Justice Department announces broad antitrust review of Big Tech
It’s separate from the Google and Apple investigations that were announced earlier
Technology companies face a backlash in the United States and across the world, fueled by concerns among “Their predatory power grabs demand strict & stiff investigation & antitrust action,” the The FTC settled an investigation of Google in 2013 with a reprimand. The company has been fined
The investigation is also partly a shot at the antitrust agencies, which he said have been too slow to act. While Congress lacks the power to break up big tech companies or levy fines, it has the ability to The investigation will likely result in a report outlining possible policy recommendations, Ciciline
(Reuters) - A U.S. House of Representatives panel on Friday demanded internal emails and other company records from Amazon.com Inc., Facebook Inc, Apple Inc, and Alphabet Inc's Google as it seeks evidence of anticompetitive behavior.
A bipartisan group of lawmakers on the House Judiciary Committee requested the documents by Oct. 14.
The companies did not immediately return a request for comment.
This demand comes days after the Texas attorney general led a group of 50 attorneys general from U.S. states and territories in a probe on whether Google abuses its market power in advertising.
The U.S. Justice Department said in July it is investigating "whether and how" large tech companies in "search, social media, and some retail services online" are engaging in anticompetitive behavior, an apparent reference to the same companies named by the House panel on Friday.
(Reporting by Jan Wolfe and Bryan Pietsch; Editing by Kevin Liffey and Chizu Nomiyama)
Casino and Intermarché surveyed in Brussels, the headquarters of the two groups raided
A former joint purchasing center created by the two banners is in the viewfinder of the European authorities
Casino and Intermarché are in the viewfinder of Brussels. The European competition authorities made Tuesday visits-seizures at the headquarters of both groups, revealed Le Figaro, which discusses an investigation into an alliance between the two giants of distribution.
A spokesperson for the Casino Group confirmed the visit of investigators from the European Commission. Nobody was immediately reachable at Intermarché for confirmation, says AFP. The case concerns Inca-achats (Incaa), a joint purchasing center created in 2014, which both banners ended last summer.Suspicions of antitrust violation
The European Commission confirmed this Wednesday morning "unannounced inspections at the premises of companies active in the food retail sector in France", but without mentioning the companies concerned. She "fears that two retail grocery stores have violated the antitrust rules of the EU that prohibit agreements and restrictive business practices," she said in a statement.
"The fact that the Commission carries out such inspections does not mean that the companies are guilty of anti-competitive behavior and that it prejudges the outcome of the investigation itself", she insists, pointing out that its officials "were accompanied by their counterparts from the French competition authority ".A common purchasing center at the heart of the
survey The joint purchasing centers enable retail chains to order larger volumes and thus to gain even more weight during negotiations with their suppliers. But they have been worrying the competition authorities for several years.
Casino, Intermarché and their central had already been summoned before the Commercial Court of Paris by the French crackdown on fraud in 2017 for "abusive" commercial practices. It is therefore Brussels' turn to look into the tariff negotiations conducted by the power plant with the agri-food industry.The French authorities had already pinned the two
banners In France, the Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) considered that these banners had "made additional financial demands" to their suppliers without they are justified, according to a press release of 2017.
According to Bercy, the suppliers who did not accept these requests had undergone "retaliatory measures" revealed after a survey conducted in 2016 by the DGCCRF. The dissolution of Incaa in 2018 was announced in parallel with the formation of another alliance, bringing together this time Casino and Auchan.
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Google faces antitrust investigation from 50 state attorneys general.
A collation of 50 state attorney generals have launched a new antitrust investigation into Google, reports The Washington Post. According to Texas Attorney General Ken Paxton, the leader of the initiative, the investigation will initially focus on the company's advertising business but is likely to expand to encompass other aspects of how the company conducts itself. "The facts will lead where the fact lead," said Paxton. If Google is found to have acted in a way that broke the US's antitrust rules, the company could be forced to divest itself of parts of its business, including YouTube.