations in Europe as well.
The Bureau enforces New York State ’ s antitrust laws (the Donnelly Act) and also has the authority to sue for violations of federal antitrust laws (the Sherman Anyone relying on information obtained from Google Translate does so at his or her own risk. The Office of Attorney General does not make any
More than half of US state attorneys general are reportedly preparing an investigation into Alphabet Inc' s Google for potential antitrust violations in a bipartisan effort led by Texas.
The tech giants, among the richest and most powerful companies in the world, are facing increasing antitrust scrutiny from Congress, federal agencies and now state attorneys general.The Justice Department said in July that it was opening a broad investigation of major digital technology firms, focusing on whether they engage in anticompetitive practices. The investigation is believed to be aimed at Google, Amazon.com Inc and Facebook Inc , and potentially Apple Inc .
Separately, the Federal Trade Commission, which also enforces antitrust law, is also probing Amazon and Facebook to determine if they abused their massive market power in retail and social media, respectively.
The Washington Post was the first to report the development on Tuesday.
(Reporting by Diane Bartz in Washington and Ayanti Bera in Bengaluru; Additional reporting by David Shepardson in Washington; Editing by Shailesh Kuber and Lisa Shumaker)
Hindering the commercialization of a generic: the EU accuses Teva
Soon a large laboratory fined by the European Union., Cephalon has paid Teva "for the latter not to market its generic, cheaper version of modafinil, Cephalon's drug against sleep disorders ".
The Commission, which had opened an investigation in April 2011, decided to send Teva a "statement of objections" on Monday 17 July, which corresponds to an indictment in European jargon.
"It is now up to companies to allay our fears," said EU Commissioner for Competition Margrethe Vestager. In October 2011, Cephalon became a subsidiary of Teva.
A heavy fine in sight?
If these charges are proven, they may result in a hefty fine. In a similar case, the French laboratory Servier was sentenced on July 9, 2014 to a fine of 331 million euros for having hindered the placing on the market of cheaper generic versions of its cardiovascular drug, Perindopril.
A generic medicine is the same or a brand-name drug, but is cheaper after the patent expires, allowing patients or social security services to reduce their fees.
Similar investigation against Teva in the United States
In the United States, a similar investigation by the US Competition Commission (FTC) was opened on an agreement between Teva and Cephalon also concerning modafinil, marketed in the United States under the name of Provigil.
In May 2015, Teva agreed to clear $ 1.2 billion in compensation for this investigation by buyers, including drug wholesalers, pharmacies and health insurers, who had too much paid for the narcoleptic Provigil.
DOJ: State AGs could make good partners in big tech antitrust probes .
Facebook and Google are taking heat from the federal government as well as the states.But while those probes may all be separate, investigators from both levels of government may make helpful allies.