The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ...
REUTERS: The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition, two sources familiar with the matter said.
Google controls much of the technology used to buy online ads, and its Android operating system runs most of the world's smartphones. The U.S. Federal Trade Commission, which enforces antitrust laws along with DOJ, previously investigated Google's business practices. The 2013 settlement with the FTC was widely viewed as a victory for Google because the company was only required to make modest changes to its practices and was allowed to continue to highlight its own services in search results.
In a 2017 deal with the EU, Google agreed to pay US$2.7 billion to resolve claims it unfairly steered business toward its shopping platform. In March it was fined US$1.7 billion in a case focused on illegal practices in search advertising brokering from 2006 to 2016.Yes, in theory, but experts have said such action against a technology firm is unlikely.
Perhaps the most famous case is the government’s effort to break up Microsoft Corp. The Justice Department won a preliminary victory in 2000 but was reversed on appeal. The case settled with Microsoft intact. Congress has long been expected to take up privacy legislation after California passed a strict privacy law that goes into effect on Jan. 1.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart taps ex-Google, Amazon employee as new chief technology officerWalmart Inc has appointed Suresh Kumar, a former employee of Alphabet Inc-owned Google and Amazon.com Inc, as its new chief technology officer as ...
Read more »
Google bans apps that facilitate sale of marijuanaAlphabet Inc's Google on Wednesday banned apps on its app store that facilitate the sale of marijuana or related products, as part of a change to ...
Read more »
Two Singaporean students picked as finalists for annual Google Science Fair in the United StatesSINGAPORE — Two Singaporean students have made it to the global finals of the Google Science Fair for their project which seeks to find a possible source of renewable energy from food waste — such as sugarcane pulp sourced at hawker centres here.
Read more »
US preparing antitrust probe of Google: report[SAN FRANCISCO] The US Department of Justice is preparing an antitrust investigation of Internet titan Google, the Wall Street Journal reported on Friday. Read more at The Business Times.
Read more »
G20 countries eye tax policy for internet giants: NikkeiTOKYO: G20 countries are planning a new tax policy for digital giants like Google, based on the business a company does in a country, not where it ...
Read more »
Explainer: What is the US currency watch list and why is Singapore on it?SINGAPORE — Other than knee-jerk reactions in the financial markets, economists said that there would likely be no short-term impact on Singapore for being on the United States’ watch list for currency practices.
Read more »
Explainer: What is the US currency watch list and why is Singapore on it?SINGAPORE — Other than knee-jerk reactions in the financial markets, economists said that there would likely be no short-term impact on Singapore for being on the United States’ watch list for currency practices.
Read more »
Explainer: Allied Tech’s S$33.2 million went missing from an escrow account. What are they, and why do firms use them?SINGAPORE — The unfolding case of a missing $33.2 million from Singapore-listed Allied Technologies has turned the spotlight on a little-understood and little-regulated type of account known as an escrow account. The money was being held in such an account at a legal firm before it disappeared.
Read more »
Venture Capital firm EV Growth closes first fund at US$200m, exceeds target by US$50mVENTURE Capital firm EV Growth reached the final close of its first fund at US$200 million, exceeding its initial target of US$150 million. This fund is backed by a diverse group of investors such as SoftBank Group Corp, Pavilion CapitaI, Indies Capital and other regional investors. Read more at The Business Times.
Read more »