Mergers, acquisitions, and partnerships have been lately considerably increasing in numbers. The notably fast evolution in technology has pushed big technology companies (techcos) and most recently telecom companies (telcos) to look for avenues to spearhead the competition into adopting emerging concepts and practices. The scale of such events and the significantly large amounts spent in […]
Antitrust
A top Democratic lawmaker on antitrust issues said Tuesday a bill aimed at reining in the market power of Big Tech platforms like Amazon.com and Alphabet’s Google had the votes to pass the both chambers of Congress in the next few weeks. On the sidelines of an event to rally support for measures before the […]
Meta Platforms Inc on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as watchdogs investigate the owner of Facebook’s data and online marketplace. Meta says it has already handed over more than a million documents to the European Commission since its first request in 2019 regarding its Facebook Marketplace, social networking […]
Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc, from giving preference to their own businesses on their websites. Amazon lambasted the bill on Wednesday saying in a blog post that the bill “jeopardizes two of […]