Facebook and Google, the two biggest players in online advertising, used a series of deals to consolidate their market power illegally, Texas and nine other states alleged in a lawsuit against Google.
Browsing: Facebook
Even in a year when bashing tech companies has become a bipartisan avocation, last week’s US antitrust assault on Facebook stands out.
The US took a major step toward the possible breakup of Facebook by formally filing an antitrust lawsuit against the technology giant. Here’s how a forced breakup would impact Facebook’s prospects.
Facebook could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission and nearly every US state filed lawsuits against the social media company on Wednesday.
Apple has threatened to remove apps from the App Store if they don’t comply with an upcoming private feature allowing users to block advertisers from tracking them across different applications.
Australia finalised plans on Tuesday to make Facebook and Google pay its media outlets for news content, a world-first move aimed at protecting independent journalism.
Facebook will soon be hit by federal and state antitrust lawsuits accusing the social media giant of abusing its dominance and thwarting competition, according to three people familiar with the matter.
Nick Clegg, Facebook’s vice president of global affairs, called on US President-elect Joe Biden to unite the Internet’s “regulatory planets” of India and the European Union against the influence of China.
Virtual reality start-ups are accusing Facebook of using a familiar playbook to muscle out rivals in what could be the digital platform of the future – prompting a new line of scrutiny from competition enforcers.
Facebook-backed cryptocurrency libra has been rebranded “diem” in a renewed effort to gain regulatory approval by stressing the project’s independence.