Mark Zuckerberg haunted by old emails in high-stakes US trial
Meta founder’s antitrust defence rests on showing that TikTok is rapidly expanding in his main market
Federal Trade Commission
Meta’s Zuckerberg says TikTok is a major competitive threat
US Federal Trade Commission looking to unwind Facebook’s acquisitions of Instagram and WhatsApp in 2012 and 2014
Meta’s Zuckerberg admits he bought Instagram because its camera was ‘better’
Admission appears to bolster allegations by US antitrust enforcers that Meta used a ‘buy or bury’ strategy to snap up potential rivals
Privacy groups accuse Google of leaking data to China
Search giant says complaint to Federal Trade Commission based on flawed understanding of how its digital advertising technology works
US weighs Google break-up in landmark antitrust case
Justice department could seek ‘structural remedies’ such as forced product sales after judge’s ruling of illegal monopoly in search
Can anyone stop Google’s monopoly? AI just might
Biggest US antitrust victory since Microsoft could still be too little, too late, as judge considers how to rein in search giant
Regulators at last have oil-price fixing in their sights
The FTC’s ruling on Exxon-Pioneer deal shines a spotlight on the workings of Opec and industry executives
Record medicine shortages expose world’s broken market
Record shortages of common drugs have countries scrambling for alternatives while patients skip treatments
Amazon accused of wielding monopoly power over online retail in landmark lawsuit
FTC case is biggest test yet of Lina Khan’s fight against power of Big Tech
Amgen takeover of Horizon expected to close as FTC pauses challenge
US regulator open to settlement talks on concerns about monopoly access to drugs after losses in several high-profile cases
ChatGPT maker investigated by US regulators over AI risks
Federal Trade Commission probes Microsoft-backed OpenAI over potential harm caused by chatbot fabricating information
US judge denies attempt to block Microsoft’s Activision deal
British competition watchdog also agrees to reopen talks on $75bn video games merger
FTC sues Amazon for hindering consumer attempts to cancel Prime
US consumer protection agency says Amazon referred to the cancellation process internally as the Iliad
Too good to be true? The fake recruiters targeting jobseekers
Elaborate scams are on the rise, putting candidates and reputable employers at risk
Microsoft pays $20m to resolve Xbox children’s privacy case
Company demanded and retained personal information from children under 13 years of age in defiance of online privacy law
Meta fine indicates EU losing patience, say data privacy campaigners
Order to delete data processed and stored unlawfully in US could be more problematic for Facebook owner than fine of €1.2bn
Regeneron boss backs bid to block $28bn Horizon Therapeutics deal
Leonard Schleifer describes largest pharma sector M&A of 2022 as ‘worst thing for our industry’
Devil is often in detail when it comes to employee contracts
Why has real wage growth slowed across different countries in the last two decades?
US regulator moves against Ardagh over non-compete restrictions
The Federal Trade Commission named Ardagh among firms which used ‘harmful’ agreements.
Irish rights group urges US regulator to change tracking rules for online ads
Irish Council for Civil Liberties tells Federal Trade Commission that ‘real-time bidding’ internet advertising exposes consumers to ‘significant injury’
Twitter to meet Irish Data Protection Commission over new structures
Social media groups hectic overhaul puts regulators on alert on both sides of the Atlantic
Stakeholder investors are blind to the realities of monopoly power
Those who care about more equitable markets tend to focus on ESG when they should be looking at market power
Microsoft’s offer for Activision sets scene for blockbuster year for M&A in gaming
Take-Two Interactive Software said it will buy Zynga in a deal valued at $11bn
Ottawa protest inspires far-right activists beyond Canada’s borders
Truckers’ actions draw support from Canadians exhausted by pandemic restrictions
Pharma boss barred from industry for life over price gouging
Martin Shkreli raised price of life-saving drug from $13.50 to $750 a tablet overnight
Big Tech faces groundhog day as 2021's challenges set tone for 2022
From chip shortages to employee power and calls for regulation, 2021 was a year of concern for the sector
Dealmaking surges past €5.1tn to highest levels on record
Booming markets and widespread stimulus measures help to boost activity
SoftBank shares fall as value of portfolio companies plummet
As of Monday, firm trading at more than a 50% discount to its October 1st net asset value
US to release millions of barrls of oil from reserves as part of global move to cool prices
Biden administration to work with China, India, Japan, South Korea and UK
Data transfer and digital trade destined to stay perplexing
Net Results: Devil will be in the detail of any seeming accords on information exchange
FaceyMcBookFace: Can Facebook’s new name save the social media company?
Facebook knows it has an image problem. So it’s becoming a ‘metaverse’ company. A what?
Facebook whistleblower reignites support for curbing Big Tech
Social media giant accused of being cavalier about user safety
Is this doctor the most influential spreader of Covid-19 misinformation online?
Joseph Mercola creates and profits from misleading Covid vaccine claims, researchers claim
The growing right-to-repair movement tackling throwaway tech culture
Net Results: Consumers fed up binning costly devices due to manufacturers’ restrictions
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