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Paul Merrell

FTC Hits Amazon With 'One of the Most Important Antitrust Cases in US History' - 1 views

  • Economic justice advocates applauded on Tuesday as the Federal Trade Commission and 17 states filed a sweeping antitrust lawsuit against Seattle-based Amazon.com for illegally dominating the online retail economy at the expense of consumers.
  • The 172-page complaint "lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies," said FTC Chair Lina Khan in a statement. "The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens of millions of American families who shop on its platform and the hundreds of thousands of businesses that rely on Amazon to reach them." The document—filed in a federal court in Washington state—alleges that Amazon maintains "durable monopoly power" in the online superstore and marketplace services markets, including by stifling price competition and coercing sellers into using its fulfillment service.
Paul Merrell

Facebook parent hit with record $1.3 billion fine by European regulators | KRON4 - 0 views

  • The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears. The penalty fine of 1.2 billion euros from Ireland’s Data Protection Commission is the biggest since the EU’s strict data privacy regime took effect five years ago, surpassing Amazon’s 746 million euro penalty in 2021 for data protection violations. The Irish watchdog is Meta’s lead privacy regulator in the 27-nation bloc because the Silicon Valley tech giant’s European headquarters is based in Dublin. Meta, which had previously warned that services for its users in Europe could be cut off, vowed to appeal and ask courts to immediately put the decision on hold.
Paul Merrell

Major states teaming up with U.S. Justice Department to sue Google - 1 views

  • Several states including New York, Colorado, Virginia and California have joined with the Department of Justice to sue Google, charging that the online giant is illegally monopolizing the market for online ads. Claims include "self-dealing, anticompetitive acquisitions, and forcing businesses to use multiple products and services that it offers," according to a new report in Politico.
Paul Merrell

Mass. health officials worked with Google to covertly install COVID 'spyware' into 1M p... - 1 views

  • The Massachusetts Department of Public Health (DPH) is facing a class-action lawsuit for allegedly using Google technology to covertly install tracking apps on over one million Android phones as part of the state government’s efforts to slow the spread of COVID-19 through contact tracing. In a lawsuit filed Tuesday, the New Civil Liberties Alliance (NCLA), a nonpartisan civil rights firm, accused the Bay State’s health department of "brazen disregard for civil liberties" by installing "spyware that deliberately tracks and records movement and personal contacts onto over a million mobile devices without their owners’ permission and awareness." The class-action suit claims DPH is in violation of both the Massachusetts and U.S. Constitutions.
Paul Merrell

Elon Musk fires every Twitter exec involved in banning Trump, hiding Biden laptop story - 4 views

  • Leftists and other progressives have lost their cool on the completion of Elon Musk's takeover of Twitter. Advertisement - story continues below "It's like the gates of hell opened on this site tonight," claimed tech columnist Taylor Lorenz on social media. Fox News reported Musk, the noted billionaire of SpaceX and Tesla fame, immediately fired several top executives, including CEO Parag Agrawal, CFO Ned Segal and Vijaya Gadde, the chief of legal policy, trust and safety.
  • Musk accused them of misleading him – and other investors – over the number of fake accounts on the platform, Fox reported a source confirmed.
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