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Stephen King to Testify for US Gov't in Antitrust Trial Against Publishing Giants' Merger
Renowned author Stephen King is set to take the stand Tuesday at a federal antitrust trial in Washington.
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Feds Begin Antitrust Battle Against $2.2B Penguin Random House Merger With Simon & Schuster
The Justice Department has sued to block the $2.2 billion merger, which would reduce the Big Five U.S. publishers to four.
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EU Targets U.S. Tech Giants With a New Rulebook Aimed at Curbing Their Dominance
New European antitrust regulations could dramatically reshape the business models of technology giants like Meta, Apple, Amazon and Google.
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Bipartisan Lawmakers Want Biden to Tell Europe to Stop ‘Unfairly' Targeting U.S. Tech Companies
The White House has so far tried to thread a thin needle on the issue of competition reform at home and abroad.
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Intel to Buy Tower Semiconductor for $5.4 Billion
The deal will give Intel a stronger foothold in specialty technologies in which Tower Semiconductor works, like radio frequency and industrial sensors.
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Facebook Market Cap Falls Below $600 Billion — Which Could Actually Help It Dodge New Antitrust Scrutiny
The milestone points to one of the challenges of crafting laws that target the tech industry.
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Price Comparison Site Sues Google for $2.4 Billion Over Alleged Antitrust Breach
Swedish price comparison site PriceRunner is suing Google for 2.1 billion euros ($2.4 billion) over alleged anti-competitive behavior.
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Senate Committee Advances Bill Targeting Google and Apple's App Store Profitability
The legislation addresses key gripes app developers including Spotify, Epic Games, Basecamp and others have raised about Apple and Google.
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Nvidia Is Reportedly Preparing to Abandon Its $40 Billion Takeover of Arm
Nvidia is “quietly” preparing to abandon its $40 billion acquisition of British chip designer Arm, Bloomberg News reports.
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Sen. Ted Cruz Said He Spoke to Apple CEO Tim Cook for 40 Minutes About Antitrust Bill
The phone call from Apple’s CEO directly to lawmakers is a sign of how important Apple considers the specifics of the legislation to be.
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Senate Committee Votes to Advance Major Tech Antitrust Bill
The bill has significant implications for Amazon, Apple and Google in particular.
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The Senate Will Get Its Best Shot at Regulating Big Tech, and Apple, Google and Amazon Are Already Playing Defense
The Senate Judiciary Committee is set to deliberate on the American Innovation and Choice Online Act on Thursday.
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FTC Chair Lina Khan Says Agency Won't Back Down in the Face of Intimidation From Big Tech
In a CNBC exclusive, the Federal Trade Commission chair sat down for her first on-camera interview.
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CNBC Exclusive: FTC Chair Lina Khan Sits Down With Andrew Ross Sorkin and Kara Swisher to Discuss Her Plans to Take on Big Tech
Federal Trade Commission Chair Lina Khan will join CNBC’s Andrew Ross Sorkin and Kara Swisher, host of “Sway” podcast, for her first on-camera interview.
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FTC, DOJ Seek to Rewrite Merger Guidelines, Signaling a Tougher Look at Large Deals
The request for comment contains an entire section of questions devoted to digital markets.
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State AGs Appeal Dismissal of Their Antitrust Suit Against Facebook
The states, led by New York Attorney General Letitia James, argued the judge wrongly dismissed their case.
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Google, Facebook CEOs Oversaw Illegal Ad Auction Deal That Gave Facebook an Advantage, States Allege
Chief executives of Google and Facebook personally oversaw a 2018 deal that advantaged Facebook on Google’s ad auctions, a group of states alleged on Friday.
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Judge Grants FTC Second Chance to Challenge Facebook on Antitrust Grounds
The judge also said FTC Chair Lina Khan’s participation in the vote to file the amended complaint was valid, despite Facebook’s argument for her recusal.
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Sen. Warren and Rep. Jayapal Tell Google to Stop Trying to ‘Bully' DOJ Antitrust Chief Into Recusal
Google previously requested the DOJ review whether Kanter should be recused from cases and investigations involving its business based on his past work.
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2022 Will Be the ‘Do Or Die' Moment for Congress to Take Action Against Big Tech
Proposals to update competition law, establish online privacy rights and protect kids from harm on the internet have bipartisan support.