Energy News
INTERNET SPACE
After long peace, Big Tech faces US antitrust reckoning
After long peace, Big Tech faces US antitrust reckoning
By Alex PIGMAN
Washington (AFP) April 14, 2024

After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.

Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split up.

The most recent came in March against Apple by the FTC, which alleges the iPhone maker abuses its dominance of the premium smartphone sector.

Washington had largely remained silent on Big Tech cases since its wars with Microsoft that began in the 1990s and ended in a settlement in the early 2000s, after a bruising battle with the DOJ.

Inspired by moves in Europe and elsewhere, the new generation of cases allege that the practices of tech giants including Amazon and Meta stifle competition, harm consumers, and warrant significant changes in business operations.

The cases are on different timelines, before different federal judges and are based on a wide variety of allegations. With appeals, the lawsuits could drag on as long as a decade.

The first case in the campaign, launched in 2020 against Google over its search engine, could have an initial decision as early as the end of this year.

In the second Google case, also brought by the DOJ, the company is targeted for its dominance of the digital advertising sector. Amazon and Meta meanwhile face cases with the FTC.

The suits have drawn applause from lawmakers, with frustration over the power of big tech companies running high with the public.

But many in the business community and legal profession have balked, seeing the lawsuits as legally thin or politically motivated.

The heads of the FTC and the DOJ's antitrust section adamantly stand by their cases, seeing their mission as a means to protect consumers.

"It's always good to kind of look at the actual facts rather than go off of the vibes," FTC chair Lina Khan told a conference in Washington, organized by the American Bar Association, in response to her critics.

"We're really addressing the pain points that affect people's lives including health care and digital (tech), but way, way beyond that," she said.

Instead of getting bogged down in legal theory, Khan said the FTC's cases were "fit for purpose in the year 2024."

"That means... not relying on outdated assumptions and theories that are clearly contravened with what we're seeing with our own eyes," she added.

- Legally creative? -

In an informal survey of 19 top antitrust scholars by University of Michigan Law professor Daniel Crane, a majority of respondents believed the cases would be difficult to prosecute.

"Gathering the overall sense, it's fair to say that there is an expectation that more of the cases will lose than win," Crane wrote, with the Google cases seen as the government's strongest and Amazon as the weakest.

Khan's critics point to widespread opinions in the legal community that the Biden administration's cases walk on thin legal ground.

"I'm kind of exasperated by these lawsuits, because they seem highly motivated, rather than based on sober legal and economic analysis," said Michael Santoro, a professor of management at Santa Clara University, who was not part of the survey.

A senior executive from a tech giant, on condition of anonymity, said that "ultimately they are turning antitrust law upside down."

Speaking in Washington with her US counterparts, the EU's competition czar Margrethe Vestager said she wished she had been more on the offensive in her earlier antitrust decisions.

"If I were to redo it, I would have been bolder, because we don't have a lot of time. Concentration is increasing in every jurisdiction," she said.

Vestager, in office for almost a decade, has pursued her own wave of cases against tech companies that have been accused of being far-fetched or legally creative.

In its latest tech-related decision, last month the EU hit Apple with a 1.8-billion-euro fine ($1.9 billion) for preventing music streaming services from offering subscription options outside of its App Store.

Related Links
Satellite-based Internet technologies

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
INTERNET SPACE
The Integration of Space and Everyday Technologies
Sydney, Australia (SPX) Apr 15, 2024
The integration of space technology into everyday life is transforming how we communicate, navigate, and interact with our environment. Satellite technology, once the domain of specialized applications, is now a foundational component of everyday devices and services, enhancing connectivity and providing critical data across various sectors. Satellite Technology's Broad Applications 1. Communications: Satellite technology is crucial for global telecommunications, especially in remote and rur ... read more

INTERNET SPACE
World's largest private firms fail to set climate targets: report

Scotland abandons ambitious climate pledge

Swiss climate policy in spotlight after court ruling

Climate impacts set to cut 2050 global GDP by nearly a fifth

INTERNET SPACE
Innovative Seron Electronics Paves the Way for Accessible Scientific Research

Dig deep: US bets on geothermal to become renewable powerhouse

Setting a laser like sight on a path to practical fusion

Unveiling a new class of plasma waves: implications for fusion energy

INTERNET SPACE
China says 'highly concerned' over EU probe into wind turbine suppliers

EU probes Chinese wind turbine suppliers over subsidies

Swedish-Belgian group wins Norway's first offshore wind license

Wind-powered Dutch ship sets sail for greener future

INTERNET SPACE
Solar energy adoption challenges in rural Ethiopia

The role of Floating Solar in achieving Africa's energy targets as an alternative to dams

USTC team enhances air-processed perovskite solar cells with new stabilizer

New Layered Perovskite Structure Explored for Enhanced Optical Properties

INTERNET SPACE
Framatome secures multi-billion euro contracts for Sizewell C nuclear project

Ukraine starts building first US-design nuclear reactors

IAEA warns that attacks on Ukraine plant mark new risks in war

IAEA to meet on nuclear plant targeted in Ukraine conflict

INTERNET SPACE
Transforming CO2 into green fuel with innovative sunlight-powered catalyst

Turning CO2 into Methanol at Room Temperature

Tripling the US Bioeconomy: The Billion-Ton Report's Blueprint for Sustainable Biomass

Greenhouse gas repurposed in University of Auckland experiments

INTERNET SPACE
Oil, gas drilling blocked in Alaska wilds as Biden seeks green cred

Oil jumps more than 3% on Middle East worries

Quake-hit Dutch gas plant to close for good

Iraq inks energy deals on premier's US visit

INTERNET SPACE
Drought-hit Colombia halts electricity exports to Ecuador

Panama plans dry alternative to drought-hit canal

Top Europe court to issue landmark climate verdicts

Greek valley that became a lake stirs drought debate

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.